SentinelOne falls on weak annual profit forecast
S•Quarterly results beat on earnings and revenue
SentinelOne posted Q2 adjusted EPS of 8 cents and revenue of $292 million, above estimates of 7 cents and $290.24 million.
According to LSEG-compiled data, 22 of 38 brokerages rate the stock "buy" or higher and 16 rate it "hold". The median price target is $24.
As of the last close, the stock was up 51.4% year to date.
Shares fall after FY27 profit forecast misses estimates
Cybersecurity firm SentinelOne's shares fell 3.6% to $21.9 premarket after the company forecast FY27 adjusted EPS between 30 cents and 32 cents, below analysts' estimate of 34 cents, according to data compiled by LSEG.
The company also sees Q3 revenue and adjusted EPS in the range of $309 million to $311 million and 8 cents to 9 cents, respectively, slightly below estimates of $311.22 million and 10 cents.
