In a report released today, Yun Kim from Loop Capital Markets maintained a Buy rating on SentinelOne (S – Research Report), with a price target of $30.00. The company’s shares closed yesterday at $27.94.
Kim covers the Technology sector, focusing on stocks such as Microsoft, Zscaler, and Coursera. According to TipRanks, Kim has an average return of 17.5% and a 62.28% success rate on recommended stocks.
Currently, the analyst consensus on SentinelOne is a Moderate Buy with an average price target of $29.95, a 7.19% upside from current levels. In a report released today, Bernstein also maintained a Buy rating on the stock with a $37.00 price target.
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Based on SentinelOne’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $164.17 million and a GAAP net loss of $70.3 million. In comparison, last year the company earned a revenue of $115.32 million and had a GAAP net loss of $98.86 million
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:
- SentinelOne (NYSE:S) Plunges on Soft Revenue Guidance
- SentinelOne Enhances Investor Communication and Transparency
- Options Volatility and Implied Earnings Moves Today, March 13, 2024
- SentinelOne price target raised to $31 from $28 at Needham
- SentinelOne price target raised to $32 from $28 at Wedbush
