SentinelOne, Inc. (NYSE:S) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• SentinelOne has a “Moderate Buy” consensus rating from 29 analysts, with 18 buy, 10 hold, and one sell rating. The average 12-month price target is approximately $19.93.
• Shares opened at $22.25, near the company’s 52-week high of $22.44, after rising 4%; the stock trades above its 50-day and 200-day moving averages.
• SentinelOne beat quarterly earnings expectations with EPS of $0.04 versus a $0.02 estimate, while revenue increased 20.8% year over year to $276.66 million. Insiders sold shares primarily to cover tax obligations, while institutional investors own 90.87% of the stock.

SentinelOne, Inc. (NYSE:S - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty-nine research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and eighteen have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $19.9310.

Several analysts have recently weighed in on the stock. TD Cowen reiterated a "buy" rating on shares of SentinelOne in a research report on Friday, May 29th. Bank of America upgraded shares of SentinelOne from a "neutral" rating to a "buy" rating and raised their price target for the stock from $16.00 to $20.00 in a research note on Friday, May 29th. Needham & Company LLC lifted their price objective on SentinelOne from $18.00 to $20.00 and gave the company a "buy" rating in a report on Friday, May 29th. Wolfe Research set a $20.00 price objective on SentinelOne in a research note on Friday, May 29th. Finally, Barclays dropped their target price on SentinelOne from $19.00 to $16.00 and set an "equal weight" rating for the company in a report on Friday, May 29th.

Insider Transactions at SentinelOne

In other SentinelOne news, insider Keenan Michael Conder sold 26,374 shares of the stock in a transaction 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 completion of the transaction, the insider directly owned 956,358 shares in the company, valued at $19,203,668.64. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Barry L. Padgett sold 9,778 shares of SentinelOne stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $20.09, for a total value of $196,440.02. Following the transaction, the chief operating officer directly owned 977,430 shares of the company's stock, valued at approximately $19,636,568.70. The trade was a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 423,705 shares of company stock valued at $7,369,527. 4.27% of the stock is owned by insiders.

Hedge Funds Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Woodline Partners LP acquired a new stake in shares of SentinelOne during the first quarter worth approximately $382,000. Focus Partners Wealth acquired a new position in shares of SentinelOne in the 1st quarter worth approximately $346,000. Prudential Financial Inc. grew its position 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 last quarter. EverSource Wealth Advisors LLC grew its position in SentinelOne by 540.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,258 shares of the company's stock worth $78,000 after acquiring an additional 3,593 shares during the last quarter. Finally, Amundi increased its holdings in SentinelOne by 7.9% during the 2nd quarter. Amundi now owns 170,047 shares of the company's stock valued at $3,083,000 after purchasing an additional 12,495 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne Trading Up 4.0%

Shares of NYSE S opened at $22.25 on Tuesday. The business has a fifty day simple moving average of $17.55 and a 200 day simple moving average of $15.54. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of -23.18 and a beta of 0.79. SentinelOne has a one year low of $11.81 and a one year high of $22.44.

SentinelOne (NYSE:S - Get Free Report) last issued its earnings results on Thursday, May 28th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.02 by $0.02. The firm had revenue of $276.66 million during the quarter, compared to analysts' expectations of $277.31 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.SentinelOne's quarterly revenue was up 20.8% compared to the same quarter last year. During the same period last year, the business earned $0.02 earnings per share. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. On average, research analysts anticipate that SentinelOne will post -0.44 earnings per share for the current fiscal year.

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.

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