William Blair analyst Jonathan Ho has maintained their bullish stance on NTSK stock, giving a Buy rating today.
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Jonathan Ho has given his Buy rating due to a combination of factors that highlight Netskope, Inc.’s strong performance and potential for future growth. The company reported impressive quarterly results, surpassing expectations across all key metrics, which indicates a robust demand for its products. Netskope’s standout offerings, such as data protection, universal ZTNA, and borderless SD-WAN, position it well to capitalize on the evolving needs in the SASE space as networking, security, cloud, and AI converge.
Furthermore, Jonathan Ho believes that Netskope is undervalued by investors despite its strong growth profile and operating leverage. The company’s strategic focus on AI-driven use-cases and continued investment in innovation and channel engagement are expected to drive long-term growth. With increasing customer interest and a clear differentiation from competitors, Netskope is poised to deliver sustained growth, making it an attractive investment opportunity.
In another report released today, KeyBanc also maintained a Buy rating on the stock with a $28.00 price target.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NTSK in relation to earlier this year.