Barclays Maintains a Hold Rating on SentinelOne (S) With a $19 PT

SentinelOne, Inc. (NYSE:S) is one of the best stocks under $20 to buy for the long term. On August 22, Barclays analyst Saket Kalia maintained a Hold rating on SentinelOne, Inc. (NYSE:S) and set a price target of $19.00.

In other news, SentinelOne, Inc. (NYSE:S) reported on August 5 that it signed a definitive agreement for the acquisition of Prompt Security. Prompt Security is a pioneer in securing AI in runtime, safeguarding intelligent agents and preventing AI-related data leakage.

Management reported that the deal marks a part of SentinelOne, Inc.’s (NYSE:S) strategy to extend its AI-native Singularity™ Platform to “secure the rapidly growing use of generative (GenAI) and agentic AI in the workplace.”

SentinelOne, Inc. (NYSE:S) added that this includes “real-time visibility into how AI tools are accessed, what data is being shared, and automated enforcement to prevent prompt injection, sensitive data leakage, and misuse—without slowing innovation”.

SentinelOne, Inc. (NYSE:S) provides endpoint security software that detects, predicts, and models threat behavior for blocking attacks on any computing device. The company’s services include support, vigilance, and training.

While we acknowledge the potential of S as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.