Robert W. Baird analyst Shrenik Kothari has maintained their bullish stance on S stock, giving a Buy rating on March 9.
Shrenik Kothari has given his Buy rating due to a combination of factors that suggest a favorable setup for SentinelOne. The company is approaching its easiest annual recurring revenue and revenue comparisons for fiscal year 2025, which sets a low bar for performance following a significant stock pullback. Despite mixed channel checks, there are signs of stabilization in execution, with positive feedback from partners and improving go-to-market strategies. Additionally, there is incremental demand in areas such as Cloud, AI SIEM, and Data Security, which supports the company’s growth prospects.
Furthermore, SentinelOne is expected to maintain multiple growth levers, including strategic partnerships and expanding federal presence, which should sustain growth into fiscal year 2026. Although the new CFO may adopt a more conservative guidance approach, the moderated expectations for 2025 create opportunities for potential upside in the coming quarters. The company’s expanding operating and free cash flow margins indicate improved operational efficiency. The recent decline in stock price has resulted in a valuation that is below historical averages and peers, providing valuation support as execution trends stabilize.
According to TipRanks, Kothari is a top 100 analyst with an average return of 25.8% and a 75.00% success rate. Kothari covers the Technology sector, focusing on stocks such as Check Point, CyberArk Software, and Fortinet.
In another report released on March 9, J.P. Morgan also maintained a Buy rating on the stock with a $27.00 price target.
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