Cantor Fitzgerald Weighs in on SailPoint FY2026 Earnings

SailPoint, Inc. (NASDAQ:SAIL - Free Report) - Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for SailPoint in a research note issued on Monday, June 30th. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the company will post earnings of $0.20 per share for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $29.00 target price on the stock.

SailPoint (NASDAQ:SAIL - Get Free Report) last released its quarterly earnings data on Wednesday, June 11th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The firm had revenue of $230.47 million for the quarter, compared to the consensus estimate of $225.18 million. SailPoint's revenue for the quarter was up 22.8% on a year-over-year basis.

A number of other analysts also recently issued reports on SAIL. Piper Sandler assumed coverage on SailPoint in a research report on Monday, March 10th. They issued an "overweight" rating and a $30.00 target price on the stock. BMO Capital Markets raised their price objective on SailPoint from $26.00 to $27.00 and gave the company an "outperform" rating in a research report on Thursday, June 12th. The Goldman Sachs Group reiterated a "neutral" rating on shares of SailPoint in a research note on Wednesday, June 11th. Evercore ISI assumed coverage on shares of SailPoint in a research report on Monday, March 10th. They set an "outperform" rating and a $29.00 price objective for the company. Finally, Wells Fargo & Company raised their target price on shares of SailPoint from $16.00 to $20.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 12th. Five research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $26.66.

SailPoint Stock Up 0.1%

Shares of SailPoint stock traded up $0.02 on Wednesday, hitting $21.73. The company had a trading volume of 2,524,967 shares, compared to its average volume of 2,066,274. The company has a 50-day simple moving average of $19.51. SailPoint has a twelve month low of $15.05 and a twelve month high of $26.35.

Institutional Investors Weigh In On SailPoint

Several hedge funds and other institutional investors have recently made changes to their positions in SAIL. Stephens Investment Management Group LLC acquired a new stake in SailPoint in the first quarter valued at approximately $23,213,000. Allianz Asset Management GmbH bought a new stake in SailPoint during the 1st quarter worth $3,496,000. GW&K Investment Management LLC acquired a new position in SailPoint in the 1st quarter worth about $2,173,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in SailPoint in the first quarter valued at about $1,683,000. Finally, Assetmark Inc. acquired a new stake in shares of SailPoint during the first quarter valued at about $32,000.

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.