SentinelOne, Inc. (NYSE:S – Get Free Report) has earned an average recommendation of “Moderate Buy” from the twenty-five analysts that are currently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation, eighteen have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $27.96.
A number of equities analysts recently commented on the company. Wells Fargo & Company upped their target price on SentinelOne from $29.00 to $30.00 and gave the company an “overweight” rating in a report on Wednesday, August 28th. Barclays upped their price objective on shares of SentinelOne from $26.00 to $28.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 28th. Bank of America cut their target price on shares of SentinelOne from $35.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, May 31st. Canaccord Genuity Group raised shares of SentinelOne from a “hold” rating to a “buy” rating and decreased their price target for the stock from $28.00 to $23.00 in a research note on Tuesday, June 4th. Finally, Westpark Capital reaffirmed a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research report on Monday, August 26th.
Insider Buying and Selling at SentinelOne
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Evoke Wealth LLC increased its stake in SentinelOne by 0.3% in the 4th quarter. Evoke Wealth LLC now owns 141,557 shares of the company’s stock worth $3,884,000 after buying an additional 378 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of SentinelOne by 49.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after purchasing an additional 434 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in SentinelOne by 3.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 17,330 shares of the company’s stock valued at $476,000 after purchasing an additional 519 shares during the period. Sugarloaf Wealth Management LLC lifted its holdings in SentinelOne by 56.0% in the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock worth $41,000 after purchasing an additional 700 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in SentinelOne by 19.3% in the 1st quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock worth $107,000 after purchasing an additional 743 shares during the period. 90.87% of the stock is currently owned by institutional investors.
SentinelOne Trading Down 1.0 %
NYSE S opened at $21.79 on Tuesday. The firm has a market cap of $6.91 billion, a PE ratio of -21.36 and a beta of 0.67. SentinelOne has a 1-year low of $14.33 and a 1-year high of $30.76. The stock has a 50-day moving average of $22.28 and a 200-day moving average of $22.02.
SentinelOne (NYSE:S – Get Free Report) last issued its earnings results on Tuesday, August 27th. The company reported $0.01 earnings per share (EPS) for the quarter. SentinelOne had a negative net margin of 38.91% and a negative return on equity of 15.42%. The firm had revenue of $198.94 million for the quarter, compared to analysts’ expectations of $197.32 million. During the same quarter last year, the business earned ($0.26) earnings per share. The business’s revenue was up 33.1% on a year-over-year basis. As a group, equities research analysts forecast that SentinelOne will post -0.73 earnings per share for the current fiscal year.
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.
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