Latest news with #SailPoint
Business Wire
5 days ago
- Business
- Business Wire
New SailPoint and Deloitte Collaboration Helps Secure the Future of Identity Security with AI Agent Management
AUSTIN, Texas & NEW YORK--(BUSINESS WIRE)--SailPoint, Inc. (Nasdaq: SAIL) and Deloitte today announced an expansion of their alliance to help advance enterprise identity security in the age of agentic AI. The collaboration is designed to help customers address two emerging areas: first, the critical need to secure and govern AI agents; and second, the need for insights and contextual support to help identity teams to achieve precise decision-making, information discovery, and task completion. Securing the agentic workforce As enterprises prepare for the Generative AI-enabled enterprise where AI agents will become central to how day-to-day tasks are completed, organizations need to defend against emerging threats as attack surfaces widen. To enhance the security and governance of the increasing use of AI agents within enterprises, SailPoint and Deloitte have collaborated to integrate SailPoint's AI-powered identity security platform and upcoming Agent Identity Security solution with Deloitte's Cybersecurity for AI and GenAI governance framework. This collaboration aims to create a broad toolset and methodology designed to help organizations secure AI agents. "As AI agents become increasingly autonomous and integral to business operations, organizations face unprecedented security challenges," said Matt Mills, President of SailPoint. "Our alliance with Deloitte combines our industry-leading identity security platform with their renowned implementation excellence, enabling customers to accelerate time-to-value while advancing comprehensive protection against evolving threats. We believe this collaboration marks a major step forward in redefining identity security for the AI era.' Driving speed and efficiency with Harbor Pilot Also important, as the digital landscape evolves at an exponential rate, is the ability to provide identity teams with their own digital agents as their force multiplier – acting as identity security 'digital assistants.' SailPoint's agentic AI innovation, Harbor Pilot, marks an advancement in the realm of digital agents. With Harbor Pilot, identity teams can simplify and streamline their work and help enhance outcomes. Deloitte and SailPoint are working together to create a framework to accelerate the adoption of these capabilities across both business and technology teams. With these combined capabilities from SailPoint and Deloitte, enterprises will be able to quickly and efficiently deploy agentic AI for identity security to help expedite the use of GenAI tools while reducing total cost of ownership through optimized deployment strategies. The collaboration also helps organizations speed and evolve security maturity and develop a future-ready identity security posture that is adaptable to evolving threats. 'Through our work with SailPoint, Deloitte is helping organizations adopt a proactive, intelligent approach to identity security that turns the rapid adoption of agentic AI into an opportunity for enterprises,' said Adnan Amjad, US Cyber Leader and Partner, Deloitte. 'By establishing the implementation framework and leading practices for this integration, we're enabling organizations to confidently embrace new technologies while helping them implement strong, adaptive and scalable security controls across their digital environments. Together, we aim to help clients transform their identity security while also addressing the growing gap between evolving cyber risks and response capabilities – ultimately enabling resilient, future-ready enterprises.' Since 2008, Deloitte and SailPoint have collaborated to deliver unified, high-quality identity security solutions. With the combination of Deloitte's deep experience with SailPoint's technology, our alliance helps organizations achieve enhanced visibility, management, and security across their identity landscape. Deloitte's recognition – including the SailPoint Admiral Delivery Award and Global Partner of the Year – underscores our shared commitment to help achieve client success and innovation in identity security. About SailPoint At SailPoint, we believe enterprise security must start with identity at the foundation. Today's enterprise runs on a diverse workforce of not just human but also digital identities – and securing them all is critical. Through the lens of identity, SailPoint empowers organizations to seamlessly manage and secure access to applications and data at speed and scale. Our unified, intelligent, and extensible platform delivers identity-first security, helping enterprises defend against dynamic threats while driving productivity and transformation. Trusted by many of the world's most complex organizations, SailPoint secures the modern enterprise. As used in this document, 'Deloitte' means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please see for a detailed description of our legal structure. Certain services may not be available to attest clients under the rules and regulations of public accounting.
Yahoo
12-06-2025
- Business
- Yahoo
SailPoint (SAIL) Soars on Higher Growth Outlook
We recently published a list of . In this article, we are going to take a look at where SailPoint, Inc. (NASDAQ:SAIL) stands against other best-performing stocks on Wednesday. SailPoint extended its winning streak to a fourth straight day on Wednesday, adding 14.66 percent to close at $22.53 apiece as investor sentiment was fueled by its higher growth outlook for the rest of the year. In a statement, SailPoint, Inc. (NASDAQ:SAIL) said it now expects to grow revenues between 20 and 21 percent to $1.034 billion to $1.044 billion for fiscal year 2026, higher than the 19 to 20 percent growth and revenue outlook of $1.025 billion to $1.035 billion targeted previously. For the second quarter alone, revenues are expected to increase by 22 to 23 percent to $242 million to $244 million. Adjusted earnings per share are expected to be in the range of $0.16 to $0.20 for the full fiscal year, versus the previously targeted $0.14 to $0.18. Meanwhile, adjusted earnings per share were pegged at between $0.04 and $0.05 in the second quarter period. A security technician installing a high-tech security system with multiple door locks. In the first quarter of the year, SailPoint, Inc. (NASDAQ:SAIL) widened its net loss attributable to common stockholders by 51 percent to $211 million from $140.5 million in the same period last year. Revenues increased by 23 percent to $230 million from $187 million year-on-year. Overall, SAIL ranks 4th on our list of best-performing stocks on Wednesday. While we acknowledge the potential of SAIL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-06-2025
- Business
- Yahoo
SailPoint Inc (SAIL) Q1 2026 Earnings Call Highlights: Strong ARR Growth and Strategic AI ...
Annual Recurring Revenue (ARR): $925 million, a 30% year-over-year increase. SaaS ARR: $574 million, growing 39% year-over-year. Revenue: $230 million, up 23% year-over-year. Subscription Revenue: $215 million, up 27% year-over-year. Adjusted Gross Profit Margin: 76.3%. Adjusted Operating Margin: 10.2%. Net Revenue Retention (NRR): 115%. Cash and Equivalents: $228 million, with no debt. Cash Used in Operating Activities: $97 million. Q2 2026 ARR Guidance: $965 million, up approximately 26% year-over-year. Fiscal Year 2026 ARR Guidance: $1.1 billion, up 25.5% year-over-year. Q2 2026 Revenue Guidance: $243 million, up 22% year-over-year. Fiscal Year 2026 Revenue Guidance: $1.039 billion, up 21% year-over-year. Fiscal Year 2026 Adjusted Operating Margin Guidance: 15.7%. Warning! GuruFocus has detected 7 Warning Signs with SAIL. Release Date: June 11, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. SailPoint Inc (NASDAQ:SAIL) reported a 30% year-over-year increase in annual recurring revenue (ARR), reaching $925 million, with SaaS ARR growing 39% year-over-year. The company saw a 62% year-over-year increase in customers with ARR greater than $1 million, indicating strong demand for its solutions among large enterprises. SailPoint Inc (NASDAQ:SAIL) is leading in the governance of emerging identity types, particularly machine identities and AI agents, positioning itself as a leader in the identity security market. The introduction of Harbor Pilot, an AI-powered assistant, is gaining traction and enhancing the platform's capabilities, making it easier for security teams to manage identity processes. The company's ecosystem strategy, including partnerships with Deloitte and managed service providers, is expanding its reach and driving growth across different market segments. Despite strong performance, the company faces competition from legacy and niche players, which could impact its market share. The macroeconomic environment remains uncertain, and while SailPoint Inc (NASDAQ:SAIL) has not seen a fundamental change in demand, external factors could affect future performance. The transition from legacy IGA solutions to SailPoint's offerings can be complex and time-consuming, potentially slowing down customer adoption. Pricing for new products like agent identity security remains a moving target, which could affect sales and customer acquisition strategies. There is a risk that new AI-enabled IGA vendors could lower the barrier to entry and disrupt SailPoint Inc (NASDAQ:SAIL)'s market position. Q: Can you discuss the pricing and competitive dynamics in the machine identity market, especially with the upcoming agent identity security product? A: Matt Mills, President, explained that machine identity is a top priority for customers, with significant opportunities due to its importance in the threat landscape. Pricing is expected to be value-based, and the market is still evolving. Mark McClain, CEO, added that SailPoint focuses on authorization capabilities, differentiating from competitors who focus on authentication. Q: Are you seeing any macroeconomic pressures, particularly with U.S. Federal exposure, as other cyber vendors have noted? A: Matt Mills, President, stated that SailPoint has not experienced significant macroeconomic impacts and continues to operate as usual, with no material challenges observed. Q: What is driving the strong ARR growth, and how are new and existing customers contributing to this? A: Brian Carolan, CFO, highlighted that new customer acquisition remains strong due to the essential nature of identity security. Existing customers contribute through expansions, including migrations to SaaS solutions, upsells, and cross-sells of new modules, maintaining a balanced growth from both new and existing customers. Q: How is SailPoint positioned to capitalize on AI compared to other vendors, and what macroeconomic factors are considered in the full-year guidance? A: Mark McClain, CEO, emphasized that SailPoint's governance framework is well-suited to manage AI agents, focusing on authorization rather than just access. Brian Carolan, CFO, noted that no major macroeconomic changes are expected, and the guidance reflects strong demand for identity security. Q: How are you leveraging AI to facilitate migrations from legacy IGA solutions, and what risks do you see from new AI-enabled IGA vendors? A: Mark McClain, CEO, explained that AI is used to enhance connectivity and simplify technical work, making migrations faster and easier. SailPoint's deep connections and governance capabilities differentiate it from newer vendors, ensuring strong performance in complex environments. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Business Insider
12-06-2025
- Business
- Business Insider
SailPoint price target raised to $25 from $23 at Goldman Sachs
Goldman Sachs raised the firm's price target on SailPoint (SAIL) to $25 from $23 and keeps a Neutral rating on the shares. The stock was up 15% today following a solid Q1 report, with SaaS annual recurring revenue up 39% y/y and net new ARR up 43%, the analyst tells investors in a research note. SailPoint management also noted stable demand as a function of consistent win rates and overall strength in Identity budgets, and is not factoring in any additional conservatism due to the macro environment, the firm added. Confident Investing Starts Here:
Business Insider
12-06-2025
- Business
- Business Insider
SailPoint, Inc. (SAIL) Receives a Rating Update from a Top Analyst
TD Cowen analyst Shaul Eyal maintained a Buy rating on SailPoint, Inc. (SAIL – Research Report) today. The company's shares closed today at $22.53. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Eyal is a top 25 analyst with an average return of 26.7% and a 69.56% success rate. Eyal covers the Technology sector, focusing on stocks such as Cloudflare, SailPoint, Inc., and Check Point. In addition to TD Cowen, SailPoint, Inc. also received a Buy from Barclays's Saket Kalia in a report issued on June 3. However, today, Mizuho Securities reiterated a Hold rating on SailPoint, Inc. (NASDAQ: SAIL). SAIL market cap is currently $10.94B and has a P/E ratio of -17.86. Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SAIL in relation to earlier this year.
