JMP Securities analyst Trevor J. Walsh maintained a Buy rating on SentinelOne (S – Research Report) today and set a price target of $33.00. The company’s shares closed last Thursday at $23.31.
According to TipRanks, J. Walsh is a 5-star analyst with an average return of 21.8% and a 63.46% success rate. J. Walsh covers the Technology sector, focusing on stocks such as Tyler Technologies, SentinelOne, and Palo Alto Networks.
Currently, the analyst consensus on SentinelOne is a Moderate Buy with an average price target of $29.75.
Based on SentinelOne’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $174.18 million and a GAAP net loss of $71.98 million. In comparison, last year the company earned a revenue of $126.1 million and had a GAAP net loss of $93.68 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.
