SentinelOne (NYSE:S) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

SentinelOne (NYSE:S) announced its quarterly earnings results on Thursday. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01, FiscalAI reports. The firm had revenue of $291.98 million for the quarter, compared to analyst estimates of $290.24 million. SentinelOne had a negative net margin of 30.39% and a negative return on equity of 15.35%. SentinelOne updated its FY 2027 guidance to 0.300-0.320 EPS and its Q3 2027 guidance to 0.080-0.090 EPS.

SentinelOne Stock Up 11.1%

Shares of S traded up $2.28 during midday trading on Thursday, hitting $22.79. The company’s stock had a trading volume of 17,940,419 shares, compared to its average volume of 7,972,132. SentinelOne has a one year low of $11.81 and a one year high of $23.95. The company’s fifty day simple moving average is $19.04 and its two-hundred day simple moving average is $16.19. The stock has a market capitalization of $7.81 billion, a price-to-earnings ratio of -23.74 and a beta of 0.79.

Wall Street Analysts Forecast Growth

S has been the topic of a number of research reports. Scotiabank upgraded SentinelOne from a “sector perform” rating to a “sector outperform” rating and boosted their price target for the company from $16.00 to $23.50 in a report on Monday, July 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $20.00 price target on shares of SentinelOne in a research note on Wednesday, July 1st. Needham & Company LLC raised their price objective on SentinelOne from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, May 29th. TD Cowen lifted their target price on shares of SentinelOne from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Finally, Citigroup restated a “market outperform” rating on shares of SentinelOne in a research note on Wednesday, August 12th. Eighteen research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.07.

Insider Activity at SentinelOne

In related news, insider Keenan Michael Conder sold 26,374 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $20.08, for a total transaction of $529,589.92. Following the completion of the transaction, the insider directly owned 956,358 shares in the company, valued at $19,203,668.64. This represents a 2.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Tomer Weingarten sold 53,811 shares of the company’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $20.08, for a total transaction of $1,080,524.88. Following the transaction, the chief executive officer owned 1,840,586 shares of the company’s stock, valued at $36,958,966.88. This trade represents a 2.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 423,705 shares of company stock worth $7,369,527 in the last ninety days. Insiders own 4.27% of the company’s stock.

Institutional Trading of SentinelOne

A number of institutional investors and hedge funds have recently bought and sold shares of S. Pacer Advisors Inc. raised its position in shares of SentinelOne by 78.6% during the fourth quarter. Pacer Advisors Inc. now owns 31,653 shares of the company’s stock worth $475,000 after acquiring an additional 13,931 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of SentinelOne by 50.3% in the 4th quarter. Sunbelt Securities Inc. now owns 23,615 shares of the company’s stock valued at $354,000 after acquiring an additional 7,898 shares in the last quarter. Compound Planning Inc. acquired a new position in shares of SentinelOne during the fourth quarter valued at about $167,000. Invesco Ltd. raised its stake in SentinelOne by 12.1% during the 4th quarter. Invesco Ltd. now owns 401,396 shares of the company’s stock worth $6,021,000 after buying an additional 43,241 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of SentinelOne by 97.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 113,021 shares of the company’s stock worth $1,680,000 after purchasing an additional 55,798 shares during the period. 90.87% of the stock is currently owned by institutional investors and hedge funds.

About SentinelOne

SentinelOne, Inc is a cybersecurity company specializing in AI-driven, autonomous endpoint protection. Founded in 2013 and headquartered in Mountain View, California, the firm developed its Singularity Platform to unify prevention, detection, response, and hunting across endpoints, cloud workloads, containers and IoT devices. SentinelOne’s solutions leverage machine learning and behavioral analytics to identify threats in real time, automate remediation workflows and deliver forensics to support rapid incident response.

The company’s flagship product suite includes endpoint security agents, cloud workload protection, identity threat detection and extended detection and response (XDR) capabilities.