BUZZ-Street View: SentinelOne holds tight on full-year outlook despite quarterly beat
SentinelOne's shares fell 13.3% to $14.72 after reporting Q3 results. The company expects Q4 revenue of $271 million, slightly below analysts' estimates. Despite a quarterly beat, the full-year revenue guidance was only modestly raised, leading to mixed analyst opinions. Scotiabank, JP Morgan, Piper Sandler, and Morgan Stanley provided varied perspectives, highlighting the company's conservative outlook and limited estimate revisions.
Shares of cyber security firm SentinelOne (S.N) fall 13.3% to $14.72
Co reported Q3 results on Thursday
SentinelOne expects Q4 revenue of $271 mln, below analysts’ estimate of $271.89 according to LSEG-compiled data
Up to last close, stock had fallen ~24% YTD
CONSERVATISM IN OUTLOOK
Scotiabank (“sector perform”, PT: $17) highlights FY26 revenue guidance rose less than the “quarterly beat”, noting co’s stance as a “prudent” approach to Q4 revenue guidance
JP Morgan (“neutral”, PT: $17) stresses quarter’s revenue strength did “not materially flow through” to full-year outlook, with Q4 revenue guidance landing below Street expectations
Piper Sandler (“overweight”, PT: $20) notes full-year revenue guidance was only modestly raised, which was smaller than many had anticipated despite the quarterly beat
Morgan Stanley (“equal-weight”, PT: $18) observes that while ARR exceeded expectations, co’s commentary remained reserved and it did not pass the full top-line beat into updated guidance, limiting estimate revisions
