From what 8 stock analysts predict, the share price for NetScout Systems Inc (NTCT) might increase by 21.07% in the next year. This is based on a 12-month average estimation for NTCT. Price targets go from $21.55 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
$1.61B
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
Summary - NetScout (NTCT) shares are rising, supported by positive earnings estimate revisions, suggesting potential continued upward momentum.
Why It Matters - Rising earnings estimates for NetScout suggest improved company performance, likely boosting investor confidence and stock price momentum.
Summary - NETSCOUT SYSTEMS, INC. announced that its customer NRB successfully protected Belgium's local and provincial elections from cyberattacks, particularly threats from pro-Russian groups.
Why It Matters - NETSCOUT's success in safeguarding elections from cyberattacks highlights its cybersecurity capabilities, potentially boosting investor confidence and increasing demand for its services.
Summary - NetScout (NTCT) has been upgraded to a Zacks Rank #1 (Strong Buy) due to increasing optimism regarding its earnings prospects.
Why It Matters - NetScout's upgrade to a Zacks Rank #1 indicates strong earnings potential, suggesting a positive outlook that could drive stock price appreciation and attract more investors.
Summary - NetScout Systems, Inc. (NASDAQ: NTCT) will host its Q2 2025 earnings conference call on October 24, 2024, at 8:30 AM ET, featuring key executives including the CFO and CEO.
Why It Matters - NetScout Systems' Q2 earnings call provides insights into financial performance and future guidance, influencing stock valuation and investor sentiment.
Summary - NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT) reported Q2 fiscal year 2025 results, with revenue and earnings meeting expectations, as stated by CEO Anil Singhal.
Why It Matters - NETSCOUT's Q2 results meeting expectations signals stability and effective management, which may enhance investor confidence and influence stock performance.
Summary - NetScout Systems (NTCT) reported Q3 earnings of $0.47 per share, surpassing the Zacks estimate of $0.45, but down from $0.61 per share in the same quarter last year.
Why It Matters - NetScout's earnings beat expectations but declined year-over-year, indicating potential challenges in growth. This may affect investor sentiment regarding the company's future performance.