Why SentinelOne Stock Was Soaring Today
A well-received quarterly earnings report was the news propelling SentinelOne's (NYSE: S) shares higher on Friday. In late-session trading the cybersecurity stock was up nearly 7% in value, a rate that looked particularly good given the S&P 500 index's 0.7% dip.
SentinelOne's second quarter of fiscal 2026 saw the company book just over $242 million in revenue for a rather impressive 22% improvement year over year. Zooming out some, annualized recurring revenue (ARR) rose by 24% to $1 billion, the first time it has reached the 10-figure level.
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Source Fool.com
