(Updated to include the analyst's commentary)
Wedbush lowered its price target on SentinelOne (S) to $25 from $32 despite reporting higher fiscal Q4 earnings and revenue as the positives were "overshadowed" by issuing lower-than-expected fiscal 2026 guidance.
Despite the unexpectedly cautious outlook, especially given the sector tailwinds, the brokerage said it remains bullish on the company's growth prospects for 2026, citing the continued opportunities to secure enterprise deals, analysts led by Daniel Ives wrote in a Thursday note.
SentinelOne has an average rating of overweight and mean price target of $25.81, according to analysts polled by FactSet.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Price: 19.12, Change: -0.18, Percent Change: -0.93
Comments