SentinelOne Inc (NYSE: S): Are We Watching A Disaster Or Are We Buying A Gold Mine?

In the last trading session, 3.99 million shares of the SentinelOne Inc (NYSE:S) were traded, and its beta was 0.71. Most recently the company’s share price was $21.18, and it changed around $0.71 or 3.47% from the last close, which brings the market valuation of the company to $6.57B. S currently trades at a discount to its 52-week high of $30.76, offering almost -45.23% off that amount. The share price’s 52-week low was $12.43, which indicates that the current value has risen by an impressive 41.31% since then. We note from SentinelOne Inc’s average daily trading volume that its 3-month average coming to 5.74 million.

SentinelOne Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.84. If we narrow it down even further, the data shows that 6 out of 26 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 18 recommended S as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. SentinelOne Inc is expected to report earnings per share of -$0.05 for the current quarter.

SentinelOne Inc (NYSE:S) trade information

Instantly S has showed a green trend with a performance of 3.47% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -22.81% year-to-date, but still up 1.39% over the last five days. On the other hand, SentinelOne Inc (NYSE:S) is -7.02% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $29.33, which translates to bulls needing to increase their stock price by 27.79% from its current value. Analyst projections state that S is forecast to be at a low of $18 and a high of $57.

SentinelOne Inc (S) estimates and forecasts

SentinelOne Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 32.54 percent over the past six months and at a 107.14% annual growth rate that is well above the industry average of 11.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 66.70% in revenue this quarter, and will report an increase of 87.50% in the next quarter. The year-over-year growth rate is expected to be 31.50%, up from the previous year.

Consensus estimates provided by 27 financial analysts predict the company will bring in an average of $181.09 million in revenue for the current quarter. 27 analysts expect SentinelOne Inc to make $197.76 million in revenue for the quarter ending Jul 2024. The company’s sales for the same quarters a year ago were $133.39 million. Analysts predict that the company’s current quarter sales will jump, forecast at 35.80%.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -43.89%. SentinelOne Inc earnings are expected to increase by 108.71% in 2024, but the outlook is positive 40.20% per year for the next five years.