SentinelOne, Inc. (NYSE:S) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give SentinelOne a “Moderate Buy” consensus: Of 29 covering brokers, 17 recommend buying, 11 suggest holding, and one recommends selling. The average 12-month price target is $23.33, above the recent $19.83 share price.
• Recent results exceeded expectations: SentinelOne reported quarterly EPS of $0.08 versus the $0.07 consensus estimate, while revenue rose 20.6% year over year to $291.98 million, slightly above forecasts.
• Institutional ownership remains high, while insiders sold shares: Institutions own 90.87% of the stock, and several funds increased their positions. Insiders sold $7.37 million worth of shares last quarter, primarily to cover tax withholding tied to equity awards.

Shares of SentinelOne, Inc. (NYSE:S - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twenty-nine brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and seventeen have given a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $23.3276.

S has been the subject of a number of recent analyst reports. Susquehanna upped their price objective on SentinelOne from $20.00 to $28.00 and gave the company a "positive" rating in a report on Monday. TD Cowen increased their price target on shares of SentinelOne from $25.00 to $26.00 and gave the company a "buy" rating in a research report on Friday, August 28th. Rosenblatt Securities reissued a "buy" rating and set a $25.00 price objective on shares of SentinelOne in a research note on Friday, August 28th. Stephens reaffirmed an "overweight" rating and issued a $26.00 target price on shares of SentinelOne in a research note on Friday, August 28th. Finally, Citigroup reissued an "outperform" rating on shares of SentinelOne in a research report on Friday, August 28th.

Insider Buying and Selling at SentinelOne

In related news, COO Barry L. Padgett sold 9,778 shares of the stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $20.09, for a total transaction of $196,440.02. Following the completion of the transaction, the chief operating officer directly owned 977,430 shares in the company, valued at approximately $19,636,568.70. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 5,467 shares of the business's stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $109,777.36. Following the completion of the sale, the chief accounting officer directly owned 439,863 shares in the company, valued at approximately $8,832,449.04. This represents a 1.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 423,705 shares of company stock worth $7,369,527 in the last quarter. Company insiders own 4.27% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Woodline Partners LP acquired a new position in SentinelOne during the first quarter worth approximately $382,000. Focus Partners Wealth acquired a new position in shares of SentinelOne during the 1st quarter worth approximately $346,000. Prudential Financial Inc. increased its stake in SentinelOne by 28.4% during the 2nd quarter. Prudential Financial Inc. now owns 21,141 shares of the company's stock worth $386,000 after acquiring an additional 4,680 shares during the period. EverSource Wealth Advisors LLC lifted its position in SentinelOne by 540.3% during the second quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company's stock worth $78,000 after purchasing an additional 3,593 shares during the period. Finally, Amundi lifted its holdings in shares of SentinelOne by 7.9% during the 2nd quarter. Amundi now owns 170,047 shares of the company's stock worth $3,083,000 after acquiring an additional 12,495 shares during the period. Institutional investors own 90.87% of the company's stock.

SentinelOne Stock Up 0.2%

Shares of S stock opened at $19.83 on Friday. The firm has a market cap of $6.80 billion, a price-to-earnings ratio of -19.63 and a beta of 0.77. SentinelOne has a 12 month low of $11.81 and a 12 month high of $23.95. The stock has a 50-day moving average price of $19.85 and a 200 day moving average price of $16.53.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (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 company had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. During the same quarter last year, the firm earned ($0.22) EPS. The company's revenue for the quarter 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. Sell-side analysts predict that SentinelOne will post -0.45 earnings per share for the current fiscal year.

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.

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