SentinelOne Inc (S) stock forecast: Can it reach its 52-week high of $30.76

A share price of SentinelOne Inc [S] is currently trading at $25.26, up 2.85%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The S shares have gain 9.02% over the last week, with a monthly amount glided 9.30%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

SentinelOne Inc [NYSE: S] stock has seen the most recent analyst activity on August 22, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $29 from $19. Previously, Robert W. Baird started tracking the stock with Outperform rating on July 15, 2024, and set its price target to $25. On June 04, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $23 on the stock. Needham reiterated its Buy rating and increased its price target to $31 on March 12, 2024. BofA Securities upgraded its rating to a Buy and raised its price target to $35 on February 14, 2024. BTIG Research upgraded its rating to Buy for this stock on January 22, 2024, but kept the price target unchanged to $30. In a note dated January 18, 2024, Bernstein initiated an Outperform rating and provided a target price of $34 on this stock.

SentinelOne Inc experienced fluctuations in its stock price throughout the past year between $14.33 and $30.76. Currently, Wall Street analysts expect the stock to reach $28.44 within the next 12 months. SentinelOne Inc [NYSE: S] shares were valued at $25.26 at the most recent close of the market. An investor can expect a potential return of 12.59% based on the average S price forecast.

Analyzing the S fundamentals

Trailing Twelve Months sales for SentinelOne Inc [NYSE:S] were 674.12M which represents 39.70% growth. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at -0.51%, Pretax Profit Margin comes in at -0.44%, and Net Profit Margin reading is -0.45%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.19 and Total Capital is -0.2. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 24.82 points at the first support level, and at 24.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.54, and for the 2nd resistance point, it is at 25.81.

Ratios To Look Out For

To put it in perspective, the Current Ratio for SentinelOne Inc [NYSE:S] is 1.79. Further, the Quick Ratio stands at 1.79, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 11.72, the price to book ratio is 4.87.

Transactions by insiders

Recent insider trading involved Weingarten Tomer, President, CEO, that happened on Aug 12 ’24 when 60864.0 shares were sold. Chief Financial Officer, Bernhardt David J. completed a deal on Aug 09 ’24 to sell 4021.0 shares. Meanwhile, President, CEO Weingarten Tomer sold 70655.0 shares on Aug 09 ’24.

Related Posts