Scotiabank Has Weak Forecast for SentinelOne FY2025 Earnings

SentinelOne, Inc. (NYSE:S) – Analysts at Scotiabank lowered their FY2025 earnings per share estimates for SentinelOne in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst P. Colville now expects that the company will post earnings per share of ($0.77) for the year, down from their previous estimate of ($0.73). Scotiabank currently has a “Sector Perform” rating and a $26.00 price objective on the stock. The consensus estimate for SentinelOne’s current full-year earnings is ($0.76) per share.

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

Other equities research analysts have also issued reports about the stock. Cantor Fitzgerald assumed coverage on shares of SentinelOne in a research report on Thursday. They issued an “overweight” rating and a $30.00 price objective on the stock. Wedbush upgraded shares of SentinelOne to a “strong-buy” rating in a research report on Thursday, October 17th. Westpark Capital restated a “buy” rating and set a $34.00 price objective on shares of SentinelOne in a research report on Tuesday, December 3rd. Susquehanna increased their target price on SentinelOne from $28.00 to $30.00 and gave the company a “positive” rating in a report on Thursday, December 5th. Finally, JPMorgan Chase & Co. upped their price objective on SentinelOne from $30.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday, November 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, SentinelOne has an average rating of “Moderate Buy” and a consensus target price of $29.46.

SentinelOne Trading Up 0.3 %

NYSE:S opened at $22.55 on Friday. The firm has a market cap of $7.25 billion, a P/E ratio of -23.99 and a beta of 0.74. SentinelOne has a 12-month low of $14.33 and a 12-month high of $30.76. The stock’s 50 day simple moving average is $25.17 and its 200-day simple moving average is $23.82.

Institutional Investors Weigh In On SentinelOne

A number of institutional investors have recently modified their holdings of the business. Waldron Private Wealth LLC acquired a new stake in shares of SentinelOne in the 3rd quarter worth about $26,000. Modus Advisors LLC bought a new stake in shares of SentinelOne during the fourth quarter valued at approximately $48,000. Capital Performance Advisors LLP acquired a new position in shares of SentinelOne during the third quarter worth approximately $55,000. Blue Trust Inc. grew its holdings in 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 buying an additional 1,223 shares in the last quarter. Finally, Huntington National Bank raised its stake in SentinelOne by 287.9% during the 3rd quarter. Huntington National Bank now owns 2,378 shares of the company’s stock valued at $57,000 after acquiring an additional 1,765 shares in the last quarter. Institutional investors own 90.87% of the company’s stock.

Insider Buying and Selling at SentinelOne

In other news, CEO Tomer Weingarten sold 70,655 shares of the company’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $27.63, for a total value of $1,952,197.65. Following the sale, the chief executive officer now owns 1,019,541 shares in the company, valued at approximately $28,169,917.83. This represents a 6.48 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Ric Smith sold 3,135 shares of SentinelOne stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $26.25, for a total value of $82,293.75. Following the completion of the transaction, the insider now owns 582,512 shares of the company’s stock, valued at $15,290,940. This trade represents a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 358,135 shares of company stock worth $8,757,911 in the last 90 days. 5.60% of the stock is owned by corporate insiders.

About SentinelOne

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.