SentinelOne, Inc. (S) stock is on the rise following the company’s strong second-quarter earnings report. The cybersecurity company beat revenue expectations and saw a significant increase in annualized recurring revenue (ARR). Analyst reactions to the report have been positive, with several raising their price targets.
SentinelOne, a cybersecurity company, reported strong second-quarter financial results, exceeding revenue expectations and achieving profitability for the first time. The company attributed its success to the growing demand for its AI-powered Singularity Platform, which provides comprehensive cyber defense solutions.
