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Morgan Stanley Maintains a Buy on SailPoint (SAIL)

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SailPoint, Inc. (NASDAQ:SAIL) is one of the Most Promising New Technology Stocks to Buy According to Hedge Funds. On September 15, Meta Marshall from Morgan Stanley maintained a Buy rating on SailPoint, Inc. (NASDAQ:SAIL) with a price target of $25.

 

The analyst noted that the company showed strong Q2 results with its total annual recurring revenue reaching $982 million, reflecting a 28% increase year-over-year. The company also delivered strong operating margins of 20%.

 

Morgan Stanley Maintains a Buy on SailPoint (SAIL)

 

Marshall highlighted that although the Q3 guidance is conservative, he sees the potential for annual recurring revenue to pick up again. He noted the company’s Agentic Identity Security and real-time authorization features are expected to attract investor interest.

 

SailPoint, Inc. (NASDAQ:SAIL) provides identity security solutions for enterprises. It unifies identity data across employees, contractors, machines, and AI agents.

 

 

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 best short-term AI stock.

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