Better Cybersecurity Stock: SentinelOne vs. CrowdStrike
Modern businesses are now so digital that hackers and other malicious actors are potentially the greatest threats these companies face. According to IBM, a breach can cause $4.45 million in damages, 15% more than just three years ago.
Today's cybersecurity market is valued at roughly $222 billion and could grow by 12% annually through 2030. It's a highly competitive field, but companies like (NASDAQ: CRWD) and SentinelOne (NYSE: S) are emerging as rising stars with cutting-edge products.
Their rapid revenue gains in the quickly expanding broader security field make both stocks great long-term ideas for growth-oriented investors. But is one better than the other?
Source Fool.com
CrowdStrike Holdings Inc Stock
€228.80
-4.290%
The stock is one of the favorites of our community with 139 Buy predictions and 2 Sell predictions.
As a result the target price of 334 € shows a positive potential of 45.98% compared to the current price of 228.8 € for CrowdStrike Holdings Inc.
