SentinelOne (NYSE:S) Given New $20.00 Price Target at Needham & Company LLC

Key Points

• Needham & Company LLC raised SentinelOne’s price target from $18 to $20 while maintaining a buy rating, implying about 16.9% upside from the current price.
• SentinelOne’s latest quarter beat EPS expectations at $0.04 versus $0.02 expected, and revenue grew 20.8% year over year to $276.66 million, though revenue was slightly below estimates.
• Analyst sentiment remains broadly positive overall, with 17 Buy, 11 Hold, and 1 Sell ratings, and the stock’s average price target sits at $19.60.

SentinelOne (NYSE:S - Get Free Report) had its price target raised by analysts at Needham & Company LLC from $18.00 to $20.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Needham & Company LLC's price target indicates a potential upside of 16.92% from the company's current price.

Several other brokerages have also recently commented on S. JPMorgan Chase & Co. boosted their price objective on shares of SentinelOne from $16.00 to $20.00 and gave the stock a "neutral" rating in a research note on Thursday. Sanford C. Bernstein set a $19.00 price objective on shares of SentinelOne and gave the stock an "outperform" rating in a research note on Friday, March 13th. UBS Group restated a "neutral" rating and set a $16.00 price objective on shares of SentinelOne in a research note on Friday. Guggenheim restated a "buy" rating and set a $24.00 price objective on shares of SentinelOne in a research note on Friday, March 13th. Finally, The Goldman Sachs Group lowered their price objective on shares of SentinelOne from $16.50 to $14.50 and set a "neutral" rating on the stock in a research note on Friday, March 13th. 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. Based on data from MarketBeat, SentinelOne presently has an average rating of "Moderate Buy" and an average price target of $19.60.

SentinelOne Price Performance

Shares of NYSE S traded down $0.92 during midday trading on Friday, reaching $17.11. 17,469,684 shares of the stock were exchanged, compared to its average volume of 8,341,766. The company has a market capitalization of $5.82 billion, a price-to-earnings ratio of -12.61 and a beta of 0.78. SentinelOne has a 12 month low of $11.81 and a 12 month high of $21.40. The business has a 50-day simple moving average of $14.91 and a two-hundred day simple moving average of $14.74.

SentinelOne (NYSE:S - Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. The business had revenue of $276.66 million for the quarter, compared to analysts' expectations of $277.32 million. SentinelOne had a negative net margin of 45.02% and a negative return on equity of 15.04%. The firm's revenue was up 20.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.02 EPS. SentinelOne has set its Q2 2027 guidance at 0.060-0.080 EPS and its FY 2027 guidance at 0.320-0.380 EPS. Equities research analysts expect that SentinelOne will post -0.6 earnings per share for the current fiscal year.

Insider Activity at SentinelOne

In related news, CEO Tomer Weingarten sold 21,960 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $15.65, for a total value of $343,674.00. Following the completion of the transaction, the chief executive officer owned 1,990,811 shares of the company's stock, valued at $31,156,192.15. This represents a 1.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 Michael Conder sold 4,550 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $15.65, for a total transaction of $71,207.50. Following the completion of the transaction, the insider directly owned 991,133 shares of the company's stock, valued at approximately $15,511,231.45. The trade was a 0.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 527,586 shares of company stock worth $7,638,793 in the last 90 days. Corporate insiders own 4.27% of the company's stock.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. grew its stake in SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company's stock worth $63,000 after buying an additional 692 shares in the last quarter. Allworth Financial LP grew its stake in SentinelOne by 102.4% in the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company's stock worth $25,000 after buying an additional 726 shares in the last quarter. Diversify Advisory Services LLC grew its stake in SentinelOne by 3.5% in the 4th quarter. Diversify Advisory Services LLC now owns 22,492 shares of the company's stock worth $313,000 after buying an additional 753 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in SentinelOne by 0.9% in the 1st quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company's stock worth $1,154,000 after buying an additional 784 shares in the last quarter. Finally, Main Management ETF Advisors LLC grew its stake in SentinelOne by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company's stock worth $1,233,000 after buying an additional 840 shares in the last quarter. 90.87% of the stock is currently owned by institutional investors and hedge funds.

SentinelOne News Summary

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne beat first-quarter EPS estimates, reporting $0.04 per share versus $0.02 expected, and revenue still grew about 21% year over year. Article Title
• Positive Sentiment: Several brokers remain constructive, with Wedbush and Rosenblatt reaffirming bullish ratings and price targets near $20, and Bank of America upgrading the stock to buy. Article Title
• Neutral Sentiment: Management says the layoffs are part of a restructuring aimed at funding higher-priority AI and cloud investments, which could improve efficiency over time but also signals near-term operational pressure. Article Title
• Negative Sentiment: Investors are reacting to weak guidance: SentinelOne’s Q2 revenue outlook came in below expectations, and full-year guidance was also viewed as soft, which outweighed the earnings beat. Article Title
• Negative Sentiment: Barclays cut its price target to $16 and kept an equal-weight rating, reinforcing concerns that the stock may struggle without a clearer growth acceleration. Article Title

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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