From Yahoo Finance: 2025-06-12 18:34:00

SailPoint, Inc. (NASDAQ:SAIL) saw a 14.66% increase in stock price on Wednesday, closing at $22.53 per share. The company raised its revenue growth outlook for fiscal year 2026 to 20-21%, projecting $1.034 billion to $1.044 billion in revenue. Second-quarter revenue is expected to rise by 22-23% to $242 million to $244 million.

In the first quarter, SailPoint, Inc. (NASDAQ:SAIL) reported a 51% increase in net loss attributable to common stockholders, reaching $211 million. However, revenues rose by 23% to $230 million compared to the same period last year. SailPoint ranks 4th on the list of best-performing stocks.

Despite its recent success, some believe there are better investment opportunities in AI stocks with higher potential returns and lower risks than SAIL. Investors looking for undervalued AI stocks may want to explore other options. Check out the 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires for more insights.



Read more at Yahoo Finance: SailPoint (SAIL) Soars on Higher Growth Outlook