Oppenheimer Channel Checks Bode Well for These 2 Cybersecurity Stocks
Oppenheimer Channel Checks Bode Well for These 2 Cybersecurity Stocks
https://www.fool.com/investing/2026/02/22/oppenheimer-channel-checks-cybersecurity-stock/
Publish Date: 2026-02-22 08:05:00
Source Domain: www.fool.com
CrowdStrike and SentinelOne both look well-positioned heading into earnings.
Analysts at Oppenheimer recently came out with some positive channel checks for companies in the cybersecurity space. Channel checks involve independent research that measures a company’s performance by surveying the businesses it works with, as well as its customers, to try to validate management’s forecasts and claims.
Two cybersecurity companies that stood out after these checks from Oppenheimer analysts were CrowdStrike (CRWD 8.04%) and SentinelOne (S 4.54%). Let’s see what they had to say.
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CrowdStrike
CrowdStrike has long been the leader in next-generation endpoint security, and that momentum does not appear to have slowed down. The company is now well past the highly publicized IT outage incident that impacted it in summer 2024, and its revenue growth has gradually begun to accelerate throughout its fiscal 2026.
Oppenheimer, meanwhile, said that CrowdStrike had the best sentiment with its January and February channel checks, with the company’s VAR (value-added reseller) partners providing positive revisions to their expectations. It noted that CrowdStrike continues to do a great job of replacing legacy cybersecurity vendors, as well as with cross-selling.
Today’s Change
(-8.04%) $-33.94
Current Price
$388.20
Key Data Points
Market Cap
$98B
Day’s Range
$387.14 – $431.83
52wk Range
$298.00 – $566.90
Volume
411K
Avg Vol
2.8M
Gross Margin
74.10%
One of the big drivers of CrowdStrike’s success coming out of its IT outage was the introduction of its Falcon Flex licensing model. With Falcon Flex, customers were given access to its complete cybersecurity product portfolio, but they could choose to deploy and pay for modules only when they were needed. It also gave away credits to customers impacted by its outage, which essentially served as a great way to introduce its newest next-gen artificial intelligence (AI) solutions to customers.
The one knock on the stock is…
