SailPoint (NASDAQ:SAIL) Issues Q2 2027 Earnings Guidance

SailPoint (NASDAQ:SAIL) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.070-0.080 for the period, compared to the consensus EPS estimate of 0.080. The company issued revenue guidance of $308.0 million-$312.0 million, compared to the consensus revenue estimate of $309.9 million. SailPoint also updated its FY 2027 guidance to 0.300-0.340 EPS.

SailPoint Stock Down 3.0%

Shares of SailPoint stock opened at $17.69 on Tuesday. SailPoint has a 52-week low of $10.30 and a 52-week high of $24.95. The company’s 50-day simple moving average is $13.60 and its 200-day simple moving average is $15.98. The firm has a market cap of $10.03 billion, a price-to-earnings ratio of -31.59 and a beta of 2.00.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.05 earnings per share (EPS) for the quarter. SailPoint had a negative net margin of 25.20% and a positive return on equity of 1.95%. The business had revenue of $280.14 million for the quarter. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. Equities research analysts anticipate that SailPoint will post 0.32 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Mizuho decreased their price objective on shares of SailPoint from $23.00 to $20.00 and set a “neutral” rating on the stock in a report on Tuesday, February 17th. BTIG Research decreased their price objective on shares of SailPoint from $22.00 to $18.00 and set a “buy” rating on the stock in a report on Thursday, March 19th. TD Cowen decreased their price objective on shares of SailPoint from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. JPMorgan Chase & Co. decreased their price objective on shares of SailPoint from $26.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 19th. Finally, Royal Bank Of Canada set a $17.00 price objective on shares of SailPoint in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.29.

Insider Activity

In related news, General Counsel Christopher Schmitt sold 18,813 shares of the business’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $11.46, for a total transaction of $215,596.98. Following the sale, the general counsel owned 1,355,551 shares of the company’s stock, valued at approximately $15,534,614.46. The trade was a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Mitra Rezvan sold 7,487 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $20.00, for a total transaction of $149,740.00. Following the completion of the sale, the chief accounting officer owned 189,476 shares in the company, valued at $3,789,520. This represents a 3.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 534,449 shares of company stock valued at $6,569,848 in the last quarter. Insiders own 1.70% of the company’s stock.

Institutional Trading of SailPoint

Several large investors have recently modified their holdings of SAIL. Kestra Advisory Services LLC acquired a new stake in shares of SailPoint in the fourth quarter valued at approximately $42,000. State of Wyoming acquired a new stake in shares of SailPoint in the second quarter valued at approximately $45,000. BNP Paribas Financial Markets acquired a new stake in shares of SailPoint in the second quarter valued at approximately $79,000. California State Teachers Retirement System acquired a new stake in shares of SailPoint in the second quarter valued at approximately $87,000. Finally, Russell Investments Group Ltd. acquired a new stake in shares of SailPoint in the third quarter valued at approximately $156,000.

About SailPoint

SailPoint Technologies Holdings, Inc (NASDAQ: SAIL) is a leading provider of enterprise identity governance solutions that enable organizations to manage and secure user access across on-premises, cloud and hybrid IT environments. Its software automates identity lifecycle management, access certifications, policy enforcement and privileged account governance, helping enterprises reduce security risks, maintain regulatory compliance and streamline IT operations. The company’s flagship offerings include IdentityIQ, a comprehensive on-premises platform, and IdentityNow, a cloud-native identity governance-as-a-service solution.

Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.