Netskope price target lowered to $19 from $23 at Oppenheimer

Oppenheimer lowered the firm’s price target on Netskope (NTSK) to $19 from $23 and keeps an Outperform rating on the shares. The firm notes Netskope reported a strong Q4, delivering record net-new ARR with revenue and operating margin upside. While results instill confidence, initial FY27 guidance was only marginally above consensus, likely below where investors were hoping, Oppenheimer points out. This dynamic paired with the imminent share lock-up expiration tempers the near-term outlook.