NetScout Systems (NASDAQ:NTCT – Get Free Report) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.650-2.800 for the period, compared to the consensus earnings per share estimate of 2.390. The company issued revenue guidance of $885.0 million-$915.0 million, compared to the consensus revenue estimate of $877.3 million.
NetScout Systems Stock Up 2.1%
Shares of NASDAQ NTCT traded up $0.80 during midday trading on Friday, hitting $39.09. The stock had a trading volume of 815,544 shares, compared to its average volume of 549,134. The company has a market capitalization of $2.82 billion, a PE ratio of 30.07 and a beta of 0.61. The stock has a 50 day simple moving average of $31.91 and a 200-day simple moving average of $29.10. NetScout Systems has a 1 year low of $20.39 and a 1 year high of $39.71.
NetScout Systems (NASDAQ:NTCT – Get Free Report) last released its earnings results on Thursday, May 7th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. The business had revenue of $203.04 million for the quarter, compared to the consensus estimate of $198.64 million. NetScout Systems had a return on equity of 8.37% and a net margin of 11.11%.The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 earnings per share. NetScout Systems has set its FY 2027 guidance at 2.650-2.800 EPS. As a group, analysts expect that NetScout Systems will post 1.83 earnings per share for the current fiscal year.
Analysts Set New Price Targets
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Insider Buying and Selling
In related news, EVP John Downing sold 3,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $30.00, for a total transaction of $90,000.00. Following the completion of the transaction, the executive vice president directly owned 129,494 shares of the company’s stock, valued at $3,884,820. The trade was a 2.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 3.82% of the stock is owned by insiders.
More NetScout Systems News
Here are the key news stories impacting NetScout Systems this week:
- Positive Sentiment: NetScout beat fiscal Q4 earnings estimates, reporting $0.52 per share versus the $0.46 consensus, and revenue came in ahead of expectations at about $203 million. Article Title
- Positive Sentiment: The company also raised FY 2027 guidance to EPS of 2.65-2.80 and revenue of $885 million-$915 million, both above Wall Street estimates, signaling confidence in growth ahead. Article Title
- Positive Sentiment: Management said fiscal 2026 results were strong across both top and bottom lines, reinforcing the earnings beat and improving investor sentiment around the stock. Article Title
- Neutral Sentiment: Royal Bank of Canada raised its price target on NTCT from $29 to $38, but kept a “sector perform” rating, which suggests the recent rally may already reflect much of the near-term upside. Article Title
- Neutral Sentiment: Recent transcript coverage and valuation commentary may keep attention on the stock, but they do not appear to add a major new catalyst beyond the earnings and guidance update. Article Title
- Negative Sentiment: One cautionary note is that RBC’s $38 target sits below the current share price, implying limited upside after the post-earnings move. Article Title
Institutional Trading of NetScout Systems
A number of institutional investors have recently bought and sold shares of the business. Quantinno Capital Management LP lifted its holdings in NetScout Systems by 6.2% during the 2nd quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company’s stock worth $262,000 after buying an additional 615 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in NetScout Systems by 14.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,883 shares of the technology company’s stock worth $132,000 after buying an additional 618 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in NetScout Systems by 6.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 17,649 shares of the technology company’s stock worth $456,000 after buying an additional 998 shares during the last quarter. Franklin Resources Inc. lifted its holdings in NetScout Systems by 1.7% during the 3rd quarter. Franklin Resources Inc. now owns 62,120 shares of the technology company’s stock worth $1,605,000 after buying an additional 1,045 shares during the last quarter. Finally, Swiss National Bank lifted its holdings in NetScout Systems by 0.9% during the 3rd quarter. Swiss National Bank now owns 138,328 shares of the technology company’s stock worth $3,573,000 after buying an additional 1,300 shares during the last quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.
About NetScout Systems
NetScout Systems, Inc is a leading provider of network performance management, service assurance and cybersecurity solutions. The company designs and delivers hardware and software platforms that capture and analyze real-time and historical packet data, enabling IT teams and service providers to monitor application performance, troubleshoot network issues and defend against distributed denial-of-service (DDoS) attacks. NetScout’s flagship offerings include the nGeniusONE service assurance platform and the InfiniStream packet broker, which together provide end-to-end visibility across hybrid and multi-cloud environments.
Founded in 1984 and headquartered in Westford, Massachusetts, NetScout has built a reputation for scalable and resilient monitoring infrastructure.
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