Latest news with #FedRAMP
Globe and Mail
4 days ago
- Business
- Globe and Mail
NET Surges 87.3% in 3 Months: Should You Buy, Sell or Hold the Stock?
Cloudflare NET stock has skyrocketed 87.3% in the past three months, outperforming the Zacks Internet - Software industry's growth of 38.7% in the same time frame. With such a stellar performance, investors are left wondering — should they double down on NET stock, or is caution the wiser path? Cloudflare 3 Months Price Performance Chart Why Did Cloudflare Stock Skyrocket? Momentum in Cloudflare stock can be attributed to its success with Cloudflare One bookings, traction across its AI portfolio and increased acceptance by U.S. federal agencies, especially after FedRAMP certification. These factors have gained investors' confidence for now. However, as a result of the recent gains in the stock price, NET is now trading at a significant premium compared with the Zacks Internet - Software industry. Its forward 12-month Price/Sales of 27.72X is higher than the Zacks Internet Software Industry's 5.7X. NET Forward 12 Months (P/S) Valuation Chart Cloudflare's near-term prospects remain foggy. The stock is not so cheap, as the Value Score of F suggests a stretched valuation at this moment. Cloudflare also faces some near-term and intrinsic challenges that might limit its growth trajectory. Cloudflare Grapples With Macroeconomic Headwinds A substantial portion of Cloudflare's topline is derived from outside the United States. During the years 2024, 2023, 2022, 2021 and 2020, NET earned approximately 49%, 48%, 47%, 48% and 49%, respectively, of its revenues from outside the United States. However, the U.S. government's aggressive stance on tariffs toward major economies is a concern for Cloudflare. Cloudflare is seeing increased traction with pool of funds deals, where customers commit a large sum for flexible usage. These contracts can delay revenue recognition, thereby creating near-term headwinds for metrics like Dollar-Based Net Retention (DBNR), which remained flat at 111% in first-quarter 2025. These factors are impacting NET's topline, which has been on a decline in the past three years. In 2022, NET's annual revenues grew at a rate of 48.6%. The 2023 revenue growth rate was 33%, while the 2024 growth rate was 28.8%. The company's full-year 2025 revenue guidance of $2.09-$2.094 billion implies just 25% growth, a further decline from its 2024 growth rate. NET's Shrinking Margins Due to Competitive Environment Cloudflare operates in a highly competitive environment. In its content delivery space, companies like Amazon AMZN, Akamai Technology and Fastly compete with Cloudflare. In the cybersecurity space, a range of companies like Palo Alto Networks PANW and Zscaler ZS compete with it. Amazon also competes with its developer platform through its general-purpose serverless and container-based edge deployment solutions. Alphabet is implementing AI in its Cloud Run solution, Amazon's AWS Lambda & Lambda@Edge leverage deep integrations with AWS services, robust tooling and a mature developer base. Additionally, AWS Fargate is the AWS service that also enables serverless compute for containers. These solutions threaten the dominance of Cloudflare's developer platform. Palo Alto Networks achieved 36% year-over-year growth in SASE ARR and 16% growth in $1 million-plus deals in the third quarter of fiscal 2025, making it a dominant SASE player. Furthermore, Zscaler's presence across multiple verticals, including SASE and zero trust, along with its rapid market expansion, puts Cloudflare under pressure from market expansion and product innovation. To survive in the highly competitive cybersecurity market, each player must continually invest in broadening its capabilities. Over the past few years, Cloudflare has invested heavily to enhance its sales and marketing capabilities, particularly by increasing its international presence. This has negatively impacted its operating margins. Cloudflare's bottom-line growth rate is pegged at mid single digits for the full-year 2025. What Should Investors Do? While Cloudflare's recent stock surge and strong market position are encouraging, its high valuation warrants caution. Furthermore, as NET seems to grapple with macroeconomic and operational headwinds, investors should stay away from the stock at present. Cloudflare currently carries a Zacks Rank #5 (Strong Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include Stock #1: A Disruptive Force with Notable Growth and Resilience Stock #2: Bullish Signs Signaling to Buy the Dip Stock #3: One of the Most Compelling Investments in the Market Stock #4: Leader In a Red-Hot Industry Poised for Growth Stock #5: Modern Omni-Channel Platform Coiled to Spring Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%. Download Atomic Opportunity: Nuclear Energy's Comeback free today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Palo Alto Networks, Inc. (PANW): Free Stock Analysis Report Zscaler, Inc. (ZS): Free Stock Analysis Report Cloudflare, Inc. (NET): Free Stock Analysis Report
Business Wire
6 days ago
- Business
- Business Wire
Orbus Software Secures FedRAMP 'In Process' Designation
NEW YORK--(BUSINESS WIRE)--Enterprise transformation platform provider Orbus Software today announced that its cloud-native platform built for the US public sector, OrbusInfinity Government, has achieved Federal Risk and Authorization Management Program (FedRAMP) 'In Process' status, bringing a secure, dedicated enterprise architecture platform to the FedRAMP Marketplace. FedRAMP authorization is a legal requirement for federal agencies, ensuring that any cloud service provider working with federal data meets strict security standards. While state and local governments are not mandated to use FedRAMP – since they fall outside federal law – they often look to FedRAMP as a benchmark for cloud security. Many state and local agencies adopt solutions in the FedRAMP Marketplace to benefit from the program's rigorous controls and to streamline their own procurement and risk management processes. OrbusInfinity Government's 'In Process' status marks an important milestone in the platform's journey toward achieving an Authority to Operate (ATO) and FedRAMP Moderate. Reaching Moderate ATO indicates that a solution meets the stringent security requirements for use by any federal agency storing and processing sensitive but unclassified data. Government departments are often held back by security requirements that leave them years behind the private sector, limited budgets, and decades-old technology stacks, all while striving to modernize and accelerate service delivery. An enterprise transformation platform with core capabilities in enterprise architecture, OrbusInfinity Government provides a digital blueprint of the organization, helping align IT investments with mission goals. 'The government sector is grappling with shrinking budgets while addressing ever-expanding security challenges,' said Peter Bates, Chief Product Officer at Orbus Software. 'Cloud solutions provide a way to operate efficiently and adapt quickly. However, agencies need assurance that their mission-critical data and sensitive information are safe. With OrbusInfinity Government designated as FedRAMP 'In Process', government organizations now have a trusted platform to successfully manage complex change and drive government IT and operational efficiency.' Key benefits of OrbusInfinity Government's FedRAMP status include: Industry-leading enterprise architecture capabilities for federal government: OrbusInfinity Government delivers specialist enterprise architecture functionality that enables government agencies to modernize operations, break down silos, and make smarter, faster decisions. Teams can use it to drive cost reduction, accelerate project delivery, and maximize the impact of transformation initiatives. Best-in-class SaaS security controls: Hosted in a secure Microsoft Azure for US Government tenancy, OrbusInfinity Government offers robust, end-to-end security and real-time threat detection to protect the sensitive data of US government departments, and safeguard repositories, artifacts, and blueprints in compliance with federal security standards. Streamlined procurement and deployment: For federal agencies, the FedRAMP Marketplace acts like an 'approved vendor list', reducing the time, effort, and costs required for individual government agencies to vet cloud service providers, and accelerating procurement and deployment. State and local government organizations can also leverage the FedRAMP status to simplify and expedite their own purchasing processes. Risk reduction: The secure cloud-based enterprise architecture platform enables users to gain full transparency into risks, misaligned priorities, and inefficiencies across the business and technical landscape. Government departments can develop actionable roadmaps to mitigate cybersecurity risks, track compliance, accelerate recovery, and provide an auditable trail for every decision. 'With cybercrime showing no sign of slowing, government agencies must ensure that data is secure,' said Oliver Hecquer, Chief Operating Officer at Orbus Software. 'Now, they can more easily and quickly procure and deploy an innovative transformation platform that meets their comprehensive privacy, security, and compliance needs.' Orbus Software is a leading global provider of enterprise transformation solutions, with regional offices in USA, UK, UAE, Australia, Singapore, and Poland. It aims to empower customers with a strategic decision-making platform to successfully manage complex change. The cloud-native OrbusInfinity platform enables leaders to deliver business objectives, innovate faster, and ensure enterprise resiliency, while supporting them to make more informed, responsible, and sustainable business decisions. To learn more, follow Orbus Software on LinkedIn and X.
Yahoo
7 days ago
- Business
- Yahoo
SailPoint, Inc. (SAIL): A Bull Case Theory
We came across a bullish thesis on SailPoint, Inc. (SAIL) on r/wallstreetbets Subreddit by that_kid_over_there1. In this article, we will summarize the bulls' thesis on SAIL. SailPoint, Inc. (SAIL)'s share was trading at $22.16 as of 3rd July. SAIL's forward P/E was 142.86 respectively according to Yahoo Finance. Image by Alexandra_Koch from Pixabay As enterprises rapidly scale their use of AI agents and bots, they face a mounting identity crisis—one where scripts and virtual assistants often outnumber human employees and are granted sensitive access without proper oversight. This creates a silent but growing risk: bots like 'invoice_processor_v2' still holding admin privileges long after anyone remembers they exist. SailPoint ($SAIL) emerges as the quiet force solving this problem, positioning itself not as an AI innovator, but as the indispensable gatekeeper of digital identity. Unlike flashy AI tools, SailPoint provides the infrastructure that ensures every identity—human or machine—is accounted for, governed, and monitored. With its software, enterprises can track who or what has access to critical systems, audit that behaviour, and revoke privileges before damage is done. Already trusted by over 50% of the Fortune 500 and holding FedRAMP certification to secure U.S. government machine identities, SailPoint is deeply embedded in environments where trust is non-negotiable. As the adoption of AI accelerates, so does the need for scalable identity governance. Investors aren't just betting on AI's proliferation—they're betting on the firm that ensures AI doesn't go rogue. The thesis sees near-term upside to $30 if the market recognizes this hidden tailwind, with medium-term potential at $50 as machine identities continue to outpace humans. In a scenario where AI becomes fully integrated into enterprise operations, SailPoint could surpass $100, becoming the de facto middle manager of the machine workforce. For investors, SailPoint offers a compelling way to play the AI boom by backing the one enforcing order amid the chaos. Previously we covered a bullish thesis on Salesforce, Inc. (CRM) by Compounding Your Wealth in May 2025, which highlighted the company's robust Q1 FY2026 performance, accelerating AI monetization, and strong enterprise demand across verticals and geographies. The company's stock price has appreciated approximately 2% since our coverage. This is because the thesis played out as expected, with AI and cross-cloud traction driving optimism. That_kid_over_there1 shares a similar view on AI-driven enterprise transformation but emphasizes SailPoint's role as the infrastructure layer that governs identity access, highlighting a different but complementary AI beneficiary. SAIL isn't on our list of the 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the risk and 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: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Business Wire
15-07-2025
- Business
- Business Wire
Procore Achieves FedRAMP® 'In Process' Designation
CARPINTERIA, Calif.--(BUSINESS WIRE)--Procore Technologies, Inc. (NYSE: PCOR), a leading technology partner for every stage of construction, today announced that it has achieved a Federal Risk and Authorization Management Program (FedRAMP®) 'In Process' designation and is now listed on the FedRAMP Marketplace. This milestone marks significant progress towards achieving FedRAMP Moderate authorization and reinforces Procore's commitment to serving U.S. public sector agencies and their contractors. Once authorized, Procore for Government will provide a FedRAMP Moderate authorized environment (Government Zone) for Procore's core solutions – Project Execution, Financial Management, and Reporting and Analytics. 'Many of the largest projects in the U.S.—from power plants to roads to water systems and bridges–are developed by the public sector. Today's FedRAMP 'In Process' designation further strengthens Procore's commitment to being the most trusted technology partner for builders supporting the U.S. public sector,' said Steve Davis, President of Product and Technology, Procore. 'Procore for Government will also empower federal and state agencies to collaborate on the essential infrastructure projects we rely on every day.' Once available, Procore for Government's Unified Platform connects people, processes, and data across the entire project lifecycle—boosting collaboration, improving communication, and driving operational efficiencies. It will also help support contractors in meeting their Cybersecurity Maturity Model Certification (CMMC) Level 2 requirements. For more information on Procore's public sector offerings, visit About Procore Procore Technologies, Inc. (NYSE: PCOR) is a leading technology partner for every stage of construction. Built for the industry, Procore's unified technology platform drives efficiency and mitigates risk through AI & data-driven insights and decision making. Over three million projects have run on Procore across 150+ countries. For more information, visit
Yahoo
13-07-2025
- Business
- Yahoo
SailPoint's Data Access Security Achieves FedRAMP Moderate Authorization
SailPoint Inc. (NASDAQ:SAIL) is one of the best new tech stocks with huge upside potential. On July 8, SailPoint announced that its Data Access Security product, which is integrated within the SailPoint Identity Security Cloud, has achieved Federal Risk and Authorization Management Program/FedRAMP Moderate authorization. This authorization enables federal agencies, the defense industrial base, and other companies with federal contracts to access an integrated data access security solution designed to protect critical data within distributed workforces. A software company's engineer staring at a computer monitor with intense concentration. SailPoint Data Access Security is now available on AWS GovCloud and is authorized at the FedRAMP Moderate impact level. It aligns with key Federal Identity, Credential, and Access Management & NIST Cybersecurity Framework requirements. The FedRAMP-authorized SailPoint Identity Security Cloud is a SaaS-based solution that forms the foundation for zero trust by providing visibility and control over access to applications, systems, and sensitive data. SailPoint Inc. (NASDAQ:SAIL) delivers solutions to enable identity security for the enterprise in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. While we acknowledge the potential of SAIL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
