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SentinelOne ›Cybersecurity company SentinelOne (NYSE: S) may not receive as much attention as its peers. Despite building a cybersecurity platform around artificial intelligence (AI), its stock is down approximately 75% from its peak in late 2021, soon after the company's initial public offering (IPO).That performance places SentinelOne's stock in an interesting position. Cybersecurity is a critical, rapidly growing industry, factors that may make its stock attractive in a bull market. Conversely, unlike peers such as CrowdStrike and Palo Alto Networks, it has never recovered from the 2022 bear market, raising questions about whether SentinelOne will ever bounce back.Amid these contradictions, investors need to take a closer look at the stock to determine whether they can profit by buying on the dip.Image source: Getty Images.As mentioned, SentinelOne stood out by building a cybersecurity platform from the ground up. This platform, called Singularity XDR, protects cloud workloads, endpoints, containers, and Internet-of-Things (IoT) devices. It detects, prevents, responds, and searches for threats through an AI-powered platform.This mirrors its peer CrowdStrike as both companies have focused on endpoint protection. However, with companies often seeking to consolidate their cybersecurity needs, other companies compete in endpoint protection and other areas.This, combined with the large number of cybersecurity companies, has made it a highly competitive industry, raising questions about whether SentinelOne can establish a meaningful competitive moat.Amid the growing importance of the cloud and AI, demand for cybersecurity products that can protect these ecosystems has skyrocketed. Grand View Research forecasts a 13% compound annual growth rate (CAGR) for the cybersecurity industry through 2030. It estimates the industry's current size at $245 billion and forecasts that it will exceed $500 billion by 2030.For now, SentinelOne only claims a small fraction of that business, though that factor has not hampered its growth. In the first quarter of its fiscal 2026 (ended April 30), revenue grew 23% to $229 million compared to year-ago levels.Unfortunately, costs and expenses have grown nearly as rapidly as revenue, meaning its operating losses have widened. Additionally, the provision for income taxes in fiscal Q1 increased to $133 million, up from $1.5 million 12 months ago.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,449.75 +53.50 (+0.84%)Dow Futures44,726.00 +93.00 (+0.21%)Nasdaq Futures23,763.50 +283.00 (+1.21%)Russell 2000 Futures2,231.50 -10.00 (-0.45%)VIX15.48 -0.50 (-3.13%)Gold3,339.00 -13.80 (-0.41%)PortfolioSign in to access your portfolioSign inTop gainersWING Wingstop Inc. 368.26 +77.96 (+26.86%)FTAI FTAI Aviation Ltd. 144.46 +30.32 (+26.56%)PIII P3 Health Partners Inc. 7.30 +1.50 (+25.86%)GNRC Generac Holdings Inc. 181.00 +29.68 (+19.61%)TER Teradyne, Inc. 107.65 +17.10 (+18.88%)Top losersNEGG Newegg Commerce, Inc. 44.97 -11.22 (-19.97%)CAR Avis Budget Group, Inc. 172.46 -31.42 (-15.41%)SLGN Silgan Holdings Inc. 47.30 -8.50 (-15.23%)CHKP Check Point Software Technologies Ltd. 186.67 -31.66 (-14.50%)ENTG Entegris, Inc. 79.34 -13.41 (-14.46%)Most activeSOFI SoFi Technologies, Inc. 21.87 -0.53 (-2.37%)NVDA NVIDIA Corporation 179.27 +3.76 (+2.14%)LCID Lucid Group, Inc. 2.5000 -0.0600 (-2.34%)TSLA Tesla, Inc. 319.04 -2.16 (-0.67%)F Ford Motor Company 10.87 -0.21 (-1.90%)Earnings eventsTrending tickersMSFT Microsoft Corporation 513.24 +0.67 (+0.13%)META Meta Platforms, Inc. 695.21 -4.79 (-0.68%)NVDA NVIDIA Corporation 179.27 +3.76 (+2.14%)AMZN Amazon.com, Inc. 230.19 -0.82 (-0.35%)HOOD Robinhood Markets, Inc. 106.10 +2.78 (+2.69%)Top economic events