SailPoint (NASDAQ:SAIL) Updates FY 2027 Earnings Guidance

Key Points

• SailPoint guided FY 2027 EPS to $0.30–$0.34, compared with analysts’ $0.32 consensus, while revenue guidance was approximately $1.3 billion, in line with expectations. Q3 2027 EPS guidance was set at $0.07–$0.08.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $20.55. Morgan Stanley raised its target to $22, while other firms maintained buy or outperform ratings.
• SailPoint recently reported quarterly EPS of $0.09 on revenue of $308.81 million. The stock opened at $17.79, with a market capitalization of roughly $10.1 billion and a 52-week trading range of $10.30 to $24.00.

SailPoint (NASDAQ:SAIL - Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.300-0.340 for the period, compared to the consensus estimate of 0.320. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. SailPoint also updated its Q3 2027 guidance to 0.070-0.080 EPS.

Analysts Set New Price Targets

A number of brokerages have issued reports on SAIL. BMO Capital Markets restated an "outperform" rating on shares of SailPoint in a report on Wednesday, June 10th. Morgan Stanley increased their target price on SailPoint from $18.00 to $22.00 and gave the stock an "overweight" rating in a research note on Thursday, August 20th. BTIG Research reissued a "buy" rating and issued a $18.00 price target on shares of SailPoint in a research note on Tuesday, June 9th. Weiss Ratings raised SailPoint from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Thursday, August 13th. Finally, DA Davidson assumed coverage on SailPoint in a research note on Monday, August 3rd. They issued a "neutral" rating and a $17.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, SailPoint currently has a consensus rating of "Moderate Buy" and a consensus target price of $20.55.

SailPoint Stock Performance

SAIL opened at $17.79 on Wednesday. The business's 50-day simple moving average is $17.17 and its 200 day simple moving average is $14.95. SailPoint has a 52-week low of $10.30 and a 52-week high of $24.00. The firm has a market capitalization of $10.09 billion, a PE ratio of -65.89, a PEG ratio of 1.97 and a beta of 2.17.

SailPoint (NASDAQ:SAIL - Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $308.81 million during the quarter. SailPoint had a positive return on equity of 2.31% and a negative net margin of 14.04%.SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. On average, research analysts forecast that SailPoint will post 0.32 earnings per share for the current year.

Insider Transactions at SailPoint

In other news, CAO Mitra Rezvan sold 3,881 shares of the firm's stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total transaction of $59,845.02. Following the completion of the sale, the chief accounting officer owned 182,641 shares in the company, valued at approximately $2,816,324.22. This trade represents a 2.08% decrease in their position. The transaction was disclosed in a 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 firm's stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total transaction of $709,350.84. Following the sale, the chief financial officer owned 1,707,742 shares of the company's stock, valued at $26,333,381.64. This trade represents a 2.62% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 491,559 shares of company stock valued at $7,809,391. Company insiders own 1.70% of the company's stock.

Institutional Investors Weigh In On SailPoint

Several institutional investors have recently made changes to their positions in SAIL. Cerity Partners LLC lifted its position in shares of SailPoint by 0.8% during the 4th quarter. Cerity Partners LLC now owns 115,604 shares of the company's stock valued at $2,339,000 after acquiring an additional 923 shares during the period. Federation des caisses Desjardins du Quebec boosted its stake in shares of SailPoint by 24.1% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 7,871 shares of the company's stock valued at $159,000 after purchasing an additional 1,528 shares in the last quarter. State of Wyoming bought a new stake in shares of SailPoint during the second quarter worth $45,000. one8zero8 LLC grew its position in SailPoint by 2.0% during the 4th quarter. one8zero8 LLC now owns 105,550 shares of the company's stock worth $2,135,000 after acquiring an additional 2,050 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of SailPoint during the fourth quarter worth about $42,000.

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.

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