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SentinelOne, Inc. - S STOCK NEWS

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SentinelOne, Inc. (NYSE: S) is a pioneering cybersecurity company that revolutionizes the economics of cyber attacks with its cutting-edge, platform-based approach. Founded in 2013 and headquartered in California, SentinelOne became a publicly traded entity in 2021. The company's flagship offering is the Singularity platform, a comprehensive solution that integrates next-generation endpoint protection with advanced endpoint detection and response features. This platform ensures that sophisticated and targeted cyber attacks are not only detected but also thwarted effectively.

At the core of SentinelOne's technology is a lightweight module that continuously scrutinizes suspicious patterns across various environments, including desktops, servers, critical infrastructure, and embedded systems. Upon identifying any malicious activity, the module triggers automated responses to neutralize threats swiftly, immunizes other endpoints, and restores systems to their pre-attack conditions.

SentinelOne has achieved a significant milestone as the first and only next-generation endpoint protection solution to receive certification from AV-TEST, an independent IT-security institute. This certification underscores the reliability and effectiveness of its security solutions. The company's innovative efforts extend to partnerships and investments, as demonstrated by its venture arm, S Ventures. Recently, S Ventures invested in Auguria, a cybersecurity AI company, highlighting SentinelOne's commitment to advancing AI-driven security operations.

With a mission to defeat every attack, every second, of every day, SentinelOne continues to lead the charge in transforming traditional cybersecurity paradigms, ensuring robust protection for organizations worldwide.

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Bell Canada and SentinelOne announce a partnership to provide extensive data protection services for Bell’s enterprise customers, marking SentinelOne’s first partnership with a major telecommunications company in Canada. The combined capabilities of Bell and SentinelOne aim to provide true end-to-end protection for modern enterprises against escalating threat actor operations. Bell will leverage SentinelOne’s Singularity™ Platform to amplify its advanced enterprise Security Operations Centre (SOC) services, offering industry-leading threat detection and managed threat detection and response services.
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SentinelOne (S) announces the general availability of new threat hunting capabilities in its managed threat hunting services to empower security teams in defending against sophisticated cyber attacks. The expanded capabilities provide 24/7 real-time threat hunting, anomalous behavior detection, expanded coverage against known and emergent threats, and access to a threat intelligence library.
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SentinelOne (S) recognized as a Leader in the Gartner Magic Quadrant for Endpoint Protection Platforms for its Singularity™ Platform offering. The company has been positioned as a Leader for the third consecutive year, delivering innovative, AI-powered security solutions to protect the entire enterprise at machine speed. The Singularity platform spans endpoints, cloud, data, and identity, enriched with threat intelligence and generative AI, and is complemented by industry-leading managed services. SentinelOne is among the highest-rated vendors in 2023 Gartner® Peer Insights™ Voice of the Customer Endpoint Protection Platforms and is recognized as a Customers’ Choice.
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SentinelOne (NYSE: S) to Acquire PingSafe to Create Comprehensive Cloud Security Platform
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Stellar Cyber (NYSE: S) integrates with SentinelOne to provide a unified turnkey security solution, automating threat identification and response actions. The partnership aims to enhance visibility, enable intelligent automation, and simplify management and deployment for customers.
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Secureworks (SCWX) and SentinelOne (S) joint go-to-market program aims to enhance cyber resilience by simplifying risk management and reducing time to value through their fully integrated cybersecurity solutions.
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SentinelOne, Inc. (NYSE: S) reported a 42% year-over-year increase in revenue and a 43% year-over-year increase in ARR for the third quarter of fiscal year 2024. The company's total revenue reached $164.2 million, with an annualized recurring revenue of $663.9 million as of October 31, 2023. The customer base grew to over 11,500, and the dollar-based net revenue retention rate exceeded 115%. The GAAP gross margin was 73%, and non-GAAP gross margin was 79%. Operating cash flow margin improved to (14)% from (52%), with cash, cash equivalents, and investments totaling $1.1 billion as of October 31, 2023. The company provided a financial outlook for the fourth quarter and full fiscal year 2024, expecting revenue of $169 million for Q4FY24 and $616 million for the full fiscal year, with non-GAAP gross margin at 77.5% and non-GAAP operating margin at (14)% for Q4FY24.
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SentinelOne (S) wins 2023 CRN Products of the Year Awards for Singularity Cloud Workload Security and Singularity Data Lake in Cloud Security and Endpoint Protection categories. The company was also the winner in four subcategories, demonstrating a strong focus on the channel and a commitment to product excellence.
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SentinelOne (S) and Pax8 to expand their partnership to provide more AI security solutions to SMBs. The strategic expansion aims to deliver best-in-class endpoint, identity, and cloud security offerings more quickly to a rapidly growing market. Under the multi-year agreement, Pax8 will accelerate the adoption of SentinelOne solutions and expand its service offerings beyond traditional endpoint security products.
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SentinelOne (NYSE: S) Recognized for Strong Growth and Technological Leadership
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FAQ

What is the current stock price of SentinelOne (S)?

The current stock price of SentinelOne (S) is $28.54 as of November 22, 2024.

What is the market cap of SentinelOne (S)?

The market cap of SentinelOne (S) is approximately 9.0B.

What does SentinelOne, Inc. specialize in?

SentinelOne specializes in cutting-edge cybersecurity, combining next-generation endpoint protection with advanced endpoint detection and response features.

What is the SentinelOne Singularity platform?

The Singularity platform is SentinelOne's flagship offering that provides comprehensive protection by detecting and responding to security threats across various IT environments.

When was SentinelOne founded?

SentinelOne was founded in 2013 and is headquartered in California.

Has SentinelOne received any notable certifications?

Yes, SentinelOne is the first next-generation endpoint protection solution to be certified by AV-TEST, an independent IT-security institute.

What recent partnerships has SentinelOne engaged in?

SentinelOne's venture arm, S Ventures, recently invested in Auguria, a cybersecurity AI company, to drive advancements in AI-driven security operations.

When did SentinelOne go public?

SentinelOne went public in 2021.

How does SentinelOne handle detected cyber threats?

Upon detecting malicious patterns, SentinelOne's platform initiates automated responses to mitigate threats, immunize other endpoints, and restore systems to their pre-attack state.

What environments can SentinelOne's module protect?

SentinelOne's lightweight module can protect desktops, servers, critical infrastructure, and embedded systems.

What is the mission of SentinelOne?

SentinelOne's mission is to defeat every attack, every second, of every day.

What is the role of SentinelOne's venture arm, S Ventures?

S Ventures is SentinelOne's venture capital arm focused on investing in disruptive and innovative security companies to advance cybersecurity technologies.

SentinelOne, Inc.

NYSE:S

S Rankings

S Stock Data

9.02B
288.82M
0.54%
90.54%
3.81%
Software - Infrastructure
Services-prepackaged Software
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United States of America
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