Skip to main content

You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.

If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.

OK Cancel

Back to top

Netskope Named a Gartner Leader in SASE Platforms for Third Consecutive Year, Tops Ability to Execute

Netskope recognized as a Leader in SASE Platforms by Gartner for third consecutive year, excelling in multiple use cases.

Quiver AI Summary

Netskope has been recognized by Gartner for the third consecutive year as a Leader in the Gartner Magic Quadrant for Secure Access Service Edge (SASE) Platforms, standing out for its high Ability to Execute. In the accompanying SASE Platforms Critical Capabilities report, Netskope ranked highest in three Use Cases, indicating strong performance in various areas. The company offers a unified platform, Netskope One, which employs zero trust principles and AI innovations to enhance security and network performance while enabling work-from-anywhere connectivity. Netskope's CEO, Sanjay Beri, emphasized that this recognition reflects customer trust in their ability to modernize security and networking needs. The press release also highlights forecasts regarding SASE deployments and the increasing importance of comprehensive sovereignty in cloud security controls by 2027.

Potential Positives

  • Netskope has been recognized by Gartner as a Leader in the Magic Quadrant for Secure Access Service Edge (SASE) Platforms for the third consecutive year, reinforcing its strong market position.
  • The company was positioned highest in Ability to Execute, showcasing its effectiveness in delivering security solutions.
  • Netskope is the only vendor to achieve the highest scores in three critical use cases in the SASE Platforms Critical Capabilities report, highlighting its comprehensive offerings.
  • The recognition aligns with Gartner's forecasts, indicating that Netskope is well-positioned to meet the growing demand for SASE and AI-integrated solutions in the industry.

Potential Negatives

  • Despite being recognized as a Leader in the Gartner Magic Quadrant, the inclusion of a disclaimer emphasizing that Gartner does not endorse any specific vendor or product may undermine the impact of the accolade for potential clients.
  • The press release highlights that by 2028, vendors without a feature-rich SASE platform risk falling behind, indicating that they need to innovate rapidly to stay competitive, which could create pressure for Netskope.
  • The forward-looking statements regarding technology forecasts from third-party analysts remind stakeholders of the uncertainty in predictions, potentially raising concerns about the company's future performance capability.

FAQ

What recognition did Netskope receive from Gartner in 2026?

Netskope was named a Leader in the Gartner Magic Quadrant for Secure Access Service Edge (SASE) Platforms for the third consecutive year.

How did Netskope perform in the SASE Platforms Critical Capabilities report?

Netskope ranked highest for three Use Cases, including Foundational SASE, Zero Trust SASE, and Sovereign SASE.

What is the purpose of the Netskope One platform?

Netskope One converges security, networking, analytics, and AI products to optimize access and protect data in a unified platform.

What are some key trends in the SASE market forecasted by Gartner?

By 2028, 50% of new SASE deployments will adopt single-vendor platforms, and 30% of organizations will need comprehensive sovereignty over cloud controls.

How can I access the 2026 Gartner Magic Quadrant for SASE Platforms?

You can download a complimentary copy of the 2026 Gartner Magic Quadrant for SASE Platforms from Netskope’s website.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.


EARLY ACCESS
Receive NTSK Data Alerts
Real-time alerts on filings, insider trades, and market signals — before everyone else.
Get Alerts →

$NTSK Insider Trading Activity

NTSK Insider Trades

$NTSK insiders have traded $NTSK stock on the open market 17 times in the past 6 months. Of those trades, 7 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $NTSK stock by insiders over the last 6 months:

  • VENTURE PARTNERS IX, L.P. LIGHTSPEED has made 0 purchases and 4 sales selling 1,879,696 shares for an estimated $17,903,180.
  • VENTURE PARTNERS SELECT, L.P. LIGHTSPEED has made 0 purchases and 4 sales selling 1,879,696 shares for an estimated $17,903,180.
  • ARIF JANMOHAMED has made 0 purchases and 2 sales selling 1,650,000 shares for an estimated $15,099,627.
  • WILLIAM J.G. GRIFFITH has made 3 purchases buying 916,690 shares for an estimated $10,981,778 and 0 sales.
  • STRATEGIC PARTNERS VIII HOLDINGS, L.P. ICONIQ has made 4 purchases buying 916,690 shares for an estimated $10,981,746 and 0 sales.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$NTSK Hedge Fund Activity

We have seen 119 institutional investors add shares of $NTSK stock to their portfolio, and 74 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$NTSK Price Targets

Multiple analysts have issued price targets for $NTSK recently. We have seen 17 analysts offer price targets for $NTSK in the last 6 months, with a median target of $15.0.

Here are some recent targets:

  • Jackson Ader from Keybanc set a target price of $14.0 on 06/25/2026
  • Richard Poland from Wells Fargo set a target price of $13.0 on 06/05/2026
  • Shrenik Kothari from Baird set a target price of $16.0 on 06/04/2026
  • Gray Powell from BTIG set a target price of $14.0 on 06/04/2026
  • Rob Owens from Piper Sandler set a target price of $18.0 on 06/04/2026
  • Matthew Hedberg from RBC Capital set a target price of $13.0 on 06/04/2026
  • Keith Bachman from BMO Capital set a target price of $13.0 on 06/04/2026

Full Release

SANTA CLARA, Calif., July 31, 2026 (GLOBE NEWSWIRE) -- Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, today announced that Gartner, Inc. has recognized the company for the third consecutive year as a Leader in the Gartner Magic Quadrant for Secure Access Service Edge (SASE) Platforms. Netskope is positioned highest in Ability to Execute in the new report.

In the companion SASE Platforms Critical Capabilities report, a comparative research report that scores competing technology products or services against a specific set of critical differentiators, Netskope is the only vendor ranked as the highest scoring for three Use Cases, including: Foundational SASE Platform Use Case (4.24/5), Zero Trust SASE Platform Use Case (4.43/5), and the new Sovereign SASE Use Case (4.16/5).

Netskope helps organizations modernize by converging critical security, network, analytics, and AI products into a powerful, unified platform, Netskope One. The architecture of Netskope One applies zero trust principles and AI innovations to optimize access, protect data wherever it moves, stop threats, and enable secure, work-from-anywhere connectivity. Netskope One is powered by NewEdge, the private cloud infrastructure that underpins Netskope’s delivery of security, networking, analytics, and AI services with fast inference and proven low latency for AI use and agentic workflows , preventing traditional trade-offs between security and performance.

“We believe being named a Leader again in SASE Platforms, and positioned highest in Ability to Execute, reflects the trust customers place in Netskope to modernize their security and networking for today’s AI-first business requirements,” said Sanjay Beri, CEO and co-founder, Netskope. “We built Netskope One so customers never have to choose between AI-ready security and network performance. Along with our continued innovation in data protection, data sovereignty controls, and extending SASE functionality with agentic operations to automate SASE workflows, we feel this recognition underscores how we’re successfully delivering on that vision at scale.”

In our view, Netskope’s recognition in leading SASE, SSE, and AI capabilities all align to Gartner forecast 1 , and strategic planning assumptions 2 for the SASE market, which include:

  • By 2028, 50% of new SASE deployments will be based on a single-vendor SASE platform offering (up from 30% in 2025), and 70% of SD-WAN purchases will be part of these single-vendor offerings.
  • By 2028, vendors lacking a feature-rich SASE platform with strong AI controls and key integrations (such as data security posture management [DSPM] and secure enterprise browser [SEB]) will need to partner with others to stay competitive.
  • By 2027, 30% of organizations will require comprehensive sovereignty of their cloud security controls to address continued geopolitical turmoil.

For more on today’s announcement, download a complimentary copy of the 2026 Gartner Magic Quadrant for SASE Platforms from Netskope.

Gartner Disclaimer

Gartner, Magic Quadrant for SASE Platforms, Jonathan Forest, Andrew Lerner, John Watts, 28 July 2026.

Gartner, Critical Capabilities for SASE Platforms, Jonathan Forest, Andrew Lerner, Thomas Lintemuth, John Watts, 29 July 2026.

Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates.

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

About Netskope
Netskope (NASDAQ: NTSK), a leader in modern security and networking for the cloud and AI era, addresses the needs of both security and networking teams by providing optimized access and real-time, context-based security for the AI ecosystem inclusive of agents, applications, tools, LLMs, people, devices, and data. Thousands of customers, including more than 30% of the Fortune 100, trust the Netskope One platform, its Zero Trust Engine, and its powerful NewEdge network to reduce risk and gain full visibility and control over cloud, AI, SaaS, web, and private applications — providing security and accelerating performance without trade-offs.

Learn more at netskope.com , on LinkedIn , and on Instagram .

Forward-Looking Statements
This press release contains forward-looking statements regarding technology forecasts based on third-party analyst reports (including Gartner). While we believe these third-party sources are reputable and reliable, we have not independently verified the data or the underlying assumptions on which third-party forecasts are based. Third-party forecasts involve inherent uncertainties and assumptions, and actual outcomes may differ materially from those expressed or implied in these reports.

Media Relations Contacts:
press@netskope.com

Investor Relations Contacts:
ir@netskope.com

1 Gartner, Forecast Analysis: Secure Access Service Edge, Worldwide, 2025-2030, Charanpal Bhogal, Neil MacDonald, Andrew Lerner, Jonathan Forest, Charlie Winckless, 15 May 2026.

2 Gartner, The SASE Geopatriation Pivot: Addressing the Sovereign-First Era, Charanpal Bhogal, Charlie Winckless, Theo de Feligonde, 11 June 2026.


Read full article here »

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE: