The Latest Analyst Ratings For SentinelOne
Portfolio Pulse from Benzinga Insights
SentinelOne (NYSE:S) has received diverse analyst ratings over the last three months, with a recent shift towards more bullish views. The average 12-month price target has increased to $28.2, up 30.74% from the previous $21.57. Analysts from firms like B of A Securities, BTIG, and Citigroup have adjusted their ratings and price targets, reflecting a positive outlook on the company's performance and market position. SentinelOne, a cloud-based cybersecurity firm, shows strong revenue growth but faces challenges in profitability and asset utilization.
February 14, 2024 | 1:01 pm
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POSITIVE IMPACT
SentinelOne has seen a positive shift in analyst ratings, with an increased average price target of $28.2, indicating a bullish outlook. The company's strong revenue growth is highlighted, though challenges in profitability and asset utilization are noted.
The increase in the average price target and the positive adjustments in analyst ratings suggest a bullish sentiment towards SentinelOne's stock in the short term. The company's significant revenue growth supports this outlook, although concerns about profitability and asset utilization may temper some of the enthusiasm. The direct mention of SentinelOne and detailed analyst actions provide a clear basis for anticipating a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100