SentinelOne Q2 Results Beat Estimates, Cuts Profit Outlook, Analysts Raise Price Targets

SentinelOne Inc reported upbeat second-quarter financial results, but lowered its fiscal 2027 adjusted EPS guidance.

SentinelOne reported second-quarter revenue of $291.98 million, beating the consensus estimate of $290.25 million. The company reported second-quarter adjusted EPS of 8 cents, surpassing analyst expectations of 7 cents.

SentinelOne CEO Tomer Weingarten said: "Our second-quarter performance demonstrates strong progress across every dimension of the business—best-in-class growth momentum, accelerating platform adoption, and undisputed technology leadership in both 'securing AI' and 'AI-powered security.'"

SentinelOne expects third-quarter revenue of approximately $309 million to $311 million, versus market expectations of $309.44 million. The company expects third-quarter adjusted EPS of 8 to 9 cents, versus market expectations of 11 cents.

SentinelOne also lowered its fiscal 2027 adjusted EPS outlook from a prior range of 32 to 38 cents to a new range of 30 to 32 cents, versus market expectations of 35 cents. The company expects full-year revenue of $1.205 billion to $1.207 billion, up from prior guidance of $1.205 billion to $1.205 billion. Analysts expect full-year revenue of $1.205 billion.

SentinelOne shares fell 2.3% to $22.20 in pre-market trading.

These analysts adjusted their price targets on SentinelOne following the earnings release.

Needham analyst Mike Cikos maintained a Buy rating on the stock and raised the price target from $20 to $26.

Citizens analyst Rustam Kanga maintained an Outperform rating on the stock and raised the price target from $23 to $25.

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