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Investing.com - Citizens JMP analyst Trevor Walsh reiterated a Market Outperform rating and $29.00 price target on SentinelOne Inc (NYSE:S) following the company’s fiscal second-quarter 2026 results. This target aligns with the broader analyst consensus, as targets currently range from $18 to $30.
SentinelOne reported revenue of $242.2 million for the quarter, slightly above consensus expectations of $242.1 million, representing a 22% year-over-year increase.
The cybersecurity firm’s annual recurring revenue (ARR) reached $1,001.4 million, exceeding analyst consensus of $985.3 million.
SentinelOne achieved a non-GAAP operating margin of 2.2%, significantly outperforming the consensus estimate of 0.2%.
The stock is down approximately 15% year-to-date, despite trading up about 9.0% in after-hours trading following the earnings release, compared to the Russell 3000 index which is up roughly 9.9% during the same period. InvestingPro analysis suggests the stock is currently undervalued, with additional insights and a comprehensive Pro Research Report available for subscribers.
In other recent news, SentinelOne Inc. reported its earnings for the second quarter of fiscal year 2026, exceeding analysts’ expectations. The company achieved an earnings per share (EPS) of $0.04, surpassing the forecasted $0.03. Additionally, SentinelOne reported revenue of $242.18 million, slightly above the anticipated $242.16 million. These results demonstrate a positive performance for the company in this quarter. The earnings announcement was followed by a rise in the company’s stock price, although specific movements are not detailed here. This development reflects SentinelOne’s ability to outperform market predictions. Investors and analysts will likely keep a close watch on the company’s future earnings reports to assess its continued financial health.
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