S Stock Recent News

The CrowdStrike glitch is notable, but SentinelOne was already firing on all cylinders. SentinelOne's market share is a rounding error in a rapidly growing cybersecurity market.

In the closing of the recent trading day, SentinelOne (S) stood at $23.04, denoting a -0.3% change from the preceding trading day.

SentinelOne's Singularity Platform is a solid alternative to CrowdStrike's Falcon Platform. The company could benefit from the recent CrowdStrike outage.

SentinelOne (S) reachead $23.11 at the closing of the latest trading day, reflecting a -1.28% change compared to its last close.

The global cybersecurity Total Addressable Market is expected to reach $1.5 trillion to $2.0 trillion, about ten times its current size. SentinelOne's autonomous turnkey solution with affordable pricing positions it to meet the growing demand for cybersecurity. Despite negative net income, SentinelOne competes through innovation, marketing, and acquisitions to capture and retain market share.

I anticipate more businesses will switch to SentinelOne, Inc. from CrowdStrike as contracts and sales cycles mature. I believe SentinelOne's recent 31% CAGR guidance is now a conservative and attainable benchmark. I see SentinelOne's strong balance sheet and potential for improved free cash flow as key reasons for a likely re-rating to 12x sales.

Market speculators should consider cybersecurity specialist SentinelOne (NYSE: S ) in large part because rival CrowdStrike (NASDAQ: CRWD ) messed up badly. It may be a while before CRWD's stain is removed.

SentinelOne is a fast-growing cybersecurity company with a strong product portfolio and continued market share gains. The company has made significant progress in improving its business model, achieving profitability, and generating free cash flow. Despite risks such as sales execution challenges and market shifts, S stock's advanced offerings, like Purple AI, make it a compelling investment opportunity.

CrowdStrike caused an IT outage last week, which is motivating investors to consider one of its top competitors in SentinelOne. SentinelOne has often failed to live up to the expectations of Wall Street but the company likely does have a heightened opportunity in the near term.

SentinelOne (S) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.