Q4 was SentinelOne’s “strongest ever quarter for cloud security,” representing 15 percent of its quarterly annual contract value, Weingarten said. SentinelOne’s stock price rose 6.4 percent in after-hours trading Tuesday, to $15.39 a share.
31, which surpassed Wall Street analyst estimates. Weingarten made the comments as SentinelOne reported results for the fourth quarter of its fiscal 2023, ended Jan. “The cloud security market has the potential to become even larger than the endpoint market over time,” he said. The Mountain View, Calif.-based cybersecurity vendor, which has made its name with its AI-powered endpoint security offering, sees a “potentially unbounded” market opportunity for cloud workload protection, Weingarten said during the company’s quarterly call with analysts.
SentinelOne has been gaining major customer traction in cloud security and believes the opportunity in the space could end up being even larger than in endpoint security down the road, co-founder and CEO Tomer Weingarten said Tuesday.
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