There seems to be a lot of expectation that SentinelOne will benefit from customers who switch away from CrowdStrike. However, buying habits may be changing with the "platformization" of cybersecurity services. Also, a lot will depend on management updates concerning ARR during the second quarter of 2025 (FQ2) earnings call.
SentinelOne, Inc. to announce Q2 earnings before CrowdStrike Holdings next week, crucial to show resulting customer gains post the CrowdStrike outage. Growth in the Singularity platform is key for long-term growth, ARR growing at 35% y/y. Valuation shows SentinelOne trades at a discount compared to peers, potential 25-30% upside from current levels.
SentinelOne's (S) fiscal Q2 2025 performance benefits from its robust growth in the Singularity platform despite a challenging macroeconomic environment.
SentinelOne (NASDAQ: S) stock price has underperformed its peers in the cybersecurity industry as concerns about its growth continued. It has dropped by 12.5% in 2024, while Palo Alto Networks, Fortinet, and Check Point Software have soared by over 20%.
SentinelOne (S) closed at $24 in the latest trading session, marking a +1.05% move from the prior day.
SentinelOne's (S) strong prospects, driven by an expanding AI-powered portfolio, as well as a solid partner base, make it a long-term pick.
In the most recent trading session, SentinelOne (S) closed at $22.79, indicating a +1.97% shift from the previous trading day.
SentinelOne (S) concluded the recent trading session at $20.71, signifying a +1.37% move from its prior day's close.
Interest rate hikes in 2022 tanked speculative growth stocks. Upstart's business could bounce back in a lower-rate environment.
SentinelOne is enjoying excellent revenue growth -- sales soared 40% year over year in Q1. The company's platform was built from the ground up with AI at its core.
CrowdStrike experienced a major IT outage, leading to potential customer migration to competitor SentinelOne. SentinelOne is growing faster than CrowdStrike, with higher profit growth, lower valuation, and potential to benefit from CrowdStrike's brand damage. SentinelOne could capture new customers from large accounts and benefit from CrowdStrike's problems, making it a favorable investment option.
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.