On May 25, 2023, Raymond James initiated coverage of SentinelOne Inc – (NYSE:S) with a Strong Buy recommendation, according
to Fintel reports.
Analyst Projections Suggest 11.03% Upside
SentinelOne Inc has an average one-year price target of 22.07 as of May 11, 2023, with a range from 14.14 to $51.45.
The average price target indicates an 11.03% increase from its latest reported closing price of 19.88.
See the leaderboard of companies with the largest price target upside by visiting
Fintel.
The projected annual revenue for SentinelOne Inc is $671MM, suggesting an increase of 58.84%. Additionally, the projected
annual non-GAAP EPS is -0.48.
What is the Fund Sentiment?
In the last quarter, 551 funds or institutions reported positions in SentinelOne Inc. This is a decrease of 2 owners or 0.36%.
Furthermore, the average portfolio weight of all funds dedicated to S is 0.30%, which represents an increase of 1.09%.
The put/call ratio of S is 0.32, indicating a bullish outlook.
What are Other Shareholders Doing?
Insight Holdings Group holds 34,646K shares, representing 11.90% ownership of SentinelOne Inc. Additionally, Sylebra
Capital holds 10,499K shares, representing 3.61% ownership, while Anchorage Capital Group, L.L.C. holds 9,867K shares,
representing 3.39% ownership in the company. There was no change in ownership for the aforementioned holders in the
last quarter.
T. Rowe Price New Horizons Fund owns 8,546K shares, representing 2.93% ownership. Furthermore, T. Rowe Price Growth
Stock Fund holds 7,028K shares, representing 2.41% ownership in SentinelOne Inc. However, T. Rowe Price Growth Stock
Fund decreased its portfolio allocation in S by 40.04% over the last quarter. The firm reported owning 7,049K shares
in its prior filing, representing a decrease of 0.30%.
SentinelOne Background Information
(This description is provided by the company.)
SentinelOne is a cybersecurity company that offers AI-powered prevention, detection, response and hunting across
endpoints, containers, cloud workloads, and IoT devices in a single autonomous XDR platform.
Key filings for this company:
This story was originally published by
Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect
those of Nasdaq, Inc.
