NetScout Systems (NASDAQ:NTCT) Updates FY 2026 Earnings Guidance

NetScout Systems (NASDAQ:NTCT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.350-2.45 for the period, compared to the consensus estimate of 2.070. The company issued revenue guidance of $830.0 million-$870.0 million, compared to the consensus revenue estimate of $849.4 million. NetScout Systems also updated its FY 2026 guidance to 2.350-2.45 EPS.

NetScout Systems Stock Up 1.4%

Shares of NTCT opened at $27.31 on Thursday. NetScout Systems has a 12-month low of $18.12 and a 12-month high of $28.30. The business’s fifty day moving average is $26.00 and its 200 day moving average is $23.90. The stock has a market cap of $1.96 billion, a P/E ratio of 27.31 and a beta of 0.72.

NetScout Systems (NASDAQ:NTCT) last issued its earnings results on Thursday, August 7th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.05. NetScout Systems had a return on equity of 7.47% and a net margin of 8.72%.The company had revenue of $186.75 million for the quarter, compared to analysts’ expectations of $181.50 million. During the same period last year, the business earned $0.28 EPS. NetScout Systems’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, analysts expect that NetScout Systems will post 1.5 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on NTCT. Weiss Ratings reissued a “sell (d+)” rating on shares of NetScout Systems in a research report on Tuesday, October 14th. B. Riley started coverage on NetScout Systems in a research note on Tuesday, August 26th. They set a “buy” rating and a $33.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $29.00.

Insider Activity at NetScout Systems

In related news, Director Michael Szabados sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $22.91, for a total transaction of $91,640.00. Following the completion of the transaction, the director owned 38,939 shares in the company, valued at $892,092.49. This represents a 9.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John Downing sold 3,000 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $27.80, for a total value of $83,400.00. Following the completion of the transaction, the executive vice president owned 138,494 shares of the company’s stock, valued at approximately $3,850,133.20. This trade represents a 2.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,000 shares of company stock worth $442,273 over the last quarter. 3.82% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On NetScout Systems

Institutional investors have recently modified their holdings of the business. Quantinno Capital Management LP boosted its position in NetScout Systems by 6.2% in the second quarter. Quantinno Capital Management LP now owns 10,552 shares of the technology company’s stock worth $262,000 after purchasing an additional 615 shares during the last quarter. Envestnet Asset Management Inc. raised its stake 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 valued at $456,000 after purchasing an additional 998 shares during the period. EverSource Wealth Advisors LLC raised its stake in NetScout Systems by 1,936.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,016 shares of the technology company’s stock valued at $50,000 after purchasing an additional 1,917 shares during the period. The Manufacturers Life Insurance Company increased its stake in NetScout Systems by 5.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 37,013 shares of the technology company’s stock worth $918,000 after acquiring an additional 2,030 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in NetScout Systems by 5.2% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,377 shares of the technology company’s stock worth $869,000 after acquiring an additional 2,036 shares during the last quarter. 91.64% of the stock is owned by hedge funds and other institutional investors.

NetScout Systems Company Profile

NetScout Systems, Inc provides service assurance and cybersecurity solutions for protect digital business services against disruptions in the United States, Europe, Asia, and internationally. The company offers nGeniusONE management software that enables customers to predict, preempt, and resolve network and service delivery problems, as well as facilitate the optimization and capacity planning of their network infrastructures; and specialized platforms and analytic modules that enable its customers to analyze and troubleshoot traffic in radio access and Wi-Fi networks.