Robert W. Baird Forecasts Strong Price Appreciation for SentinelOne (NYSE:S) Stock

SentinelOne (NYSE:S) had its target price hoisted by analysts at Robert W. Baird from $25.00 to $28.00 in a report released on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 17.66% from the company’s previous close.

A number of other brokerages have also recently issued reports on S. UBS Group raised their target price on SentinelOne from $16.00 to $24.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $26.00 price target on shares of SentinelOne in a research note on Friday, August 28th. Wedbush began coverage on shares of SentinelOne in a research report on Friday, September 11th. They issued an “outperform” rating and a $25.00 price target on the stock. Morgan Stanley lifted their price objective on shares of SentinelOne from $17.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Finally, Sanford C. Bernstein lowered shares of SentinelOne from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $21.00 to $25.00 in a research note on Thursday, September 17th. Seventeen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $24.05.

SentinelOne Stock Down 7.3%

S stock opened at $23.80 on Wednesday. SentinelOne has a twelve month low of $11.81 and a twelve month high of $26.50. The company has a market cap of $8.28 billion, a P/E ratio of -23.56 and a beta of 0.70. The business’s fifty day moving average is $22.43 and its 200-day moving average is $18.38.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The business had revenue of $291.98 million during the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.73% and a negative net margin of 30.95%. The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the firm 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. Research analysts anticipate that SentinelOne will post -0.46 earnings per share for the current fiscal year.

Insider Buying and Selling at SentinelOne

In other SentinelOne news, insider Ana Pinczuk sold 16,042 shares of SentinelOne stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $25.33, for a total transaction of $406,343.86. Following the transaction, the insider directly owned 721,674 shares in the company, valued at approximately $18,280,002.42. The trade was a 2.17% decrease in their ownership of the stock. The transaction was disclosed in a legal 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, CAO Robin Tomasello sold 13,311 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $19.95, for a total value of $265,554.45. Following the completion of the transaction, the chief accounting officer directly owned 405,112 shares of the company’s stock, valued at approximately $8,081,984.40. The trade was a 3.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 915,183 shares of company stock worth $21,151,124 in the last three months. 4.27% of the stock is owned by insiders.

Hedge Funds Weigh In On SentinelOne

Several institutional investors have recently modified their holdings of S. Krilogy Financial LLC grew its position in shares of SentinelOne by 3.7% in the 3rd quarter. Krilogy Financial LLC now owns 30,887 shares of the company’s stock valued at $793,000 after purchasing an additional 1,093 shares during the period. GAMMA Investing LLC increased its stake in SentinelOne by 40.9% during the 3rd quarter. GAMMA Investing LLC now owns 5,191 shares of the company’s stock worth $123,000 after purchasing an additional 1,506 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in SentinelOne by 15.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 18,533 shares of the company’s stock worth $440,000 after buying an additional 2,511 shares during the period. Valeo Financial Advisors LLC acquired a new stake in SentinelOne during the 3rd quarter worth approximately $225,000. Finally, Engineers Gate Manager LP raised its holdings in SentinelOne by 431.2% during the 2nd quarter. Engineers Gate Manager LP now owns 331,082 shares of the company’s stock worth $5,618,000 after buying an additional 268,751 shares during the period. Institutional investors own 90.87% of the company’s stock.

About SentinelOne

SentinelOne, Inc (NYSE:S) is a cybersecurity company that develops artificial intelligence-powered software to help organizations prevent, detect, investigate and respond to cyber threats. Its Singularity Platform is designed to protect enterprise endpoints, cloud workloads, identities and other connected assets across an organization’s technology environment.

The company’s offerings include endpoint protection and detection and response, cloud security, identity security, security operations tools and data management capabilities.