In 2024, it seems to be a year of the haves and the have-nots in the cybersecurity industry. Bigger firms have tended to get bigger, while smaller ones have tended to lose value. Among eight large-cap cybersecurity stocks, including Palo Alto Networks (NASDAQ: PANW), the average 2024 return is 27% as of the Dec. 10 close. Meanwhile, within a group of four small and mid-cap stocks that includes SentinelOne (NYSE: S), shares are down an average of 17%.
So, can the smaller SentinelOne turn things around in 2025 after falling 13% in 2024? I’ll break down where exactly SentinelOne fits within the cybersecurity industry. I’ll give an overview of the company’s financial trends and its battle with a key competitor, as well as provide my overall view of SentinelOne.
