SentinelOne Valuation Overview:The cybersecurity firm SentinelOne debuted on June 30th with the stock trading at $46, higher than the IPO price of $35. SentinelOne grew its revenue year-over-year by 100% for the fiscal year ending January 31st, 2021 to $93.1 million. Endpoint security refers to protecting the endpoints or entry points of the end-user devices such as desktop PCs, laptops, mobile devices, and servers from being exploited. It derived 91% of the first quarter ended April 30, 2021, revenue from channel partners. Conclusion:If we look at the Gartner Magic Quadrant 2021 for endpoint protection CrowdStrike is in a better position than SentinelOne.
Source: Forbes July 16, 2021 04:07 UTC