In yesterday’s Wall Street session, SentinelOne Inc (NYSE:S) shares traded at $25.40, up 3.63% from the previous session.
30 analysts cover SentinelOne Inc (NYSE:S), according to research data. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $33.00 and a low of $19.00, we find $26.00. Given the previous closing price of $24.51, this indicates a potential upside of 6.08 percent. S stock price is now 46.02% away from the 50-day moving average and 54.27% away from the 200-day moving average. The market capitalization of the company currently stands at $7.59B.
The stock has received a hold rating from 15 analysts and a buy rating from 14. Brokers who have rated the stock have averaged $25.46 as their price target over the next twelve months.
With the price target enhanced from $23 to $26, Needham maintained Buy rating for SentinelOne Inc (NYSE: S).
In other news, Smith Ric, CPO & CTO sold 15,521 shares of the company’s stock on Dec 07. The stock was sold for $356,695 at an average price of $22.98. Upon completion of the transaction, the CPO & CTO now directly owns 457,581 shares in the company, valued at $11.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 06, President, CEO Weingarten Tomer sold 21,583 shares of the business’s stock. A total of $492,092 was realized by selling the stock at an average price of $22.80. This leaves the insider owning 807,430 shares of the company worth $20.51 million. Insiders disposed of 2,425,154 shares of company stock worth roughly $61.6 million over the past 1 year. A total of 21.88% of the company’s stock is owned by insiders.
On Tuesday morning SentinelOne Inc (NYSE: S) stock kicked off with the opening price of $24.46. During the past 12 months, SentinelOne Inc has had a low of $12.43 and a high of $24.89. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 2.05, and a quick ratio of 2.05. The fifty day moving average price for S is $17.39 and a two-hundred day moving average price translates $16.46 for the stock.
The latest earnings results from SentinelOne Inc (NYSE: S) was released for Oct, 2023. According to the Software – Infrastructure Company, earnings per share came in at -$0.03, beating analysts’ expectations of -$0.08 by 0.05. This compares to -$0.35 EPS in the same period last year. The net profit margin was -62.89% and return on equity was -22.09% for S. The company reported revenue of $164.16 million for the quarter, compared to $115.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 42.35 percent. For the current quarter, analysts expect S to generate $169.2M in revenue.
SentinelOne Inc(S) Company Profile
SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. Its Singularity Extended Detection and Response Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization’s endpoints; and cloud workloads, which enables seamless and automatic protection against a spectrum of cyber threats. The company was formerly known as Sentinel Labs, Inc. and changed its name to SentinelOne, Inc. in March 2021. SentinelOne, Inc. was incorporated in 2013 and is headquartered in Mountain View, California.
