Netskope, Inc. (NTSK) AI Stock Analysis

Netskope, Inc. provides security, networking, and analytics solutions to enterprise and mid-sized customers worldwide. Its cloud-native Netskope One platform safeguards human users, non-human entities, and data using zero trust principles. Security capabilities include cloud access security broker, data loss prevention, threat protection, secure web gateway, private access, and remote browser isolation. The platform also delivers networking products such as Firewall-as-a-Service, software-defined wide-area network, and Cloud Packet Stream solutions. Additionally, Netskope offers analytics tools, including user and entity behavior analytics and digital experience management, providing visibility into activity across web, cloud, software-as-a-service, artificial intelligence, and private applications.

Netskope grew revenue from $406.9M in FY2024 to $538.3M in FY2025 and $709.0M in FY2026, delivering a two-year revenue compound annual growth rate of 32.0%. Gross margin expanded consistently over that period, rising from 59.8% in FY2024 to 64.6% in FY2025 and 68.1% in FY2026. However, operating losses widened sharply in FY2026 to an operating margin of -92.0%, driven by $509.0M in research and development expenses, leading to a net income of -$679.4M. For the latest quarter ended July 31, 2026, quarterly revenue increased 29.2% year-over-year, bringing trailing twelve months revenue to $802.6M with an EPS of -$1.52.

As of July 31, 2026, Netskope held $1.07B in cash and short-term investments against $732.2M in total debt, resulting in net cash of $335.1M. Total assets stood at $1.71B and shareholders' equity was $156.8M, yielding a debt-to-equity ratio of 4.67 and a current ratio of 2.01. The company achieved positive operating cash flow of $38.1M and free cash flow of $15.2M in FY2026. Capital expenditures for FY2026 totaled $22.9M, while share buybacks totaled $565,000.

At a share price of $19.00, Netskope has a market capitalization of $7.76B and an enterprise value of $7.24B. The stock trades at a price-to-sales multiple of 9.7x and an enterprise-value-to-revenue multiple of 9.0x, well above the median of its US-listed Technology peers of 2.8x sales. Its price-to-book ratio is 48.3x. Over the past year, Netskope shares fell 16.7%, lagging the S&P 500 return of 16.8%, though the stock is up 8.3% year-to-date and trades 47.9% above its 200-day moving average.

Wall Street analysts maintain 11 Strong Buy, 5 Buy, and 2 Hold ratings on Netskope, with no Sell or Strong Sell ratings. The mean price target of $19.36 implies an upside of 1.9% compared to the last closing price of $19.00. For the current fiscal year ending January 31, 2027, consensus estimates project revenue of $890.5M and an EPS of -$0.15, representing expected EPS growth of 69.0%. For the following fiscal year, six analysts project revenue of $1.08B and an EPS of -$0.83. Netskope has beaten EPS estimates in each of the last 4 quarters.

This page is an AI-written research summary of Netskope, Inc. (NTSK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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