Rosenblatt has initiated coverage on SentinelOne (S, Financial), announcing a "Buy" rating for the cybersecurity company. The announcement was made by Rosenblatt analyst Catharine Trebnick, highlighting the firm's confidence in SentinelOne's market position and potential growth.
As part of this coverage, Rosenblatt set a price target of $24.00 on SentinelOne (S, Financial). This marks the initiation of coverage, with no prior price target available for comparison. The price target is denominated in USD.
This coverage and "Buy" rating reflect a positive outlook on SentinelOne's ability to deliver in the competitive cybersecurity landscape. Investors will be keenly watching how SentinelOne (S, Financial) performs following this new rating and price target set by Rosenblatt.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 35 analysts, the average target price for SentinelOne Inc (S, Financial) is $23.01 with a high estimate of $36.00 and a low estimate of $15.00. The average target implies an upside of 29.86% from the current price of $17.72. More detailed estimate data can be found on the SentinelOne Inc (S) Forecast page.
Based on the consensus recommendation from 39 brokerage firms, SentinelOne Inc's (S, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SentinelOne Inc (S, Financial) in one year is $34.67, suggesting a upside of 95.65% from the current price of $17.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SentinelOne Inc (S) Summary page.
