SentinelOne Inc (NYSE:S) reported upbeat financial results for the second quarter, but lowered its FY27 adjusted EPS guidance.

SentinelOne reported second-quarter revenue of $291.98 million, beating the consensus estimate of $290.25 million, according to Benzinga Pro. The company posted second-quarter adjusted earnings of eight cents per share, beating analyst estimates of seven cents per share.

"Our Q2 performance demonstrates strong progress across every dimension of our business — a top-tier growth profile, accelerating platform adoption, and undisputed technology leadership for both AI for Security and Security for AI," said Tomer Weingarten, CEO of SentinelOne.

SentinelOne expects third-quarter revenue of approximately $309 million to $311 million versus estimates of $309.44 million. The company anticipates adjusted earnings of eight cents to nine cents per share in the third quarter versus estimates of 11 cents per share.

SentinelOne also lowered its fiscal 2027 adjusted earnings outlook from a range of 32 to 38 cents per share to a new range of 30 to 32 cents per share, versus estimates of 35 cents per share. The company sees full-year revenue of $1.205 billion to $1.207 billion, up from prior guidance of $1.195 billion to $1.205 billion. Analysts are looking for full-year revenue of $1.205 billion.

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

These analysts made changes to their price targets on SentinelOne following earnings announcement.

  • Needham analyst Mike Cikos maintained the stock with a Buy and raised the price target from $20 to $26.
  • Citizens analyst Rustam Kanga maintained the stock with a Market Outperform and raised the price target from $23 to $25.

Considering buying S stock? Here’s what analysts think:

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