Netskope initiated with an Outperform at Oppenheimer

Oppenheimer analyst Ittai Kidron initiated coverage of Netskope (NTSK) with an Outperform rating and $28 price target The firm’s Our bullish view on the company reflects Netskope’s positive exposure to highgrowth cybersecurity end-markets; its differentiated network and software infrastructure technology stack; significant upsell/cross-sell opportunities across a growing product portfolio; and aggressive salesforce expansion and evolving GTM efforts. Oppenheimer expects these factors to support above-market growth, and, based on its proprietary scenario analysis, sees potential for 5%-10%+ upside to its initial FY27/28 ARR estimates.