SentinelOne (NYSE:S) Given New $26.00 Price Target at Needham & Company LLC

SentinelOne (NYSE:S) had its price objective increased by Needham & Company LLC from $20.00 to $26.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Needham & Company LLC’s target price indicates a potential upside of 14.10% from the company’s previous close.

Several other equities research analysts have also recently commented on the stock. Wells Fargo & Company lifted their price target on shares of SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Monday, August 17th. TD Cowen upped their price target on shares of SentinelOne from $22.00 to $25.00 and gave the company a “buy” rating in a report on Monday, August 17th. Weiss Ratings raised shares of SentinelOne from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 21st. Barclays set a $23.00 target price on SentinelOne in a report on Friday. Finally, Jefferies Financial Group set a $26.00 price objective on shares of SentinelOne in a research report on Friday. Nineteen analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.33.

SentinelOne Stock Performance

NYSE:S opened at $22.79 on Friday. SentinelOne has a 52 week low of $11.81 and a 52 week high of $23.95. The stock’s 50 day moving average price is $19.20 and its 200 day moving average price is $16.25. The company has a market capitalization of $7.81 billion, a P/E ratio of -23.74 and a beta of 0.79.

SentinelOne (NYSE:S) last posted 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. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. The business had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. During the same period in the prior year, the firm earned ($0.22) EPS. SentinelOne’s quarterly revenue was up 20.6% compared to the same quarter last year. 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 forecast that SentinelOne will post -0.44 earnings per share for the current fiscal year.

Insider Activity at SentinelOne

In other SentinelOne news, insider Keenan Michael Conder sold 26,374 shares of SentinelOne stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $529,589.92. Following the transaction, the insider directly 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 5,467 shares of the stock in a transaction dated Thursday, August 6th. The shares were 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 directly owned 439,863 shares of the company’s stock, valued at approximately $8,832,449.04. The trade was a 1.23% decrease in their position. 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 90 days, insiders sold 423,705 shares of company stock valued at $7,369,527. Corporate insiders own 4.27% of the company’s stock.

Hedge Funds Weigh In On SentinelOne

Institutional investors have recently added to or reduced their stakes in the business. Corient Private Wealth LP lifted its position in shares of SentinelOne by 801.7% during the 2nd quarter. Corient Private Wealth LP now owns 134,418 shares of the company’s stock valued at $2,281,000 after acquiring an additional 119,511 shares during the period. California State Teachers Retirement System grew its holdings in 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 worth $104,321,000 after purchasing an additional 5,789,226 shares during the period. HB Wealth Management LLC grew its holdings in SentinelOne by 43.0% in the second quarter. HB Wealth Management LLC now owns 37,206 shares of the company’s stock worth $631,000 after purchasing an additional 11,190 shares during the period. Odyssean LLC increased its stake in 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 purchasing an additional 35,950 shares in the last quarter. Finally, Nykredit A S acquired a new position in shares of SentinelOne during the second quarter valued at about $214,000. 90.87% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about SentinelOne

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: Quarterly results exceeded expectations. SentinelOne reported fiscal second-quarter revenue of approximately $292 million, up 20.6% year over year and slightly above consensus, while adjusted EPS of $0.08 topped the $0.07 estimate. The results indicate continued demand for the company’s endpoint and cloud security products. SentinelOne Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Profitability outlook was materially upgraded. SentinelOne now expects fiscal 2027 adjusted EPS of $0.30-$0.32, compared with a prior consensus estimate calling for a loss, and third-quarter EPS of $0.08-$0.09. Full-year revenue guidance of approximately $1.202-$1.207 billion is broadly in line with expectations, while the company is targeting $124-$128 million in operating income. SentinelOne FY 2027 Forecast
• Positive Sentiment: Sector momentum provided an additional catalyst. A broader cybersecurity-sector re-rating lifted several security software stocks, as investors rotated into companies previously viewed as laggards. This helped amplify the positive reaction to SentinelOne’s earnings and outlook. Cybersecurity Re-Rating
• Neutral Sentiment: SentinelOne’s new cyber-risk research highlights how attackers are increasingly targeting vendor ecosystems and edge-device environments. The findings support the long-term need for cybersecurity spending but do not immediately change the company’s financial outlook. SentinelOne Cyber Risk Research
• Negative Sentiment: Losses and execution risks remain. Despite the adjusted-profit guidance, SentinelOne continues to report negative GAAP margins and substantial operating losses. Some investors also viewed revenue guidance as merely in line rather than a significant upside surprise, explaining the initial post-earnings weakness. Mixed Guidance Overshadows Results

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.