BMO Capital Maintains Outperform Rating on SailPoint (SAIL) With Strong Pipeline Outlook

SailPoint, Inc. (NASDAQ:SAIL) ranks among the best stocks nether $25 to bargain now. In effect to SailPoint, Inc. (NASDAQ:SAIL)’s latest quarterly reports, BMO Capital reaffirmed its Outperform standing and $25 terms people connected the company’s shares connected December 11. Although the October quarter’s Annual Recurring Revenue (ARR) bushed ended up little than that of the preceding 2 quarters, the steadfast indicated that SailPoint, Inc. (NASDAQ:SAIL) reported improvements crossed each measures.

The company’s SaaS ARR accrued by 38% year-over-year to $669 million, accounting for 64% of wide ARR. Despite the coagulated wide performance, the 4th saw lone a 1% summation successful ARR. Moreover, the institution recorded a nett gross retention (NRR) percent of 114%, showing important lawsuit maturation and retention.

BMO Capital presumes that management’s January 4th nett caller ARR guidance could boost the company’s shares successful the adjacent term. The steadfast added that SailPoint’s pipeline remains strong, owing to continuing conversions and caller merchandise cross-selling opportunities.

​SailPoint, Inc. (NASDAQ:SAIL) provides endeavor individuality information solutions by unifying individuality information crossed employees, contractors, machines, and AI agents. The company’s products includes individuality information cloud, atlas, connectivity and integrations, and identityIQ bundle platforms.

While we admit the imaginable of SAIL arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.