Netskope, Inc. (NTSK) Stock Price & How to Invest

Netskope, Inc. is a Santa Clara, California cybersecurity company founded in 2012 that sells the Netskope One platform, a cloud-native system for securing enterprise access to cloud apps, web traffic, private applications, and increasingly AI tools. Its products span secure web gateway, cloud access security broker (CASB), data loss prevention, zero-trust network access, and SASE and SSE architecture, which converge networking and security into a single cloud-delivered service. The company serves large and mid-sized enterprises worldwide and competes as a recognized leader in the security service edge category.

Netskope completed its IPO in September 2025 at $19 per share, raising roughly $908 million, and trades on Nasdaq with a market capitalization around $7.6 billion as of October 16, 2026. The investment picture is a classic high-growth software profile: annual recurring revenue and subscription revenue are growing near 30% a year and net retention is healthy, but the company is still posting sizable GAAP net losses as it invests in sales, R&D, and go-to-market. The story rests on the shift of enterprise security spending toward consolidated cloud-delivered platforms and on Netskope's ability to scale toward profitability while defending share against much larger rivals.

The most recent report, for the fiscal second quarter of 2027 (ended July 31, 2026), kept that profile intact. Revenue rose about 29% year over year to about $220.5 million, up from about $201.6 million in the prior quarter, and the net loss narrowed slightly to about $110.8 million. Per-share loss was about $0.03 against an analyst estimate of about $0.07, the fourth straight quarter that losses came in smaller than expected. Analysts now expect fiscal 2027 revenue near $890 million, above the $870 million to $876 million range management guided earlier in the year. Since the report, Netskope launched an AgentSkope Marketplace for buying and deploying AI agents (October 6, 2026) and expanded its partnership with BT International to deliver security service edge across BT's global network (October 14, 2026). The stock closed at about $18.66 on October 16, 2026, up about 10% year to date and about 40% over three months, but about 18% below its level a year earlier and well off a 52-week high near $24.98.

Netskope remains deeply unprofitable on a GAAP basis, reporting a fiscal 2026 net loss of roughly $679 million, fiscal Q1 and Q2 2027 net losses of about $116 million and $111 million, and a trailing operating margin near -39%, so continued cash burn and any slowdown in growth are the primary concerns. As a recent IPO, the stock has a limited public track record, potential lock-up-related supply, and elevated valuation sensitivity to sentiment on unprofitable software; the shares have traded between about $7.66 and $24.98 over the past 52 weeks and sit at about 9.5 times trailing sales. The balance sheet carries about $732 million of debt alongside about $1.07 billion of cash. It also competes against far larger, better-capitalized rivals such as Palo Alto Networks, Zscaler, Cisco, Fortinet, and Cloudflare, which pressures pricing and share. Stock-based compensation is substantial and dilutive, and a broader pullback in enterprise IT spending could slow new deals.

18 analysts publish price targets on NTSK, averaging $19.08 against a $19.00 price as of October 2026, or +0.4%. The published targets run from $16.00 to $28.00, a moderate spread, and the ratings split 16 buy, 2 hold, 0 sell. Over the last six months there have been 10 raises and 0 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full NTSK forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Netskope, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. SASE and SSE platform consolidation. Enterprises are collapsing separate security and networking point products into unified SASE and SSE platforms, and Netskope is positioned as one of the category leaders. The most optimistic published target, $28.00, assumes this works close to its best case.

The case against. Netskope remains deeply unprofitable on a GAAP basis, reporting a fiscal 2026 net loss of roughly $679 million, fiscal Q1 and Q2 2027 net losses of about $116 million and $111 million, and a trailing operating margin near -39%, so continued cash burn and any slowdown in growth are the primary concerns. The most pessimistic target, $16.00, is roughly what NTSK is worth if this bites instead.

Read the full bull and bear case on NTSK, including what would have to change to break either one. Walnut is not an investment adviser.

No. Netskope, Inc. (NTSK) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Netskope, Inc.'s investor relations page or your broker.

• Revenue (TTM to July 2026): ~$803M; FY2026 ~$709M
• Q2 FY2027 revenue: ~$220.5M (+29% YoY)
• Q2 FY2027 EPS vs estimate: -$0.03 vs -$0.07
• Net loss (TTM): ~$737M; Q2 FY2027 ~$111M
• Margins (TTM): gross ~70%, operating ~-39%
• Price to sales: ~9.5x
• Market capitalization: ~$7.6B at ~$18.66 (Oct 16, 2026)

Netskope trades on revenue-multiple terms rather than earnings, about 9.5 times trailing sales at the October 16, 2026 close, since it is still running large GAAP losses despite roughly 29% revenue growth. It held about $1.07 billion of cash against about $732 million of debt as of July 2026, and reported a dollar-based net retention rate near 113% earlier in the year, giving it a cushion to fund continued investment. The 18 covering analysts' mean target was about $19, close to the current price, so valuation depends heavily on growth durability and the pace at which losses narrow.

If you want NTSK exposure as part of a larger bundle rather than directly, these ETFs hold it meaningfully. Weights are approximate and refresh quarterly.

Other names that sit close to NTSK: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get NTSK exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it (BUG, IHAK, WCBR), which spreads the position across many companies. Or build it into a focused thematic portfolio, so NTSK sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where NTSK fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

NTSK offers exposure to the SASE and zero-trust security theme through a fast-growing but still-unprofitable cloud-security platform, with the investment case hinging on whether durable growth can eventually convert into positive margins; a better-than-expected July 2026 quarter helped the shares rise about 40% in three months, though they remain about 18% lower than a year ago.

Whether NTSK is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is NTSK a buy or a sell?, and where the stock could go from here in the NTSK stock forecast.

For income investors, whether NTSK pays a dividend and how the payout looks is covered in does NTSK pay a dividend? And to weigh NTSK against a peer, read the full side-by-side comparisons: NTSK vs ZS and NTSK vs NET.