SentinelOne (NYSE:S) Reaches New 12-Month High - Should You Buy?

Key Points

• SentinelOne shares reached a new 52-week high of $26.34, supported by TD Cowen raising its price target. However, FBN Securities downgraded the stock to “sector perform” with a $24 target, citing valuation or near-term growth concerns.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $23.75. The company’s latest quarter exceeded expectations, with revenue up 20.6% year over year and EPS beating estimates.
• Recent insider sales—including the CEO’s $13.3 million transaction—were primarily conducted under pre-arranged plans or to cover tax obligations. Institutional investors remain heavily invested, owning approximately 90.87% of the company’s shares.

SentinelOne, Inc. (NYSE:S - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday. The stock traded as high as $26.34 and last traded at $25.8350, with a volume of 9226654 shares trading hands. The stock had previously closed at $25.43.

More SentinelOne News

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.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on S shares. Needham & Company LLC increased their target price on shares of SentinelOne from $20.00 to $26.00 and gave the stock a "buy" rating in a report on Friday, August 28th. Wedbush initiated coverage on shares of SentinelOne in a report on Friday, September 11th. They issued an "outperform" rating and a $25.00 price target for the company. Guggenheim upped their price target on shares of SentinelOne from $24.00 to $28.00 and gave the stock a "buy" rating in a research report on Thursday, August 20th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $26.00 price target on shares of SentinelOne in a research report on Friday, August 28th. Finally, Barclays increased their price objective on shares of SentinelOne from $22.00 to $23.00 and gave the company an "equal weight" rating in a research note on Friday, August 28th. Sixteen investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, SentinelOne currently has a consensus rating of "Moderate Buy" and an average price target of $23.75.

SentinelOne Price Performance

The firm has a market capitalization of $8.99 billion, a P/E ratio of -25.58 and a beta of 0.70. The stock's fifty day simple moving average is $21.85 and its 200 day simple moving average is $17.98.

SentinelOne (NYSE:S - Get Free Report) last released 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 prior year, the firm posted ($0.22) earnings per share. 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 forecast that SentinelOne, Inc. will post -0.46 EPS for the current fiscal year.

Insider Activity at SentinelOne

In related news, insider Ana Pinczuk sold 16,042 shares of the stock in a transaction that occurred on Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total transaction of $406,343.86. Following the completion of the sale, the insider owned 721,674 shares of the company's stock, valued at $18,280,002.42. This represents a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Keenan Conder sold 8,312 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $19.79, for a total transaction of $164,494.48. Following the completion of the sale, the insider owned 948,046 shares of the company's stock, valued at approximately $18,761,830.34. This trade represents a 0.87% decrease in their ownership of the stock. 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 have sold a total of 915,183 shares of company stock valued at $21,151,124 over the last three months. Company insiders own 4.27% of the company's stock.

Institutional Trading of SentinelOne

A number of institutional investors have recently made changes to their positions in S. Wellington Management Group LLP increased its position 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 buying an additional 3,428,192 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in SentinelOne by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company's stock worth $59,142,000 after acquiring an additional 461,411 shares in the last quarter. Swedbank AB boosted its holdings in SentinelOne by 9.8% in the first quarter. Swedbank AB now owns 4,183,973 shares of the company's stock worth $53,890,000 after acquiring an additional 374,659 shares in the last quarter. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in shares of SentinelOne during the second quarter worth about $59,607,000. Finally, Bank of America Corp DE grew its stake in shares of SentinelOne by 17.6% during the first quarter. Bank of America Corp DE now owns 2,519,928 shares of the company's stock worth $32,457,000 after acquiring an additional 377,542 shares during the last quarter. Institutional investors and hedge funds own 90.87% of the company's stock.

About SentinelOne

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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