SentinelOne price target lowered to $23 from $32 at Needham

Needham analyst Matt Dezort lowered the firm’s price target on SentinelOne (S) to $23 from $32 but keeps a Buy rating on the shares. The company reported a mixed Q4 and offered initial guidance for FY26 that fell short of investor expectations, but the management talked up demand trends and platform adoption driven by emerging solutions, the analyst tells investors in a research note. With shares selling off following results, investors are skeptical of the targeted second-half revenue ramp, especially as macro uncertainty increases, the firm added.