Netskope Inc (NTSK)
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
$22.77+4.26%
Close 2026-11-04 · 1-day change
NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-11-04
QuarterlyIQ Insights · NTSK
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 41.0% |
| Our one-year growth estimate | diamond | 27.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 284 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 13.9 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 21 industry peers · Company calendar date is not available
NTSK — CFO transition
Dated 2026-06-03
Chief Financial Officer — Andrew Del Matto: The CFO is retiring and the company will commence a search for a successor.
Why it matters: Netskope has set 24% to 25% growth as a key goal. Revenue above its guide would beat that plan.
Supportive ifFiscal 2027 revenue tops $892 million, the high end of the latest guide.
Worry ifFiscal 2027 revenue falls below $888 million, the low end of the latest guide.
Why it matters: A smaller operating loss would show progress toward lower losses. The prior Q2 margin was -9%.
Supportive ifQ3 non-GAAP operating margin is better than -8%.
Worry ifQ3 non-GAAP operating margin is worse than -8%.
Why it matters: Management said early AI Security demand is growing. More proof would support this new product push.
Supportive ifA later company report gives a number for AI Security sales, customer wins, or adoption. It also shows growth.
Worry ifA later company report says few customers use AI Security. It may also report a delay in a product tied to these offers.
Why it matters: Management guided to $227 million to $229 million for Q3. Results below that range would break the stated growth path.
Worry ifQ3 fiscal 2027 revenue is below $227 million.
Less concerning ifQ3 revenue is at least $227 million and year-over-year growth stays near or above 25%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$273 on $10,000 · ±2.7% | How much price usually moves either way. |
| Bad day | $820 loss on $10,000 · 8.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,711 loss on $10,000 · 67.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Free cash flow margin worsened to -14% in Q2 from -12% a year earlier. A further fall would add pressure.
Worry ifQ3 free cash flow margin is below -14%.
Less concerning ifQ3 free cash flow margin improves from Q2's -14% level.