Wall Street Bullish on Netskope, Inc. (NTSK), Here’s Why

Netskope, Inc. (NASDAQ:NTSK) is one of the Best Young Tech Stocks to Buy. Wall Street is bullish on Netskope, Inc. (NASDAQ:NTSK) as the company topped expectations during its first earnings release after the IPO.

Recently, on December 18, Meta Marshall from Morgan Stanley reiterated a Buy rating on the stock with a $27 price target. Earlier on December 16, Gregg Moskowitz from Mizuho Securities also reiterated a Buy rating on the stock with a $26 price target.

The company released its fiscal third quarter 2026 results on December 11. The company grew revenue by 33% year-over-year to $184.17 million, surpassing estimates by $8.12 million. Moreover, the EPS of negative $0.10 also topped expectations by $0.15. Management noted that the growth was driven by cloud modernization and AI, which fueled strong demand for its Netskope One platform. Notably, Netskope, Inc. (NASDAQ:NTSK) grew its ARR by 34% year-over-year to $754 million as of October 31, 2025.

Analyst Meta Marshall of Morgan Stanley noted that the increase in ARR is a sign of good financial health and market share for the company. Moreover, the analyst also likes the company’s increased hiring and the performance of its sales team. She anticipates that these factors will help the company achieve a healthy growth rate of 25% to 30% each year.

Brown Advisory Mid-Cap Growth Strategy stated the following regarding Netskope, Inc. (NASDAQ:NTSK) in its third quarter 2025 investor letter:

“We participated in Netskope, Inc. (NASDAQ:NTSK) IPO. A technology leader in cloud network security, NetSkope’s novel architecture enables stronger protection and faster performance—critical as cyber threats escalate. With a large legacy replacement opportunity ahead, we see durable growth over the next three to five years. Its advanced data inspection capabilities also position it well as enterprises adopt generative AI technologies.”

Netskope, Inc. is a cybersecurity company specializing in cloud, data, and network security solutions for enterprises.

While we acknowledge the potential of NTSK to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NTSK and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.