Netskope to Announce Q1 Earnings on June 3rd
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: seekingalpha
- Earnings Announcement Schedule: Netskope, Inc. is set to release its Q1 earnings on June 3rd after market close, with consensus EPS estimate at -$0.07 and revenue estimate at $198.2 million, indicating a cautious market outlook on the company's financial performance.
- EPS Expectation Fluctuations: Over the past three months, EPS estimates for Netskope have seen 2 upward revisions and 8 downward revisions, reflecting analysts' uncertainty regarding the company's profitability, which may impact investor confidence.
- Revenue Estimate Adjustments: In contrast to EPS, revenue estimates have shown a more positive trend with 7 upward revisions and 3 downward revisions in the last three months, suggesting a more optimistic market view on Netskope's revenue growth potential, likely attracting more investor interest.
- Market Environment Analysis: Ahead of the earnings release, KeyBanc highlights potential upside for Netskope and other cybersecurity firms, reflecting ongoing market interest and investment enthusiasm in the cybersecurity sector.
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Analyst Views on NTSK
Wall Street analysts forecast NTSK stock price to rise
11 Analyst Rating
11 Buy
0 Hold
0 Sell
Strong Buy
Current: 12.860
Low
23.00
Averages
26.40
High
30.00
Current: 12.860
Low
23.00
Averages
26.40
High
30.00
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.
Netskope to Announce Q1 Earnings on June 3rd
- Earnings Announcement Schedule: Netskope, Inc. is set to release its Q1 earnings on June 3rd after market close, with consensus EPS estimate at -$0.07 and revenue estimate at $198.2 million, indicating a cautious market outlook on the company's financial performance.
- EPS Expectation Fluctuations: Over the past three months, EPS estimates for Netskope have seen 2 upward revisions and 8 downward revisions, reflecting analysts' uncertainty regarding the company's profitability, which may impact investor confidence.
- Revenue Estimate Adjustments: In contrast to EPS, revenue estimates have shown a more positive trend with 7 upward revisions and 3 downward revisions in the last three months, suggesting a more optimistic market view on Netskope's revenue growth potential, likely attracting more investor interest.
- Market Environment Analysis: Ahead of the earnings release, KeyBanc highlights potential upside for Netskope and other cybersecurity firms, reflecting ongoing market interest and investment enthusiasm in the cybersecurity sector.
See More
Netskope Joins Project Glasswing Cybersecurity Initiative
- Cybersecurity Collaboration: Netskope's participation in Project Glasswing leverages Anthropic's Claude Mythos Preview AI model to identify software vulnerabilities at unprecedented speed and scale, showcasing the company's innovative capabilities in cybersecurity.
- AI Application Surge: According to Netskope, the average enterprise increased its number of AI applications fivefold over the past year, with a tripling of the AI user base, reflecting the growing reliance on AI technology and rapid market demand.
- Research Sharing: Through its collaboration with the Glasswing coalition, Netskope will share its vulnerability research findings, promoting knowledge sharing within the cybersecurity community and enhancing overall industry security capabilities.
- Positive Market Reaction: NTSK shares rose 3% in after-hours trading, indicating investor optimism regarding Netskope's prospects in the cybersecurity sector, which may drive future growth and market share expansion.
See More
Global X Cybersecurity ETF Underperforms
- ETF Decline: The Global X Cybersecurity ETF is down approximately 5% in Wednesday afternoon trading, indicating overall weakness in the sector that may affect investor confidence and lead to capital outflows.
- Stock Underperformance: Within the ETF, Zscaler shares fell about 31.2%, raising concerns about its future growth prospects, which could impact its financing capabilities and market position.
- Competitive Pressure: Netskope shares dropped approximately 8.9%, reflecting intensified competition in the cybersecurity industry that may lead to declining profit margins and further loss of market share.
- Market Sentiment Impact: The poor performance of the ETF may prompt investors to reassess the cybersecurity sector, potentially affecting stock prices and future investment decisions for related companies.
See More
Netskope Integrates with Claude Compliance API for Enhanced AI Security
- Integration Innovation: Netskope's announcement of integration with the Claude Compliance API allows organizations to connect Claude Enterprise directly to the enhanced AI security features of the Netskope One platform, achieving comprehensive asset, identity, and activity visibility while enhancing data protection capabilities.
- Accelerated AI Adoption: According to the Netskope AI Index, Anthropic's Claude adoption surged from 56.2% to 94.9% between April 2025 and April 2026, reflecting the urgent demand for AI applications in enterprises, and Netskope's integration will assist customers in rapidly adapting to this trend.
- Real-Time Monitoring Capability: The Claude Compliance API enables organizations to gain programmatic access to Claude activity data in real-time, automatically flagging potential issues and managing data retention, thereby enhancing compliance and security while reducing manual review workloads.
- Comprehensive Governance and Protection: Netskope's integration allows security teams to conduct thorough audits of the Claude environment, applying existing data loss prevention policies to ensure that every file uploaded or generated within Claude is inspected by threat protection engines, thus strengthening the overall security posture.
See More
Sapphire Ventures Acquires Significant Stake in Netskope
- New Investment Position: Sapphire Ventures initiated a new position in Netskope during Q1 2026 by acquiring 5,672,579 shares valued at $70.40 million, indicating strong confidence in the cybersecurity sector.
- Significant Holding Proportion: Following this transaction, Netskope represented 48.43% of Sapphire Ventures' reportable assets in its 13F filing, becoming its largest holding and reflecting a focus on the company's growth potential.
- Strong Financial Performance: Netskope reported a revenue of $709 million for the fiscal year ending January 31, 2026, marking a 32% year-over-year increase, with gross profit margins rising from 65% to 68%, showcasing robust business growth.
- Increased Price Attractiveness: Despite Netskope's stock hitting a 52-week low of $7.67 in Q1, its price-to-sales ratio has dropped to 3.5 from 14.7 at IPO, indicating that now is an opportune time for investment in the company.
See More
New York Life Sells Netskope Shares Amid Market Volatility
- Share Sale Details: New York Life Insurance Co sold 338,958 shares of Netskope in Q1 2026, valued at approximately $4.21 million, indicating a potential decline in confidence in the company's future prospects.
- Asset Allocation Shift: This sale reduced Netskope's weight in New York Life's portfolio to 1.79% of its $490.55 million assets under management, reflecting a risk-reduction strategy amid market uncertainties.
- Market Performance Analysis: Since its September IPO, Netskope's shares have plummeted about 52%, and while the latest quarter showed a 32% year-over-year revenue increase to $196.3 million, the outlook for future growth has notably slowed.
- Financial Overview: Netskope reported a total revenue of $709 million with a net loss of $679.39 million; despite achieving positive free cash flow for the first time, the forecasted revenue growth of only 23% for fiscal 2027 raises concerns among investors.
See More
Netskope to Announce Q1 Earnings on June 3rd
- Earnings Announcement Schedule: Netskope, Inc. is set to release its Q1 earnings on June 3rd after market close, with consensus EPS estimate at -$0.07 and revenue estimate at $198.2 million, indicating a cautious market outlook on the company's financial performance.
- EPS Expectation Fluctuations: Over the past three months, EPS estimates for Netskope have seen 2 upward revisions and 8 downward revisions, reflecting analysts' uncertainty regarding the company's profitability, which may impact investor confidence.
- Revenue Estimate Adjustments: In contrast to EPS, revenue estimates have shown a more positive trend with 7 upward revisions and 3 downward revisions in the last three months, suggesting a more optimistic market view on Netskope's revenue growth potential, likely attracting more investor interest.
- Market Environment Analysis: Ahead of the earnings release, KeyBanc highlights potential upside for Netskope and other cybersecurity firms, reflecting ongoing market interest and investment enthusiasm in the cybersecurity sector.
See More
Netskope Joins Project Glasswing Cybersecurity Initiative
- Cybersecurity Collaboration: Netskope's participation in Project Glasswing leverages Anthropic's Claude Mythos Preview AI model to identify software vulnerabilities at unprecedented speed and scale, showcasing the company's innovative capabilities in cybersecurity.
- AI Application Surge: According to Netskope, the average enterprise increased its number of AI applications fivefold over the past year, with a tripling of the AI user base, reflecting the growing reliance on AI technology and rapid market demand.
- Research Sharing: Through its collaboration with the Glasswing coalition, Netskope will share its vulnerability research findings, promoting knowledge sharing within the cybersecurity community and enhancing overall industry security capabilities.
- Positive Market Reaction: NTSK shares rose 3% in after-hours trading, indicating investor optimism regarding Netskope's prospects in the cybersecurity sector, which may drive future growth and market share expansion.
See More
Global X Cybersecurity ETF Underperforms
- ETF Decline: The Global X Cybersecurity ETF is down approximately 5% in Wednesday afternoon trading, indicating overall weakness in the sector that may affect investor confidence and lead to capital outflows.
- Stock Underperformance: Within the ETF, Zscaler shares fell about 31.2%, raising concerns about its future growth prospects, which could impact its financing capabilities and market position.
- Competitive Pressure: Netskope shares dropped approximately 8.9%, reflecting intensified competition in the cybersecurity industry that may lead to declining profit margins and further loss of market share.
- Market Sentiment Impact: The poor performance of the ETF may prompt investors to reassess the cybersecurity sector, potentially affecting stock prices and future investment decisions for related companies.
See More
Netskope Integrates with Claude Compliance API for Enhanced AI Security
- Integration Innovation: Netskope's announcement of integration with the Claude Compliance API allows organizations to connect Claude Enterprise directly to the enhanced AI security features of the Netskope One platform, achieving comprehensive asset, identity, and activity visibility while enhancing data protection capabilities.
- Accelerated AI Adoption: According to the Netskope AI Index, Anthropic's Claude adoption surged from 56.2% to 94.9% between April 2025 and April 2026, reflecting the urgent demand for AI applications in enterprises, and Netskope's integration will assist customers in rapidly adapting to this trend.
- Real-Time Monitoring Capability: The Claude Compliance API enables organizations to gain programmatic access to Claude activity data in real-time, automatically flagging potential issues and managing data retention, thereby enhancing compliance and security while reducing manual review workloads.
- Comprehensive Governance and Protection: Netskope's integration allows security teams to conduct thorough audits of the Claude environment, applying existing data loss prevention policies to ensure that every file uploaded or generated within Claude is inspected by threat protection engines, thus strengthening the overall security posture.
See More
Sapphire Ventures Acquires Significant Stake in Netskope
- New Investment Position: Sapphire Ventures initiated a new position in Netskope during Q1 2026 by acquiring 5,672,579 shares valued at $70.40 million, indicating strong confidence in the cybersecurity sector.
- Significant Holding Proportion: Following this transaction, Netskope represented 48.43% of Sapphire Ventures' reportable assets in its 13F filing, becoming its largest holding and reflecting a focus on the company's growth potential.
- Strong Financial Performance: Netskope reported a revenue of $709 million for the fiscal year ending January 31, 2026, marking a 32% year-over-year increase, with gross profit margins rising from 65% to 68%, showcasing robust business growth.
- Increased Price Attractiveness: Despite Netskope's stock hitting a 52-week low of $7.67 in Q1, its price-to-sales ratio has dropped to 3.5 from 14.7 at IPO, indicating that now is an opportune time for investment in the company.
See More
New York Life Sells Netskope Shares Amid Market Volatility
- Share Sale Details: New York Life Insurance Co sold 338,958 shares of Netskope in Q1 2026, valued at approximately $4.21 million, indicating a potential decline in confidence in the company's future prospects.
- Asset Allocation Shift: This sale reduced Netskope's weight in New York Life's portfolio to 1.79% of its $490.55 million assets under management, reflecting a risk-reduction strategy amid market uncertainties.
- Market Performance Analysis: Since its September IPO, Netskope's shares have plummeted about 52%, and while the latest quarter showed a 32% year-over-year revenue increase to $196.3 million, the outlook for future growth has notably slowed.
- Financial Overview: Netskope reported a total revenue of $709 million with a net loss of $679.39 million; despite achieving positive free cash flow for the first time, the forecasted revenue growth of only 23% for fiscal 2027 raises concerns among investors.
See More
