U.S. stock futures were slightly lower this morning, with the Dow futures falling around 0.1% points on Thursday.
SentinelOne, Inc. (NYSE:S ) Q3 2025 Earnings Conference Call December 4, 2024 5:00 PM ET Company Participants Doug Clark - Vice President, Investor Relations Tomer Weingarten - Chief Executive Officer Barbara Larson - Chef Financial Officer Conference Call Participants Brad Zelnick - Deutsche Bank Gray Powell - BTIG Rob Owens - Piper Sandler Saket Kalia - Barclays Shaul Eyal - TD Cowen Tal Liani - Bank of America Brian Essex - JPMorgan Joe Gallo - Jefferies Matt Dezort - Needham & Co. Shrenik Kothari - Baird John DiFucci - Guggenheim Trevor Walsh - Citizens JMP Operator Good afternoon. Thank you for attending today's SentinelOne Q3 Fiscal Year 2025 Earnings Conference Call.
SentinelOne missed Wall Street estimates for third-quarter profit on Wednesday, as the cybersecurity firm grapples with stiff competition from larger peers, sending its shares down more than 12% in extended trading.
SentinelOne (S) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to loss of $0.03 per share a year ago.
SentinelOne (S) ticked lower after hours despite reporting a sales beat and guidance above analyst expectations. George Tsilis takes a closer look into the earnings to determine what's driving the disappointment.
SentinelOne stock fell after the cybersecurity firm reported Q3 revenue that edged by estimates while guidance came in slightly above views. The post SentinelOne Revenue Beat, Guidance Underwhelms.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
SentinelOne, Inc. is a leader in cloud and AI security, showing strong ARR growth and taking market share from competitors like CrowdStrike. Despite high growth rates, SentinelOne trades discounted compared to peers like CrowdStrike and Palo Alto Networks, making it a compelling investment. The company is turning profitable, has a strong balance sheet, and is expected to report increasing revenues and profits, enhancing its investment appeal.
S's Q3 performance is expected to have benefited from its robust growth in the Singularity platform despite a challenging macroeconomic environment.
JPMorgan raised the firm's price target on SentinelOne to $33 from $30 and keeps an Overweight rating on the shares as part of an earnings preview. The firm sees the narrative for the stock "shifting in its favor." The company could reaccelerate as a sustainably profitable emerging competitor, generating cash flow, and taking share in its core markets at a faster rate than its larger competitors, the analyst tells investors in a research note. The stock continues to trade at a discount to its high growth peers and SentinelOne "will report another quarter of healthy results next week," adds JPMorgan. The firm's industry conversations have reflected an accelerating pipeline and deal momentum, which it thinks is largely a function of a greater focus on growth-related investment.
In the most recent trading session, SentinelOne (S) closed at $27.93, indicating a +0.18% shift from the previous trading day.
S's strong prospects are driven by an expanding AI-powered portfolio and a solid partner base despite a challenging macroeconomic environment.