SailPoint: Security Sails Keep Blowing Forward
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The Software Side of Life5.31K FollowersFollow5ShareSavePlay(8min)CommentsSummarySailPoint has demonstrated strong revenue growth and is well positioned as enterprise security demand accelerates amid AI adoption. SAIL's SaaS transition drives recurring revenue, with subscription revenue up 22% and SaaS ARR up 38% year-over-year. Net retention remains robust at 114-115%, signaling consistent upsell and customer satisfaction, supporting visibility into future growth. Despite a premium ~10x revenue multiple, SAIL's growth and margin profile justify a bullish outlook for long-term investors. Vertigo3d/E+ via Getty Images SailPoint, Inc. (SAIL) has gone through a turbulent period since re-entering the public markets earlier this year. However, one investment theme remains clear - security is top of mind for enterprise investments and the demand is only likelyThis article was written byThe Software Side of Life5.31K FollowersFollowIndividual investor with hands-on experience in the equity markets. Largely focusing on Tech companies or major mispricings in the market.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.