SentinelOne (NYSE:S) Given New $20.00 Price Target at JPMorgan Chase & Co.

Key Points

• JPMorgan raised its price target on SentinelOne from $16 to $20 while keeping a neutral rating, implying about 10% upside from the current price.
• Other analysts have also updated their views, with price targets ranging from $15 to $24; overall, SentinelOne now has a Moderate Buy consensus and an average target price of $19.80.
• The stock rose 1.3% to $18.19 in Thursday trading, after the company recently reported earnings and revenue that were roughly in line with expectations and revenue growth of 20.3% year over year.

SentinelOne (NYSE:S - Get Free Report) had its price objective raised by analysts at JPMorgan Chase & Co. from $16.00 to $20.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price target indicates a potential upside of 9.98% from the company's current price.

Several other brokerages have also recently weighed in on S. Barclays raised their target price on shares of SentinelOne from $16.00 to $19.00 and gave the company an "equal weight" rating in a report on Wednesday, May 20th. Sanford C. Bernstein set a $19.00 target price on shares of SentinelOne and gave the company an "outperform" rating in a report on Friday, March 13th. Stephens reduced their target price on shares of SentinelOne from $20.00 to $18.00 and set an "overweight" rating on the stock in a report on Friday, March 13th. Scotiabank reduced their target price on shares of SentinelOne from $17.00 to $15.00 and set a "sector perform" rating on the stock in a report on Friday, March 13th. Finally, Cantor Fitzgerald raised their target price on shares of SentinelOne from $18.00 to $24.00 and gave the company an "overweight" rating in a report on Wednesday. Sixteen analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $19.80.

SentinelOne Trading Up 1.3%

NYSE S traded up $0.24 during trading hours on Thursday, reaching $18.19. The company had a trading volume of 16,868,948 shares, compared to its average volume of 8,154,522. The stock has a 50-day moving average of $14.84 and a 200 day moving average of $14.74. SentinelOne has a 1-year low of $11.81 and a 1-year high of $21.40. The stock has a market capitalization of $6.19 billion, a P/E ratio of -13.36 and a beta of 0.78.

SentinelOne (NYSE:S - Get Free Report) last posted its earnings results on Thursday, March 12th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.01. The company had revenue of $271.15 million for the quarter, compared to analysts' expectations of $271.18 million. SentinelOne had a negative net margin of 45.02% and a negative return on equity of 15.04%. SentinelOne's revenue for the quarter was up 20.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.04 earnings per share. SentinelOne has set its FY 2027 guidance at 0.320-0.380 EPS and its Q1 2027 guidance at 0.010-0.020 EPS. As a group, sell-side analysts predict that SentinelOne will post -0.6 EPS for the current year.

Insider Activity

In related news, CEO Tomer Weingarten sold 231,664 shares of SentinelOne stock in a transaction on Monday, May 4th. The shares were sold at an average price of $15.32, for a total value of $3,549,092.48. Following the transaction, the chief executive officer directly owned 2,012,771 shares in the company, valued at $30,835,651.72. This trade represents a 10.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Barry L. Padgett sold 32,221 shares of SentinelOne stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $13.37, for a total transaction of $430,794.77. Following the completion of the transaction, the chief financial officer owned 643,650 shares in the company, valued at approximately $8,605,600.50. This trade represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 527,586 shares of company stock valued at $7,638,793. Corporate insiders own 4.27% of the company's stock.

Hedge Funds Weigh In On SentinelOne

Hedge funds and other institutional investors have recently bought and sold shares of the company. Caprock Group LLC increased its position in SentinelOne by 2,275.2% during the 4th quarter. Caprock Group LLC now owns 7,749,446 shares of the company's stock worth $116,242,000 after purchasing an additional 7,423,177 shares in the last quarter. AQR Capital Management LLC increased its position in SentinelOne by 93.4% during the 4th quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company's stock worth $123,182,000 after purchasing an additional 3,965,519 shares in the last quarter. Norges Bank purchased a new stake in SentinelOne during the 4th quarter worth about $54,770,000. First Trust Advisors LP increased its position in SentinelOne by 38.1% during the 4th quarter. First Trust Advisors LP now owns 13,146,797 shares of the company's stock worth $197,202,000 after purchasing an additional 3,624,707 shares in the last quarter. Finally, Diamond Hill Capital Management Inc. purchased a new stake in SentinelOne during the 4th quarter worth about $35,781,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

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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