SentinelOne's rating has been changed to Neutral by UBS due to a lack of potential catalysts for the company in the coming years.

This downgrade resulted in a 1% drop in the company's shares during premarket trading.

UBS analyst Roger Boyd has adjusted the forecast for SentinelOne's net new annual recurring revenue in 2025, now predicting a growth rate of 3%, down from the previous estimate of 5.5%.

This adjustment reflects concerns about the company's growth prospects and competitive position in the cybersecurity industry.