---
title: "Netskope Earns Buy Rating as Strong ARR Beat, Raised 2027 Guidance, and $18 Price Target Reflect Confidence in AI-Driven Growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297900630.md"
description: "BTIG analyst Gray Powell reiterated a Buy rating on Netskope, raising the price target to $18 from $17. This decision reflects confidence in the company's AI-driven growth, citing strong ARR beats, positive net new ARR growth, and raised 2027 revenue guidance. Key drivers include improving cash flow margins, a growing pipeline, and early traction in AI security offerings."
datetime: "2026-09-03T10:46:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297900630.md)
  - [en](https://longbridge.com/en/news/297900630.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297900630.md)
generator: "portal-rs"
---

# Netskope Earns Buy Rating as Strong ARR Beat, Raised 2027 Guidance, and $18 Price Target Reflect Confidence in AI-Driven Growth

Analyst Gray Powell from BTIG reiterated a Buy rating on Netskope, Inc. and increased the price target to $18.00 from $17.00.

Gray Powell has given his Buy rating due to a combination of factors tied to Netskope’s stronger-than-expected operating performance and improved outlook. The company delivered a meaningful beat on annual recurring revenue, saw net new ARR return to positive growth, and reported faster CRPO bookings and better net retention, all signaling healthier demand trends and execution.

Powell also highlights management’s decision to lift full-year 2027 revenue guidance and his own upward revision of the price target to $18, supported by confidence in mid‑20s growth and improving cash flow margins. In addition, he views the growing pipeline and early traction of Netskope’s AI security offerings, along with targeted reinvestment in AI infrastructure, as key drivers that can sustain momentum and justify the Buy rating.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**