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.

SentinelOne Price Performance

S traded down $1.92 during trading on Tuesday, hitting $25.34. The company's stock had a trading volume of 48,071 shares, compared to its average volume of 2,682,204. SentinelOne has a twelve month low of $18.64 and a twelve month high of $78.53. The stock has a market cap of $7.07 billion, a PE ratio of -17.80 and a beta of 1.57. The firm's 50 day moving average price is $24.51 and its 200-day moving average price is $31.71.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on S shares. Cowen reissued a "buy" rating and issued a $45.00 price objective on shares of SentinelOne in a research note on Thursday, June 2nd. DA Davidson dropped their price target on shares of SentinelOne from $42.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, June 2nd. JMP Securities reduced their price objective on shares of SentinelOne from $65.00 to $42.00 and set a "market outperform" rating for the company in a research report on Thursday, June 2nd. Barclays boosted their target price on SentinelOne from $28.00 to $29.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 2nd. Finally, Piper Sandler reduced their price target on SentinelOne from $35.00 to $29.00 and set a "neutral" rating for the company in a report on Thursday, June 2nd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, SentinelOne presently has an average rating of "Moderate Buy" and a consensus target price of $38.59.

Insider Activity at SentinelOne

In other news, major shareholder Daniel S. Loeb sold 1,000,000 shares of the business's stock in a transaction dated Monday, June 13th. The stock was sold at an average price of $20.66, for a total transaction of $20,660,000.00. Following the completion of the sale, the insider now owns 2,288,575 shares in the company, valued at approximately $47,281,959.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other SentinelOne news, major shareholder Daniel S. Loeb sold 1,150,959 shares of the business's stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $22.30, for a total transaction of $25,666,385.70. Following the transaction, the insider now owns 1,309,939 shares in the company, valued at $29,211,639.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, major shareholder Daniel S. Loeb sold 1,000,000 shares of the company's stock in a transaction dated Monday, June 13th. The stock was sold at an average price of $20.66, for a total value of $20,660,000.00. Following the completion of the sale, the insider now directly owns 2,288,575 shares of the company's stock, valued at approximately $47,281,959.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,152,683 shares of company stock worth $46,368,124. 7.48% of the stock is owned by insiders.