These Analysts Cut Their Forecasts On SentinelOne After Q1 Results, Shares Plunge
Portfolio Pulse from Lisa Levin
SentinelOne Inc (NYSE:S) reported worse-than-expected Q1 sales and issued weak Q2 guidance, causing shares to plunge 36.2% in pre-market trading. Several analysts cut their price targets and downgraded the stock following the earnings announcement.
June 02, 2023 | 12:08 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
SentinelOne's disappointing Q1 sales and weak Q2 guidance led to a 36.2% drop in pre-market trading and multiple analysts cutting their price targets and downgrading the stock.
SentinelOne's worse-than-expected Q1 sales and weak Q2 guidance directly impacted the stock price, causing it to plunge 36.2% in pre-market trading. This negative news led multiple analysts to cut their price targets and downgrade the stock, indicating a bearish short-term outlook for the company.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100