Traders Ditched These 10 Stocks. Here’s Why

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1. SentinelOne, Inc. (NYSE:S)

SentinelOne fell by 11.59 percent on Thursday to close at $17.39 apiece as investor sentiment was dented by its disappointing earnings performance in the first quarter of fiscal year 2026.

In a statement, SentinelOne, Inc. (NYSE:S) said its net loss nearly tripled to $208 million from $70 million in the same period last year, despite revenues increasing by 23 percent to $229 million from $186 million year-on-year.

Looking ahead, the company expects $242 million in revenues for the second quarter of the fiscal year, as well as between $996 million and $1 billion for the full fiscal year.

“Our innovation engine is fueling adoption across AI, Data, Cloud, and Endpoint. With Singularity, we’re leading a transformational shift toward AI-powered security for the future,” said SentinelOne, Inc. (NYSE:S) CEO Tomer Weingarten.

Additionally, the company said that it would embark on a $200-million share buyback program. Repurchases may be made from time to time in the open market or through other methods, subject to market conditions and regulatory requirements.

While we acknowledge the potential of S, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than S and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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