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tz-plus logo Netskope: Record Numbers and Forecast Upgrades Fuel Accumulation!

M. Springman
Reading Time: 2 minutes

Netskope surpasses consensus estimates significantly in the past quarter with revenues of $220.5 million and a loss of -$0.03 per share. The raising of the 2027 annual forecast to up to $892.0 million in revenue underlines the intact momentum in the cloud security market. A massive volume surge accompanies the breakout: Analyst Todd Weller from Stephens & Co. initiates coverage with Overweight and a price target of $21. The US cybersecurity company Netskope has established itself as a leading specialist in the promising market for cloud...

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