SentinelOne, Inc. (NYSE:S) Stock Has Average Target Price of $23.64

Shares of SentinelOne, Inc. (NYSE:S) have received an average rating of “Moderate Buy” from the twenty-nine analysts that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and sixteen have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $23.74.

A number of research analysts have issued reports on S shares. Oppenheimer lifted their target price on SentinelOne from $21.00 to $27.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Wells Fargo & Company upped their target price on SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a report on Monday, August 17th. Piper Sandler increased their target price on SentinelOne from $15.00 to $20.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Cantor Fitzgerald restated an “overweight” rating and set a $26.00 price target on shares of SentinelOne in a report on Friday, August 28th. Finally, Needham & Company LLC upped their price objective on SentinelOne from $20.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, August 28th.

Insider Activity

In other news, insider Keenan Conder sold 26,374 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $20.08, for a total value of $529,589.92. Following the sale, the insider directly owned 956,358 shares of the company’s stock, valued at approximately $19,203,668.64. This represents a 2.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 114,890 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $19.89, for a total value of $2,285,162.10. Following the completion of the transaction, the chief executive officer directly owned 1,744,878 shares in the company, valued at $34,705,623.42. This represents a 6.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 356,313 shares of company stock worth $7,031,863. 4.27% of the stock is owned by insiders.

Hedge Funds Weigh In On SentinelOne

A number of institutional investors have recently modified their holdings of S. Geode Capital Management LLC grew its position in SentinelOne by 4.2% in the 4th quarter. Geode Capital Management LLC now owns 5,574,144 shares of the company’s stock valued at $83,630,000 after purchasing an additional 226,173 shares during the period. Wellington Management Group LLP raised its holdings in SentinelOne by 216.0% during the second quarter. Wellington Management Group LLP now owns 5,015,311 shares of the company’s stock worth $85,110,000 after buying an additional 3,428,192 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of SentinelOne by 11.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,592,248 shares of the company’s stock valued at $59,142,000 after buying an additional 461,411 shares in the last quarter. Swedbank AB grew its holdings in shares of SentinelOne by 9.8% during the first quarter. Swedbank AB now owns 4,183,973 shares of the company’s stock valued at $53,890,000 after buying an additional 374,659 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of SentinelOne during the fourth quarter worth about $54,770,000. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Stock Up 0.1%

Shares of NYSE S opened at $25.09 on Wednesday. The business’s 50 day moving average price is $21.55 and its two-hundred day moving average price is $17.82. The company has a market cap of $8.73 billion, a PE ratio of -24.84 and a beta of 0.70. SentinelOne has a twelve month low of $11.81 and a twelve month high of $25.75.

SentinelOne (NYSE:S) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period last year, the business posted ($0.22) earnings per share. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, research analysts anticipate that SentinelOne will post -0.46 EPS for the current fiscal year.

About SentinelOne

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.