Roth Capital has commenced coverage on SentinelOne, trading under the ticker (S, Financial), with a Buy rating and a price target set at $26. The cyber security company is recognized as one of the prominent players in the endpoint protection market.
According to analyst Taz Koujalgi, the feedback on SentinelOne's offerings remains positive. The firm suggests that SentinelOne is demonstrating signs of business stability, which is encouraging for future growth. Additionally, the introduction of innovative solutions like PurpleAI is expected to further strengthen and possibly enhance their recurring revenue streams.
Overall, the outlook on SentinelOne appears optimistic as it continues to bolster its product portfolio and solidify its position in the cybersecurity sphere.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 33 analysts, the average target price for SentinelOne Inc (S, Financial) is $24.37 with a high estimate of $36.00 and a low estimate of $15.00. The average target implies an upside of 48.98% from the current price of $16.36. More detailed estimate data can be found on the SentinelOne Inc (S) Forecast page.
Based on the consensus recommendation from 37 brokerage firms, SentinelOne Inc's (S, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SentinelOne Inc (S, Financial) in one year is $36.19, suggesting a upside of 121.21% from the current price of $16.36. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SentinelOne Inc (S) Summary page.
