KeyCorp Weighs in on SailPoint’s Q3 Earnings (NASDAQ:SAIL)

SailPoint, Inc. (NASDAQ:SAIL) – Analysts at KeyCorp issued their Q3 2027 EPS estimates for SailPoint in a research note issued to investors on Thursday, October 1st. KeyCorp analyst E. Heath expects that the company will post earnings of $0.08 per share for the quarter. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for SailPoint’s current full-year earnings is $0.33 per share. KeyCorp also issued estimates for SailPoint’s Q4 2027 earnings at $0.11 EPS, FY2027 earnings at $0.33 EPS, Q1 2028 earnings at $0.08 EPS, Q2 2028 earnings at $0.11 EPS, Q3 2028 earnings at $0.10 EPS, Q4 2028 earnings at $0.13 EPS, FY2028 earnings at $0.41 EPS, Q1 2029 earnings at $0.09 EPS, Q2 2029 earnings at $0.13 EPS and FY2029 earnings at $0.52 EPS.

A number of other analysts have also recently weighed in on the company. Mizuho set a $19.00 price target on SailPoint in a research report on Wednesday, September 9th. Evercore reissued an “outperform” rating on shares of SailPoint in a report on Thursday, September 10th. TD Cowen reissued a “buy” rating on shares of SailPoint in a research note on Wednesday, September 9th. Royal Bank Of Canada boosted their target price on SailPoint from $19.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, Roth Capital restated a “buy” rating and issued a $21.00 target price (up from $19.00) on shares of SailPoint in a report on Thursday, September 10th. Twenty analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, SailPoint currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.99.

SailPoint Trading Down 1.7%

Shares of NASDAQ:SAIL opened at $19.58 on Tuesday. The stock has a market capitalization of $11.18 billion, a PE ratio of -57.59, a P/E/G ratio of 2.19 and a beta of 2.15. SailPoint has a 1 year low of $10.30 and a 1 year high of $23.89. The firm has a fifty day moving average price of $19.22 and a 200 day moving average price of $15.78.

SailPoint (NASDAQ:SAIL) last released its quarterly earnings results on Wednesday, September 9th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. SailPoint had a negative net margin of 16.92% and a positive return on equity of 2.44%. The business had revenue of $308.81 million for the quarter. During the same quarter in the prior year, the business posted ($0.02) EPS. The firm’s revenue for the quarter was up 17.0% compared to the same quarter last year. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SAIL. Gables Capital Management Inc. bought a new position in shares of SailPoint in the second quarter worth about $29,000. Palladiem LLC bought a new stake in SailPoint during the 4th quarter valued at approximately $42,000. Northwestern Mutual Wealth Management Co. bought a new stake in SailPoint during the 2nd quarter valued at approximately $50,000. State of Wyoming acquired a new stake in SailPoint in the 2nd quarter valued at approximately $56,000. Finally, Legal & General Group Plc acquired a new stake in SailPoint in the 2nd quarter valued at approximately $94,000.

Key SailPoint News

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: Oppenheimer initiated coverage with an Outperform rating and a $30 price target, implying substantial upside from the recent trading level. The rating adds a new bullish institutional view and helped drive interest in the stock. Oppenheimer initiates coverage of SailPoint with outperform rating
• Positive Sentiment: SailPoint is positioning itself as a key beneficiary of enterprise AI-agent adoption. The company reported that 79% of organizations run AI agents in production, while only 2% use purpose-built identity security tools—a 40-to-1 gap that could create significant demand for SailPoint’s products. SailPoint AI security report
• Positive Sentiment: The company unveiled Autonomous Agents, autonomous identity security posture management, AI-agent discovery, temporary access controls and compliance automation. These capabilities are designed to reduce excessive privileges and secure increasingly autonomous enterprise workflows. SailPoint autonomous identity security announcement
• Neutral Sentiment: SailPoint also announced modernization upgrades for its cloud and on-premises platforms, including Human Fabric capabilities and IdentityIQ 9.0. The releases may support customer retention and expansion, but their near-term financial impact remains uncertain. SailPoint platform modernization announcement
• Neutral Sentiment: KeyCorp maintained a Sector Weight view while modeling fiscal 2027 EPS of $0.33, rising to $0.41 in fiscal 2028 and $0.52 in fiscal 2029. The estimates indicate expected earnings growth but do not represent a rating upgrade. KeyCorp SailPoint earnings estimates

About SailPoint

SailPoint, Inc (NASDAQ:SAIL) is an identity security company that helps organizations manage and protect digital identities and access to applications, data, and other technology resources. Its software is designed to help enterprises determine who should have access to specific resources, enforce access policies, and identify and address inappropriate or excessive access.

The company’s offerings include its cloud-based identity security platform, which supports identity governance, access management, lifecycle automation, compliance, and analytics.