Scotiabank Analysts Cut Earnings Estimates for SentinelOne

SentinelOne, Inc. (NYSE:S - Free Report) - Equities research analysts at Scotiabank cut their FY2025 earnings per share estimates for shares of SentinelOne in a report released on Wednesday, January 8th. Scotiabank analyst P. Colville now anticipates that the company will post earnings per share of ($0.77) for the year, down from their prior estimate of ($0.73). Scotiabank has a "Sector Perform" rating and a $26.00 price target on the stock. The consensus estimate for SentinelOne's current full-year earnings is ($0.76) per share.

S has been the topic of a number of other reports. Westpark Capital restated a "buy" rating and issued a $34.00 price target on shares of SentinelOne in a report on Tuesday, December 3rd. Deutsche Bank Aktiengesellschaft raised shares of SentinelOne from a "hold" rating to a "buy" rating and raised their price target for the stock from $25.00 to $32.00 in a report on Tuesday, November 12th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $25.00 price target on shares of SentinelOne in a report on Friday, September 13th. JPMorgan Chase & Co. increased their price objective on shares of SentinelOne from $30.00 to $33.00 and gave the stock an "overweight" rating in a research note on Friday, November 29th. Finally, Morgan Stanley reaffirmed an "equal weight" rating and set a $29.00 price target on shares of SentinelOne in a research report on Monday, December 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, SentinelOne currently has an average rating of "Moderate Buy" and an average price target of $29.46.

SentinelOne Trading Down 0.2 %

Shares of NYSE S traded down $0.04 during trading hours on Friday, reaching $22.46. The stock had a trading volume of 3,742,969 shares, compared to its average volume of 3,927,981. SentinelOne has a 52-week low of $14.33 and a 52-week high of $30.76. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of -23.89 and a beta of 0.74. The business's fifty day moving average price is $25.17 and its two-hundred day moving average price is $23.82.

SentinelOne (NYSE:S - Get Free Report) last posted its earnings results on Wednesday, December 4th. The company reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.22). SentinelOne had a negative net margin of 37.61% and a negative return on equity of 15.80%. The business had revenue of $210.60 million during the quarter, compared to analysts' expectations of $209.73 million. During the same period last year, the business posted ($0.21) earnings per share. The company's revenue for the quarter was up 28.3% compared to the same quarter last year.

Insiders Place Their Bets

In other SentinelOne news, CEO Tomer Weingarten sold 10,165 shares of the company's stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $26.25, for a total transaction of $266,831.25. Following the transaction, the chief executive officer now directly owns 1,029,332 shares in the company, valued at approximately $27,019,965. This represents a 0.98 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ric Smith sold 14,583 shares of the firm's stock in a transaction on Friday, October 25th. The shares were sold at an average price of $26.28, for a total value of $383,241.24. Following the completion of the transaction, the insider now owns 585,647 shares of the company's stock, valued at approximately $15,390,803.16. This represents a 2.43 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 358,135 shares of company stock valued at $8,757,911. Insiders own 5.60% of the company's stock.

Institutional Trading of SentinelOne

Several institutional investors have recently made changes to their positions in S. Waldron Private Wealth LLC acquired a new position in SentinelOne during the 3rd quarter worth $26,000. Modus Advisors LLC acquired a new position in shares of SentinelOne during the fourth quarter valued at $48,000. Capital Performance Advisors LLP bought a new position in shares of SentinelOne during the third quarter worth about $55,000. Blue Trust Inc. increased its holdings in shares of SentinelOne by 105.9% in the 3rd quarter. Blue Trust Inc. now owns 2,378 shares of the company's stock worth $57,000 after acquiring an additional 1,223 shares during the period. Finally, Huntington National Bank grew its holdings in SentinelOne by 287.9% in the 3rd quarter. Huntington National Bank now owns 2,378 shares of the company's stock worth $57,000 after buying an additional 1,765 shares in the last quarter. 90.87% of the stock is owned by hedge funds and other institutional investors.

SentinelOne Company Profile

SentinelOne, Inc operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.