Top Picks for 2026: BTIG's leading large-cap security software pick is Zscaler, while Netskope is favored among small-and-mid-cap stocks, alongside other names like Snowflake and Datadog.
2025 Performance Review: Despite stable revenue growth, the security and infrastructure software sector underperformed major indices in 2025, with a median return of -0.8% compared to a 22% gain in the Nasdaq.
2026 Growth Outlook: Analysts expect cybersecurity growth to stabilize at around 16% in 2026, with a focus on cloud security and identity solutions, while organizations are likely to continue using existing vendor solutions for AI security.
Observability and Vendor Consolidation: The observability market is expected to benefit from vendor consolidation, with companies like Datadog and Dynatrace positioned well, while Palo Alto's acquisition of Chronosphere could disrupt the market dynamics.
Wall Street analysts forecast NTSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NTSK is 26.93 USD with a low forecast of 25.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
Wall Street analysts forecast NTSK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NTSK is 26.93 USD with a low forecast of 25.00 USD and a high forecast of 30.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Buy
0 Hold
0 Sell
Strong Buy
Current: 16.400
Low
25.00
Averages
26.93
High
30.00
Current: 16.400
Low
25.00
Averages
26.93
High
30.00
Mizuho
NULL -> Outperform
maintain
$25 -> $26
Al Analysis
2025-12-12
Reason
Mizuho
Price Target
$25 -> $26
Al Analysis
2025-12-12
maintain
NULL -> Outperform
Reason
Mizuho raised the firm's price target on Netskope to $26 from $25 and keeps an Outperform rating on the shares.
Deutsche Bank
Brad Zelnick
Buy
maintain
$25 -> $26
2025-12-12
Reason
Deutsche Bank
Brad Zelnick
Price Target
$25 -> $26
2025-12-12
maintain
Buy
Reason
Deutsche Bank analyst Brad Zelnick raised the firm's price target on Netskope to $26 from $25 and keeps a Buy rating on the shares following the fiscal Q3 report.
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KeyBanc
Eric Heath
Overweight
maintain
$27 -> $28
2025-12-12
Reason
KeyBanc
Eric Heath
Price Target
$27 -> $28
2025-12-12
maintain
Overweight
Reason
KeyBanc analyst Eric Heath raised the firm's price target on Netskope to $28 from $27 and keeps an Overweight rating on the shares. The firm notes the company reported solid Q3 results as ARR accelerated 1pt to 34% year-over-year, NNARR again grew over 45% year-over-year, and margins beat. Q4 revenues guided solidly above. Netskope is seeing strong momentum as the SASE market is healthy, sales capacity is accelerating, and productivity rates improving. KeyBanc remains positive on Netskope's differentiation with the NewEdge network, granular data security capabilities, and single platform vs. peers, along with the secular shift to cloud-delivered network security and rising importance of data security due to AI.
Baird
Outperform
initiated
$27
2025-10-27
Reason
Baird
Price Target
$27
2025-10-27
initiated
Outperform
Reason
Baird initiated coverage of Netskope with an Outperform rating and $27 price target. The company's cloud-native architecture and expanded NewEdge infrastructure footprint make it a share gainer against legacy network vendors as consolidation intensifies around data, the analyst tells investors in a research note. The firm sees accelerating demand tailwinds for Netskope.
About NTSK
Netskope, Inc. is a cybersecurity company that provides security, networking, and analytics solutions to organizations ranging from macro to mid-sized companies. The Company delivers its offerings through a software-as-a-service business model, selling subscriptions that provide customers with access to its platform along with related support services. Its Netskope One platform is a comprehensive solution that integrates security, networking, and analytics products into a single, unified platform. Its products include Security Products, Network Products, and Analytics Products. Security products include Cloud Inline Security, Cloud Access Security Broker, Threat Protection, Next-Gen Secure Web Gateway, Private Access, Enterprise Browser, and others. Networking products include Firewall-as-a-Service, Software-Defined Wide Area Network, Cloud Packet Stream, and others. Analytics products include Advanced Analytics, User and Entity Behavior Analytics, and Digital Experience Management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
