The Bianconeri were dealt another blow when back-up goalkeeper Kamil Grabara suffered an ACL injury, prompting the club to search for reinforcements.
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According to Tuttomercatoweb, Juventus have identified Neto as their preferred solution, with talks progressing over a short-term contract.
The Brazilian, who last played for Botafogo, previously represented Juventus, Bournemouth, Barcelona and Fiorentina.
He also spent time at Arsenal but never made a Premier League appearance for the club.
Neto’s arrival would provide additional cover for Guglielmo Vicario, who has performed well since joining on loan from Tottenham.