From Financial Modeling Prep: 2025-01-15 11:00:00

Oppenheimer analysts started coverage on SentinelOne (NYSE:S) with an Outperform rating and a $32 price target. The cybersecurity firm is poised for growth with new leadership, innovative products, and expanding market opportunities.

SentinelOne’s operational improvements, including streamlined sales strategies and expansion into non-endpoint markets, are driving growth. Analysts expect gains in market share and Net New Annualized Recurring Revenue (NNARR).

Despite recent progress, the market undervalues SentinelOne’s platform and strategic adjustments. Consistent performance and market share gains could lead to a revaluation, according to Oppenheimer.



Read more at Financial Modeling Prep:: SentinelOne Positioned for High Growth, Oppenheime…