Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
NetScout Systems Inc Market Cap
From what 8 stock analysts predict, the share price for NetScout Systems Inc (NTCT) might increase by 34.14% in the next year. This is based on a 12-month average estimation for NTCT. Price targets go from $22 to $38. The majority of stock analysts believe NTCT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 8 Wall Street analysts have assignedNTCT 4 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect NetScout Systems Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NTCT. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NTCT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Matthew Hedberg RBC Capital | Sector Perform | $22 | Reiterates | Jul 26, 2024 |
| James Fish Piper Sandler | Neutral | $30 | Upgrade | May 5, 2023 |
| Matthew Hedberg RBC Capital | Sector Perform | $34 | Maintains | May 5, 2023 |
| James Fish Piper Sandler | Underweight | $30 | Maintains | Jan 17, 2023 |
| James Fish Piper Sandler | Underweight | $33 | Downgrade | May 31, 2022 |
| Matthew Hedberg RBC Capital | Sector Perform | $33 | Maintains | Nov 5, 2021 |
| Matthew Hedberg RBC Capital | Sector Perform | $29 | Maintains | Jul 30, 2021 |
Lake Street | Hold | Downgrade | Oct 30, 2020 | |
RBC Capital | Sector Perform | $27 | Maintains | May 8, 2020 |
PiperJaffray | Neutral | Downgrade | Apr 10, 2019 | |
Piper Sandler | Neutral | Downgrade | Apr 10, 2019 | |
B. Riley FBR | Buy | Maintains | May 5, 2018 | |
B. Riley FBR | Buy | Maintains | Jan 31, 2018 | |
| Kevin Liu B. Riley Securities | Buy | $30 | Maintains | Jan 31, 2018 |
DA Davidson | Neutral | Downgrade | Jan 10, 2018 | |
PiperJaffray | Overweight | Initiates | Nov 13, 2017 | |
Piper Sandler | Overweight | Initiates | Nov 13, 2017 | |
RBC Capital | Sector Perform | Downgrade | Jan 19, 2017 | |
Pacific Crest | Sector Weight | Downgrade | Jan 9, 2017 | |
Pacific Crest | Overweight | Initiates | Jul 28, 2016 |
When did it IPO
1999
Staff Count
2,273
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Anil K. Singhal
Market Cap
$1.47B
In 2023, NTCT generated $914.5M in revenue, which was a increase of 6.89% from the previous year. This can be seen as a signal that NTCT's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 24 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NETSCOUT SYSTEMS (NTCT) announced enhancements to its nGenius Enterprise Performance Management solution, including a new notification center and support for Secured Reliable Transport for live video streaming.
Why It Matters - NETSCOUT's enhancements to its performance management solution may boost customer satisfaction and retention, potentially increasing revenue and market share, impacting stock performance positively.
Thu, 19 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks Computer - Networking companies CSCO, NTCT, and INTZ are expected to benefit from increased demand for cybersecurity solutions and the Wi-Fi 7 upgrade cycle.
Why It Matters - Increased demand for cybersecurity and the Wi-Fi 7 upgrade cycle can drive revenue growth for companies like CSCO, NTCT, and INTZ, enhancing their market positions and potential returns.
Fri, 20 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Cisco, NetScout, and Intrusion are featured in a recent Industry Outlook article, indicating their relevance in the current market landscape for investors.
Why It Matters - Highlighting Cisco, NetScout, and Intrusion signals potential growth or trends in the tech sector, influencing stock performance and investment strategies for those companies.
Wed, 18 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks emphasizes its Zacks Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends for stock selection.
Why It Matters - Zacks' emphasis on earnings estimates and revisions signals potential stock performance, guiding investors towards high-value opportunities aligned with growth and momentum trends.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Walmart launched Caroline's Carts in all Arkansas stores to assist caregivers of individuals with disabilities, part of a multimillion-dollar investment in inclusivity and accessibility.
Why It Matters - Walmart's investment in accessibility may enhance customer loyalty and expand its market reach, potentially boosting sales and long-term profitability.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - NETSCOUT SYSTEMS, INC. has updated its Omnis Cyber Intelligence NDR platform with new MITRE ATT&CK behavioral analytics, enhancing threat detection and response capabilities.
Why It Matters - NETSCOUT's NDR platform enhancements improve threat detection and response capabilities, potentially increasing demand for its services and positively impacting revenue and stock performance.
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