NetScout Systems, Inc. (NTCT) Stock Price & Analysis
NetScout Systems, Inc. (NTCT) closed at USD 39.53 on Wednesday, October 28, 2026, down 2.40% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 40.5; the Oct 28, 2026 session ranged USD 39.42–40.89 on volume of 393,375 shares. Market capitalization is $2.87B, with a 52-week range of USD 25.29–45.28 (NMS). Source: Nexqual, retrieved October 29, 2026 at 10:38 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NTCT.md
Key facts (NTCT)
- Last four reported quarters (through Jun 30, 2026): revenue $883M, net income $121M (13.7% margin), free cash flow $261M (SEC filings).
- Valuation: P/E 23.7x (avg 24.4x at the last 1 fiscal year-ends).
- 1 of 80 tracked superinvestors hold NTCT (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 2.33 on a 1–5 scale) (3 analysts), mean target USD 43.38 (range 37.13–50).
- Total return with dividends: 1Y +49.1% vs S&P 500 +13.6%; 5Y +46.1% vs S&P 500 +79.8%.
- Next earnings: 2026-11-05, EPS estimate USD 0.67, revenue estimate $219M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NTCT)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $856M | $915M | $829M | $823M | $859M | $883M |
| Gross profit | $641M | $691M | $642M | $644M | $682M | — |
| Operating income | $48.6M | $77.7M | -$150M | -$368M | $110M | $131M |
| Net income | $35.9M | $59.6M | -$148M | -$367M | $95.5M | $121M |
| EPS (diluted) | $0.48 | $0.82 | -$2.07 | -$5.12 | $1.30 | — |
| Free cash flow | $286M | $146M | $52.4M | $212M | $285M | $261M |
| Gross margin | 75.0% | 75.6% | 77.4% | 78.3% | 79.4% | — |
| Operating margin | 5.7% | 8.5% | -18.1% | -44.7% | 12.8% | 14.8% |
| Net margin | 4.2% | 6.5% | -17.8% | -44.6% | 11.1% | 13.7% |
| Revenue growth | +2.9% | +6.9% | -9.3% | -0.8% | +4.5% | — |
| Cash + short-term investments | $703M | $419M | — | — | $586M | — |
| Total debt | $350M | $100M | $100M | $0K | — | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NTCT)
P/E 23.7x · P/S 3.3x · P/FCF 11.0x · P/B 1.7x · FCF yield 9.08% · Earnings yield 4.21% · Buyback yield (TTM) 1.59%
P/E at fiscal year-ends: Mar 2026 24.4x.
Superinvestors (SEC 13F-HR, Q2 2026) (NTCT)
1 of 80 tracked investors hold NTCT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.02% | $10.8M | Added +24.2% |
Analysts (NTCT)
Consensus Buy (mean 2.33 on a 1–5 scale), 3 analysts; mean target USD 43.38 (low 37.13, high 50).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-06 | RBC Capital | Reiterated | Sector Perform | $43 |
| 2026-07-16 | RBC Capital | Target raised | Sector Perform | $38 → $43 |
Total return (dividends reinvested) (NTCT)
| 1Y (from 2025-10-29) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +49.1% | +46.1% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | +49.3% | +7.9% |
| Volatility (annualized) | 32.2% | 30.4% |
| Max drawdown | -17.5% (Jul 2026→Sep 2026) | -53.3% (Nov 2022→Jun 2024) |
NTCT earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 6, 2026 | Quarter ended Jun 30, 2026 | $0.52 | $0.39 | Beat +33.3% | -6.3% |
| May 7, 2026 | Quarter ended Mar 31, 2026 | $0.52 | $0.46 | Beat +13.0% | +10.1% |
| Feb 5, 2026 | Quarter ended Dec 31, 2025 | $1.00 | $0.82 | Beat +22.0% | -2.6% |
| Nov 6, 2025 | Quarter ended Sep 30, 2025 | $0.62 | $0.45 | Beat +37.8% | +5.1% |
| Aug 7, 2025 | — | — | — | — | -0.6% |
| May 8, 2025 | — | — | — | — | +1.9% |
| Jan 30, 2025 | — | — | — | — | +6.7% |
| Oct 24, 2024 | — | — | — | — | -1.2% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
NTCT recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 26, 2026 | 8-K | Director or executive officer change, or pay arrangement “On October 22, 2026, Sanjay Munshi, the Company's Chief Operating Officer, resigned from all positions he held with the Company and its subsidiaries, effective immediately.” |
| Sep 11, 2026 | 8-K | Director or executive officer change, or pay arrangement; Shareholder vote results “On September 9, 2026, NetScout Systems, Inc. (the "Company") held its 2026 annual meeting of stockholders (the "2026 Annual Meeting"). At the 2026 Annual Meeting, the Company's stockholders approved an amendment to the Company's 2019 Equity Incentive Plan, as amended (the "Amended 2019 Plan") to increase the aggregate number of shares of the Company's common stock authorized for issuance thereunder by 3,500,000 shares. The Company's board of directors (the "Board") previously approved the Amended 2019 Plan,…” |
| Aug 7, 2026 | Schedule 13G | STATE STREET CORPORATION: 5.0% of shares, passive 5%+ holder |
| Aug 6, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 6, 2026 | 8-K | Quarterly results |
| Jul 31, 2026 | Schedule 13G | Vanguard Capital Management: 5.0% of shares, passive 5%+ holder |
| Jul 24, 2026 | DEFA14A | Additional proxy material |
| Jul 24, 2026 | DEF 14A | Proxy statement (pay, board, votes) · period ended Sep 9, 2026 |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
NTCT suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Cisco (CSCO) | “In addition, we have embedded NetScout Arbor DDoS mitigation capabilities on a blade within Cisco's market-leading ASR9000 router and will continue to evaluate partnership opportunities to support integration of its smart DDoS capabilities into various third-party platforms.” |
| Partner | ServiceNow (NOW) | “These insights can be easily ingested into data lakes or streamed to our partners like Splunk and ServiceNow.” |
| Competitor | IBM (IBM) | “In the enterprise market, our competitors include companies who provide network observability, application performance management, infrastructure performance management and other related solutions such as CA Technologies (a Broadcom Inc. business), Cisco Systems, Dynatrace, Datadog, ExtraHop, IBM, Infovista, Viavi, Gigamon, New Relic, Riverbed Technology, and SolarWinds.” |
| Competitor | Broadcom (AVGO) | “In the enterprise market, our competitors include companies who provide network observability, application performance management, infrastructure performance management and other related solutions such as CA Technologies (a Broadcom Inc. business), Cisco Systems, Dynatrace, Datadog, ExtraHop, IBM, Infovista, Viavi, Gigamon, New Relic, Riverbed Technology, and SolarWinds.” |
Quoted from the company's 10-K filed May 14, 2026.
NTCT company outlook (results filed Aug 6, 2026)
- “Additionally, in June, we marked a major milestone in NETSCOUT's 40-year history of innovation with the issuance of our 750th patent. "We are reaffirming our fiscal year 2027 outlook as we continue to execute on our strategy to drive revenue, expand margins, and generate solid free cash flow.”
Quoted word-for-word from the SEC 8-K results press release.
NTCT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.67 | $0.71 | -6.3% | $218.8M | 2 |
| Next quarter (ends Dec 2026) | $0.96 | $1.01 | -4.5% | $259.1M | 2 |
| Current fiscal year (ends Mar 2027) | $2.74 | $2.74 | +0.0% | $904.4M | 2 |
| Next fiscal year (ends Mar 2028) | $2.80 | $2.79 | +0.1% | $925.3M | 3 |
NTCT options: expected move
Options price a move of about ±10.9% (±$4.25) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±4.3% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 53.2% | ±10.9% |
| Dec 18, 2026 | 50 | 45.4% | ±13.8% |
| Mar 19, 2027 | 141 | 43.3% | ±21.9% |
| Jun 17, 2027 | 231 | 39.6% | ±25.5% |
30-day implied volatility 41.7% vs 29.3% realized over the last 30 trading days. Put/call ratio (volume) 1.25. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 10:38 UTC)
| Price | USD 39.53 |
|---|---|
| Change | ▼ 2.40% (down) |
| Previous Close | USD 40.5 |
| Open | USD 40.6 |
| Day Range | USD 39.42 – 40.89 |
| 52-Week Range | USD 25.29 – 45.28 |
| Volume | 393,375 shares |
| Market Cap | $2.87B |
| Exchange | NMS |
Technical Analysis (NTCT)
Nexqual's technical model rates NTCT "BUY" based on 4 bullish and 1 bearish signals across 127 daily candles, as of October 29, 2026 at 10:38 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 51.97 (neutral) |
| vs SMA50 | Above (USD 38.94) |
| MACD | 0.11 (positive) |
Analyst Ratings (NTCT)
Wall Street analysts rate NTCT "Buy" based on 3 analysts, with a mean price target of USD 43.38 (range USD 37.13–50), per Nexqual as of October 29, 2026 at 10:38 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 3 |
| Mean Target | USD 43.38 |
| High Target | USD 50 |
| Low Target | USD 37.13 |
| Buy / Hold / Sell | 2 / 1 / 0 |
Earnings (NTCT)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 0.67 |
| Revenue Estimate | $218.77M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.52 vs est 0.39 ▲ beat |
| 2026-03-31 | USD 0.52 vs est 0.46 ▲ beat |
| 2025-12-31 | USD 1 vs est 0.82 ▲ beat |
| 2025-09-30 | USD 0.62 vs est 0.45 ▲ beat |
Source: Nexqual, October 29, 2026 at 10:38 UTC.
Financials & Fundamentals (NTCT)
| Total Revenue | $883.16M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +12.70% |
| Gross Margin | +79.84% |
| Operating Margin | +6.89% |
| Profit Margin | +13.71% |
| ROE | +7.54% |
| Debt / Equity | 0.02 |
| Current Ratio | 1.83 |
| Total Cash | $629.41M |
| Total Debt | $39.98M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $261.03M (29.6% of revenue) |
Source: Nexqual, October 29, 2026 at 10:38 UTC.
Financial Health Score (NTCT)
Nexqual rates NetScout Systems, Inc.'s overall financial health "Solid" across five dimensions, as of October 29, 2026 at 10:38 UTC.
| Growth | Mixed — Revenue +4.5% YoY (annual), slow |
|---|---|
| Profitability | Strong — Gross margin 80%, operating 15% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $629M cash vs $40M debt, net cash position |
| Cash Flow | Strong — FCF $261M (last 4 quarters to Jun 2026, SEC), 30% margin |
| Efficiency | Mixed — ROE 7%, ROA 5.2% (last 4 quarters, SEC) |
Ownership (NTCT)
| Insider Ownership | +4.82% |
|---|---|
| Institutional Ownership | +97.85% |
| Shares Outstanding | 72.71M |
| Float | 69.04M |
| Short % of Float | +6.02% |
Source: Nexqual, October 29, 2026 at 10:38 UTC.
Leadership (NTCT)
NetScout Systems, Inc. is led by Anil K. Singhal, Co-Founder, Chairman, President & CEO, per Nexqual as of October 29, 2026 at 10:38 UTC.
| Co-Founder, Chairman, President & CEO | Anil K. Singhal |
|---|---|
| Executive VP, CFO & Treasurer | Anthony Piazza |
Major Backers & Investors (NTCT)
Notable institutional backers of NetScout Systems, Inc. include LSV Asset Management, First Trust Advisors LP, Robeco Institutional Asset Management B.V., according to Nexqual as of October 29, 2026 at 10:38 UTC.
Active Investors
| Investor | Stake |
|---|---|
| LSV Asset Management | 4.35% |
| First Trust Advisors LP | 2.7% |
| Robeco Institutional Asset Management B.V. | 2.56% |
| First TRT Exch-Trd Fd. II-First TRT NASDAQ Cybersecurity ETF | 2.38% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.73% |
| Vanguard Group | 11.89% |
| Dimensional Fund Advisors | 5.95% |
| Legal & General Group PLC | 5.24% |
| State Street | 4.92% |
| Geode Capital | 2.96% |
Source: Nexqual, October 29, 2026 at 10:38 UTC.
From NetScout Systems, Inc.'s Latest SEC 10-K Filing (filed 2026-05-14)
Key Strengths & Strategy (as disclosed to the SEC)
- DDoS Protection - Internet Service Providers (ISPs), including leading telecommunications providers, cable multi-service operators and cloud providers, have seen significant increases in the sophistication, scale and frequency of high-volume, multi-vector and application-specific DDoS attacks on their networks.
- We compete under the NetScout Arbor brand with a broad range of vendors including Radware, Akamai, F5 Networks, A10 Networks, Fortinet, Fastly, Cloudflare and Corero Network Security.
- Our unique visibility platform and solutions are powered by our pioneering deep packet inspection, or DPI, technology at scale, which is used by many Fortune 500 companies to protect their digital business services against disruption.
- Using our patented ASI technology, our platform is designed to captures every network-based interaction, transaction, and experience happening across the business in real time, at wire speed, and with high fidelity to produce "Smart Data." Rather than sampled metrics or synthetic data, Smart Data is structured, enriched, AI-ready metadata that captures how services and applications are performing.
Partnerships
- Key elements of our marketing strategy focus on thought leadership, market positioning, market education, go to market strategies, reputation management, demand generation, and the acceleration of our strategic selling relationships with local and global resellers, systems integrators, and our technology alliance partners.
- To promote industry standards and manifest technology leadership, we participate in and support the activities and recommendations of industry standards bodies, and we also engage in close and regular dialogue with our key customers and alliance partners.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business is subject to laws, regulations and expectations relating to sustainability, human capital, governance and other corporate responsibility matters, which could increase costs and expose us to additional risks.
- We may be impacted by changes in taxation, trade, tariffs, and other regulatory requirements.
- We could be materially adversely affected by increased regulation of the Internet in any country where we operate, as well as access to or commerce conducted on the Internet. Governments may change or increase regulations or impose restrictions on sales, licensing, distribution, and the exporting or importing of certain technologies to or from certain countries.
- We publish policies, marketing materials and other statements regarding our data privacy and security compliance activities. Regulators in the United States are increasingly scrutinizing these statements, and if these policies, materials or statements are found to be inaccurate, misleading, or incomplete we may be subject to investigation, enforcement actions by regulators, or other adverse consequences.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| DLO | DLocal Limited | USD 13.77 | ▼ 1.99% |
| BLSH | Bullish | USD 28.73 | ▼ 0.73% |
| CORZ | Core Scientific, Inc. | USD 15 | ▲ 5.15% |
| RELY | Remitly Global, Inc. | USD 24.27 | ▲ 0.25% |
| TENB | Tenable Holdings, Inc. | USD 48.72 | ▲ 0.14% |
| BB | BlackBerry Limited | USD 9.4 | ▼ 1.57% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 10:38 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt