FBN Securities Downgrades SentinelOne (NYSE:S) to Sector Perform

SentinelOne (NYSE:S) was downgraded by investment analysts at FBN Securities from an “outperform” rating to a “sector perform” rating in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. They currently have a $24.00 target price on the stock. FBN Securities’ target price points to a potential downside of 5.40% from the stock’s current price.

A number of other equities research analysts also recently commented on S. Susquehanna lifted their price objective on SentinelOne from $20.00 to $28.00 and gave the company a “positive” rating in a research report on Monday, August 31st. Jefferies Financial Group set a $26.00 target price on SentinelOne in a research report on Friday, August 28th. Barclays raised their price target on SentinelOne from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Needham & Company LLC upped their price objective on shares of SentinelOne from $20.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Finally, The Goldman Sachs Group increased their price objective on shares of SentinelOne from $15.50 to $17.50 and gave the stock a “neutral” rating in a report on Monday, August 31st. Sixteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $23.75.

SentinelOne Stock Performance

Shares of NYSE S opened at $25.37 on Tuesday. SentinelOne has a 1 year low of $11.81 and a 1 year high of $26.33. The firm’s 50 day moving average price is $21.98 and its 200 day moving average price is $18.05. The firm has a market cap of $8.83 billion, a P/E ratio of -25.12 and a beta of 0.70.

SentinelOne (NYSE:S) last released its earnings results on Thursday, August 27th. The company reported $0.08 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 analysts’ expectations of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. SentinelOne’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period in the previous 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. As a group, equities analysts predict that SentinelOne will post -0.46 EPS for the current year.

Insiders Place Their Bets

In related news, COO Barry Padgett sold 15,460 shares of the firm’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $25.33, for a total transaction of $391,601.80. Following the sale, the chief operating officer directly owned 961,970 shares in the company, valued at approximately $24,366,700.10. This trade represents a 1.58% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana Pinczuk sold 16,042 shares of the business’s stock in a transaction that occurred on Tuesday, October 6th. The stock was sold at an average price of $25.33, for a total value of $406,343.86. Following the transaction, the insider directly owned 721,674 shares in the company, valued at $18,280,002.42. This trade represents a 2.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 915,183 shares of company stock valued at $21,151,124. Company insiders own 4.27% of the company’s stock.

Institutional Trading of SentinelOne

Hedge funds have recently made changes to their positions in the company. Engineers Gate Manager LP boosted its stake in shares of SentinelOne by 431.2% in the second quarter. Engineers Gate Manager LP now owns 331,082 shares of the company’s stock valued at $5,618,000 after purchasing an additional 268,751 shares during the period. Integrated Wealth Concepts LLC increased its stake in SentinelOne by 44.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 76,183 shares of the company’s stock worth $1,293,000 after buying an additional 23,561 shares during the period. NewEdge Advisors LLC lifted its holdings in SentinelOne by 33.8% in the 2nd quarter. NewEdge Advisors LLC now owns 22,598 shares of the company’s stock worth $383,000 after buying an additional 5,709 shares in the last quarter. IFP Advisors Inc lifted its holdings in SentinelOne by 110.1% in the 2nd quarter. IFP Advisors Inc now owns 15,847 shares of the company’s stock worth $269,000 after buying an additional 8,306 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in SentinelOne by 1,427.5% in the 2nd quarter. Squarepoint Ops LLC now owns 856,528 shares of the company’s stock valued at $14,535,000 after buying an additional 800,455 shares during the last quarter. Hedge funds and other institutional investors own 90.87% of the company’s stock.

Key SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reached a new 52-week high, reflecting continued momentum in the cybersecurity sector and investor confidence following the company’s recent earnings beat. Shares remain well above their 50-day and 200-day moving averages. SentinelOne reaches new 52-week high
• Positive Sentiment: The company is expanding its cloud threat-hunting capabilities through its Singularity Platform, broadening its protection of cloud workloads and other enterprise assets. The move supports SentinelOne’s long-term cybersecurity growth strategy, although investors are assessing whether the current valuation fully reflects that opportunity. SentinelOne expands cloud threat hunting
• Neutral Sentiment: CEO Tomer Weingarten sold 527,368 shares worth about $13.3 million under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance, it is a less direct signal about management’s view of SentinelOne’s business prospects, though it reduced his direct stake by approximately 23.5%. CEO insider sale filing
• Neutral Sentiment: COO Barry Padgett sold 15,460 shares, while insider Ana Pinczuk sold 16,042 shares. Both transactions were described as sales to cover tax-withholding obligations related to vested equity awards, reducing their negative significance. SentinelOne insider transactions
• Negative Sentiment: FBN Securities downgraded SentinelOne (S) from “outperform” to “sector perform” and set a $24 price target. The call suggests analysts see limited near-term upside after the stock’s sharp advance and may increase valuation pressure.

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.