Barclays analyst Saket Kalia maintained a Hold rating on SentinelOne (S – Research Report) today and set a price target of $27.00. The company’s shares closed yesterday at $26.97.
According to TipRanks, Kalia is a 5-star analyst with an average return of 15.9% and a 61.71% success rate. Kalia covers the Technology sector, focusing on stocks such as Autodesk, Palo Alto Networks, and Zscaler.
Currently, the analyst consensus on SentinelOne is a Moderate Buy with an average price target of $29.40, a 9.01% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Hold rating on the stock with a $28.00 price target.
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S market cap is currently $8.2B and has a P/E ratio of -21.69.
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of S in relation to earlier this year. Most recently, in January 2024, Insight Holdings Group, LLC, a Major Shareholder at S sold 5,547,235.00 shares for a total of $126,255,068.60.
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SentinelOne (S) Company Description:
SentinelOne Inc is an autonomous cybersecurity platform. The company’s cybersecurity solutions encompass AI-powered prevention, detection, response, and hunting across endpoints, containers, cloud workloads, and IoT devices in a single autonomous XDR platform.
Read More on S:
- Options Volatility and Implied Earnings Moves This Week, March 11 – March 15, 2024
- S Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- SentinelOne placed on ‘Positive Catalyst Watch’ at JPMorgan
- Unusually active option classes on open March 6th
- SentinelOne call volume above normal and directionally bullish
