S - SentinelOne: Consider Buying This Stock Now

2024-06-24 13:50:50 ET

Summary

• SentinelOne, Inc. is currently undervalued and out of favor with investors due to lowered growth guidance, but is projected to become profitable with strong free cash flows and no debt.
• The company is experiencing growth, particularly among large enterprises, and is expected to reach a Price Target of $40 per share by the summer of 2025.
• Despite challenges in improving its go-to-market strategy and integrating new products, SentinelOne's impressive fundamentals and rapid progress in profitability make it a promising investment opportunity.

Investment Thesis

SentinelOne, Inc. ( S ) is out of favor with investors. And it's easy to see why. This is a growth stock. And growth stocks get killed when they pull in their growth guidance. And that just makes sense.

But I declare that my investment thesis has less to do with its revenue growth rates, which although important aren't where my thesis is based. I argue that in less than twelve months you'll be eyeing up a very different SentinelOne business....

For further details see: