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PALO ALTO, Calif. - Obsidian Security, a company specializing in SaaS security, has announced its integration with SentinelOne (NYSE: S), a leader in AI-powered security with impressive revenue growth of 34% year-over-year. This collaboration introduces Obsidian’s SaaS security solution on the SentinelOne Singularity Marketplace, aiming to enhance enterprise security by offering seamless cross-detection and response across various platforms. According to InvestingPro data, SentinelOne maintains a strong financial position with more cash than debt on its balance sheet, positioning it well for strategic partnerships.
The partnership addresses the evolving enterprise security landscape, where business operations and sensitive data increasingly flow through SaaS applications, elevating the risk of interconnected threats. Obsidian’s data indicates a 300% surge in SaaS-based breaches over the past year, emphasizing the need for integrated security measures that span endpoints to SaaS applications. Despite recent market volatility that has seen SentinelOne’s stock decline by nearly 10% in the past week, the company maintains a robust gross profit margin of 74% and analysts expect profitability this year, as revealed by InvestingPro analysis.
The integration combines SentinelOne’s endpoint protection, cloud security, and AI SIEM capabilities with Obsidian’s SaaS security expertise. Obsidian boasts the largest repository of SaaS breach data, which informs its machine learning models to recognize real-world attack patterns. This threat intelligence is bolstered by Obsidian’s experience in over 200 incident responses with firms such as Aon (NYSE:AON), Kroll, and Guidepoint Security, offering unparalleled insights into SaaS attack trends.
Together, SentinelOne and Obsidian provide a unified security solution that includes cross-environment visibility and control, unified identity threat detection, integrated risk management, and coordinated response capabilities. This comprehensive approach is designed to improve threat detection, triage, and hunting across an organization’s digital estate.
Matt Hillary, Chief Information Security Officer at Drata, highlighted the importance of this integration, stating that combining SentinelOne’s XDR telemetry with Obsidian’s SaaS security intelligence significantly aids security teams in correlating threats across endpoint and identity layers in real-time.
The integrated solution is now available to joint customers on the SentinelOne Singularity Marketplace. This partnership represents a strategic move for both companies, as they seek to provide modern enterprises with the tools needed to navigate a complex and evolving threat landscape confidently.
Information for this article is based on a press release statement. Investors interested in SentinelOne’s upcoming earnings report on March 12, 2025, can access comprehensive analysis and additional ProTips through InvestingPro, which offers detailed insights into the company’s financial health and growth prospects through its exclusive Pro Research Report, available for over 1,400 US stocks.
In other recent news, SentinelOne Inc (NYSE:S) has been the focus of multiple analyst evaluations and reports. TD Cowen analysts reaffirmed their Buy rating with a $35 price target, expressing confidence in SentinelOne’s growth prospects, particularly with anticipated revenue guidance that may exceed market expectations. Oppenheimer initiated coverage with an Outperform rating and a $32 price target, citing improved leadership and operational strategies as key factors for potential market share gains. Meanwhile, UBS downgraded SentinelOne from Buy to Neutral, reducing the price target to $25, due to waning optimism about growth catalysts in 2025 and competitive pressures in the endpoint security sector.
Cantor Fitzgerald has rated SentinelOne as Overweight, setting a $30 price target, emphasizing the company’s expanding market share and strong demand for its security products. Despite mixed fiscal third-quarter results, Bernstein maintained an Outperform rating, albeit with a reduced price target of $30, highlighting the company’s stable net retention rate and increased revenue forecast. These developments reflect varying perspectives on SentinelOne’s market position and future growth potential among analysts.
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