Analysts Offer Insights on Technology Companies: SentinelOne (S) and Progress Software (PRGS)
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SentinelOne is a cloud-based cybersecurity company specializing in endpoint protection. SentinelOne's primary offering is its Singularity platform that offers a single pane of glass for an enterprise to detect and respond to security threats attacking its IT infrastructure. The California-based firm was founded in 2013 and went public in 2021.
Sentinelone Class A trades on the NYSE stock market under the symbol S.
As of January 27, 2025, S stock price climbed to $23.43 with 719,141 million shares trading.
S has a beta of 1.70, meaning it tends to be more sensitive to market movements. S has a correlation of 0.18 to the broad based SPY ETF.
S has a market cap of $7.53 billion. This is considered a Mid Cap stock.
Last quarter Sentinelone Class A reported $211 million in Revenue and $.00 earnings per share. This beat revenue expectation by $928,000 and exceeded earnings estimates by $.20.
In the last 3 years, S traded as high as $48.46 and as low as $12.43.
The top ETF exchange traded funds that S belongs to (by Net Assets): VTI, VB, CIBR, VXF, VGT.
S has underperformed the market in the last year with a return of -9.4%, while the SPY ETF gained +24.6%. In the last 3 month period, S fell short of the market, returning -9.8%, while SPY returned +3.5%. However, in the most recent 2 weeks S has outperformed the stock market by returning +4.5%, while SPY returned +3.0%.
S support price is $22.71 and resistance is $23.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that S shares will trade within this expected range on the day.