2 Top Cybersecurity Stocks to Buy in June

Industry Overview - Cybersecurity is a critical industry that remains resilient during economic downturns, as companies prioritize cybersecurity budgets over other expenses [1] - The industry is large and multifaceted, leading many companies to engage multiple vendors for comprehensive cybersecurity solutions [2] Company Analysis: SentinelOne - SentinelOne provides AI-driven endpoint protection software, safeguarding devices that access company networks [4] - The company is competitively priced with a price-to-sales (P/S) ratio of 6.7, which is considered low for software stocks [8] - In fiscal Q1 2026, SentinelOne's revenue increased by 23% year over year to $229 million, with annual recurring revenue (ARR) rising by 24% to $948 million [9] - Despite being less profitable than its larger competitor CrowdStrike, SentinelOne is focused on revenue growth, which could lead to improved profitability in the future [12] Company Analysis: Okta - Okta specializes in identity and access management, ensuring legitimate user access to systems and monitoring for unusual activity [13][14] - The company has a P/S ratio of 6.7 and reported a 12% year-over-year revenue growth in Q1, with a 21% increase in remaining performance obligations [15] - Okta has transitioned from unprofitability to generating positive net income over the past three years, indicating strong potential for future profitability [15] - The company has the potential to achieve profit margins of 20% to 30%, which could significantly enhance its stock value given its current low valuation [17]