SentinelOne Inc. shares climbed to a 52-week high of $23.97, trading near their peak after the company reported second-quarter fiscal 2027 results that exceeded analyst expectations.
Revenue and annual recurring revenue for the quarter beat FactSet consensus estimates by 0.6% and 0.4%, respectively. Net new ARR came in at $56 million, noted by UBS, which added that free cash flow was impacted by severance expenses.
The stronger results helped push the stock up 17% over the past week and 60% over the preceding six months. It has gained 26.2% over the past year before touching the recent high.
Scotiabank, Canaccord, and UBS all raised their price targets in response — to $26, $25, and $24, respectively. Cantor Fitzgerald maintained an Overweight rating with a $26 target. DA Davidson held firm at Neutral with a lower $20 target.
Despite the bullish analyst moves, InvestingPro flagged the stock as overvalued relative to its Fair Value estimate, placing it among the platform's "Most Overvalued stocks."
