SentinelOne (NYSE:S – Get Free Report) had its price target hoisted by analysts at Canaccord Genuity Group from $18.00 to $25.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 15.74% from the stock’s current price.
Other equities analysts have also recently issued research reports about the stock. Wedbush reissued an “outperform” rating and issued a $20.00 price target on shares of SentinelOne in a research report on Friday, May 29th. Jefferies Financial Group set a $26.00 price objective on SentinelOne in a research report on Friday. Sanford C. Bernstein reiterated an “outperform” rating and issued a $21.00 price objective (up from $19.00) on shares of SentinelOne in a research note on Friday. Rosenblatt Securities reissued a “buy” rating and set a $25.00 target price on shares of SentinelOne in a research note on Friday. Finally, Wells Fargo & Company upped their price target on SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a report on Monday, August 17th. Nineteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $22.60.
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SentinelOne Stock Down 4.9%
SentinelOne (NYSE:S – Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.SentinelOne’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.22) EPS. 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, research analysts forecast that SentinelOne will post -0.44 EPS for the current fiscal year.
Insider Activity at SentinelOne
In other SentinelOne news, COO Barry L. Padgett sold 9,778 shares of the stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $20.09, for a total value of $196,440.02. Following the transaction, the chief operating officer directly owned 977,430 shares in the company, valued at $19,636,568.70. This represents a 0.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 53,811 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $1,080,524.88. Following the sale, the chief executive officer owned 1,840,586 shares of the company’s stock, valued at $36,958,966.88. This represents a 2.84% 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 sold 423,705 shares of company stock worth $7,369,527 over the last three months. Company insiders own 4.27% of the company’s stock.
Hedge Funds Weigh In On SentinelOne
Several hedge funds have recently made changes to their positions in the company. Corient Private Wealth LP increased its position in SentinelOne by 801.7% during the second quarter. Corient Private Wealth LP now owns 134,418 shares of the company’s stock worth $2,281,000 after buying an additional 119,511 shares during the period. California State Teachers Retirement System boosted its holdings in shares of SentinelOne by 1,616.3% in the second quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company’s stock valued at $104,321,000 after acquiring an additional 5,789,226 shares during the period. HB Wealth Management LLC boosted its holdings in shares of SentinelOne by 43.0% in the second quarter. HB Wealth Management LLC now owns 37,206 shares of the company’s stock valued at $631,000 after acquiring an additional 11,190 shares during the period. Odyssean LLC grew its position in shares of SentinelOne by 38.0% during the second quarter. Odyssean LLC now owns 130,431 shares of the company’s stock worth $2,213,000 after acquiring an additional 35,950 shares during the last quarter. Finally, Nykredit A S purchased a new position in shares of SentinelOne during the second quarter worth approximately $214,000. Hedge funds and other institutional investors own 90.87% of the company’s stock.
Key Stories Impacting SentinelOne
Here are the key news stories impacting SentinelOne this week:
- Positive Sentiment: Analysts raised targets after the earnings report. Citizens JMP lifted its price target from $23 to $25 and assigned a “market outperform” rating. Needham raised its target from $20 to $26 with a “buy” rating, while Cantor Fitzgerald reaffirmed its “overweight” rating and set a $26 target. Benzinga analyst actions
- Positive Sentiment: SentinelOne exceeded quarterly earnings expectations. Fiscal second-quarter adjusted EPS was $0.08 versus the $0.07 consensus estimate, while revenue reached approximately $292 million, up 20.6% year over year and slightly above the consensus cited by MarketBeat. SentinelOne earnings report
- Positive Sentiment: Profitability guidance improved substantially. SentinelOne forecast fiscal 2027 EPS of $0.30-$0.32 and third-quarter EPS of $0.08-$0.09, both well ahead of analyst expectations for losses. Fiscal 2027 revenue guidance of roughly $1.202-$1.207 billion implies continued growth. SentinelOne fiscal 2027 guidance
- Positive Sentiment: Sector-wide strength provided an additional catalyst. A broader cybersecurity re-rating lifted SentinelOne and other lagging security stocks, suggesting investors are rotating back into the group amid strong demand for cybersecurity products. Cybersecurity sector re-rating
- Negative Sentiment: Revenue guidance was less compelling than the profitability outlook. Third-quarter revenue guidance of $309-$311 million was broadly in line with consensus, while fiscal-year revenue guidance offered limited upside. Investors also remain attentive to SentinelOne’s continuing operating and net losses, which caused some reports to characterize the outlook as mixed. SentinelOne mixed guidance report
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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