SentinelOne Inc [S] Revenue clocked in at $621.15 million, down -18.55% YTD: What’s Next?

SentinelOne Inc [NYSE: S] closed the trading session at $22.35. The company report on March 19, 2024 at 8:30 AM that Cybersecurity AI provider Auguria emerges from stealth to solve security operations data overload and cost problems.

Auguria announces its formal entrance into the cybersecurity AI space with seed round funding from SYN Ventures and SentinelOne’s S Ventures. Auguria drives the transformation of traditional security operations by encoding generations worth of hard-won human security experience into artificial intelligence (AI) models capable of cutting through a sea of multi-vendor event data.

Auguria, Inc., a cybersecurity artificial intelligence company, is pleased to announce its emergence from stealth mode after two plus years of software platform development. With an initial investment from SYN Ventures Seed Fund, Auguria is driving the transformation of traditional security operations by optimizing data for human and AI consumption with the industry’s first vector-based cybersecurity platform for security operations data integration, transformation and analytics. Auguria’s Security Knowledge Layer™, or Auguria SKL™ leverages the latest developments in AI automation techniques to transform, classify, and prioritize massive parallel streams of events, logs, and telemetry produced by technology security infrastructures.

The stocks have a year to date performance of -18.55 percent and weekly performance of 0.59 percent. The stock has been moved at 32.48 percent over the last six months. The stock has performed -17.47 percent around the most recent 30 days and changed -13.61 percent over the most recent 3-months.

If compared to the average trading volume of 6.32M shares, S reached to a volume of 4316926 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about SentinelOne Inc [S]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for S shares is $29.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on S stock is a recommendation set at 1.97. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for SentinelOne Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 12, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price from $26.50 to $35. The new note on the price target was released on February 14, 2024, representing the official price target for SentinelOne Inc stock. Previously, the target price had yet another raise to $30, while BTIG Research analysts kept a Buy rating on S stock.

The Average True Range (ATR) for SentinelOne Inc is set at 1.10, with the Price to Sales ratio for S stock in the period of the last 12 months amounting to 10.21. The Price to Book ratio for the last quarter was 4.27, with the Price to Cash per share for the same quarter was set at 3.48.

S stock trade performance evaluation

SentinelOne Inc [S] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.59. With this latest performance, S shares dropped by -17.47% in over the last four-week period, additionally plugging by 32.48% over the last 6 months – not to mention a rise of 36.61% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for S stock in for the last two-week period is set at 37.30, with the RSI for the last a single of trading hit 35.31, and the three-weeks RSI is set at 39.82 for SentinelOne Inc [S]. The present Moving Average for the last 50 days of trading for this stock 26.35, while it was recorded at 22.78 for the last single week of trading, and 20.15 for the last 200 days.

SentinelOne Inc [S]: An insightful look at the core fundamentals

SentinelOne Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.11 and a Current Ratio set at 2.11.

Earnings per share (EPS) analysis for SentinelOne Inc [S] stock

With the latest financial reports released by the company, SentinelOne Inc posted -0.15/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 11.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for S. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SentinelOne Inc go to 40.20%.

SentinelOne Inc [S]: Institutional Ownership

The top three institutional holders of S stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in S stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in S stock with ownership which is approximately 5.8386%.