SentinelOne's Revenue Soars After the CrowdStrike Outage. Is Now a Golden Opportunity to Buy the Stock?
SentinelOne (NYSE: S) looks like one of the best-positioned companies to take advantage of the recent global IT outage caused by rival cybersecurity provider CrowdStrike (NASDAQ: CRWD).
On Aug. 27, SentinelOne reported its fiscal 2025 second quarter results, showing a surge in revenue and a transition to profitability on an adjusted earnings basis. With the opportunities in front of the company, investors should be taking a serious look at its stock.
In the fiscal quarter, which ended July 31, SentinelOne's revenue grew 33% to $198.9 million, beating its forecast of $197 million. The company made strong progress in international markets, where revenue grew by 36%.
Source Fool.com
CrowdStrike Holdings Inc Stock
€236.45
-2.090%
The stock is one of the favorites of our community with 158 Buy predictions and 1 Sell predictions.
As a result the target price of 321 € shows a positive potential of 35.76% compared to the current price of 236.45 € for CrowdStrike Holdings Inc.
