SentinelOne (NYSE:S) Price Target Raised to $23.00

SentinelOne (NYSE:S) had its price objective upped by Citigroup from $17.00 to $23.00 in a report published on Friday morning,Benzinga reports. They currently have a neutral rating on the stock.

Other equities research analysts also recently issued research reports about the company. Canaccord Genuity Group raised their price target on SentinelOne from $18.00 to $25.00 and gave the company a “buy” rating in a research report on Friday. Wells Fargo & Company upped their price objective on SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a report on Monday, August 17th. DA Davidson reduced their price objective on SentinelOne from $18.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, May 29th. Citizens Jmp boosted their target price on SentinelOne from $23.00 to $25.00 and gave the stock a “market outperform” rating in a research report on Friday. Finally, Wedbush reaffirmed an “outperform” rating and issued a $20.00 target price on shares of SentinelOne in a research note on Friday, May 29th. Sixteen research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $23.09.

SentinelOne Price Performance

Shares of NYSE:S opened at $21.56 on Friday. The company’s fifty day moving average price is $19.33 and its 200-day moving average price is $16.31. The firm has a market capitalization of $7.39 billion, a price-to-earnings ratio of -21.35 and a beta of 0.79. SentinelOne has a one year low of $11.81 and a one year high of $23.95.

SentinelOne (NYSE:S) last posted its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. SentinelOne had a negative net margin of 30.95% and a negative return on equity of 15.66%. The company had revenue of $291.98 million during the quarter, compared to the consensus estimate of $290.24 million. During the same period in the previous year, the firm posted ($0.22) EPS. The firm’s revenue was up 20.6% compared to the same quarter last year. SentinelOne has set its FY 2027 guidance at 0.300-0.320 EPS and its Q3 2027 guidance at 0.080-0.090 EPS. As a group, equities research analysts expect that SentinelOne will post -0.44 EPS for the current year.

Insiders Place Their Bets

In other SentinelOne news, insider Keenan Michael Conder sold 26,374 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 956,358 shares in the company, valued at $19,203,668.64. This represents a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Robin Tomasello sold 5,467 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $20.08, for a total value of $109,777.36. Following the transaction, the chief accounting officer directly owned 439,863 shares in the company, valued at $8,832,449.04. This trade represents a 1.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 valued at $7,369,527 over the last three months. 4.27% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On SentinelOne

Several institutional investors and hedge funds have recently bought and sold shares of S. California State Teachers Retirement System increased its stake in SentinelOne by 1,616.3% in the 2nd quarter. California State Teachers Retirement System now owns 6,147,399 shares of the company’s stock worth $104,321,000 after purchasing an additional 5,789,226 shares during the period. AQR Capital Management LLC boosted its stake in shares of SentinelOne by 93.4% during the fourth quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock valued at $123,182,000 after purchasing an additional 3,965,519 shares during the period. Norges Bank purchased a new stake in shares of SentinelOne during the fourth quarter valued at approximately $54,770,000. First Trust Advisors LP boosted its stake in shares of SentinelOne by 38.1% during the fourth quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock valued at $197,202,000 after purchasing an additional 3,624,707 shares during the period. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of SentinelOne in the second quarter worth approximately $59,607,000. 90.87% of the stock is currently owned by institutional investors.

Key SentinelOne News

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reported fiscal Q2 2027 adjusted earnings of $0.08 per share, above the $0.07 consensus estimate, while revenue increased 20.6% year over year to approximately $292 million. Platform adoption, upmarket customer wins, AI-security demand and improved operating leverage supported the results. SentinelOne Q2 Earnings Beat as Platform Growth Drives Outlook Raise
• Positive Sentiment: The company raised or reaffirmed its fiscal 2027 outlook, targeting approximately $1.202 billion to $1.207 billion in revenue and $124 million to $128 million in operating income. Its third-quarter revenue forecast was broadly in line with expectations, while projected EPS was above the cited consensus. SentinelOne Fiscal 2027 Forecast
• Positive Sentiment: Several analysts raised their price targets following the results. Scotiabank, TD Cowen, Needham, Canaccord Genuity, Citizens JMP and Cantor Fitzgerald moved targets as high as $26, while maintaining bullish or outperform ratings. SentinelOne Analysts Increase Their Forecasts After Q2 Results
• Positive Sentiment: Unusually heavy call-option activity indicates some traders are positioning for additional upside, although options activity is not a fundamental measure.
• Neutral Sentiment: Citigroup raised its target to $23 but retained a neutral rating, reflecting a more cautious view than the broader analyst response. Benzinga Analyst Coverage
• Negative Sentiment: Investors focused on a trimmed or less compelling full-year profit outlook despite the revenue beat and record operating margin. The mixed guidance overshadowed the earnings performance and contributed to the stock’s decline. SentinelOne Slides as Profit Guide Weighs
• Negative Sentiment: Execution concerns remain: large-customer and annual recurring revenue growth decelerated, gross margin contracted amid competition, and the company continues to report substantial net losses. SentinelOne Stay On The Sidelines

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.