On May 28, SentinelOne fell 9.93% in after-hours trading, trading at $15.8/share, with trading volume of $10.37 million. The decline followed the company's fiscal Q1 earnings release, which showed a revenue miss against market expectations.
SentinelOne reported fiscal Q1 adjusted EPS of $0.04, beating the consensus estimate of $0.02, while revenue came in at $276.657 million, slightly below the $277.307 million estimate. The company had previously guided Q1 revenue in the range of $276 million to $278 million. Prior to the report, Oppenheimer had noted that quarterly checks suggested better-than-expected performance, citing momentum in PurpleAI and Singularity SIEM products and improving mid-market win rates.
Notably, the stock was already under pressure before earnings, having declined over 5% in pre-market trading on May 27 after cybersecurity peer Zscaler plunged 24.49%, weighing broadly on sector sentiment. The combination of weak sector dynamics and a marginal revenue miss amplified selling pressure post-report. Analysts have also highlighted that SentinelOne holds a $250 million to $300 million stake in Anthropic, which could unlock incremental value if the AI company proceeds with an IPO.
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