A Glimpse Into The Expert Outlook On SentinelOne Through 7 Analysts
Portfolio Pulse from Benzinga Insights
SentinelOne (NYSE:S) has seen diverse analyst ratings over the last three months, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target has increased to $30.43, indicating a 29.49% rise from the previous target. Analysts from firms like Wells Fargo, Guggenheim, and Goldman Sachs have raised their price targets, reflecting optimism about SentinelOne's market performance. Despite challenges in profitability and asset utilization, SentinelOne's revenue growth outpaces its peers, and its low debt-to-equity ratio suggests a healthy balance between debt and equity.
March 11, 2024 | 12:01 pm
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SentinelOne has received mixed analyst ratings, with a notable increase in its average 12-month price target to $30.43, reflecting a positive outlook. The company's strong revenue growth and low debt-to-equity ratio are positive indicators, despite challenges in profitability and asset utilization.
The increase in SentinelOne's average 12-month price target by analysts suggests a positive outlook on the stock, likely due to its strong revenue growth and healthy debt management. Despite some profitability and asset utilization challenges, the overall sentiment appears optimistic, which could lead to a short-term positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100