SentinelOne (NYSE:S – Free Report) had its price target raised by Needham & Company LLC from $26.00 to $31.00 in a research report report published on Tuesday, MarketBeat.com reports. The brokerage currently has a buy rating on the stock.
A number of other equities analysts also recently commented on S. Jefferies Financial Group set a $26.00 target price on SentinelOne in a research note on Friday, August 28th. Citigroup reaffirmed an “outperform” rating on shares of SentinelOne in a report on Friday, August 28th. Susquehanna increased their price target on SentinelOne from $20.00 to $28.00 and gave the stock a “positive” rating in a research report on Monday, August 31st. TD Cowen increased their price target on SentinelOne from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $25.00 price target on shares of SentinelOne in a report on Friday, August 28th. Seventeen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $24.05.
Check Out Our Latest Stock Report on S
SentinelOne Stock Performance
SentinelOne stock opened at $23.39 on Tuesday. The firm’s 50-day moving average is $22.52 and its 200-day moving average is $18.52. SentinelOne has a 1 year low of $11.81 and a 1 year high of $26.50. The company has a market cap of $8.14 billion, a P/E ratio of -23.16 and a beta of 0.70.
SentinelOne (NYSE:S – Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The business had revenue of $291.98 million during the quarter, compared to analyst estimates of $290.24 million. During the same period in the previous year, the business posted ($0.22) EPS. The company’s quarterly revenue was up 20.6% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, sell-side analysts predict that SentinelOne will post -0.46 earnings per share for the current year.
Insiders Place Their Bets
In related news, COO Barry Padgett sold 15,460 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total value of $391,601.80. Following the sale, the chief operating officer owned 961,970 shares of the company’s stock, valued at $24,366,700.10. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 13,311 shares of SentinelOne stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $19.95, for a total transaction of $265,554.45. Following the completion of the sale, the chief accounting officer owned 405,112 shares in the company, valued at approximately $8,081,984.40. This represents a 3.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 915,183 shares of company stock worth $21,151,124. 4.27% of the stock is owned by company insiders.
Institutional Investors Weigh In On SentinelOne
Several large investors have recently made changes to their positions in S. Bank of America Corp DE grew its holdings in SentinelOne by 17.6% in the 1st quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock worth $32,457,000 after buying an additional 377,542 shares in the last quarter. Wellington Management Group LLP raised its stake in SentinelOne by 216.0% during the 2nd quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock valued at $85,110,000 after acquiring an additional 3,428,192 shares in the last quarter. California State Teachers Retirement System raised its stake in SentinelOne by 23.2% during the 1st quarter. California State Teachers Retirement System now owns 358,173 shares of the company’s stock valued at $4,613,000 after acquiring an additional 67,373 shares in the last quarter. Swedbank AB raised its stake in SentinelOne by 9.8% during the 1st quarter. Swedbank AB now owns 4,183,973 shares of the company’s stock valued at $53,890,000 after acquiring an additional 374,659 shares in the last quarter. Finally, Moody National Bank Trust Division raised its stake in SentinelOne by 72.2% during the 2nd quarter. Moody National Bank Trust Division now owns 136,518 shares of the company’s stock valued at $2,317,000 after acquiring an additional 57,261 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.
SentinelOne Company Profile
SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.
The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.
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