Where Will SentinelOne Stock Be in 1 Year?
SentinelOne (NYSE: S), a provider of AI-powered cybersecurity services, attracted a lot of attention when it went public at $35 per share on June 30, 2021. Its stock opened at $46 and eventually closed at an all-time high of $76.30 on Nov. 12, 2021.
At the time, investors were impressed by its rapid growth and ambitious plans to replace human analysts with AI algorithms. But at its peak, SentinelOne's market cap swelled to $13.5 billion -- or 66 times the revenue it would generate in fiscal 2022 (ended in January 2022).
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Source Fool.com
