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

SentinelOne (NYSE:S) had its price objective upped by analysts at Citigroup from $17.00 to $23.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price target would indicate a potential upside of 9.26% from the stock’s previous close.

A number of other research analysts also recently issued reports on S. Oppenheimer raised their price target on shares of SentinelOne from $21.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Scotiabank reaffirmed an “outperform” rating on shares of SentinelOne in a research report on Friday. Wells Fargo & Company increased their price objective on shares of SentinelOne from $16.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Monday, August 17th. Barclays raised their target price on shares of SentinelOne from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Friday. Finally, JPMorgan Chase & Co. upped their target price on SentinelOne from $18.00 to $22.00 and gave the company a “neutral” rating in a report on Friday, August 21st. Seventeen research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, SentinelOne presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.97.

SentinelOne Price Performance

Shares of S stock traded down $1.66 on Friday, hitting $21.05. 7,038,317 shares of the stock traded hands, compared to its average volume of 7,972,541. The company has a market capitalization of $7.22 billion, a PE ratio of -21.93 and a beta of 0.79. SentinelOne has a 1-year low of $11.81 and a 1-year high of $23.95. The company’s fifty day moving average is $19.20 and its 200 day moving average is $16.25.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. The firm had revenue of $291.98 million for the quarter, compared to analysts’ expectations of $290.24 million. SentinelOne had a negative return on equity of 15.35% and a negative net margin of 30.39%.The firm’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period last year, the business posted ($0.22) earnings per share. 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 business’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 transaction, the insider directly owned 956,358 shares of the company’s stock, valued at $19,203,668.64. The trade was a 2.68% decrease in their position. The transaction was disclosed in a document filed 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, CEO Tomer Weingarten sold 53,811 shares of the firm’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 $1,080,524.88. Following the completion of the sale, the chief executive officer owned 1,840,586 shares in the company, valued at $36,958,966.88. The trade was a 2.84% decrease in their position. 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. Over the last 90 days, insiders have sold 423,705 shares of company stock worth $7,369,527. 4.27% of the stock is owned by company insiders.

Hedge Funds Weigh In On SentinelOne

A number of institutional investors and hedge funds have recently added to or reduced their stakes in S. Daiwa Securities Group Inc. increased its position in SentinelOne by 25.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 3,442 shares of the company’s stock valued at $63,000 after acquiring an additional 692 shares during the period. Allworth Financial LP boosted its position in SentinelOne by 102.4% during the 3rd quarter. Allworth Financial LP now owns 1,435 shares of the company’s stock worth $25,000 after acquiring an additional 726 shares during the period. Public Employees Retirement System of Ohio boosted its position in SentinelOne by 0.9% during the 1st quarter. Public Employees Retirement System of Ohio now owns 89,609 shares of the company’s stock worth $1,154,000 after acquiring an additional 784 shares during the period. Main Management ETF Advisors LLC grew its stake in shares of SentinelOne by 1.0% in the fourth quarter. Main Management ETF Advisors LLC now owns 82,215 shares of the company’s stock worth $1,233,000 after purchasing an additional 840 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of SentinelOne by 29.7% in the second quarter. GAMMA Investing LLC now owns 3,685 shares of the company’s stock worth $63,000 after purchasing an additional 843 shares in the last quarter. 90.87% of the stock is owned by institutional investors.

Key Stories Impacting SentinelOne

Here are the key news stories impacting SentinelOne this week:

• Positive Sentiment: SentinelOne reported fiscal second-quarter revenue of approximately $292 million, up 20.6% year over year and ahead of consensus estimates. Adjusted EPS of $0.08 also exceeded the $0.07 analyst forecast. SentinelOne Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management cited growing demand for AI security, broader platform adoption and stronger operating leverage. It expects fiscal 2027 revenue of roughly $1.202 billion to $1.207 billion and issued third-quarter revenue guidance near analyst expectations. S Q2 Earnings Call Spotlights AI Security and Raised Outlook
• Positive Sentiment: Several analysts raised their price targets following the results. Canaccord Genuity, Citizens JMP and Rosenblatt set targets of $25, while Needham and Cantor Fitzgerald issued targets of $26, with buy, market outperform or overweight ratings. SentinelOne Analysts Increase Their Forecasts After Q2 Results
• Neutral Sentiment: Fiscal 2027 EPS guidance was set at $0.30 to $0.32, while third-quarter EPS guidance of $0.08 to $0.09 was above the current consensus forecast. However, the full-year profit outlook was viewed as trimmed or underwhelming relative to investor expectations. SentinelOne in Focus as Wall Street Digests Mixed Guidance and Results
• Negative Sentiment: The stock came under pressure because the weaker-than-hoped full-year profitability outlook overshadowed the revenue beat and record operating margin. Continued net losses and a negative operating cash flow also remain risks for investors. SentinelOne Slides as Trimmed Profit Forecast Outweighs Revenue Beat

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.