Netskope Shares Slide After Outlook Comes In Mixed

Dow Jones03-12
 

By Nicholas G. Miller

 

Shares of Netskope slid after the company provided mixed guidance compared with expectations.

The stock fell 15% to $10.30 in off-hours trading. It was down 31% this year through Wednesday's close.

The company's fourth-quarter results largely beat expectations, but KeyBanc analysts Eric Heath and Ritu Kashyap said in a note that some metrics in the company's outlook disappointed.

The analysts said that the company's fiscal 2027 earnings before interest and taxes margin guidance missed consensus expectations, with Netskope management noting that it is investing in sales capacity and AI tools for the research and development team.

The analysts lowered their price target to $15 from $17.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

March 12, 2026 06:33 ET (10:33 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment