Netskope Future Growth
Future criteria checks 2/6
Netskope is forecast to grow earnings and revenue by 31.7% and 19.2% per annum respectively. EPS is expected to grow by 40.5% per annum. Return on equity is forecast to be 44% in 3 years.
Key information
31.7%
Earnings growth rate
40.54%
EPS growth rate
| Software earnings growth | 20.7% |
| Revenue growth rate | 19.2% |
| Future return on equity | 44.04% |
| Analyst coverage | Good |
| Last updated | 15 Sep 2026 |
Recent future growth updates
Recent updates
NTSK: Fair Value Hinges On SASE Adoption And Early AI Security Traction
Netskope's fair value estimate has moved from $17.64 to $18.86 as analysts factor in a series of higher price targets following stronger than expected Q2 results, raised long term outlooks, and growing interest in the company's SASE and AI security offerings, even as some highlight valuation and execution risks after the recent rally. Analyst Commentary Recent research around Netskope shows a clear split between bullish analysts who focus on growth in SASE and AI security, and more cautious voices who are focused on valuation and execution.Netskope: Cyber Play At A Large Discount
Summary Netskope, Inc. is rated a high-risk Buy due to discounted valuation and strong agentic AI positioning despite execution risks. Q2 revenue grew 29% YoY to $220.5M, with ARR up 27% and backlog rising 36%, but growth is decelerating and margins remain negative. Operating margin improved to -9% (non-GAAP), but GAAP losses widened; stock-based compensation and dilution are material concerns. NTSK trades at 6x FWD EV/Sales, significantly below peers like CrowdStrike and Palo Alto Networks, offering potential upside if execution improves. Read the full article on Seeking AlphaNTSK: Rising Security Demand And AI Data Protection Should Support Further Upside
The updated analyst price target for Netskope moves to about $17.64 from roughly $16.61. This reflects analyst views that recent sector checks, partner channel feedback, and security demand trends support slightly stronger revenue growth, margins, and future P/E assumptions than previously modeled.NTSK: AI Security Demand And New Platforms Will Test Rally Sustainability
The analyst price target on Netskope has been raised modestly in this update to $16.61 from $16.11. This reflects higher Street targets clustered in the $16 to $19 range and survey work that points to steady security demand, while still allowing for concerns from some analysts who now see the stock as more of a "show me" story after its sharp rally.NTSK: AI Security Momentum And Insider Buying Will Support Sentiment Recovery
The analyst price target for Netskope has shifted toward $16. Recent Street research points to mixed annual recurring revenue trends, management changes, and evolving AI driven IT budget priorities as key factors behind the updated fair value assumptions and the lower projected revenue growth, profit margin, and future P/E inputs.
NTSK: AI Security Momentum And Execution Risks Will Shape Next Phase
The analyst price target for Netskope has been modestly reduced, with the updated fair value estimate moving from about $13.47 to $13.00 as analysts temper revenue growth expectations while acknowledging improving profit margins and a slightly lower discount rate. Analyst Commentary Recent research coverage on Netskope shows a mix of confidence in the company’s product positioning and caution around execution, growth consistency, and leadership changes.
NTSK: AI Security Momentum Will Support Rebound In Depressed Share Price
The analyst price target for Netskope is revised lower from $30.00 to $23.12 as analysts factor in reduced revenue growth assumptions, a slightly higher discount rate, and a more conservative future P/E, partly offset by a modestly stronger profit margin outlook. Analyst Commentary Recent research on Netskope reflects a mixed but generally constructive backdrop, with many bullish analysts trimming price targets while still pointing to solid execution in key areas such as new logo growth, AI security products, and free cash flow potential.Cloud Security Consolidation Risks Will Challenge AI Demand But Eventually Support Stronger Fundamentals
Catalysts About Netskope Netskope provides a unified cloud security, networking and analytics platform that sits between users and the internet to control and protect enterprise data and applications, including AI tools. What are the underlying business or industry changes driving this perspective?Cloud And AI Security Consolidation Will Create A Powerful Long Term Winner
Catalysts About Netskope Netskope provides a unified cloud based security, networking and analytics platform that sits between users and the internet to control and protect data, apps and AI usage. What are the underlying business or industry changes driving this perspective?Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 1/31/2029 | 1,299 | -316 | 161 | 217 | 9 |
| 1/31/2028 | 1,079 | -357 | 71 | 119 | 19 |
| 1/31/2027 | 890 | -422 | 18 | 60 | 18 |
| 7/31/2026 | 803 | -737 | -75 | -41 | N/A |
| 4/30/2026 | 753 | -717 | -65 | -41 | N/A |
| 1/31/2026 | 709 | -679 | 12 | 38 | N/A |
| 10/31/2025 | 661 | -700 | 12 | 26 | N/A |
| 7/31/2025 | 616 | -317 | -27 | 4 | N/A |
| 4/30/2025 | 575 | -339 | -67 | -35 | N/A |
| 1/31/2025 | 538 | -355 | -151 | -111 | N/A |
| 1/31/2024 | 407 | -345 | -208 | -167 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NTSK is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NTSK is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NTSK is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NTSK's revenue (19.2% per year) is forecast to grow faster than the US market (13.6% per year).
High Growth Revenue: NTSK's revenue (19.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NTSK's Return on Equity is forecast to be very high in 3 years time (44%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 17:24 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/07/31 |
| Annual Earnings | 2026/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Netskope, Inc. is covered by 23 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shrenik Kothari | Baird |
| Keith Bachman | BMO Capital Markets Equity Research |
| Gray Powell | BTIG |