Expectations trend
FY2028 · fiscal year ending 2028-01-31 · fmp
Netskope Inc (NTSK)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
$21.67-4.83%
Close 2026-11-05 · 1-day change
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
0.04 → 0.04 EPS · FY ending Jan 31, 2028 · 6 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 6 to 6; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for NTSK yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Improve gross profit margins via operational efficiencies | It improves gross profit from $106.6M to $148.3M in recent quarters. | Improving | Gross profit falls below $130M next quarter | Gross profit: $163.018M FY2027-Q2; GAAP. Published target: Gross profit >= $148M next quarter. Target period is not explicitly aligned with this observation. Sep 2, 2026163,018,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2028 · fiscal year ending 2028-01-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Next earnings date unavailable
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
This is a high-growth technology business with elevated risk, rather than a proven profitable compounder. The long-term thesis is on watch: management is delivering growth and margin progress, while financial performance remains below its industry cohort.
NTSK is valued at a premium to peers, and the evidence tags its valuation as stretched. The model points to an expectations gap tied to future potential, but confidence in that estimate is low, so the degree of optimism already priced in is uncertain.
Near term, management’s fiscal 2027 revenue growth goal appears on track, with Q2 revenue up 29% year over year, and gross margins have improved. Losses are narrowing, though the progress is mixed, and the company remains loss-making; a guidance cut would be a meaningful risk despite the current low estimated miss probability.
The multi-year view depends on continued revenue growth, better margins, and further reduction in losses. Near term, a guidance cut could weaken the thesis, while lower interest rates or stabilization among major technology peers could support the sector backdrop.
Over the next 1 to 3 years, NTSK offers a growth-led thesis with signs of execution progress, but profitability is unproven and the valuation is stretched versus peers. The central test is whether growth and margin gains continue without a guidance setback. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of 2 supplied quarters. Management reported: “• Gross Profit and Margin: GAAP gross profit was $163.0 million, compared to $123.2 million for the second quarter of fiscal 2026, and GAAP gross margin was 74%, compared to 72% for the second quarter of fiscal 2026.” “• Gross Profit and Margin: GAAP gross profit was $148.3 million for the first quarter of fiscal 2027, compared to $109.5 million for the first quarter of fiscal 2026, and GAAP gross margin was 74%, compared to 69% for the first quarter of fiscal 2026.” Gross profit was $106.643 million in 2026-Q3.
Reduce losses toward break-even EPS | A primary condition in Netskope Inc's published investment case. The stated target is EPS >= -$0.18 per share. | Improving | EPS worsens below -$0.25 per share in FY27 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Achieve ~24% revenue growth in fiscal 2027 | A primary condition in Netskope Inc's published investment case. The stated target is 24% to 25% YoY revenue growth. | Intact | YoY revenue growth falls below 20% in FY27 | Revenue growth: 0% FY2027-Q2; GAAP. Published target: 24% to 25% YoY revenue growth. Annual target cannot be compared with a quarterly or TTM observation. Sep 2, 20260 percent · calculatedLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$0.02 → $0.04 · observed estimates
$1.07B → $1.08B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-07-25 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-07-26 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-07-27 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-07-28 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-07-29 | $-0.89 | $1,071,280,750 | 6 / 19 |
| 2026-07-30 | $-0.89 | $1,071,280,750 | 6 / 19 |
| 2026-07-31 | $-0.89 | $1,071,280,750 | 6 / 19 |
| 2026-08-01 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-02 | $-0.89 | $1,071,280,750 | 6 / 19 |
| 2026-08-03 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-04 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-05 | $-0.89 | $1,071,280,750 | 6 / 19 |
| 2026-08-06 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-07 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-08 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-09 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-10 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-12 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-13 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-14 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-15 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-16 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-17 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-18 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-19 | $0.02 | $1,071,067,562 | 6 / 15 |
| 2026-08-20 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-21 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-22 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-23 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-24 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-25 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-26 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-27 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-28 | $0.02 | $1,070,763,911 | 6 / 15 |
| 2026-08-29 | $0.02 | $1,070,778,299 | 6 / 15 |
| 2026-08-30 | $0.02 | $1,070,778,299 | 6 / 15 |
| 2026-08-31 | $0.02 | $1,070,778,299 | 6 / 15 |
| 2026-09-01 | $0.02 | $1,071,073,505 | 6 / 15 |
| 2026-09-02 | $0.02 | $1,071,073,505 | 6 / 15 |
| 2026-09-03 | $0.04 | $1,078,835,706 | 6 / 15 |
| 2026-09-04 | $0.04 | $1,081,330,453 | 5 / 15 |
| 2026-09-05 | $0.04 | $1,081,329,000 | 5 / 15 |
| 2026-09-06 | $0.04 | $1,081,329,000 | 5 / 15 |
| 2026-09-07 | $0.04 | $1,081,329,000 | 5 / 15 |
| 2026-09-08 | $0.04 | $1,081,329,000 | 5 / 15 |
| 2026-09-09 | $0.04 | $1,081,329,000 | 5 / 15 |
| 2026-09-10 | $0.04 | $1,081,329,000 | 5 / 14 |
| 2026-09-11 | $0.04 | $1,081,329,000 | 5 / 14 |
| 2026-09-12 | $0.04 | $1,081,329,000 | 5 / 14 |
| 2026-09-13 | $0.04 | $1,081,329,000 | 5 / 14 |
| 2026-09-14 | $0.04 | $1,081,329,000 | 5 / 14 |
| 2026-09-15 | $0.04 | $1,081,332,944 | 5 / 14 |
| 2026-09-16 | $0.04 | $1,081,332,944 | 5 / 14 |
| 2026-09-17 | $0.04 | $1,081,332,944 | 5 / 14 |
| 2026-09-18 | $0.04 | $1,081,332,944 | 5 / 14 |
| 2026-09-19 | $0.04 | $1,081,332,944 | 5 / 14 |
| 2026-09-20 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-21 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-22 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-23 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-24 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-25 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-26 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-27 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-28 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-29 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-09-30 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-01 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-02 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-03 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-04 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-05 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-06 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-07 | $0.04 | $1,081,332,944 | 6 / 14 |
| 2026-10-08 | $0.04 | $1,081,332,905 | 6 / 14 |
| 2026-10-09 | $0.04 | $1,081,332,905 | 6 / 14 |
| 2026-10-10 | $0.04 | $1,081,332,905 | 6 / 14 |
| 2026-10-11 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-12 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-13 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-14 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-15 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-16 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-17 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-18 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-19 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-20 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-21 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-22 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-23 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-24 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-25 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-26 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-27 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-28 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-29 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-30 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-10-31 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-11-01 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-11-02 | $0.04 | $1,081,357,489 | 6 / 14 |
| 2026-11-03 | $0.04 | $1,081,358,579 | 6 / 14 |
| 2026-11-04 | $0.04 | $1,081,358,579 | 6 / 14 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 16 Buy / Strong Buy · 2 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 3 recorded
1 raises · 0 cuts · 0 unchanged · 0 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.