Shares of SentinelOne, Inc. (NYSE:S – Get Free Report) have earned an average recommendation of “Moderate Buy” from the twenty-seven analysts that are currently covering the stock, Marketbeat.com reports. Eight analysts have rated the stock with a hold recommendation, seventeen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $24.94.
Several analysts recently commented on the stock. Guggenheim restated a “buy” rating and set a $23.00 price target on shares of SentinelOne in a report on Tuesday, June 25th. Barclays dropped their price target on shares of SentinelOne from $27.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Friday, May 31st. Citigroup reduced their price objective on SentinelOne from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Wednesday, June 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $25.00 target price on shares of SentinelOne in a research report on Friday, July 12th. Finally, Loop Capital reduced their price target on SentinelOne from $30.00 to $25.00 and set a “buy” rating for the company in a report on Friday, May 31st.
Read Our Latest Report on SentinelOne
Insiders Place Their Bets
Hedge Funds Weigh In On SentinelOne
Institutional investors have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. acquired a new position in SentinelOne during the 4th quarter valued at about $30,000. Blue Trust Inc. acquired a new position in SentinelOne in the second quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC grew its holdings in SentinelOne by 49.1% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,318 shares of the company’s stock worth $28,000 after acquiring an additional 434 shares during the period. Sugarloaf Wealth Management LLC raised its position in shares of SentinelOne by 56.0% during the 2nd quarter. Sugarloaf Wealth Management LLC now owns 1,950 shares of the company’s stock valued at $41,000 after acquiring an additional 700 shares during the last quarter. Finally, Unique Wealth Strategies LLC acquired a new position in shares of SentinelOne in the 2nd quarter valued at $49,000. 90.87% of the stock is owned by institutional investors.
SentinelOne Stock Up 1.1 %
Shares of NYSE:S opened at $24.01 on Friday. The company’s fifty day moving average is $20.93 and its two-hundred day moving average is $22.50. The company has a market cap of $7.51 billion, a P/E ratio of -23.53 and a beta of 0.66. SentinelOne has a 12-month low of $14.33 and a 12-month high of $30.76.
SentinelOne (NYSE:S – Get Free Report) last posted its quarterly earnings results on Thursday, May 30th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.18). SentinelOne had a negative net margin of 44.79% and a negative return on equity of 16.48%. The business had revenue of $186.36 million for the quarter, compared to analyst estimates of $181.11 million. During the same period in the previous year, the firm posted ($0.35) earnings per share. The firm’s quarterly revenue was up 39.7% on a year-over-year basis. Equities research analysts anticipate that SentinelOne will post -0.73 earnings per share for the current year.
SentinelOne Company Profile
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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