KeyCorp Estimates SailPoint's Q3 Earnings (NASDAQ:SAIL)

Key Points

• KeyCorp expects SailPoint to report $0.08 in Q3 fiscal 2027 EPS and maintains a “Sector Weight” rating. Its estimates are $0.33 EPS for FY2027, $0.41 for FY2028, and $0.52 for FY2029.
• SailPoint’s latest quarterly results exceeded expectations, with $0.09 EPS versus the $0.08 consensus and revenue of $308.81 million, up 17% year over year. The company guided to $0.07–$0.08 EPS for Q3 2027 and $0.30–$0.34 for FY2027.
• Analyst sentiment is broadly positive: 19 analysts rate the stock Buy, six Hold, and one Sell, producing a “Moderate Buy” consensus and an average target price of $21.64; Scotiabank and Morgan Stanley have recently raised their outlooks.

SailPoint, Inc. (NASDAQ:SAIL - Free Report) - Equities researchers at KeyCorp issued their Q3 2027 earnings per share estimates for shares of SailPoint in a research note issued to investors on Thursday, October 1st. KeyCorp analyst E. Heath anticipates that the company will post earnings per share of $0.08 for the quarter. KeyCorp currently 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.

Other analysts have also recently issued research reports about the company. Morgan Stanley boosted their target price on SailPoint from $18.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday, August 20th. Scotiabank reaffirmed an "outperform" rating on shares of SailPoint in a research report on Monday. BMO Capital Markets reiterated a "buy" rating and set a $21.00 price objective on shares of SailPoint in a research note on Thursday, September 10th. Weiss Ratings raised shares of SailPoint from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Thursday, August 13th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $19.00 target price on shares of SailPoint in a research note on Wednesday, June 10th. Nineteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, SailPoint presently has an average rating of "Moderate Buy" and a consensus target price of $21.64.

SailPoint Price Performance

SailPoint stock opened at $20.29 on Tuesday. The company has a market cap of $11.58 billion, a price-to-earnings ratio of -59.67, a price-to-earnings-growth ratio of 2.24 and a beta of 2.15. SailPoint has a 12 month low of $10.30 and a 12 month high of $24.00. The stock's 50-day moving average is $19.06 and its 200-day moving average is $15.68.

SailPoint (NASDAQ:SAIL - Get Free Report) last issued its 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 positive return on equity of 2.44% and a negative net margin of 16.92%.The firm had revenue of $308.81 million for the quarter. During the same quarter in the previous year, the business posted ($0.02) EPS. SailPoint's revenue 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 Investors Weigh In On SailPoint

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

Insider Buying and Selling

In related news, General Counsel Christopher Schmitt sold 18,890 shares of the business's stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total value of $291,283.80. Following the transaction, the general counsel owned 1,312,721 shares in the company, valued at approximately $20,242,157.82. The trade was a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through 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, CFO Brian Carolan sold 46,002 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total value of $709,350.84. Following the completion of the transaction, the chief financial officer directly owned 1,707,742 shares of the company's stock, valued at $26,333,381.64. This represents a 2.62% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold a total of 234,098 shares of company stock worth $3,615,351 over the last quarter. Company insiders own 1.70% of the company's stock.

Trending Headlines about SailPoint

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: Scotiabank raised its price target for SailPoint from $22 to $24 and upgraded its outlook to “Sector Outperform.” The new target implies roughly 18% upside from the referenced price, signaling increased confidence in the identity-security company’s growth prospects. Scotiabank raises SailPoint price target
• Neutral Sentiment: KeyCorp maintained a “Sector Weight” rating and published a broad set of long-term earnings estimates. The firm expects $0.33 EPS for fiscal 2027, $0.41 for fiscal 2028 and $0.52 for fiscal 2029, with quarterly estimates ranging from $0.08 to $0.13. The fiscal 2027 estimate matches the current consensus, suggesting no material change to near-term earnings expectations.
• Neutral Sentiment: Industry commentary on the identity-management market highlights consolidation and the need to evaluate vendors carefully. The discussion may be relevant to SailPoint’s competitive environment, but it does not identify a specific new contract, product development or financial impact for the company. 2026 identity market after consolidation

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.

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