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SentinelOne upgraded to Buy from Hold at Jefferies
The Fly

SentinelOne upgraded to Buy from Hold at Jefferies

Jefferies upgraded SentinelOne (S) to Buy from Hold with a price target of $30, up from $27. The firm says SentinelOne’s “value dislocation” versus CrowdStrike (CRWD) and the remainder of its software coverage “has become to significant.” In addition, the analyst sees several fundamental fiscal 2026 catalysts for SentinelOne, including easier compares, a new CFO, the Lenovo and CrowdStrike IT incident, and an improving small business environment. All these catalysts should sustain 23% year-over-year annual recurring growth in fiscal 2026 “with potential for meaningful upside,” the analyst tells investors in a research note.

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