NTCT · NASDAQ · Software - Infrastructure

NETSCOUT Systems (NTCT)

Analyzes network traffic for service assurance, observability, and DDoS defense.

$38.61
vs last close−0.33 (−0.85%)
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NetScout Systems, Inc.NTCT
Information Technology

Sells network observability and service-assurance software, appliances, and support to enterprises, communications carriers, and public agencies, while Arbor and Omnis products detect and mitigate DDoS attacks and investigate network threats. Deep packet inspection supplies the shared data layer, and service revenue exceeds product revenue.

Turns packet-level network traffic into operational data for large enterprises, communications service providers, and public-sector organizations worldwide. The nGenius service assurance portfolio monitors application and network performance, while Arbor detects and mitigates DDoS attacks and Omnis supports network threat investigation.

Combines software, purpose-built appliances, virtual sensors, packet-flow systems, and cloud-based protection. Deep packet inspection at scale supplies a shared data layer across legacy, hybrid, cloud-native, and mobile environments, helping operations teams isolate performance failures and security events.

Sells products directly and through resellers and systems integrators, then earns service revenue from maintenance, support, cloud subscriptions, and professional services. Demand depends on continued customer investment in network visibility and attack protection; service revenue exceeds product revenue.

Company facts

CEOAnil K. Singhal
ListedAug 12, 1999
ExchangeNASDAQ
HeadquartersWestford, MA
CountryUnited States
Employees2,073
CIK0001078075
ISINUS64115T1043

Market cap$2.83B
EPS (ttm)$1.65
P/E (ttm)23.60
ROE7.4%
P/B1.70
P/S3.21
Dividend yieldDiv yield
Beta0.98vs XLK 0.54

Price target$43.00+10.4%Average of 21 analysts
ConsensusHold11 of 21 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 16, 2026RBC CapitalReiterate
Rating: Target: $38
Rating: Sector PerformTarget: $43
May 8, 2026RBC CapitalReiterate
Rating: Target: $29
Rating: Sector PerformTarget: $38
Jan 5, 2026RBC CapitalReiterate
Rating: Target: $22
Rating: Sector PerformTarget: $29

Next report
Nov 5, 26
in 44 days
EPS estimate
$0.66
Revenue estimate
$222.4M
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Jan '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.94$0.52$0.34$0.62$1.00$0.52$0.52Pending
Estimate$0.74$0.52$0.29$0.44$0.86$0.46$0.38$0.66
Surprise+27.0%0.0%+17.2%+39.9%+16.3%+13.0%+35.7%

RevenueReportedEstimate

Jan '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$252.0M$205.0M$186.7M$219.0M$250.7M$203.0M$210.4MPending
Estimate$194.8M$192.4M$198.0M$200.3M$233.5M$198.6M$196.2M$222.4M
Surprise+29.4%+6.5%−5.7%+9.3%+7.3%+2.2%+7.3%
Estimate$0.66
ReportedDue Nov 5, 2026
Estimate$222.4M
ReportedDue Nov 5, 2026
View details

Debt to equity2.40%
Current ratio182.50%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$191.1M$252.0M$205.0M$186.7M$219.0M$250.7M$203.0M$210.4M
Net income$9.0M$48.8M$18.6M−$3.7M$25.8M$55.1M$18.2M$21.8M
Net margin4.7%19.4%9.1%0.0%11.8%22.0%9.0%10.4%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$14.1M$61.7M$19.9M−$6.6M$32.5M$64.3M$19.6M$14.5M
YoY growth−46.3%Turned profitTurned profitLoss narrowed+130.0%+4.2%−1.4%Turned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $629.4M · Total debt $40.0M · Total assets $2.31B · Shareholders' equity $1.66B

Revenue
$210.4M
Operating income
$14.5M
Net income
$21.8M
View details

No dividends on record.

Institutions95.74%69.61M shares
320 holders · as of Jun 30, 2026
Insiders3.71%2.70M shares
15 holders · as of Sep 14, 2026
Other0.55%403.4K shares
remainder

72.71M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
15.73%11.44Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
7.69%5.59Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.95%4.33Mas of Jun 30, 2026
Legal & General Investment Management LimitedInstitution
5.55%4.04Mfiled Feb 13, 2024
Legal & General Group PLCInstitution
5.24%3.81Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 11, 2026Christopher Perrettadirector−7,000$38.00
Aug 25, 2026Michael Szabadosdirector−4,000$37.70
Aug 17, 2026Sanjay Munshiofficer: Chief Operating Officer−2,269$39.27
Aug 11, 2026John Downingofficer: EVP, Worldwide Sales Ops−8,000$38.41
Jun 8, 2026John Downingofficer: EVP, World-Wide Sales−8,000$40.29
View details

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Compare

CompanyPriceChange
NETSCOUT Systems$38.61−0.85%$2.83B23.614.23.2+12.7%
Cisco Systems$106.77−4.21%$439.31B33.520.96.9+17.6%
Akamai Technologies$119.17+1.49%$17.07B42.217.33.9+5.4%
Cloudflare$351.04−0.18%$124.85B236.649.7+35.9%
Dynatrace$55.94−0.82%$16.44B113.227.47.8+16.2%
Datadog$245.75+0.29%$87.23B496.592.422.0+35.6%
Viavi Solutions$35.14−2.93%$8.93B21.95.9+52.5%
F5$450.11+0.00%$25.39B35.925.97.7+10.9%
Radware$28.76−2.53%$1.27B77.722.74.0+10.9%
Median60.024.37.3+16.9%