SentinelOne (NYSE: S) developed a cybersecurity platform called Singularity, which protects enterprise cloud networks, endpoints (computers and devices), and everything in between.
It’s powered by artificial intelligence (AI), enabling automation across key threat detection and incident response processes
While SentinelOne stock is trading in the green this year, it’s still down 78% from its record high set during the tech market frenzy in 2021. Its valuation was simply unsustainable back then, but it’s now cheaper than each of its rivals in the AI-powered cybersecurity space, which could be an opportunity for investors. In fact, the majority of the analysts tracked by The Wall Street Journal have rated SentinelOne a buy, and their average price target points to more upside ahead.
Read on. Cybersecurity for the AI era AI can be a dangerous technology in the wrong hands, with bad actors using it to stage sophisticated cyber-attacks at machine speed. As a result, holistic wall-to-wall cybersecurity platforms have never been more important.