Netskope (NTSK) shares climbed approximately 32% over the last 30 days. This rally followed a strong fiscal second-quarter 2027 earnings report released in early September.
Revenue grew 29% year-over-year to $220.5 million, surpassing analyst expectations. The company also reported a narrower-than-expected non-GAAP net loss.
At least eight financial firms raised their price targets following the announcement. Stephens initiated coverage with an Overweight rating. Strong demand for AI security products and broader cybersecurity sector momentum contributed to the gains.