SentinelOne (NYSE:S) Stock Price Down 6% – What’s Next?

SentinelOne, Inc. (NYSE:S)’s share price was down 6% during trading on Tuesday . The company traded as low as $13.40 and last traded at $13.5140. Approximately 2,291,443 shares traded hands during trading, a decline of 73% from the average daily volume of 8,471,045 shares. The stock had previously closed at $14.38.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on S shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $18.00 price target on shares of SentinelOne in a research note on Friday, March 13th. TD Cowen reissued a “buy” rating on shares of SentinelOne in a research report on Friday, December 5th. Citizens Jmp set a $23.00 price objective on shares of SentinelOne in a research note on Friday, December 5th. Westpark Capital restated a “buy” rating and set a $25.00 target price on shares of SentinelOne in a research report on Friday, December 5th. Finally, Piper Sandler lowered their target price on shares of SentinelOne from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $19.43.

SentinelOne Stock Performance

The firm has a fifty day simple moving average of $13.83 and a 200 day simple moving average of $15.64. The company has a market cap of $4.50 billion, a PE ratio of -9.71 and a beta of 0.77.

SentinelOne (NYSE:S) last announced its quarterly earnings data on Thursday, March 12th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.01. SentinelOne had a negative net margin of 45.02% and a negative return on equity of 15.04%. The business had revenue of $271.15 million for the quarter, compared to analyst estimates of $271.18 million. During the same period in the prior year, the firm posted $0.04 EPS. The company’s revenue was up 20.3% on a year-over-year basis. SentinelOne has set its FY 2027 guidance at 0.320-0.380 EPS and its Q1 2027 guidance at 0.010-0.020 EPS. As a group, equities analysts predict that SentinelOne, Inc. will post -0.76 EPS for the current fiscal year.

Insider Activity

In other news, insider Keenan Michael Conder sold 5,178 shares of the business’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $13.81, for a total transaction of $71,508.18. Following the completion of the sale, the insider directly owned 557,184 shares of the company’s stock, valued at $7,694,711.04. The trade was a 0.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Tomer Weingarten sold 51,595 shares of the company’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $15.12, for a total value of $780,116.40. Following the sale, the chief executive officer owned 1,145,608 shares of the company’s stock, valued at approximately $17,321,592.96. The trade was a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 241,898 shares of company stock valued at $3,431,953 in the last ninety days. 4.33% of the stock is owned by company insiders.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently added to or reduced their stakes in S. Vanguard Group Inc. raised its holdings in shares of SentinelOne by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 36,532,555 shares of the company’s stock worth $547,988,000 after purchasing an additional 520,142 shares during the period. First Trust Advisors LP grew its holdings in shares of SentinelOne by 38.1% during the 4th quarter. First Trust Advisors LP now owns 13,146,797 shares of the company’s stock worth $197,202,000 after purchasing an additional 3,624,707 shares during the period. Legal & General Group Plc increased its position in SentinelOne by 4.2% during the 4th quarter. Legal & General Group Plc now owns 8,551,878 shares of the company’s stock worth $128,278,000 after purchasing an additional 346,014 shares in the last quarter. AQR Capital Management LLC raised its holdings in SentinelOne by 93.4% in the fourth quarter. AQR Capital Management LLC now owns 8,212,127 shares of the company’s stock valued at $123,182,000 after buying an additional 3,965,519 shares during the period. Finally, Caprock Group LLC raised its holdings in SentinelOne by 2,275.2% in the fourth quarter. Caprock Group LLC now owns 7,749,446 shares of the company’s stock valued at $116,242,000 after buying an additional 7,423,177 shares during the period. Hedge funds and other institutional investors own 90.87% of the company’s stock.

SentinelOne Company Profile

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.