SentinelOne IncScotiabank upgraded SentinelOne to Outperform, citing AI platform and security spending.

Scotiabank upgraded SentinelOne to Outperform in early July 2026, citing confidence in the company's AI-native cybersecurity platform and its exposure to rising security spending. The upgrade coincided with routine sell-to-cover stock sales by the CFO and president tied to restricted stock unit vesting. SentinelOne recently launched Purple AI Agentic Investigation and Prompt Security integrations with Amazon Bedrock AgentCore, reinforcing its AI capabilities beyond endpoint protection. The company projects $1.7 billion in revenue and $203.9 million in earnings by 2029, requiring 18.1% annual revenue growth and a $654.6 million earnings improvement from a current loss of $450.7 million.
SentinelOne IncScotiabank upgraded SentinelOne to Outperform, citing AI platform and security spending.
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