Market Analysts see SentinelOne Inc [S] gaining to $29. Time to buy?

NFLX Stock

SentinelOne Inc [NYSE: S] slipped around -1.04 points on Tuesday, while shares priced at $22.88 at the close of the session, down -4.35%.

Compared to the average trading volume of 5.45M shares, S reached a trading volume of 4191529 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus 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 $28.71 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 1.71. 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 August 26, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $19 to $29. The new note on the price target was released on August 22, 2024, representing the official price target for SentinelOne Inc stock. Previously, the target price had yet another raise to $25, while Robert W. Baird analysts kept a Outperform rating on S stock. On June 04, 2024, analysts decreased their price target for S shares from 28 to 23.

The Average True Range (ATR) for SentinelOne Inc is set at 0.91, with the Price to Sales ratio for S stock in the period of the last 12 months amounting to 10.03. The Price to Book ratio for the last quarter was 4.42, with the Price to Cash per share for the same quarter was set at 2.43.

How has S stock performed recently?

SentinelOne Inc [S] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.65. With this latest performance, S shares dropped by -2.89% in over the last four-week period, additionally plugging by 1.46% over the last 6 months – not to mention a rise of 35.71% 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 44.63, with the RSI for the last a single of trading hit 38.28, and the three-weeks RSI is set at 47.95 for SentinelOne Inc [S]. The present Moving Average for the last 50 days of trading for this stock 23.14, while it was recorded at 23.79 for the last single week of trading, and 23.27 for the last 200 days.

SentinelOne Inc [S]: Deeper insight into the fundamentals

SentinelOne Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.64 and a Current Ratio set at 1.64.

Earnings analysis for SentinelOne Inc [S]

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%.

Insider trade positions for SentinelOne Inc [S]

There are presently around $77.46%, or 77.82%% of S stock, in the hands of institutional investors. The top three institutional holders of S stocks are: VANGUARD GROUP INC with ownership of 28.46 million shares, which is approximately 9.1948%. INSIGHT HOLDINGS GROUP, LLC, holding 24.15 million shares of the stock with an approximate value of $$508.28 million in S stocks shares; and INSIGHT HOLDINGS GROUP, LLC, currently with $$410.72 million in S stock with ownership which is approximately 6.3033%.