Scotiabank Forecasts Strong Price Appreciation for SentinelOne (NYSE:S) Stock

SentinelOne (NYSE:S) had its price target increased by investment analysts at Scotiabank from $23.50 to $26.00 in a research note issued to investors on Friday,Benzinga reports. The firm presently has a “sector outperform” rating on the stock. Scotiabank’s price target suggests a potential upside of 23.40% from the stock’s previous close.

A number of other brokerages have also recently issued reports on S. Wolfe Research set a $20.00 target price on SentinelOne in a report on Friday, May 29th. Wells Fargo & Company upped their price objective on shares of SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a report on Monday, August 17th. Wedbush reiterated an “outperform” rating and set a $20.00 price objective on shares of SentinelOne in a report on Friday, May 29th. Sanford C. Bernstein boosted their target price on shares of SentinelOne from $19.00 to $21.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Bank of America upgraded shares of SentinelOne from a “neutral” rating to a “buy” rating and upped their target price for the stock from $16.00 to $20.00 in a report on Friday, May 29th. Seventeen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, SentinelOne presently has an average rating of “Moderate Buy” and an average target price of $23.08.

SentinelOne Price Performance

Shares of S stock traded down $1.64 on Friday, reaching $21.07. 11,172,995 shares of the company were exchanged, compared to its average volume of 7,998,425. The company has a market cap of $7.22 billion, a price-to-earnings ratio of -21.95 and a beta of 0.79. The company has a 50-day moving average of $19.20 and a 200-day moving average of $16.25. SentinelOne has a one year low of $11.81 and a one year high of $23.95.

SentinelOne (NYSE:S) last issued its earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during 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%.The firm’s revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($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, sell-side analysts predict that SentinelOne will post -0.44 EPS for the current year.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, CAO Robin Tomasello sold 11,905 shares of SentinelOne stock in a transaction on Monday, June 8th. The shares were sold at an average price of $15.70, for a total transaction of $186,908.50. Following the transaction, the chief accounting officer directly owned 445,330 shares of the company’s stock, valued at $6,991,681. The trade was a 2.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Keenan Michael Conder sold 26,374 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $529,589.92. Following the completion of the sale, the insider owned 956,358 shares of the company’s stock, valued at approximately $19,203,668.64. The trade was a 2.68% decrease in their position. 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. In the last quarter, insiders sold 423,705 shares of company stock worth $7,369,527. 4.27% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LP grew its position in SentinelOne by 801.7% in the 2nd quarter. Corient Private Wealth LP now owns 134,418 shares of the company’s stock worth $2,281,000 after purchasing an additional 119,511 shares in the last quarter. California State Teachers Retirement System boosted its stake in shares of SentinelOne by 1,616.3% in the 2nd quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company’s stock worth $104,321,000 after buying an additional 5,789,226 shares during the last quarter. HB Wealth Management LLC boosted its stake in shares of SentinelOne by 43.0% in the 2nd quarter. HB Wealth Management LLC now owns 37,206 shares of the company’s stock worth $631,000 after buying an additional 11,190 shares during the last quarter. Odyssean LLC grew its holdings in shares of SentinelOne by 38.0% in the second quarter. Odyssean LLC now owns 130,431 shares of the company’s stock valued at $2,213,000 after acquiring an additional 35,950 shares in the last quarter. Finally, Nykredit A S bought a new position in shares of SentinelOne in the second quarter valued at approximately $214,000. 90.87% of the stock is currently owned by hedge funds and other institutional investors.

Key SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne raised its fiscal 2027 outlook, projecting revenue of approximately $1.202 billion to $1.207 billion and adjusted EPS of $0.30 to $0.32. Third-quarter revenue guidance of $309 million to $311 million was broadly in line with expectations, while EPS guidance of $0.08 to $0.09 was well above the listed consensus estimate. S Q2 Earnings Call Spotlights AI Security and Raised Outlook
• Positive Sentiment: Several analysts raised their price targets following the results. TD Cowen lifted its target to $26 and Canaccord Genuity to $25, both maintaining buy ratings; Needham, Citizens JMP, Cantor Fitzgerald and Rosenblatt also reiterated bullish views with targets ranging from $25 to $26. SentinelOne Analysts Increase Their Forecasts After Q2 Results
• Neutral Sentiment: The broader cybersecurity sector has recently benefited from a valuation re-rating, potentially supporting SentinelOne’s shares, although this tailwind has not outweighed the company-specific guidance concerns. Cybersecurity Re-Rating Reaches the Laggards
• Negative Sentiment: Investors are concerned that the improved earnings forecast may not represent enough upside after the stock’s recent rally. Reports characterized the profit outlook as trimmed or underwhelming, causing the strong quarterly results to be overshadowed. SentinelOne Slides as Trimmed Profit Forecast Outweighs Revenue Beat
• Negative Sentiment: SentinelOne remains unprofitable on a GAAP basis, with a negative net margin and negative return on equity. Separate tracking also showed insider selling with no reported insider purchases over the past six months, a potential sentiment headwind.

About SentinelOne

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.