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Cybersecurity firm Netskope lifts IPO price range, eyes $7.3 billion valuation
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Cybersecurity firm Netskope lifts IPO price range, eyes $7.3 billion valuation
Sep 16, 2025 5:23 AM

Sept 16 (Reuters) - Cybersecurity firm Netskope raised

the proposed price range for its U.S. initial public offering

and is now aiming for a valuation of up to $7.26 billion, it

said on Tuesday.

The Santa Clara, California-based company is now looking to

raise as much as $908.2 million by selling 47.8 million shares

priced between $17 and $19 apiece. That compares with its prior

price target of between $15 and $17 apiece.

Morgan Stanley and J.P. Morgan are the lead underwriters for

the offering. Netskope will list on the Nasdaq under the "NTSK"

symbol.

(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Anil

D'Silva and Shailesh Kuber)

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