Needham & Company LLC Issues Positive Forecast for SentinelOne (NYSE:S) Stock Price

Key Points

• Needham raised SentinelOne’s price target to $26 from $20 and maintained a “buy” rating, implying 14.1% potential upside. The stock has a consensus “Moderate Buy” rating and average target of $21.33.
• SentinelOne exceeded quarterly expectations, reporting adjusted EPS of $0.08 versus $0.07 expected and revenue of nearly $292 million, up 20.6% year over year. The company also issued fiscal 2027 adjusted EPS guidance of $0.30–$0.32.
• Despite improving adjusted-profit expectations, the company remains unprofitable under GAAP, with a negative net margin of 30.39%. Insiders have sold shares recently, while institutional investors own approximately 90.87% of the stock.

SentinelOne (NYSE:S - Get Free Report) had its price objective increased by equities research analysts at Needham & Company LLC from $20.00 to $26.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a "buy" rating on the stock. Needham & Company LLC's price target points to a potential upside of 14.10% from the company's current price.

Other equities research analysts also recently issued reports about the company. TD Cowen boosted their target price on SentinelOne from $22.00 to $25.00 and gave the stock a "buy" rating in a research report on Monday, August 17th. Barclays set a $23.00 price target on shares of SentinelOne in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $24.00 price target on SentinelOne in a research report on Monday, August 17th. Citigroup restated an "outperform" rating on shares of SentinelOne in a report on Friday. Finally, Jefferies Financial Group set a $26.00 price objective on shares of SentinelOne in a research note on Friday. Nineteen investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $21.33.

SentinelOne Trading Up 11.1%

SentinelOne stock opened at $22.79 on Friday. SentinelOne has a 12-month low of $11.81 and a 12-month high of $23.95. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of -23.74 and a beta of 0.79. The firm has a 50 day moving average of $19.20 and a 200 day moving average of $16.25.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The company had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. SentinelOne's quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($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. On average, analysts predict that SentinelOne will post -0.44 EPS for the current year.

Insider Activity at SentinelOne

In related news, insider Ana G. Pinczuk sold 6,230 shares of the company's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $20.09, for a total transaction of $125,160.70. Following the completion of the sale, the insider owned 737,716 shares of the company's stock, valued at approximately $14,820,714.44. This represents a 0.84% decrease in their position. The sale 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, CEO Tomer Weingarten sold 53,811 shares of the firm's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $1,080,524.88. Following the completion of the sale, the chief executive officer directly owned 1,840,586 shares of the company's stock, valued at $36,958,966.88. This trade represents a 2.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 423,705 shares of company stock worth $7,369,527 over the last 90 days. Corporate insiders own 4.27% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Corient Private Wealth LP raised its stake in shares of SentinelOne by 801.7% during the 2nd quarter. Corient Private Wealth LP now owns 134,418 shares of the company's stock worth $2,281,000 after buying an additional 119,511 shares in the last quarter. California State Teachers Retirement System lifted its position in SentinelOne by 1,616.3% during the second quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company's stock worth $104,321,000 after buying an additional 5,789,226 shares during the period. HB Wealth Management LLC grew its position in SentinelOne by 43.0% during the second quarter. HB Wealth Management LLC now owns 37,206 shares of the company's stock valued at $631,000 after acquiring an additional 11,190 shares during the period. Odyssean LLC raised its position in SentinelOne by 38.0% in the second quarter. Odyssean LLC now owns 130,431 shares of the company's stock valued at $2,213,000 after purchasing an additional 35,950 shares during the period. Finally, Nykredit A S purchased a new stake in shares of SentinelOne during the second quarter worth about $214,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Key SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: Quarterly results exceeded expectations. SentinelOne reported fiscal second-quarter revenue of approximately $292 million, up 20.6% year over year and slightly above consensus, while adjusted EPS of $0.08 topped the $0.07 estimate. The results indicate continued demand for the company’s endpoint and cloud security products. SentinelOne Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Profitability outlook was materially upgraded. SentinelOne now expects fiscal 2027 adjusted EPS of $0.30-$0.32, compared with a prior consensus estimate calling for a loss, and third-quarter EPS of $0.08-$0.09. Full-year revenue guidance of approximately $1.202-$1.207 billion is broadly in line with expectations, while the company is targeting $124-$128 million in operating income. SentinelOne FY 2027 Forecast
• Positive Sentiment: Sector momentum provided an additional catalyst. A broader cybersecurity-sector re-rating lifted several security software stocks, as investors rotated into companies previously viewed as laggards. This helped amplify the positive reaction to SentinelOne’s earnings and outlook. Cybersecurity Re-Rating
• Neutral Sentiment: SentinelOne’s new cyber-risk research highlights how attackers are increasingly targeting vendor ecosystems and edge-device environments. The findings support the long-term need for cybersecurity spending but do not immediately change the company’s financial outlook. SentinelOne Cyber Risk Research
• Negative Sentiment: Losses and execution risks remain. Despite the adjusted-profit guidance, SentinelOne continues to report negative GAAP margins and substantial operating losses. Some investors also viewed revenue guidance as merely in line rather than a significant upside surprise, explaining the initial post-earnings weakness. Mixed Guidance Overshadows Results

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne's solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company's flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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