NetScout Systems Inc

NetScout Systems Inc Stock Forecast & Price Prediction

Live NetScout Systems Inc Stock (NTCT) Price
$22.45

8

Ratings

  • Buy 4
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$22.45

P/E Ratio

24.21

Volume Traded Today

$459,600

Dividend

Dividends not available for NTCT

52 Week High/low

24.42/17.10

NetScout Systems Inc Market Cap

$1.61B

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NTCT Summary

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.

NTCT Analyst Ratings

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.

NTCT stock forecast by analyst

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

NTCT Company Information

What They Do: Provides cybersecurity and service assurance solutions.

Business Model: The company generates revenue by offering a range of software and hardware solutions that ensure the reliability and security of network services. Its products include management software for network optimization, active testing tools, and advanced cybersecurity measures, catering to various sectors including enterprise, telecommunications, and government.

Other Information: NetScout operates internationally, with a strong presence in the United States, Europe, and Asia. Its diverse clientele spans multiple industries, indicating a broad market reach and the potential for stable revenue streams. Founded in 1984 and based in Westford, Massachusetts, the company is positioned to capitalize on the increasing demand for cybersecurity solutions.
NTCT
NetScout Systems Inc (NTCT)

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

NetScout Systems Inc (NTCT) Financial Data

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

N/A

Revenue From 2021

$831.3M

0.00 %
From Previous Year

Revenue From 2022

$855.6M

2.92 %
From Previous Year

Revenue From 2023

$914.5M

6.89 %
From Previous Year
  • Revenue TTM $787.2M
  • Operating Margin TTM 8.7%
  • Gross profit TTM $642.0M
  • Return on assets TTM 1.0%
  • Return on equity TTM -34.3%
  • Profit Margin -76.1%
  • Book Value Per Share 20.35%
  • Market capitalisation $1.61B
  • Revenue for 2021 $831.3M
  • Revenue for 2022 $855.6M
  • Revenue for 2023 $914.5M
  • EPS this year (TTM) $-8.39

NetScout Systems Inc (NTCT) Latest News

News Image

Thu, 07 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

NTCT Frequently asked questions

The highest forecasted price for NTCT is $38 from at Noble Capital Markets.

The lowest forecasted price for NTCT is $21.55 from from

The NTCT analyst ratings consensus are 4 buy ratings, 4 hold ratings, and 0 sell ratings.