Latest news with #SailPoint
Business Wire
28-05-2025
- Business
- Business Wire
SailPoint Research Highlights Rapid AI Agent Adoption, Driving Urgent Need for Evolved Security
AUSTIN, Texas--(BUSINESS WIRE)-- SailPoint, Inc. (Nasdaq: SAIL), a leader in unified identity security for enterprises, today released a new research report titled 'AI agents: The new attack surface. A global survey of security, IT professionals and executives. ' The report highlights an urgent need for improved identity security as AI agents gain widespread adoption. 96% of tech professionals view AI agents as a growing security risk, yet 98% of organizations plan to expand adoption Share According to the report, 82% of organizations already use AI agents, but only 44% of organizations report having policies in place to secure them. The report also presented a striking paradox: 96% of technology professionals consider AI agents a growing risk, even as 98% of organizations plan to expand their use of them within the next year. The terms 'AI agent' or 'agentic AI' broadly encompass autonomous systems that perceive, make decisions, and take action to achieve specific goals within an environment. These agents often require several different machine identities to access needed data, applications and services, and they introduce additional complexities like self-modification and the potential to generate sub-agents. Notably, 72% state AI agents pose a greater risk than machine identities. Factors contributing to AI agents as a security risk include: AI agents' ability to access privileged data (60%) Their potential to perform unintended actions (58%) Sharing privileged data (57%) Making decisions based on inaccurate or unverified data (55%) Accessing and sharing inappropriate information (54%) 'Agentic AI is both a powerful force for innovation and a potential risk,' said Chandra Gnanasambandam, EVP of Product and CTO at SailPoint. 'These autonomous agents are transforming how work gets done, but they also introduce a new attack surface. They often operate with broad access to sensitive systems and data, yet have limited oversight. That combination of high privilege and low visibility creates a prime target for attackers. As organizations expand their use of AI agents, they must take an identity-first approach to ensure these agents are governed as strictly as human users, with real-time permissions, least privilege and full visibility into their actions.' Today, AI agents have access to customer information, financial data, intellectual property, legal documents, supply chain transactions, and other highly sensitive data. Yet respondents reported deep concerns over the ability to control the data AI agents can access and share, with an overwhelming 92% stating that governing AI agents is critical to enterprise security. Alarmingly, 23% reported their AI agents have been tricked into revealing access credentials. Additionally, 80% of companies say their AI agents have taken unintended actions, including: Accessing unauthorized systems or resources (39%) Accessing or sharing sensitive or inappropriate data (31% and 33%) Downloading sensitive content (32%) AI agents are not just part of systems; they are a distinct identity type. With nearly universal plans (98%) to expand their use of agentic AI in the next year, comprehensive identity security solutions that not only govern human identities but also AI and machine identities are essential. These solutions must have the ability to discover all AI agents within the environment, provide unified visibility, enforce zero standing privilege and ensure auditability—helping organizations strengthen security and meet regulatory requirements. In an era of widespread data breaches, poorly governed AI agents only increase risk. Read the full 'AI agents: The new attack surface. A global survey of security, IT professionals and executives' report. Methodology IT professionals responsible for AI, security, identity management, compliance, and operations at enterprise companies representing all seniority levels were invited to participate in a survey on their company's use of AI agents. A total of 353 qualified participants completed the survey, which was conducted by Dimensional Research, an independent third-party. All participants had enterprise security responsibilities. Participants were from 5 continents, providing a global perspective. 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.
Business Insider
20-05-2025
- Business
- Business Insider
SailPoint, Inc. (SAIL) Gets a Buy from RBC Capital
In a report released on May 18, Matthew Hedberg from RBC Capital maintained a Buy rating on SailPoint, Inc. (SAIL – Research Report), with a price target of $27.00. The company's shares closed yesterday at $18.35. Confident Investing Starts Here: Hedberg covers the Technology sector, focusing on stocks such as Olo, Snowflake, and N-able. According to TipRanks, Hedberg has an average return of 20.4% and a 66.80% success rate on recommended stocks. In addition to RBC Capital, SailPoint, Inc. also received a Buy from TD Cowen's Shaul Eyal in a report issued on May 16. However, on May 15, Mizuho Securities maintained a Hold rating on SailPoint, Inc. (NASDAQ: SAIL). The company has a one-year high of $26.35 and a one-year low of $15.05. Currently, SailPoint, Inc. has an average volume of 1.79M. 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. Most recently, in February 2025, THOMA BRAVO UGP, LLC, a Major Shareholder at SAIL sold 2,500,000.00 shares for a total of $54,750,000.00.
Globe and Mail
14-05-2025
- Business
- Globe and Mail
SailPoint to Announce Fiscal First Quarter 2026 Results on June 11, 2025
AUSTIN, Texas, May 14, 2025 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, will report its fiscal first quarter 2026 financial results before the US markets open on Wednesday, June 11, 2025. SailPoint will host a conference call that day at 8:30 a.m. Eastern Time to discuss the results. A live webcast of the conference call and the financial results press release will be available on SailPoint's website at An audio replay of the conference call will be available on the investor relations website for one year. About SailPoint At SailPoint (Nasdaq: SAIL), 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.
Yahoo
14-05-2025
- Business
- Yahoo
SailPoint, Inc. (SAIL): Among the Most Promising New Technology Stocks According to Analysts
We recently compiled a list of the . In this article, we are going to take a look at where SailPoint, Inc. (NASDAQ:SAIL) stands against the other promising new technology stocks. The stock market entered 2025 with much optimism, taking confidence from last year's performance. Similar to the stock market, the US IPO market also entered 2025 well-positioned for a promising year. However, the uncertainty regarding the tariffs has led to a lot of volatility in both the stock market and the IPO market. On March 27, White & Case released its insights on the US IPO market. The report highlighted that the US IPO showed steady gains due to stabilized gains and falling interest rates in the fourth quarter of 2024. Last year marked the second consecutive year of positive growth in US IPO proceeds, including the SPACs (Special Purpose Acquisition Company), as the proceeds reached $41.36 billion after growing 75% year-over-year. While the growth was impressive, it was still well below the pre-pandemic levels. In terms of the IPO counts, the number of IPOs grew from 154 in 2023 to 231 in 2024. The report also noted that the United States continued to lead the global IPO market by posting more than twice the level of proceeds as India, which is the second-largest IPO market by proceeds. The progress from the last year was carried on into 2025 as figures from the January 2025 IPO were favorable compared to the same month last year. In January, the US saw 29 IPOs, up from 17, with deal values growing from $3.45 billion to $5.1 billion. Moreover, the pipeline figures showed that there were 57 pending IPOs in March 2025. The United States market is anticipating more technology and artificial intelligence companies to go IPO during the year. This is due to the massive joint investment through Stargate's $100 billion reserve. The report acknowledged the uncertainty and difficulty that new companies might be facing due to the tariffs. However, the overall economic policies of the administration are viewed as capital-friendly, thereby paving the way for more IPOs to be filed this year. To curate the list of 11 most promising new technology stocks according to analysts, we used the Finviz stock screener and CNN. Using the screener, we aggregated a list of technology stocks that have IPOed within the last 3 years. Next, we sourced the upside potential based on Wall Street analysts' price target estimates for each stock from CNN and ranked the stocks in ascending order of this indicator. We have also added the hedge fund sentiment around each stock from Insider Monkey's Q4 2024 database. Please note that the data was recorded on May 13, 2025. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A young professional in a workspace with a laptop demonstrating the company's anti-virus security & privacy protection services. SailPoint, Inc. (NASDAQ:SAIL) is a technology company that specializes in identity security solutions for enterprises. It provides a unified platform that manages and secures access to applications and data of identities, including employees, contractors, and partners. Its key offerings include Identity Security Cloud, IdentityIQ, and other advanced capabilities. On April 23, it launched its first Software-as-a-Service instance in the Middle East, which is expected to go live in May 2025. This is a strategic move to strengthen its global expansion and accelerate digital transformation in the region. Moreover, during fiscal 2025, SailPoint, Inc. (NASDAQ:SAIL) grew its annual recurring revenue by 29% year-over-year to reach $877 million. Its SaaS ARR, which is a key indicator of cloud-based services, expanded even faster at 39% year-over-year, reaching $540 million. The management of the company noted that identity security is now a strategic imperative for enterprises, especially with the growing complexity and scale of identity management needs accelerated by AI agents. Looking ahead, SailPoint, Inc. (NASDAQ:SAIL) expects continued growth for fiscal 2026 with annual recurring revenue projected between $896 million and $900 million, reflecting 26% to 27% growth. ClearBridge Mid Cap Strategy stated the following regarding SailPoint, Inc. Common Stock (NASDAQ:SAIL) in its Q1 2025 investor letter: 'We participated in the IPO of SailPoint, Inc. Common Stock (NASDAQ:SAIL), which offers identity security solutions to help companies manage and secure access to critical data and applications. Having known the company for a long time and previously owned it in its prior publicly traded forms, we believe the incorporation of AI has swelled SailPoint's total addressable market — already growing at a high pace — as companies will need to begin addressing what data and functions their new AI agents can access across their enterprise.' Overall SAIL ranks 5th on our list of the most promising new technology stocks according to analysts. While we acknowledge the potential of SAIL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SAIL but that trades at less than 5 times its earnings, check out our report about this . 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. Sign in to access your portfolio
Techday NZ
12-05-2025
- Business
- Techday NZ
Netpoleon to distribute SailPoint identity security in ANZ
Netpoleon has been appointed as the official value-added distributor for SailPoint's identity security solutions across Australia and New Zealand (ANZ). This partnership extends the collaboration between Netpoleon and SailPoint from Asia to the ANZ region, reinforcing SailPoint's channel ecosystem in these markets. Through this agreement, Netpoleon will distribute and support SailPoint's suite of identity security offerings, including its unified identity platform, Atlas. Netpoleon ANZ is set to play a significant role in building and enabling the channel partner community, with a focus on helping partners deliver identity governance and access management solutions across various industries. The alliance is aimed at supporting channel partners and end customers by bringing to bear Netpoleon's cybersecurity expertise and resources throughout the Asia-Pacific region. Netpoleon ANZ intends to leverage its partner network to help organisations bolster their security posture, mitigate fraud risk, and achieve regulatory compliance. Channel partners are expected to benefit from additional support, training, and access to SailPoint solutions. End customers, especially financial services institutions and medium-to-large enterprises that are starting or evolving their identity governance initiatives, will have access to improved security and compliance technologies. Paul Lim, Regional Director, Netpoleon ANZ, commented, "SailPoint's identity security solutions address the growing challenge of managing identities and applications in increasingly complex enterprise environments. Netpoleon ANZ is proud to be the value-added distributor for SailPoint, and will augment the local SailPoint team, and enable and support local channel partners." SailPoint's technology is used to counteract the escalating risks related to identity fraud and regulatory non-compliance. Given rising market requirements for compliance and resilience, SailPoint's solutions support organisations in managing identity access, enforcing security policies, and decreasing susceptibility to cyber threats. Interest in identity security is particularly strong in Australia, with the issue highlighted as a focus area in the Australian Federal Government's 2024 budget, further increasing local demand for advanced security solutions. Nam Lam, Managing Director, ANZ, SailPoint, stated, "SailPoint is delighted to collaborate with Netpoleon to help customers in Australia and New Zealand embrace our robust identity security solutions and navigate security risks. To enhance SailPoint's expansive partner ecosystem serving large organisations, we are partnering with Netpoleon to support the increasing demand for identity security in the enterprise market. We look forward to working with Netpoleon to enable enterprises to manage the proliferation of identities and applications, ensure regulatory compliance, and strengthen their security posture." This development is part of SailPoint's international strategy of broadening its channel-based programmes to give organisations better protection of their digital identities. With identity security becoming a higher priority, both Netpoleon and SailPoint have indicated their commitment to equipping ANZ enterprises with the necessary technology and support for identity governance and compliance.
