7/104 sources · 3 publishersUpdated Oct 24, 02:22 UTC
Rosenblatt lifts SentinelOne price target to $28, sparking sharp stock rally
Rosenblatt Securities raised its price target on SentinelOne (NYSE:S) from $25 to $28, citing progress in autonomous security and AI monetization. The upgrade triggered a 4.2% to 7.0% intraday gain in SentinelOne shares despite broader market weakness. Analysts also highlighted the company’s recent AI‑security product launches and strong customer adoption.
Why it matters
The higher target suggests upside of about 24% from the current $22.50 price, which may attract buying interest. The rally reflects renewed investor confidence in SentinelOne’s AI‑security positioning and could lift the stock’s short‑term momentum.
Key facts
- 1Rosenblatt raised its price target on SentinelOne to $28 from $25. investing.com
- 2The new target implies roughly 24% upside from the current price of $22.50. investing.com
- 3SentinelOne shares rose 4.2% after the price‑target increase. investing.com
- 4SentinelOne shares rose 7.0% later in the day. quiverquant.com
- 5Revenue grew 21% year over year to $292 million. quiverquant.com
- 6Fiscal 2027 revenue guidance was lifted to $1.202 billion–$1.207 billion. quiverquant.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.