We recently published a list of Traders Ditched These 10 Stocks. Here’s Why. In this article, we are going to take a look at where SentinelOne, Inc. (NYSE:S) stands against other worst-performing stocks.
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. 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.
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“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. 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.
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This article is originally published at Insider Monkey.