SailPoint: AI-Powered Identity Security Platform with Strong Growth in Recurring Revenues – Cantor Sees Potential Up to $29 (+28%)

The company Sailpoint (SAIL) went public in mid-February 2025. Shortly thereafter, there was a significant overall market weakness due to the Trump tariffs. SailPoint offers an Identity Security platform aimed at securing and managing access to corporate data and applications for all identities – from employees to third parties, as well as machines and AI agents. The solutions enable granular, context-based governance and automated workflows, supported by AI and a unified data architecture (Atlas platform). The business model is based on subscriptions...