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This Generative Artificial Intelligence (AI) Growth Stock Has Jumped 86% in a Year. Here's Why It Can Skyrocket Another 73%.
The Motley Fool· 2024-02-18 14:15
Cybersecurity specialist SentinelOne (S -1.60%) has delivered remarkable gains of 86% in the past year, which means that investors who bought this stock a year ago have seen their investments increase substantially in a short period.But what if you're one of those who missed buying this high-flying growth stock before its tremendous rally began? SentinelOne currently trades at 15 times sales following its red-hot rally. That makes the stock richly valued, considering that the S&P 500 index sports an average ...
SentinelOne Stock Rises After Bank of America Upgrade, New Price Target
Investopedia· 2024-02-14 21:25
Key TakeawaysSentinelOne Inc. shares advanced Wednesday after Bank of America Securities upgraded the stock and raised its price target in an overall positive report about the cybersecurity sector.The analysts said they were bullish on cybersecurity after a customer survey suggested fourth-quarter deal activity was strong and future sales cycles would improve.Shares of SentinelOne Inc. (S) jumped after Bank of America Securities upgraded the stock and lifted its price target amid overall optimism about the ...
SentinelOne Announces Date of Fiscal Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call
Businesswire· 2024-02-13 21:10
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SentinelOne, Inc. (NYSE: S) today announced that it will release financial results and a letter to shareholders for its fourth quarter and fiscal year ended January 31, 2024, after market close on Wednesday, March 13, 2024. SentinelOne will host a conference call to discuss the results at 2:00 p.m. PT (5:00 p.m. ET) on the same day. The live webcast can be accessed on SentinelOne’s Investor Relations website at investors.sentinelone.com, along with the related earnin ...
Nicholas Warner Joins Halcyon Board of Directors
Businesswire· 2024-02-13 14:00
AUSTIN, Texas--(BUSINESS WIRE)--Halcyon, the leading platform designed from day one to defeat ransomware, today announced the appointment of former SentinelOne executive Nicholas Warner to the company’s board of directors. Warner’s industry leadership and decades of cybersecurity experience will be valuable resources to Halcyon as the company enters its next stage of hypergrowth. “Nick is a security industry luminary and his ability to scale globally is unrivaled. At SentinelOne and Cylance, Nick was ins ...
SentinelOne (S) Flat As Market Sinks: What You Should Know
Zacks Investment Research· 2024-02-13 00:01
In the latest trading session, SentinelOne (S) closed at $29.70, marking no change from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.1% for the day. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.3%.The cybersecurity provider's shares have seen an increase of 17.25% over the last month, surpassing the Computer and Technology sector's gain of 11.35% and the S&P 500's gain of 5.78%.Market participants will be closely fo ...
SentinelOne's (S) Solid Portfolio, PingSafe Buyout Aids Prospect
Zacks Investment Research· 2024-02-06 15:50
SentinelOne (S) has made significant strides in bolstering its portfolio and expanding its clientele through recent strategic moves, including the completion of the acquisition of PingSafe. This acquisition marks a pivotal moment for SentinelOne as it sets the stage for redefining cloud security with its unified platform.By integrating PingSafe's cloud-native application protection platform into SentinelOne's Singularity Platform, the company aims to offer a comprehensive solution that safeguards enterprise ...
SentinelOne (S) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-02-06 00:01
The most recent trading session ended with SentinelOne (S) standing at $27.56, reflecting a +0.04% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.32%. At the same time, the Dow lost 0.71%, and the tech-heavy Nasdaq lost 0.2%.Shares of the cybersecurity provider witnessed a gain of 16.39% over the previous month, beating the performance of the Computer and Technology sector with its gain of 9.33% and the S&P 500's gain of 4.59%.The investmen ...
SentinelOne® Completes Acquisition of PingSafe
Businesswire· 2024-02-05 14:00
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--SentinelOne (NYSE: S), a global leader in AI-powered security, today announced that it has completed its acquisition of cloud-native application protection platform (CNAPP) PingSafe, ushering in a new era of cloud security which it is in pole position to lead. “Most of today’s cyber attacks start with endpoints and identities, and security teams can’t stop them without comprehensive visibility across all vectors. CNAPP alone can’t provide this,” said Ric Smith, Chi ...
Why SentinelOne (S) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-01-31 00:01
The most recent trading session ended with SentinelOne (S) standing at $27.62, reflecting a -1.99% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.06%. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.76%.The cybersecurity provider's shares have seen an increase of 2.7% over the last month, not keeping up with the Computer and Technology sector's gain of 6.36% and the S&P 500's gain of 3.36%.Market participants will be closely following ...
SentinelOne® Launches Threat Hunting for WatchTower™ and WatchTower Pro™
Businesswire· 2024-01-30 14:00
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Organizations today face a relentless pace of sophisticated cyber attacks that they must be able to swiftly detect and neutralize to keep their assets and infrastructure safe. But many lack the time and resources to pull this off. To help them, SentinelOne (NYSE: S), a global leader in AI-powered security, today announced the general availability of new threat hunting capabilities in its WatchTower and WatchTower Pro managed threat hunting services specifically design ...