Sailpoint (NYSE:SAIL) Updates FY 2026 Earnings Guidance

Sailpoint (NYSE:SAIL) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.160-0.200 for the period, compared to the consensus earnings per share estimate of 0.170. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Sailpoint also updated its Q2 2026 guidance to 0.040-0.050 EPS.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. TD Cowen began coverage on Sailpoint in a research report on Monday, March 10th. They set a “buy” rating and a $30.00 price target on the stock. BMO Capital Markets began coverage on Sailpoint in a research report on Monday, March 10th. They set an “outperform” rating and a $26.00 price objective on the stock. Evercore ISI began coverage on Sailpoint in a research report on Monday, March 10th. They set an “outperform” rating and a $29.00 price objective on the stock. Barclays set a $23.00 price objective on Sailpoint and gave the company an “overweight” rating in a research report on Tuesday, June 3rd. Finally, Truist Financial began coverage on Sailpoint in a research report on Monday, March 10th. They set a “buy” rating and a $29.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $25.83.

Sailpoint Price Performance

Sailpoint stock opened at $22.53 on Thursday. The company has a 50-day simple moving average of $17.77. Sailpoint has a one year low of $15.05 and a one year high of $26.35.

Sailpoint (NYSE:SAIL) last released its quarterly earnings results on Wednesday, March 26th. The company reported ($4.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($4.28). The business had revenue of $240.10 million during the quarter, compared to the consensus estimate of $229.69 million.

Institutional Investors Weigh In On Sailpoint

An institutional investor recently bought a new position in Sailpoint stock. Royal Bank of Canada acquired a new position in Sailpoint Inc (NYSE:SAIL) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 61,126 shares of the company’s stock, valued at approximately $1,146,000.

Sailpoint Company Profile

SailPoint, Inc delivers solutions to enable comprehensive identity security for the enterprise. Its solutions enable organizations to establish, control, and automate policies that help them define and maintain a robust security posture and achieve regulatory compliance. The company was founded by Mark David McClain in 2005 and is headquartered in Austin, TX.