SentinelOne Q4 FY1/24 Earnings Review
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Snakes And Ladders
By Alex King
SentinelOne ($S) is a cybersecurity business, endpoint focused, competes head on with CrowdStrike ($CRWD) albeit at a lower price point and typically with slightly less sophisticated target customers. The company is doing fine - growth is good, cashflow margins still weak but getting steadily less bad, balance sheet has multiple years’ worth of cash on hand even at the current burn rate, all fine.
Here’s the headline numbers.
The stock is trending upwards too, not that you would know it from the post-earnings dump today. In truth though, the name is just in the throes of an a-b-c correction after a big 5-wave move up from the 2023 lows. You can open a full page version of this chart, here.
Read on for our fundamental, technical and valuation analysis, latest stock charts and rating.