Wells Fargo Starts SentinelOne Inc (S) at Equal Weight

Wells Fargo analyst Richard Poland initiates coverage on SentinelOne Inc (NYSE: S) with a Equal Weight rating and a price target of $13.00.

The analyst comments "Despite a compelling valuation for a name operating in several large spend categories, S1's maturation phase (core growth slowing, driving profitability) has been noisy & it's unclear what will be the catalyst for acceleration/re-rating. Initiate EW. Intense competition in a more mature core end market keeps new logo acceleration at bay, but likely priced in. S holds #3 position in a critical end market & despite positive feedback on its tech, accelerating share gains has proven tough vs large security consolidators with deeper R&D pockets and wider distribution advantages, including CrowdStrike, Microsoft, and Palo Alto Networks. Our field work echos this sentiment, and our CIO survey indicated endpoint is lower priority heading into 2026."

For an analyst ratings summary and ratings history on SentinelOne Inc click here. For more ratings news on SentinelOne Inc click here.

Shares of SentinelOne Inc closed at $13.12 yesterday.

You May Also Be Interested In

• Backblaze Inc (BLZE) PT Raised to $14 at Needham
• Needham Reiterates Buy Rating on Cerebras Systems (CBRS)
• Darden Restaurants (DRI) PT Raised to $235 at Guggenheim