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NetScout Systems, Inc.NasdaqGS:NTCT Stock Report

Market Cap US$2.6b
Share Price
US$39.09
US$33.71
16.0% overvalued intrinsic discount
1Y77.6%
7D13.6%
Portfolio Value
View

NetScout Systems, Inc.

NasdaqGS:NTCT Stock Report

Market Cap: US$2.6b

NetScout Systems (NTCT) Stock Overview

Provides service assurance and cybersecurity solutions to protect digital business services against disruptions in the United States, Europe, Asia, and internationally. More details

NTCT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for NTCT from our risk checks.

NTCT Community Fair Values

Create Narrative

See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

NetScout Systems, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for NetScout Systems
Historical stock prices
Current Share PriceUS$38.29
52 Week HighUS$39.24
52 Week LowUS$19.98
Beta0.61
1 Month Change15.61%
3 Month Change38.38%
1 Year Change77.60%
3 Year Change31.45%
5 Year Change42.29%
Change since IPO178.47%

Recent News & Updates

Seeking Alpha 13h

NetScout: Becoming Positive On Q4 Surprise And Favorable FY27 Prospects (Upgrade)

Summary I revise my rating for NetScout Systems from 'Hold' to 'Buy' following my evaluation of its results and outlook. The company's 4QFY2026 bottom-line represented a 14.3% beat, thanks to strong demand for AI-related threat solutions and the stability of its government client base's expenditures. NTCT is guiding for a 10% EPS growth in FY27, supported by its latest M&A and new AI product rollouts. Read the full article on Seeking Alpha
Narrative Update May 05

NTCT: Future Returns Will Rely On AI Data Monetization And Capital Discipline

Analysts have raised their fair value estimate for NetScout Systems from $31.09 to $33.71, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as key drivers of the new price target. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers to help turn raw network data into AI ready smart data for customer experience and network operations, including 5G, RAN, Core, MEC, and Transport domains (Key Developments).
Narrative Update Apr 04

NTCT: Ongoing AI And Observability Expansion Will Likely Limit Share Price Upside

Analysts have kept their $27.27 price target on NetScout Systems broadly steady, citing relatively unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in their updated models. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers to turn raw network data into AI ready smart data for customer experience, predictive maintenance, and network security use cases, with real time curated data across 5G, RAN, Core, MEC, and Transport.

Recent updates

Seeking Alpha 13h

NetScout: Becoming Positive On Q4 Surprise And Favorable FY27 Prospects (Upgrade)

Summary I revise my rating for NetScout Systems from 'Hold' to 'Buy' following my evaluation of its results and outlook. The company's 4QFY2026 bottom-line represented a 14.3% beat, thanks to strong demand for AI-related threat solutions and the stability of its government client base's expenditures. NTCT is guiding for a 10% EPS growth in FY27, supported by its latest M&A and new AI product rollouts. Read the full article on Seeking Alpha
Narrative Update May 05

NTCT: Future Returns Will Rely On AI Data Monetization And Capital Discipline

Analysts have raised their fair value estimate for NetScout Systems from $31.09 to $33.71, citing updated assumptions around revenue growth, profit margins, and a lower future P/E multiple as key drivers of the new price target. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers to help turn raw network data into AI ready smart data for customer experience and network operations, including 5G, RAN, Core, MEC, and Transport domains (Key Developments).
Narrative Update Apr 04

NTCT: Ongoing AI And Observability Expansion Will Likely Limit Share Price Upside

Analysts have kept their $27.27 price target on NetScout Systems broadly steady, citing relatively unchanged assumptions for fair value, discount rate, revenue growth, profit margin, and future P/E in their updated models. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers to turn raw network data into AI ready smart data for customer experience, predictive maintenance, and network security use cases, with real time curated data across 5G, RAN, Core, MEC, and Transport.
Narrative Update Mar 21

NTCT: Stable Assumptions Will Limit Upside Despite Ongoing Product Expansion

Analysts have kept their $27.27 price target for NetScout Systems unchanged, citing relatively stable assumptions for the discount rate, revenue growth, profit margin, and future P/E as the basis for maintaining their view. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers to help turn raw network data into AI ready inputs for customer experience, predictive maintenance, and network security use cases (Product related announcement).
Narrative Update Mar 06

NTCT: Slower Revenue Outlook Will Outweigh Margin Gains And Share Repurchases

Analysts kept their price target for NetScout Systems steady at $27.27, citing only small tweaks to assumptions such as a slightly higher discount rate, more moderate expectations for revenue growth, a modestly higher profit margin, and a similar forward P/E outlook. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers, aiming to turn raw network data into AI ready inputs for customer experience, predictive maintenance, and security use cases, with features such as a unified network view and curated, real time smart data streams (Product related announcement).
Narrative Update Feb 20

NTCT: Expanded AI Network Capabilities And Raised Outlook Will Support Bullish Repricing

Analysts have maintained their $35.00 price target for NetScout Systems, citing only modest adjustments in their underlying assumptions for discount rate, revenue growth, profit margin, and future P/E that they believe largely offset one another. What's in the News NetScout extended its Omnis AI Insights solution to communications service providers, aiming to turn raw network data into AI ready data for customer experience, predictive maintenance, and network security use cases, including 5G and other complex network domains (Product related announcement).
Narrative Update Feb 06

NTCT: Steady Outlook Will Balance Modest Guidance Shift And Margin Caution

Analysts have kept their fair value estimate for NetScout Systems steady at US$27.27, citing offsetting adjustments to revenue growth, profit margin expectations, and the future P/E multiple that together leave their overall price target unchanged. What's in the News Revised fiscal 2026 revenue guidance to a range of US$835 million to US$870 million, with midpoint commentary indicating implied year over year growth of 3.6% compared with the prior range of US$830 million to US$870 million (company guidance).
Narrative Update Jan 23

NTCT: Raised Outlook And Ongoing Buybacks Will Support Bullish Repricing

Narrative Update Analysts have raised their price target on NetScout Systems to $35 from $33, reflecting updated views on the company’s outlook following the recent fiscal Q2 report. Analyst Commentary Bullish analysts see the new US$35 price target as a sign that the latest fiscal Q2 report supports a higher valuation range for NetScout Systems than previously assumed.
Narrative Update Jan 09

NTCT: Higher Margin Outlook And Buyback Activity Will Support Bullish Repricing

Analysts have lifted their price target on NetScout Systems to US$35 from US$33, pointing to updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E after the latest fiscal Q2 report. Analyst Commentary Following the fiscal Q2 report, bullish analysts are signaling increased confidence in NetScout Systems by lifting their fair value assumptions, reflected in the price target move to US$35 from US$33.
Narrative Update Dec 21

NTCT: Future Profitability And New Offerings Will Balance Execution Risks

Analysts have raised their price target on NetScout Systems from $21.00 to approximately $27.27, citing the latest Street research that reflects improved profitability expectations, despite more modest revenue growth assumptions. Analyst Commentary While some on the Street have turned incrementally positive on NetScout Systems, the overall tone of recent research remains mixed, with several bearish analysts highlighting ongoing risks to the investment case.
Narrative Update Dec 06

NTCT: Future Returns Will Depend On AI And Cloud Execution

Analysts have raised their price target on NetScout Systems to $35.00 from $33.00. This reflects increased confidence following the latest fiscal Q2 report, while key valuation inputs such as fair value and growth assumptions remain largely unchanged.
Narrative Update Nov 22

NTCT: Future Performance Will Depend On AI Market Execution

NetScout Systems' analyst price target has increased from $33.00 to $35.00. This reflects analysts' confidence in the company's positioning within key growth markets and its improving profit margin outlook.
Narrative Update Nov 08

NTCT: Future Performance Will Depend On Execution Amid AI Demand Trends

Analysts have increased their price target for NetScout Systems from $33 to $35, citing the company's positive momentum following its recent fiscal Q2 report and ongoing opportunities in growing technology markets. Analyst Commentary Analysts have recently weighed in on NetScout Systems, providing insight into both positive drivers and ongoing considerations regarding the company's outlook and valuation.
Narrative Update Oct 25

Artificial Intelligence Momentum Will Drive Renewed Interest In Cybersecurity

NetScout Systems’ analyst price target has been raised from $27.09 to $28.76 per share. This reflects analysts’ increased optimism due to the company’s positioning in attractive growth markets and its potential to benefit from advancements in artificial intelligence.
Narrative Update Oct 10

Overoptimistic Cybersecurity Trends Will Exacerbate Valuation Risks

Analysts have increased NetScout Systems' price target from $25.82 to $27.09, citing improved profit margin outlook, higher projected revenue growth, and confidence in the company's positioning within emerging artificial intelligence markets. Analyst Commentary Bullish Takeaways Bullish analysts highlight NetScout's strategic position within the growing artificial intelligence space.
Narrative Update Aug 27

Overoptimistic Cybersecurity Trends Will Exacerbate Valuation Risks

Analysts have raised NetScout Systems’ price target from $22.22 to $25.82, citing the company’s advantageous exposure to fast-growing AI-driven markets and a recent share price pullback that presents an attractive entry point. Analyst Commentary Bullish analysts cite NetScout's exposure to two attractive growth markets as a key driver for upside potential.
Analysis Article Jul 08

Risks To Shareholder Returns Are Elevated At These Prices For NetScout Systems, Inc. (NASDAQ:NTCT)

With a median price-to-sales (or "P/S") ratio of close to 2.1x in the Communications industry in the United States, you...
Analysis Article Apr 16

Investors Will Want NetScout Systems' (NASDAQ:NTCT) Growth In ROCE To Persist

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Analysis Article Mar 25

Is NetScout Systems, Inc. (NASDAQ:NTCT) Trading At A 43% Discount?

Key Insights The projected fair value for NetScout Systems is US$38.59 based on 2 Stage Free Cash Flow to Equity...
User avatar
New Narrative Mar 23

Investments In AI And Partnerships With Palo Alto Networks Will Strengthen Edge Cybersecurity Solutions

Increased demand for service assurance and cybersecurity products, along with AI investments, could drive revenue growth and improve margins.
Analysis Article Mar 04

NetScout Systems (NASDAQ:NTCT) Could Easily Take On More Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 11

Some Shareholders Feeling Restless Over NetScout Systems, Inc.'s (NASDAQ:NTCT) P/S Ratio

When you see that almost half of the companies in the Communications industry in the United States have price-to-sales...
Seeking Alpha Feb 10

NetScout: The Numbers And Outlook Suggest A Buy

Summary NetScout Systems, Inc. is undervalued despite its strong positioning in network performance, cybersecurity, and cloud services. The company's revenue diversification, particularly in high-margin cybersecurity and cloud services, positions it well for future growth despite telecom sector headwinds. NetScout's financial health is robust, with impressive product revenue growth, improving profit margins, and a solid foundation for future cash flow from deferred revenue. Read the full article on Seeking Alpha
Analysis Article Dec 19

An Intrinsic Calculation For NetScout Systems, Inc. (NASDAQ:NTCT) Suggests It's 48% Undervalued

Key Insights The projected fair value for NetScout Systems is US$41.22 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 21

Does NetScout Systems (NASDAQ:NTCT) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Sep 09

NetScout Systems, Inc.'s (NASDAQ:NTCT) Shareholders Might Be Looking For Exit

When you see that almost half of the companies in the Communications industry in the United States have price-to-sales...
Analysis Article Aug 14

Investors Will Want NetScout Systems' (NASDAQ:NTCT) Growth In ROCE To Persist

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Seeking Alpha Jul 26

NetScout: Mixed Read Throughs From Earnings Beat And Guidance Miss

Summary NetScout is rated as a Hold, taking into account its Q1 FY 2025 earnings beat and its below-expected top-line guidance for Q2 and the full year. NTCT's first quarter EPS was better than what the market had anticipated, thanks to successful cost control. But the company's revenue outlook for both the second quarter and FY 2025 was a disappointment, as its service assurance business is expected to earn less revenue from its telecommunications services provider clients. Read the full article on Seeking Alpha
Analysis Article Jul 17

NetScout Systems (NASDAQ:NTCT) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 08

NetScout Systems, Inc.'s (NASDAQ:NTCT) Price Is Out Of Tune With Revenues

NetScout Systems, Inc.'s ( NASDAQ:NTCT ) price-to-sales (or "P/S") ratio of 1.7x may not look like an appealing...
Analysis Article Apr 08

NetScout Systems (NASDAQ:NTCT) Seems To Use Debt Quite Sensibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Mar 12

NetScout Systems, Inc. (NASDAQ:NTCT) Shares Could Be 50% Below Their Intrinsic Value Estimate

Key Insights NetScout Systems' estimated fair value is US$47.21 based on 2 Stage Free Cash Flow to Equity NetScout...
Seeking Alpha Feb 26

NetScout Systems: Long-Term Issues Remain A Concern

Summary Sales are declining again in fiscal 2024 as customers are reducing their spending. The company remains profitable as cash from operations is significantly higher than capital expenditures and interest expenses are reaching zero. The balance sheet is very strong thanks to very high cash and short-term investments and negative net debt. Long-term issues remain a concern as increasing competition has impacted revenues since fiscal 2018. While I don't think it's a bad idea to invest in NetScout to achieve potential capital returns, I believe that there are currently much better options in the market regarding companies with better long-term prospects. Read the full article on Seeking Alpha
Analysis Article Jan 29

NetScout Systems, Inc. Just Beat Revenue Estimates By 10%

Investors in NetScout Systems, Inc. ( NASDAQ:NTCT ) had a good week, as its shares rose 3.5% to close at US$22.48...
Analysis Article Jan 26

NetScout Systems (NASDAQ:NTCT) Might Have The Makings Of A Multi-Bagger

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article Dec 07

NetScout Systems, Inc. (NASDAQ:NTCT) Shares Could Be 44% Below Their Intrinsic Value Estimate

Key Insights NetScout Systems' estimated fair value is US$37.47 based on 2 Stage Free Cash Flow to Equity NetScout...
Analysis Article Nov 08

NetScout Systems (NASDAQ:NTCT) Seems To Use Debt Rather Sparingly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

NTCTUS CommunicationsUS Market
7D13.6%-4.9%2.1%
1Y77.6%83.0%30.6%

Return vs Industry: NTCT underperformed the US Communications industry which returned 87.6% over the past year.

Return vs Market: NTCT exceeded the US Market which returned 31% over the past year.

Price Volatility

Is NTCT's price volatile compared to industry and market?
NTCT volatility
NTCT Average Weekly Movement4.5%
Communications Industry Average Movement8.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: NTCT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NTCT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19842,113Anil Singhalwww.netscout.com

NetScout Systems, Inc. provides service assurance and cybersecurity solutions to protect digital business services against disruptions in the United States, Europe, Asia, and internationally. It offers nGeniusONE management software 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 to analyze and troubleshoot traffic in radio access and Wi-Fi networks. The company also provides nGeniusPULSE, an active testing tool to identify infrastructure performance issues and determine application availability, reliability, and performance; and nGenius Business Analytics solution, which enables service providers to analyze their network traffic.

NetScout Systems, Inc. Fundamentals Summary

How do NetScout Systems's earnings and revenue compare to its market cap?
NTCT fundamental statistics
Market capUS$2.57b
Earnings (TTM)US$95.53m
Revenue (TTM)US$859.48m
28.9x
P/E Ratio
3.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NTCT income statement (TTM)
RevenueUS$859.48m
Cost of RevenueUS$176.99m
Gross ProfitUS$682.49m
Other ExpensesUS$586.96m
EarningsUS$95.53m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)1.32
Gross Margin79.41%
Net Profit Margin11.12%
Debt/Equity Ratio0%

How did NTCT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 02:11
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NetScout Systems, Inc. is covered by 15 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Erik SuppigerB. Riley Securities, Inc.
Steven FrankelColliers Securities
Mark KelleherColliers Securities