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....
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SentinelOne: Consider Buying This Stock Now