SentinelOne (NYSE:S) Stock Gets Price Target Bump from Needham & Company LLC

SentinelOne (NYSE:S) had its price target lifted by stock analysts at Needham & Company LLC from $26.00 to $31.00 in a report issued on Tuesday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s price objective suggests a potential upside of 35.50% from the stock’s current price.

A number of other brokerages have also weighed in on S. The Goldman Sachs Group lifted their price target on shares of SentinelOne from $15.50 to $17.50 and gave the company a “neutral” rating in a research note on Monday, August 31st. UBS Group increased their price objective on shares of SentinelOne from $16.00 to $24.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. Jefferies Financial Group set a $26.00 price objective on shares of SentinelOne in a report on Friday, August 28th. JPMorgan Chase & Co. raised their price objective on shares of SentinelOne from $18.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, August 21st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of SentinelOne in a research report on Friday, August 28th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $24.05.

SentinelOne Price Performance

Shares of SentinelOne stock opened at $22.88 on Tuesday. SentinelOne has a 1 year low of $11.81 and a 1 year high of $26.50. The business has a 50-day moving average of $22.47 and a two-hundred day moving average of $18.44. The company has a market capitalization of $7.96 billion, a P/E ratio of -22.65 and a beta of 0.70.

SentinelOne (NYSE:S) last released its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.01. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The business had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. During the same quarter in the previous year, the business posted ($0.22) EPS. SentinelOne’s revenue for the quarter was up 20.6% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. On average, equities analysts anticipate that SentinelOne will post -0.46 EPS for the current fiscal year.

Insider Activity at SentinelOne

In other news, insider Ana Pinczuk sold 16,042 shares of the business’s stock in a transaction on Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total value of $406,343.86. Following the sale, the insider owned 721,674 shares of the company’s stock, valued at $18,280,002.42. The trade was a 2.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 527,368 shares of the stock in a transaction on Monday, October 5th. The stock was sold at an average price of $25.26, for a total transaction of $13,321,315.68. Following the transaction, the chief executive officer owned 1,717,510 shares of the company’s stock, valued at $43,384,302.60. The trade was a 23.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 915,183 shares of company stock worth $21,151,124. 4.27% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On SentinelOne

A number of large investors have recently modified their holdings of the business. Fortitude Family Office LLC grew its holdings in shares of SentinelOne by 192.2% in the 3rd quarter. Fortitude Family Office LLC now owns 2,066 shares of the company’s stock valued at $49,000 after acquiring an additional 1,359 shares in the last quarter. Krilogy Financial LLC raised its holdings in SentinelOne by 3.7% during the third quarter. Krilogy Financial LLC now owns 30,887 shares of the company’s stock worth $793,000 after acquiring an additional 1,093 shares in the last quarter. GAMMA Investing LLC raised its holdings in SentinelOne by 40.9% during the third quarter. GAMMA Investing LLC now owns 5,191 shares of the company’s stock worth $123,000 after acquiring an additional 1,506 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in SentinelOne by 15.7% during the third quarter. Farther Finance Advisors LLC now owns 18,533 shares of the company’s stock worth $440,000 after acquiring an additional 2,511 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new position in SentinelOne during the third quarter valued at approximately $225,000. 90.87% of the stock is currently owned by institutional investors and hedge funds.

Key SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: Analyst price targets increased: Robert W. Baird raised its target from $25 to $28 and assigned an “outperform” rating, while Needham lifted its target from $26 to $31 and maintained a “buy” rating. The revisions indicate that analysts see additional upside in SentinelOne’s cybersecurity business and execution. Baird price target article Needham price target article
• Neutral Sentiment: Convertible notes priced: SentinelOne priced $1.25 billion of 0.00% convertible senior notes due 2031 in a private offering. The transaction provides substantial capital without cash interest expense, potentially supporting investments, acquisitions, or other corporate needs. SentinelOne convertible notes announcement
• Negative Sentiment: Dilution concerns are weighing on the shares: Although the notes carry no coupon, convertible debt can result in future share issuance if the stock reaches the conversion conditions, creating potential dilution for existing holders. The size of the offering also raised concerns about capital allocation and contributed to selling pressure following the announcement. RTT News convertible notes report

SentinelOne Company Profile

SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.

The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.