CCORF analyst Kingsley Crane maintains $SentinelOne (S.US)$ with a buy rating, and maintains the target price at $30.
According to TipRanks data, the analyst has a success rate of 54.3% and a total average return of 5.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $SentinelOne (S.US)$'s main analysts recently are as follows:
Following participation in the investor technology session at SentinelOne's One.Con this week, there is an enhanced positive outlook regarding the increasing diversity of non-endpoint solutions and the partnership with Lenovo.
The firm observed a conference where the company demonstrated its AI-driven Singularity platform. With stable pricing, a strong pipeline development, and a growing MSSP ecosystem, a positive outlook was expressed by both partners and management.
The firm's confidence in SentinelOne has been bolstered following the company's inaugural analyst event. This sentiment is rooted in the company's growing platform, an enhanced approach to the market, and refined execution. Additionally, the recent partnership with a leading PC shipment company, announced last month, is seen as potentially 'transformational,' with the prospect of significantly contributing to the company's annual recurring revenue projections in the forthcoming years.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
