Research Alert: CFRA Maintains Hold Rating On Shares Of Sentinelone, Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our target price to $17, from $16, on an EV/S of 4.2x our FY 27 (Jan.) sales forecast of $1.203B, below its three-year average on a softer revenue guide. We raise our FY 26 EPS projection to $0.36 from $0.33, and lift our FY 27 EPS forecast to $0.48 from $0.46. S reported Q1 FY 27 revenue of $277M, up 21% Y/Y, with total ARR reaching $1,163M, growing 23% Y/Y and accelerating sequentially. A record net new ARR of $44M rose 55% Y/Y, due to new logos and expansion, while customers with $100K+ ARR grew 17% to 1,702, reflecting strong upmarket momentum. We note that emerging products continue to be a meaningful growth driver for the firm, and highlight that non-endpoint solutions (AI Security, Data, Cloud) now constitute approximately 50% of total ARR, reflecting its diversified portfolio. While several metrics and management's commentary suggest strong demand, its conservative outlook gives us pause on a more bullish view. Restructuring initiatives also risk sales disruptions ahead.
