SentinelOne, Inc. (NYSE:S) Stock Has Consensus Price Target of $23.64

Shares of SentinelOne, Inc. (NYSE:S – Get Free Report) have received an average recommendation of “Moderate Buy” from the thirty analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and sixteen have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $23.75.

A number of research analysts recently commented on S shares. Canaccord Genuity Group upped their price objective on SentinelOne from $18.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Morgan Stanley raised their target price on SentinelOne from $17.00 to $23.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. TD Cowen boosted their price target on shares of SentinelOne from $26.00 to $29.00 and gave the company a “buy” rating in a report on Friday. Wells Fargo & Company upped their price target on shares of SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Monday, August 17th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $25.00 price objective on shares of SentinelOne in a report on Friday, August 28th.

Get Our Latest Research Report on SentinelOne

Insider Transactions at SentinelOne

In other news, insider Keenan Conder sold 26,374 shares of SentinelOne stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $529,589.92. Following the sale, the insider owned 956,358 shares of the company’s stock, valued at approximately $19,203,668.64. The trade was a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 527,368 shares of the business’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $25.26, for a total value of $13,321,315.68. Following the transaction, the chief executive officer owned 1,717,510 shares of the company’s stock, valued at approximately $43,384,302.60. This represents a 23.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 915,183 shares of company stock worth $21,151,124 in the last quarter. 4.27% of the stock is currently owned by corporate insiders.

Institutional Trading of SentinelOne

Several large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its position in SentinelOne by 17.6% in the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company’s stock worth $32,457,000 after purchasing an additional 377,542 shares during the period. ING Groep NV acquired a new position in shares of SentinelOne during the 4th quarter valued at $5,202,000. Wellington Management Group LLP raised its stake in shares of SentinelOne by 216.0% in the 2nd quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after buying an additional 3,428,192 shares in the last quarter. California State Teachers Retirement System raised its stake in shares of SentinelOne by 23.2% in the 1st quarter. California State Teachers Retirement System now owns 358,173 shares of the company’s stock worth $4,613,000 after buying an additional 67,373 shares in the last quarter. Finally, Swedbank AB lifted its holdings in shares of SentinelOne by 9.8% in the first quarter. Swedbank AB now owns 4,183,973 shares of the company’s stock valued at $53,890,000 after buying an additional 374,659 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Stock Up 1.6%

Shares of S stock opened at $25.84 on Wednesday. The business has a 50 day moving average of $21.85 and a two-hundred day moving average of $17.98. SentinelOne has a 52 week low of $11.81 and a 52 week high of $26.34. The company has a market cap of $8.99 billion, a P/E ratio of -25.58 and a beta of 0.70.

SentinelOne (NYSE:S – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%.The business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.22) EPS. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. Analysts expect that SentinelOne will post -0.46 EPS for the current fiscal year.

SentinelOne News Roundup

Here are the key news stories impacting SentinelOne this week:

  • Positive Sentiment: TD Cowen raised its price target for SentinelOne, helping support investor confidence in the cybersecurity company’s growth outlook. SentinelOne stock gained 1.58 percent after TD Cowen raised its target
  • Neutral Sentiment: SentinelOne CEO Tomer Weingarten sold 527,368 shares worth approximately $13.3 million under a pre-arranged Rule 10b5-1 trading plan. While the sale reduced his holdings by 23.5%, the planned nature of the transaction makes it a less direct signal of deteriorating business prospects. CEO Form 4 filing
  • Neutral Sentiment: COO Barry Padgett sold 15,460 shares, and insider Ana Pinczuk sold 16,042 shares. Both transactions were intended to cover tax-withholding obligations tied to vested equity awards, reducing their negative interpretive value. COO Form 4 filing
  • Negative Sentiment: FBN Securities downgraded SentinelOne from “outperform” to “sector perform” and assigned a $24 price target, implying roughly 7% downside from the cited trading level. The downgrade suggests valuation or near-term growth concerns after the stock’s strong advance.

About SentinelOne

(Get Free Report)

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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Analyst Recommendations for SentinelOne (NYSE:S)

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