Cybersecurity firm Netskope gains as IPO quiet period ends

Netskope

13/10/2025 11:03

** Shares of cybersecurity firm Netskope NTSK.O rise nearly 1.20% to $22.01 in premarket after brokerages start covering the stock post-quiet period

** J.P. Morgan initiates coverage with an "overweight" rating and PT $26

** Brokerage says rising cloud and AI adoption is boosting already strong security demand, with co well-positioned to benefit in key areas like network, data and AI security

     ** Piper Sandler starts coverage with an "overweight" rating and PT $28; sees co as the fastest-growing organic cyber firm, driven by strong tech, rising margins and a revamped go-to-market strategy aligned with key industry trends

** Morgan Stanley and J.P. Morgan are the lead underwriters for the offering

** Its stock closed the previous session at $21.75, vs the IPO price of between $17 and $19 apiece

**  The following brokerages started coverage on co

Brokerage
Rating
PT
J.P.Morgan
Overweight
$26
Piper Sandler
Overweight
$28
RBC Capital Markets
Outerform
$26
Deutsche Bank
Buy
$25

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))