Here’s Why NZS Capital Believes in the Strong Growth Potential of SailPoint (SAIL)

Core Insights - NZS Capital, LLC reported a +4.09% return for its "NZS Growth Equity Strategy" in Q3 2025, underperforming the Morningstar Global Target Market Exposure index which returned +7.60% during the same period [1] - Year-to-date, the fund achieved a +20.18% return, slightly outperforming the index's +18.26% return [1] Company Analysis: SailPoint, Inc. (NASDAQ:SAIL) - SailPoint, Inc. experienced a one-month return of -8.38% and a three-month gain of 4.51%, with its stock closing at $21.55 and a market capitalization of $11.995 billion on October 30, 2025 [2] - The company reported revenues of $264 million in Q2 2026, reflecting a 33% year-over-year increase, with subscription revenue growing by 36% [4] - SailPoint is not among the 30 most popular stocks among hedge funds, with 27 hedge fund portfolios holding its shares at the end of Q2 2025, down from 41 in the previous quarter [4] Cybersecurity Context - A zero-click vulnerability named "EchoLeak" was discovered in Microsoft 365 Copilot, marking a significant cybersecurity concern for AI agents, which could be exploited to exfiltrate sensitive data [3]