Overview

• On September 8, Robert W. Baird’s Shrenik Kothari reiterated a Buy rating on SentinelOne with a $23 price target following the Observo AI acquisition.
• Baird says Observo AI’s upstream data pipeline technology expands SentinelOne’s SIEM reach by giving greater control over data movement, which may reduce storage costs and enhance security effectiveness.
• The firm adds that the acquisition complements SentinelOne’s AI SIEM platform, positioning a more unified, real-time data management approach for SecOps.
• Fresh bullish coverage also underscores SentinelOne’s AI-driven Singularity platform spanning endpoints, cloud, networks, and identity as a core competitive pillar.
• SentinelOne has scaled to roughly $1 billion in ARR through a land-and-expand model, launched a Flex pricing option to address retention concerns, and continues to trade at a discount to CrowdStrike on P/S with shares at $18.46 as of September 11.