Form 8-K SentinelOne, Inc. For: Jun 01

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Go back to Form 8-K SentinelOne, Inc. For: Jun 01

BTIG Downgrades SentinelOne Inc (S) to Neutral, 'Too Hard to Defend'

June 2, 2023 5:54 AM EDT

BTIG analyst Gray Powell downgraded SentinelOne Inc (NYSE: S) from Buy to Neutral.

The analyst comments "Ss Q1/April print was disappointing on multiple levels and quite frankly hard to dissect. As a result, we are downgrading the stock to a Neutral from Buy. Most notably, S grew delivered ARR of $564MM / +75% y/y vs. our estimate of $591MM /+74% (Street $594MM). The $27MM shortfall relative to our model was entirely due to a... More