SentinelOne (NYSE:S) Shares Gap Up Following Better-Than-Expected Earnings

SentinelOne, Inc. (NYSE:S) gapped up before the market opened on Thursday following a stronger than expected earnings report. The stock had previously closed at $20.51, but opened at $21.80. SentinelOne shares last traded at $22.2790, with a volume of 1,688,036 shares traded.

The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.66%. The company 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 company posted ($0.22) EPS. The firm’s quarterly revenue 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.

More SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reported fiscal Q2 2027 adjusted earnings of $0.08 per share, above the $0.07 consensus estimate, while revenue increased 20.6% year over year to approximately $292 million. Platform adoption, upmarket customer wins, AI-security demand and improved operating leverage supported the results. SentinelOne Q2 Earnings Beat as Platform Growth Drives Outlook Raise
• Positive Sentiment: The company raised or reaffirmed its fiscal 2027 outlook, targeting approximately $1.202 billion to $1.207 billion in revenue and $124 million to $128 million in operating income. Its third-quarter revenue forecast was broadly in line with expectations, while projected EPS was above the cited consensus. SentinelOne Fiscal 2027 Forecast
• Positive Sentiment: Several analysts raised their price targets following the results. Scotiabank, TD Cowen, Needham, Canaccord Genuity, Citizens JMP and Cantor Fitzgerald moved targets as high as $26, while maintaining bullish or outperform ratings. SentinelOne Analysts Increase Their Forecasts After Q2 Results
• Positive Sentiment: Unusually heavy call-option activity indicates some traders are positioning for additional upside, although options activity is not a fundamental measure.
• Neutral Sentiment: Citigroup raised its target to $23 but retained a neutral rating, reflecting a more cautious view than the broader analyst response. Benzinga Analyst Coverage
• Negative Sentiment: Investors focused on a trimmed or less compelling full-year profit outlook despite the revenue beat and record operating margin. The mixed guidance overshadowed the earnings performance and contributed to the stock’s decline. SentinelOne Slides as Profit Guide Weighs
• Negative Sentiment: Execution concerns remain: large-customer and annual recurring revenue growth decelerated, gross margin contracted amid competition, and the company continues to report substantial net losses. SentinelOne Stay On The Sidelines

Wall Street Analyst Weigh In

Several brokerages have weighed in on S. Scotiabank reaffirmed an “outperform” rating on shares of SentinelOne in a research note on Friday. Wolfe Research set a $20.00 price objective on SentinelOne in a research report on Friday, May 29th. Sanford C. Bernstein increased their target price on SentinelOne from $19.00 to $21.00 and gave the company an “outperform” rating in a report on Friday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $25.00 target price on shares of SentinelOne in a research report on Friday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $15.50 price target on shares of SentinelOne in a research report on Friday, May 29th. Sixteen 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.09.

Insider Activity at SentinelOne

In other news, CAO Robin Tomasello sold 5,467 shares of SentinelOne stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total value of $109,777.36. Following the completion of the sale, the chief accounting officer owned 439,863 shares of the company’s stock, valued at $8,832,449.04. The trade was a 1.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 6,230 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $20.09, for a total value of $125,160.70. Following the completion of the transaction, the insider owned 737,716 shares of the company’s stock, valued at $14,820,714.44. The trade was a 0.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Allied Private Wealth LLC acquired a new position in shares of SentinelOne in the 2nd quarter valued at approximately $25,000. Allworth Financial LP raised its holdings in SentinelOne by 102.4% in the third quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Danske Bank A S acquired a new stake in SentinelOne in the third quarter valued at $26,000. EFG International AG bought a new position in SentinelOne during the 4th quarter valued at $41,000. Finally, Root Financial Partners LLC grew its holdings in SentinelOne by 4,582.8% during the 1st quarter. Root Financial Partners LLC now owns 4,355 shares of the company’s stock worth $56,000 after acquiring an additional 4,262 shares in the last quarter. Institutional investors and hedge funds own 90.87% of the company’s stock.

SentinelOne Stock Performance

The company’s fifty day simple moving average is $19.33 and its two-hundred day simple moving average is $16.29. The company has a market capitalization of $7.39 billion, a price-to-earnings ratio of -21.35 and a beta of 0.79.

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.