Sentinel One S$ is overvalued

Their earnings are this wdnesday.
looking at their balance sheet of 2b in assets and liabilities I do not believe their valuation of 7.51B makes sense

I understand that many tickers in cybersecurity are overvalued but this company is bleeding money (270M)/y
With ~200M in revenu.

There is no reason for this stock not to take a massive dump on earnings I’d easily see this at a 3-4B valuation