As of February 14, 2024, SentinelOne (NYSE: S) has received various analyst ratings in the past three months. Here is a summary of the ratings:
Rating Total Ratings Last 30D 1M Ago 2M Ago 3M Ago
Bullish 4 1 1 0 2
Somewhat Bullish 4 0 0 0 4
Indifferent 2 0 0 1 1
Somewhat Bearish 0 0 0 0 0
Bearish 0 0 0 0 0
Analysts have also provided 12-month price targets for SentinelOne. The average target is $28.2, with a high estimate of $35.00 and a low estimate of $20.00. This indicates a 30.74% increase from the previous average price target of $21.57.
Several analysts have recently adjusted their ratings and price targets for SentinelOne. Here are the details:
– Tal Liani from B of A Securities upgraded the rating to Buy with a price target of $35.00, previously $26.50.
– Gray Powell of BTIG issued a Buy rating with a price target of $30.00.
– Fatima Boolani from Citigroup upgraded the rating to Neutral with a price target of $25.00, previously $24.00.
– Shyam Patil of Susquehanna issued a Positive rating with a price target of $35.00.
– Patrick Colville from Scotiabank upgraded the rating to Sector Perform with a price target of $20.00, previously $16.50.
– Shaul Eyal of TD Cowen upgraded the rating to Outperform with a price target of $30.00, previously $20.00.
– Adam Tindle from Raymond James upgraded the rating to Strong Buy with a price target of $26.00, previously $22.00.
– Hamza Fodderwala of Morgan Stanley upgraded the rating to Overweight with a price target of $25.00, previously $20.00.
– Trevor Walsh from JMP Securities upgraded the rating to Market Outperform with a price target of $33.00, previously $22.00.
– Alex Henderson of Needham maintained a Buy rating with a price target of $23.00.
Overall, the consensus among analysts is a Moderate Buy rating for SentinelOne. There is a mix of Buy and Hold recommendations, with no Sell ratings.
Stock of Company S Shows Interesting Price Momentum: Potential Reversal or Temporary Dip?
On February 14, 2024, the stock of company S showed interesting price momentum as it traded near the top of its 52-week range and remained above its 200-day simple moving average. According to data sourced from CNN Money, the price of S shares experienced a decline of $0.71 since the market closed on the previous day. This represents a 2.39% drop. The closing price of S shares on February 13, 2024, stood at $28.99. In pre-market trading on February 14, 2024, the stock rose by $1.69. While the price drop may raise concerns, the subsequent rise in pre-market trading suggests a potential reversal or temporary dip. Investors should closely monitor the stock’s performance throughout the day. Trading near the top of its 52-week range and remaining above its 200-day simple moving average indicates relative strength in the stock. Investors should consider conducting further research and analysis to evaluate the overall performance and prospects of company S.
S Stock Performance on February 14, 2024: Total Revenue Growth, Net Income Fluctuations, and Earnings per Share
Title: S Stock Performance on February 14, 2024: A Closer Look at the Numbers
Introduction:
On February 14, 2024, S stock experienced significant changes in its financial performance compared to the previous year and the previous quarter. By analyzing the data provided by CNN Money, we can gain insights into the company’s total revenue, net income, and earnings per share (EPS).
Total Revenue Growth:
S Corporation witnessed a remarkable surge in its total revenue over the past year. The company generated $422.18 million in total revenue, marking a substantial increase of 106.14% compared to the previous year.
Furthermore, compared to the previous quarter, S Corporation’s total revenue increased by 9.87%, reaching $164.16 million.
Net Income Fluctuations:
Despite the positive revenue growth, S Corporation faced challenges in terms of net income. Over the past year, the company reported a net income of -$378.68 million, reflecting a significant decrease of 39.68% compared to the previous year.
However, there is a silver lining as S Corporation managed to improve its net income in the most recent quarter. With a net income of -$70.30 million, the company saw a promising increase of 21.48% compared to the previous quarter.
Earnings per Share Performance:
Earnings per Share (EPS) is a crucial metric that helps investors evaluate a company’s profitability on a per-share basis. In the case of S Corporation, the EPS figures show a mixed performance.
Over the past year, the company reported an EPS of -$1.36, representing a decline of 35.98% compared to the previous year.
However, in the most recent quarter, S Corporation witnessed a positive turnaround. With an EPS of -$0.24, the company experienced a notable increase of 22.4% compared to the previous quarter.
Conclusion:
The performance of S stock on February 14, 2024, showcased both positive and negative aspects. While the company experienced significant growth in total revenue, it faced challenges in terms of net income. However, S Corporation managed to improve its profitability in the most recent quarter, indicating a potential recovery.
Investors should closely monitor S Corporation’s future financial reports to assess the sustainability of its revenue growth and profitability. By evaluating the company’s ability to maintain positive momentum and address the challenges it faces, investors can make informed decisions regarding their investments in S stock.
