Reported about 1 month ago
Following a strong earnings report and comments from CEO Tomer Weingarten, analysts have adjusted their price targets for SentinelOne stock. The company reported its first quarter of positive net income, with revenues rising 33% year-over-year. Weingarten's remarks during the earnings call highlighted risks in the cybersecurity industry, particularly in relation to a significant IT outage caused by competitor CrowdStrike. As a result, analysts believe that the outage may positively impact SentinelOne's business as more customers consider its services.
Source: YAHOO