How to Buy Sentinelone Stock
Sentinelone Inc
Sentinelone is a software infrastructure company located in California, United States, which is part of the Technology sector, and is traded under the ticker S on the NYSE exchange.
Sentinelone stock last closed at $20.47, up 2.09% from the previous day, and has increased 17.11% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.06 percentage points. Sentinelone stock is currently +64.68% from its 52-week low of $12.43, and -33.45% from its 52-week high of $30.76.
As of Apr 22, 2024, there are 310.01M S shares outstanding. The market capitalization of S is $6.35B. In the last 24 hours, 3.35M S shares were traded.
How to Buy Sentinelone Stock
Not sure how to invest in Sentinelone stock? Here's how.
- Figure out where to buy Sentinelone stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Sentinelone stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your details.
- Research Sentinelone stock: The Sentinelone ticker symbol is S. Is Sentinelone stock a good investment? Should you buy shares of S? How do S's underlying business fundamentals look? Do top analysts think Sentinelone is a good buy? Why has S's stock price moved recently? (Hint: Our stock market research website can help you understand if S is a good stock to buy).
- Place your S trade: Decide if you will purchase S shares at the current market price or use a limit order to purchase S stock at a specific price.
- Get key alerts regarding your investment in S: Create a watchlist to keep track of your investment in Sentinelone shares.
Step 1: Figure out where to buy Sentinelone stock
You need an online brokerage account to access the NYSE market and buy S stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you can invest in S stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start your new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on the highest rated stock app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing funds into your new investment account.
Step 4: Research Sentinelone stock
After you have figured out the best place to buy Sentinelone stock, it's critical to analyze their stock before you buy, so you can understand the risk and upside.
Sentinelone Numbers
S Zen Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on S's stock page.
Is S stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge S's intrinsic value.
Using relative valuations ratios:
- S may be undervalued based on its P/B ratio of 3.98x, relative to Software - Infrastructure industry P/B ratio of 11.55x
You can access more valuation research on S's stock here.
S Financials at a glance
Passed Financial Due Diligence Checks:
- S has $925.96M in cash and short term investments. This is enough to cover its annual cash burn of $83.63M.
- There are more short-term assets than short-term liabilities on the S balance sheet.
- S has cash burn of 83634000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the S balance sheet.
Failed Financial Due Diligence Checks:
- S profit margin has gone up by 0.35 percentage points in the past year, but the company is still unprofitable.
- S has a relatively high debt to equity ratio of 0.46.
Do Wall Street analysts think it's a good time to buy Sentinelone stock
Out of 17 Equities analysts who give ratings on S, the consensus analyst rating on S is a Buy
It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest S Analyst Recommendations
Yun Kim, a top 10% analyst from Loop Capital maintains S with a strong buy rating and raises their S price target from $28.00 to $30.00, on Mar 14, 2024.
Loop Capital's Yun Kim raised their price target on Sentinelone (NYSE: S) by 7.1% from $28 to $30 on 2024/03/14. The analyst maintained their Strong Buy rating on the stock.
Sentinelone's "steady" results marked the company's third consecutive at least in-line quarter, the analyst told investors after studying Sentinelone's Q4 and FY 2024 earnings results on 2024/03/13.
However, investors likely expected more than simply in-line results and guidance given the company's closest peer reporting accelerating growth last week, Kim noted.
All in all, Sentinelone's results over the last three quarters indicate that its business trends continue to stabilize and that its sales execution has largely adjusted to the current environment, which "remains challenging," the analyst concluded.
Earnings Report
Sentinelone reported:
For Q4 2024:
- Loss per share of $0.02, which beat the Zacks Consensus Estimate by 50% and, by 84.6%, Q4 2023's loss of $0.13.
- Revenue of $174.2M, which beat the Zacks Consensus Estimate by 2.76% and Q4 2023's $126.1M by 38.1%.
- Gross margin of 78%, up from Q4 2023's 75%.
- At quarter-end, ARR (Annual Recurring Revenue) of $724.4M, up 39% Y/Y.
- Free cash flow of $(10.6M), up from Q4 2023's $(26.4M).
For FY 2024:
- Loss per share of $0.28, compared to FY 2023's $(0.70).
- Revenue of 47% to $621.2M, up 47% from FY 2023's $422.2M.
- Gross margin of 77%, up from FY 2023's 72%.
Management guided:
For Q1 2025:
- Revenue of $181M, representing 36% Y/Y growth.
- Gross margin of 77.5%.
For FY 2025:
- Revenue of $812M to $818M, representing Y/Ygrowth of 31% at the midpoint.
- Gross margin of 77.5% to 78.5%.
CEO Tomer Weingarten commented: “We closed the year on a very strong note and surpassed our Q4 top and bottom line expectations.
"In FY 2024, we delivered industry-leading revenue growth of 47% and operating margin improvement of more than 30% compared to the prior year.
“Our pace of innovation and security leadership remain unmatched. Enterprises are selecting SentinelOne at a record pace across endpoint, data, cloud security, and more. We are giving control back to the enterprises through enterprise-wide visibility and autonomous cybersecurity.”
CFO Dave Bernhardt added: “Once again, we delivered strong top-line growth and margin expansion, showcasing the scale and breadth of our Singularity Platform.
"We achieved our tenth consecutive quarter of over 25% Y/Y operating margin improvement.
“Building on our FY 2024 outperformance, we aim to maintain our industry-leading growth profile while turning the page on profitability by the end of the year.”
Taz Koujalgi, a top 10% analyst from Wedbush maintains S with a buy rating and raises their S price target from $28.00 to $32.00, on Mar 12, 2024.
Alex Henderson, a top 1% analyst from Needham maintains S with a buy rating and raises their S price target from $28.00 to $31.00, on Mar 12, 2024.
Raymond McDonough, a top 28% analyst from Guggenheim maintains S with a strong buy rating and raises their S price target from $26.00 to $32.00, on Feb 21, 2024.
Gabriela Borges, a top 18% analyst from Goldman Sachs maintains S with a hold rating and raises their S price target from $19.00 to $28.00, on Feb 21, 2024.
You can dive deeper into what analysts are forecasting on the Sentinelone stock forecast page.
Metrics for Advanced S Traders
S Performance Metrics
Last year, S revenue was $621.15M. Over the past 4 year, S's revenue has gone up by 91.2% per year. This was faster than the Software - Infrastructure industry average of 17.04%.
You can analyze S's earnings and revenue performance here.
Who is buying/selling S?
Over the past year, executives and large shareholders at S have sold more shares than they have bought.
Tomer Weingarten, President CEO of S, was the latest S insider to sell. They sold $1,055,434.30 worth of S stock on Apr 11, 2024.
Dig into more about who owns S stock here.
Can I get consistent income from S stock?
No, Sentinelone doesn't provide an income stream by paying out dividends.
S Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your S trade
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount limit, place a limit order.
Press the Open button and eToro will execute your order.
If you need more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your investment in S
Now that you own some S stock, you'll want to stay up-to-date on your investment.
Create a watchlist to get the latest updates about your S stock.
S Feed
How to Buy Stock in Sentinelone
To reiterate, here are the 6 steps to buy Sentinelone stock:
- Figure out where to buy Sentinelone stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Sentinelone stock
- Place your S trade
- Get key alerts regarding your investment in S
If you are looking for a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your investment in Sentinelone, click the button below.
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