SentinelOne stock gained 1.58 percent after TD Cowen raised its target

Published on 10/05/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SentinelOne stock drew a USD 29 target from TD Cowen on October 2, 2026, up from USD 26. Fiscal Q2 revenue reached USD 291.98 million, up 20.6 percent year over year.

SentinelOne, US81730H1095, Illustration mit AI erstellt.

SentinelOne stock (ISIN US81730H1095) closed at USD 25.06 on the NYSE on October 2, 2026, up 1.58 percent from the previous session. On the same date, TD Cowen raised its price target from USD 26 to USD 29 while maintaining a Buy rating, as Investing.com reported.

TD Cowen lifts target to USD 29

The analyst cited shorter sales cycles and stronger demand for next-generation endpoint security. TD Cowen said SentinelOne's average sales cycles had compressed by 15 percent in recent weeks, while fiscal 2027 net new ARR consensus called for 6 percent year-over-year growth.

The new target stands USD 3 above the prior target and USD 3.94 above the October 2 closing price. That places the target 15.7 percent above the closing price, a materially different signal from the broader analyst average.

Q2 revenue reaches USD 291.98 million

SentinelOne reported second-quarter fiscal 2027 revenue of USD 291.98 million on August 27, 2026, compared with USD 290.24 million expected, according to MarketBeat. Revenue increased 20.6 percent from the prior-year quarter, while adjusted earnings per share came in at USD 0.08 against USD 0.07 expected.

A separate Nasdaq report stated that annual recurring revenue rose 22 percent to USD 1.218 billion and that non-GAAP operating margin reached 10 percent in the quarter. SentinelOne also raised fiscal 2027 revenue guidance to USD 1.202 billion to USD 1.207 billion.

Consensus target trails the stock

MarketBeat's consensus stood at Moderate Buy on October 1, 2026, based on 29 analyst ratings, with an average price target of USD 23.64. The consensus target was below the October 2 closing price, even as several individual firms raised their targets.

For investors, the split is clear: operating metrics improved in fiscal Q2, while the share price has moved ahead of the average target. The next debate centers on whether faster sales cycles can convert into sustained ARR growth without slowing margin expansion.

Stock sits 2.7 percent below yearly high

SentinelOne stock closed at USD 25.06 on October 2, 2026, with a session range of USD 24.92 to USD 25.75. The closing price was 2.7 percent below the 52-week high and the company had a market capitalization of USD 8.4 billion.