SentinelOne - S Stock Forecast, Price & News

SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. The company's Extended Detection and Response (XDR) data stack that fuses together the data, access, control, and integration planes of endpoint protection platform, endpoint detection and response, cloud workload protection platform, and IoT security into a centralized platform. Its Singularity XDR Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats. The company was formerly known as Sentinel Labs, Inc. and changed its name to SentinelOne, Inc. in March 2021. SentinelOne, Inc. was incorporated in 2013 and is headquartered in Mountain View, California.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of SentinelOne from $35.00 to $30.00 in a research note on Thursday, June 2nd. JMP Securities decreased their price target on shares of SentinelOne from $65.00 to $42.00 and set a "market outperform" rating on the stock in a research note on Thursday, June 2nd. Cowen restated a "buy" rating and set a $45.00 target price on shares of SentinelOne in a research report on Thursday, June 2nd. Citigroup decreased their target price on shares of SentinelOne from $30.00 to $28.00 in a research report on Friday, July 22nd. Finally, DA Davidson decreased their target price on shares of SentinelOne from $42.00 to $36.00 and set a "buy" rating on the stock in a research report on Thursday, June 2nd. One analyst has rated the stock with a sell rating, four have given a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat, SentinelOne has an average rating of "Moderate Buy" and a consensus target price of $38.59.

SentinelOne Stock Up 0.4 %

S Stock opened at $26.36 on Friday. The company has a fifty day moving average price of $24.50 and a 200-day moving average price of $31.87. SentinelOne has a 52-week low of $18.64 and a 52-week high of $78.53.

SentinelOne (NYSE:S - Get Rating) last posted its quarterly earnings data on Wednesday, June 1st. The company reported ($0.21) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.03. SentinelOne had a negative net margin of 121.43% and a negative return on equity of 17.75%. The company had revenue of $78.30 million during the quarter, compared to analysts' expectations of $74.64 million. SentinelOne's revenue for the quarter was up 109.4% on a year-over-year basis. On average, equities research analysts anticipate that SentinelOne will post -1.24 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Robert S. Schwartz purchased 10,000 shares of SentinelOne stock in a transaction on Friday, June 3rd. The stock was acquired at an average cost of $23.98 per share, for a total transaction of $239,800.00. Following the completion of the acquisition, the insider now owns 10,000 shares of the company's stock, valued at approximately $239,800. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. In other SentinelOne news, insider Robert S. Schwartz acquired 10,000 shares of the company's stock in a transaction on Friday, June 3rd. The shares were purchased at an average cost of $23.98 per share, with a total value of $239,800.00. Following the completion of the purchase, the insider now owns 10,000 shares of the company's stock, valued at $239,800. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Keenan Michael Conder sold 1,724 shares of the firm's stock in a transaction on Monday, June 6th. The shares were sold at an average price of $24.21, for a total transaction of $41,738.04. Following the completion of the transaction, the insider now directly owns 159,823 shares in the company, valued at $3,869,314.83. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,152,683 shares of company stock worth $46,368,124. 7.48% of the stock is currently owned by company insiders.