Netskope Price Targets Slashed by Mizuho, KeyBanc and RBC With Data Lineage Preview
Mizuho cut its price target on Netskope to $20 from $26 and maintained an Outperform rating, citing multiple compressions and weak software sentiment. KeyBanc lowered its target to $17 and RBC Capital to $19 while Netskope previews its One Data Lineage feature ahead of H1 general availability.
1. Analyst Price Target Reductions
On February 17, Mizuho lowered its price target on Netskope to $20 from $26 and maintained an Outperform rating. The same day, KeyBanc cut its target to $17 and kept an Overweight rating, and on February 11, RBC Capital reduced its target to $19 while maintaining an Outperform stance.
2. Market Sentiment Drivers
Analysts cited significant multiple compression across the enterprise software sector and pervasive AI disruption fears denting software sentiment. KeyBanc pointed to lower peer valuation multiples, while RBC Capital highlighted preference for names with clearer AI monetization and consolidation paths.
3. Netskope One Data Lineage Preview
On February 3, Netskope introduced its One Data Lineage solution in preview, designed to track data provenance and support AI initiatives and compliance. The feature is slated for general availability in the first half of 2026.