SentinelOne (NYSE:S) Shares Climb 5.4% After Analyst Upgrade

SentinelOne, Inc. (NYSE:S)’s share price shot up 5.4% during trading on Monday after Rosenblatt Securities raised their price target on the stock from $25.00 to $28.00. Rosenblatt Securities currently has a buy rating on the stock. SentinelOne traded as high as $25.26 and last traded at $25.29. 1,760,453 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 8,478,020 shares. The stock had previously closed at $24.00.

Several other research firms also recently weighed in on S. Morgan Stanley boosted their target price on shares of SentinelOne from $17.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, August 28th. The Goldman Sachs Group raised their price target on shares of SentinelOne from $15.50 to $17.50 and gave the stock a “neutral” rating in a report on Monday, August 31st. Needham & Company LLC lifted their price objective on shares of SentinelOne from $26.00 to $31.00 and gave the stock a “buy” rating in a research note on Tuesday, October 13th. Wedbush boosted their price objective on shares of SentinelOne from $25.00 to $27.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $26.00 target price on shares of SentinelOne in a research report on Friday, August 28th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $24.61.

Insider Buying and Selling

In other SentinelOne news, insider Keenan Conder sold 8,312 shares of SentinelOne stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $19.79, for a total transaction of $164,494.48. Following the completion of the transaction, the insider owned 948,046 shares in the company, valued at approximately $18,761,830.34. This trade represents a 0.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Ana G. Pinczuk sold 16,042 shares of SentinelOne stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $25.33, for a total value of $406,343.86. Following the transaction, the insider owned 721,674 shares of the company’s stock, valued at $18,280,002.42. The trade was a 2.17% 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. Insiders sold 915,183 shares of company stock valued at $21,151,124 in the last 90 days. 4.27% of the stock is currently owned by insiders.

Institutional Trading of SentinelOne

Several hedge funds and other institutional investors have recently bought and sold shares of S. Citizens Financial Group Inc. RI grew its stake in shares of SentinelOne by 41.8% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 37,679 shares of the company’s stock worth $895,000 after purchasing an additional 11,109 shares during the period. MBL Wealth LLC purchased a new position in shares of SentinelOne during the 3rd quarter valued at approximately $445,000. Northern Lights Advisors Inc. acquired a new position in shares of SentinelOne in the 3rd quarter valued at $854,000. Root Financial Partners LLC acquired a new position in shares of SentinelOne in the 3rd quarter valued at $84,000. Finally, Cyndeo Wealth Partners LLC acquired a new position in shares of SentinelOne in the 3rd quarter valued at $216,000. 90.87% of the stock is owned by institutional investors and hedge funds.

SentinelOne Price Performance

The stock’s fifty day moving average is $22.51 and its 200-day moving average is $18.91. The stock has a market capitalization of $8.81 billion, a PE ratio of -25.09 and a beta of 0.70.

SentinelOne (NYSE:S) last released its quarterly earnings results on Thursday, August 27th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.73%. The firm’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the business earned ($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. On average, analysts forecast that SentinelOne, Inc. will post -0.46 EPS for the current year.

SentinelOne Company Profile

SentinelOne, Inc is a cybersecurity company that develops artificial intelligence-powered security solutions for organizations worldwide. Its platform is designed to prevent, detect, investigate and respond to cyber threats across endpoints, cloud workloads, identities and other enterprise environments.

The company’s Singularity Platform provides capabilities including endpoint protection, extended detection and response, cloud security, identity security, vulnerability management, data lake and security information and event management functionality.