BTIG Downgrades SentinelOne Following Negative Results From Field Checks

SentinelOne, Inc. (NYSE:S) is one of the stocks on Jim Cramer’s and analysts’ radar. On August 25, BTIG lowered its rating on S stock to Neutral from Buy. The firm removed its price target following negative results from recent field checks. The analyst cited rising competitive pressure from larger platform vendors in the cybersecurity sector. The firm stated that Street estimates for the second half of fiscal 2026 and fiscal 2027 appear overly optimistic and expects revenue growth to slow to the low double digits over the next few years.

SentinelOne, Inc. (NYSE:S) delivers AI-powered cybersecurity solutions designed to autonomously prevent, detect, and respond to threats targeting endpoints, cloud workloads, and identity credentials. Furthermore, it should be noted that Cramer was bearish on the stock as well. On August 7, when a caller inquired what Cramer thought of the company, he remarked, “Just hype.”

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