Weekly Investment Analysts’ Ratings Changes for SentinelOne (S)

A number of firms have modified their ratings and price targets on shares of SentinelOne (NYSE: S) recently:

• 6/5/2024 – SentinelOne had its price target lowered by analysts at Citigroup Inc. from $25.00 to $20.00. They now have a “neutral” rating on the stock.
• 6/4/2024 – SentinelOne was upgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “buy” rating. They now have a $23.00 price target on the stock, down previously from $28.00.
• 6/4/2024 – SentinelOne was upgraded by analysts at Canaccord Genuity Group Inc. from a “hold” rating to a “buy” rating. They now have a $23.00 price target on the stock, down previously from $28.00.
• 6/3/2024 – SentinelOne had its price target lowered by analysts at Scotiabank from $25.00 to $18.00. They now have a “sector perform” rating on the stock.
• 6/3/2024 – SentinelOne had its price target lowered by analysts at Needham & Company LLC from $31.00 to $25.00. They now have a “buy” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at Susquehanna from $35.00 to $22.00. They now have a “positive” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at JPMorgan Chase & Co. from $31.00 to $25.00. They now have an “overweight” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at Morgan Stanley from $29.00 to $25.00. They now have an “overweight” rating on the stock.
• 5/31/2024 – SentinelOne had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $33.00 price target on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at Barclays PLC from $27.00 to $22.00. They now have an “equal weight” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at Wells Fargo & Company from $26.00 to $19.00. They now have an “equal weight” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at Loop Capital from $30.00 to $25.00. They now have a “buy” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at UBS Group AG from $29.00 to $27.00. They now have a “buy” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at BTIG Research from $30.00 to $23.00. They now have a “buy” rating on the stock.
• 5/31/2024 – SentinelOne had its price target lowered by analysts at Bank of America Co. from $35.00 to $29.00. They now have a “buy” rating on the stock.

SentinelOne Stock Performance

NYSE:S traded down $0.46 during trading hours on Monday, hitting $18.00. 284,072 shares of the company’s stock traded hands, compared to its average volume of 5,459,281. SentinelOne, Inc. has a twelve month low of $13.87 and a twelve month high of $30.76. The firm has a market cap of $5.63 billion, a P/E ratio of -17.65 and a beta of 0.59. The stock’s fifty day moving average price is $20.60 and its two-hundred day moving average price is $23.90.

SentinelOne (NYSE:S) last posted its quarterly earnings results on Thursday, May 30th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.18). The company had revenue of $186.36 million for the quarter, compared to analyst estimates of $181.11 million. SentinelOne had a negative return on equity of 16.48% and a negative net margin of 44.79%. The business’s revenue for the quarter was up 39.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.35) earnings per share. On average, equities research analysts predict that SentinelOne, Inc. will post -0.73 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO David J. Bernhardt sold 2,631 shares of SentinelOne stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $21.26, for a total transaction of $55,935.06. Following the completion of the sale, the chief financial officer now directly owns 532,380 shares in the company, valued at approximately $11,318,398.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other SentinelOne news, CFO David J. Bernhardt sold 2,631 shares of the stock in a transaction on Monday, May 6th. The shares were sold at an average price of $21.26, for a total transaction of $55,935.06. Following the transaction, the chief financial officer now directly owns 532,380 shares of the company’s stock, valued at $11,318,398.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David J. Bernhardt sold 11,221 shares of the business’s stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $22.76, for a total value of $255,389.96. Following the completion of the sale, the chief financial officer now directly owns 535,011 shares of the company’s stock, valued at approximately $12,176,850.36. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 457,422 shares of company stock worth $9,200,394. Corporate insiders own 5.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of S. Evoke Wealth LLC raised its stake in SentinelOne by 0.3% during the 4th quarter. Evoke Wealth LLC now owns 141,557 shares of the company’s stock valued at $3,884,000 after purchasing an additional 378 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of SentinelOne by 3.1% during the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 17,330 shares of the company’s stock valued at $476,000 after buying an additional 519 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of SentinelOne by 19.3% in the first quarter. Advisors Asset Management Inc. now owns 4,590 shares of the company’s stock valued at $107,000 after buying an additional 743 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in SentinelOne during the fourth quarter worth about $30,000. Finally, Aigen Investment Management LP increased its stake in SentinelOne by 14.0% during the fourth quarter. Aigen Investment Management LP now owns 13,022 shares of the company’s stock valued at $357,000 after acquiring an additional 1,595 shares during the period. Institutional investors and hedge funds own 90.87% of the company’s stock.

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.