Oppenheimer Sees Bright Future for CrowdStrike and SentinelOne Cybersecurity Stocks

Channel checks indicate strong momentum heading into earnings for these two leading security providers.

Published on Feb. 22, 2026

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Analysts at Oppenheimer conducted channel checks on cybersecurity companies and found positive signs for CrowdStrike and SentinelOne. CrowdStrike continues to gain market share and benefit from its Falcon Flex licensing model, while SentinelOne is seeing improved performance from its value-added reseller (VAR) partners and strong demand for its Purple AI security platform.

Why it matters

The cybersecurity industry is highly competitive, so positive channel checks from a respected firm like Oppenheimer suggest these two companies are well-positioned to maintain their growth trajectories. Strong earnings results could drive further stock price appreciation, especially for the undervalued SentinelOne.

The details

Oppenheimer's channel checks found that CrowdStrike's VAR partners are revising their expectations upwards, indicating the company is continuing to displace legacy security vendors and cross-sell effectively. For SentinelOne, the checks showed marked improvements in VAR performance versus earlier in the year, with partners reporting high-20% growth and slightly raising their 2026 outlooks. Partners also highlighted SentinelOne's Purple AI as the best autonomous security operations center solution, even better than CrowdStrike's Charlotte AI.

  • Oppenheimer conducted the channel checks in January and February 2026.

The players

CrowdStrike

An American cybersecurity technology company that provides cloud-delivered protection of endpoints, cloud workloads, identity and data.

SentinelOne

A cybersecurity company that provides autonomous endpoint protection, detection, and response solutions.

Oppenheimer

A global investment bank and financial services firm that provides research, advisory, and investment banking services.

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The takeaway

The positive channel checks from Oppenheimer suggest CrowdStrike and SentinelOne are well-positioned to continue their growth trajectories in the competitive cybersecurity market. Investors will be closely watching the companies' upcoming earnings reports to see if the channel check findings translate into strong financial results.