FY2025 EPS Estimates for SentinelOne Decreased by Scotiabank

SentinelOne, Inc. (NYSE:S) – Equities research analysts at Scotiabank reduced their FY2025 earnings per share estimates for SentinelOne in a report issued on Wednesday, January 8th. Scotiabank analyst P. Colville now expects that the company will post earnings per share of ($0.77) for the year, down from their previous estimate of ($0.73). Scotiabank currently has a “Sector Perform” rating and a $26.00 target price on the stock. The consensus estimate for SentinelOne’s current full-year earnings is ($0.76) per share.

Several other equities analysts have also recently issued reports on the company. Susquehanna boosted their price objective on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. DA Davidson boosted their price target on SentinelOne from $23.00 to $25.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a “hold” rating to a “buy” rating and raised their price objective for the stock from $25.00 to $32.00 in a research note on Tuesday, November 12th. Canaccord Genuity Group reiterated a “buy” rating and issued a $30.00 target price on shares of SentinelOne in a research note on Friday, October 18th. Finally, Barclays lowered their price target on shares of SentinelOne from $30.00 to $28.00 and set an “equal weight” rating on the stock in a report on Thursday, December 5th. One research analyst has rated the stock with a sell rating, six have given a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.46.

SentinelOne Trading Down 0.2 %

Shares of SentinelOne stock opened at $22.46 on Friday. The firm’s 50 day simple moving average is $25.10 and its two-hundred day simple moving average is $23.88. The firm has a market capitalization of $7.22 billion, a price-to-earnings ratio of -23.89 and a beta of 0.74. SentinelOne has a 12-month low of $14.33 and a 12-month high of $30.76.

SentinelOne (NYSE:S) last posted its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The company had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $209.73 million. During the same quarter last year, the firm earned ($0.21) EPS. SentinelOne’s revenue for the quarter was up 28.3% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Sylebra Capital LLC grew its position in SentinelOne by 33.7% during the third quarter. Sylebra Capital LLC now owns 9,048,954 shares of the company’s stock valued at $216,451,000 after acquiring an additional 2,282,980 shares during the period. Eminence Capital LP lifted its stake in shares of SentinelOne by 24.2% in the 2nd quarter. Eminence Capital LP now owns 6,854,236 shares of the company’s stock valued at $144,282,000 after purchasing an additional 1,337,145 shares in the last quarter. State Street Corp grew its holdings in shares of SentinelOne by 11.3% during the 3rd quarter. State Street Corp now owns 5,072,097 shares of the company’s stock worth $121,325,000 after purchasing an additional 516,244 shares during the period. Geode Capital Management LLC increased its position in SentinelOne by 8.6% during the 3rd quarter. Geode Capital Management LLC now owns 4,485,596 shares of the company’s stock worth $107,326,000 after purchasing an additional 355,944 shares in the last quarter. Finally, Atreides Management LP raised its holdings in SentinelOne by 137.3% in the third quarter. Atreides Management LP now owns 3,802,904 shares of the company’s stock valued at $90,965,000 after buying an additional 2,200,594 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

Insiders Place Their Bets

In related news, insider Ric Smith sold 14,583 shares of the company’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $22.75, for a total transaction of $331,763.25. Following the transaction, the insider now owns 531,459 shares of the company’s stock, valued at approximately $12,090,692.25. This represents a 2.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Tomer Weingarten sold 60,864 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $22.52, for a total transaction of $1,370,657.28. Following the sale, the chief executive officer now owns 959,682 shares in the company, valued at approximately $21,612,038.64. This trade represents a 5.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 358,135 shares of company stock worth $8,757,911. Insiders own 5.60% of the company’s stock.

About SentinelOne

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.