SentinelOne Inc. is a cybersecurity company that specializes in providing advanced endpoint security solutions powered by artificial intelligence to protect organizations from a wide range of cyber threats
The company's platform autonomously detects, prevents, and responds to attacks across various devices and systems, ensuring that businesses can operate securely in an increasingly digital landscape. By leveraging machine learning and behavioral analysis, SentinelOne delivers proactive security measures and real-time threat intelligence, enabling organizations to safeguard their critical assets and maintain compliance in today's complex and evolving threat environment.
Several cybersecurity stocks have experienced a huge drop in the last three or four months, creating a potential buying opportunity at more favorable prices.
Trade tensions create concerns for automotive industry. Goldman Sachs warns tariffs could hurt earnings. EPA starts process to reverse emissions standards. FTC requests delay in Amazon trial. Trump suggests Meta may invest $60B in US. Earnings reports for S, UiPath, BLNK, RBRK.
SentinelOne is set up to rebound strongly, and it could begin at any time. Macroeconomic headwinds and non-fundamental forces are weighing on the price.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at cybersecurity stocks, starting with SentinelOne (NYSES).
Cyber security company SentinelOne (NYSES) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 29.5% year on year to $225.5 million. On the other hand, next quarter’s revenue guidance of $228 million was less impressive, coming in 3.3% below analysts’ estimates. Its non-GAAP profit of $0.04 per share was $0.03 above analysts’ consensus estimates.
JPMorgan said its industry conversations were mixed to slightly positive for the quarter but cut its price target due to a contraction in peer multiples.
