Netskope NTSK
United StatesTechnology · Software - InfrastructureUSD
19.08 USD (−0.8%)
18 analysts
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Netskope is a cloud security software company that provides data protection, threat prevention, and secure access platforms for cloud applications to enterprises.
Key points
from its scores- ✓Strong growth9.1
- ✕Little or no dividend0.5
- ✕Poor share-price trend0.9
- ✕Demanding valuation2.5
AI analysis
bottom line, main risk, context and newsGrowth and balance sheet are attractive, but the extreme valuation and operating losses make the downside risk high.
Netskope is growing strongly (revenue +29.2%) and has a healthy balance sheet (Net Debt/EBITDA of 0.46), but its valuation is extreme (forward P/E of 693, P/S of 9.79) and it is burning cash with an operating margin of -39.13%, requiring flawless execution to justify the price.
The extreme valuation (forward P/E of 693) combined with a deeply negative operating margin (-39.13%) leaves little room for error: any slowdown in growth or increase in competition could trigger a severe correction.
Context and risks
Netskope has no material exposure to current macro factors: its cloud security software business does not depend on commodities, interest rates, or shipping routes.
Is Netskope stock cheap or expensive?
at the analysis dateOn Price / sales, it trades 86% above the Technology median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| Price / book | 50.1 | 6.3 | +696% |
| Price / sales | 9.8 | 5.3 | +86% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 2.5 out of 10 (median for Technology: 5.3).
Average analyst target: 19.08 USD, −0.8% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 4.0 (sector 6.4), Growth 9.1 (sector 7.5).
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- Forward P/E
- 693.1
- EV / EBITDA
- −10.7
- Price / book
- 50.1
- Price / sales
- 9.8
- Market cap
- 7.9B USD
- Enterprise value
- 7.7B USD
Profitability
- ROA
- −37.2%
- ROIC (approx.)
- −35.3%
- Gross margin
- 69.9%
- Operating margin
- −39.1%
- Net margin
- −91.8%
- Free cash flow
- 284.9M USD
- FCF yield
- 3.6%
Solvency
- Total debt
- 732.2M USD
- Net debt
- −335.1M USD
- Cash
- 1.1B USD
- EBITDA
- −720.7M USD
- Net debt / EBITDA
- 0.46
- Debt / equity
- 467.03
- Current ratio
- 2.01
- Quick ratio
- 1.82
Growth
- Revenue growth
- +29.2%
- EPS (TTM)
- −1.52 USD
- EPS (forward)
- 0.03 USD
Dividend
- Dividend yield
- 0.0%
Risk and market
- Analyst consensus
- Strong buy (18)
- Target price
- 19.08 USD
- 52-week range
- 7.67 – 24.98
Recent news
All NTSK news →Compare it with its sector
All 283 in Technology →Frequently asked questions about Netskope
Is Netskope stock cheap or expensive?
On Price / sales, it trades 86% above the Technology median. Valuation score: 2.5 out of 10 (median for Technology: 5.3). Average analyst target: 19.08 USD, −0.8% versus the price. This is not investment advice.
What score does Netskope get on MeridIAn Screener?
It scores 4.5 out of 10, rank 1,880 of 2,130 (better than 11% of the companies analysed). Its strongest category is Growth (9.1) and its weakest, Dividend (0.5). Analysis of 08/10/2026.
How much is Netskope worth on the stock market?
Its market capitalisation is 7.9B USD and its enterprise value, debt included, is 7.7B USD.
How much debt does Netskope have?
It has more cash than debt: net cash of 335.1M USD.
Does Netskope pay a dividend?
It pays no dividend, or almost none.
How has Netskope stock performed over the last year?
It has fallen 11.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 7.67 and 24.98 USD. Past performance does not guarantee future results.
What do analysts think of Netskope?
18 analysts cover it; their average recommendation is “Strong buy” and their average target is 19.08 USD (−0.8% versus the price). It is an estimate, not market data.