SentinelOne (NYSE:S) Price Target Raised to $26.00

Key Points

• Scotiabank raised SentinelOne’s price target to $26 from $23.50 and maintained a “sector outperform” rating, implying 23.4% upside from the prior close. Analysts’ consensus is “Moderate Buy,” with an average target of $23.08.
• SentinelOne beat quarterly estimates with adjusted EPS of $0.08 and revenue of $291.98 million, up 20.6% year over year, while raising fiscal 2027 guidance to $0.30–$0.32 EPS and approximately $1.202–$1.207 billion in revenue.
• Despite the strong results and analyst upgrades, shares fell 7.2% to $21.07 as investors viewed the profit outlook as underwhelming after a recent rally. The company remains GAAP-unprofitable, and recent insider selling added a potential sentiment headwind.

SentinelOne (NYSE:S - Get Free Report) had its price target hoisted by equities research analysts at Scotiabank from $23.50 to $26.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a "sector outperform" rating on the stock. Scotiabank's price objective indicates a potential upside of 23.40% from the company's previous close.

Several other research firms have also recently weighed in on S. JPMorgan Chase & Co. boosted their price target on SentinelOne from $18.00 to $22.00 and gave the stock a "neutral" rating in a report on Friday, August 21st. TD Cowen raised their price objective on shares of SentinelOne from $25.00 to $26.00 and gave the company a "buy" rating in a report on Friday. Wedbush reissued an "outperform" rating and set a $20.00 target price on shares of SentinelOne in a report on Friday, May 29th. Bank of America raised shares of SentinelOne from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $16.00 to $20.00 in a report on Friday, May 29th. Finally, Guggenheim raised their price target on shares of SentinelOne from $24.00 to $28.00 and gave the company a "buy" rating in a research note on Thursday, August 20th. Seventeen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $23.08.

SentinelOne Trading Down 7.2%

NYSE:S traded down $1.64 on Friday, hitting $21.07. The company had a trading volume of 11,172,995 shares, compared to its average volume of 7,998,425. The firm has a 50 day moving average of $19.20 and a two-hundred day moving average of $16.25. The stock has a market capitalization of $7.22 billion, a price-to-earnings ratio of -21.95 and a beta of 0.79. SentinelOne has a 52 week low of $11.81 and a 52 week high of $23.95.

SentinelOne (NYSE:S - Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $291.98 million for the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.SentinelOne's revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter last year, the business 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. As a group, equities analysts forecast that SentinelOne will post -0.44 EPS for the current year.

Insider Activity

In other news, insider Keenan Michael Conder sold 26,374 shares of the business's stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $20.08, for a total value of $529,589.92. Following the transaction, the insider owned 956,358 shares in the company, valued at approximately $19,203,668.64. The trade was a 2.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 57,941 shares of the company's stock in a transaction on Friday, July 31st. The shares were sold at an average price of $18.75, for a total transaction of $1,086,393.75. Following the completion of the sale, the chief executive officer directly owned 1,894,397 shares in the company, valued at approximately $35,519,943.75. This represents a 2.97% 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. In the last quarter, insiders have sold 423,705 shares of company stock worth $7,369,527. 4.27% of the stock is owned by insiders.

Institutional Trading of SentinelOne

A number of institutional investors have recently bought and sold shares of S. Daiwa Securities Group Inc. lifted its stake in shares of SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company's stock valued at $63,000 after purchasing an additional 692 shares during the period. Allworth Financial LP grew its stake in SentinelOne by 102.4% during the third quarter. Allworth Financial LP now owns 1,435 shares of the company's stock worth $25,000 after purchasing an additional 726 shares during the period. Public Employees Retirement System of Ohio increased its holdings in SentinelOne by 0.9% in the first quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company's stock worth $1,154,000 after purchasing an additional 784 shares in the last quarter. Main Management ETF Advisors LLC lifted its stake in SentinelOne by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company's stock valued at $1,233,000 after buying an additional 840 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of SentinelOne by 29.7% during the 2nd quarter. GAMMA Investing LLC now owns 3,685 shares of the company's stock worth $63,000 after buying an additional 843 shares in the last quarter. Institutional investors own 90.87% of the company's stock.

SentinelOne News Roundup

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne raised its fiscal 2027 outlook, projecting revenue of approximately $1.202 billion to $1.207 billion and adjusted EPS of $0.30 to $0.32. Third-quarter revenue guidance of $309 million to $311 million was broadly in line with expectations, while EPS guidance of $0.08 to $0.09 was well above the listed consensus estimate. S Q2 Earnings Call Spotlights AI Security and Raised Outlook
• Positive Sentiment: Several analysts raised their price targets following the results. TD Cowen lifted its target to $26 and Canaccord Genuity to $25, both maintaining buy ratings; Needham, Citizens JMP, Cantor Fitzgerald and Rosenblatt also reiterated bullish views with targets ranging from $25 to $26. SentinelOne Analysts Increase Their Forecasts After Q2 Results
• Neutral Sentiment: The broader cybersecurity sector has recently benefited from a valuation re-rating, potentially supporting SentinelOne’s shares, although this tailwind has not outweighed the company-specific guidance concerns. Cybersecurity Re-Rating Reaches the Laggards
• Negative Sentiment: Investors are concerned that the improved earnings forecast may not represent enough upside after the stock’s recent rally. Reports characterized the profit outlook as trimmed or underwhelming, causing the strong quarterly results to be overshadowed. SentinelOne Slides as Trimmed Profit Forecast Outweighs Revenue Beat
• Negative Sentiment: SentinelOne remains unprofitable on a GAAP basis, with a negative net margin and negative return on equity. Separate tracking also showed insider selling with no reported insider purchases over the past six months, a potential sentiment headwind.

About SentinelOne

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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