Robert W. Baird analyst Shrenik Kothari assigned a Buy rating on SentinelOne yesterday and set a price target of $22.00.
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Shrenik Kothari has given his Buy rating due to a combination of factors including SentinelOne’s strong quarterly execution and expanding platform adoption. The company delivered a meaningful beat in new net ARR, with non-endpoint offerings now representing more than half of bookings and Purple AI attaching to a majority of new licenses, signaling deepening customer reliance on its AI-native security platform.
He also views the fiscal 2027 outlook as attractive, with around 20% revenue growth accompanied by improving operating margins toward double digits, reflecting rising operating leverage. Strength in cloud, data, and services ARR, increasing multi-product penetration among enterprise customers, and early but accelerating wins in AI security – alongside a valuation that still implies favorable risk/reward – collectively support his constructive stance and Buy recommendation.
In another report released on March 11, Rosenblatt Securities also maintained a Buy rating on the stock with a $20.00 price target.
Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of S in relation to earlier this year.