Cantor Fitzgerald Forecasts Higher Earnings for SailPoint

Key Points

• Cantor Fitzgerald has increased its FY2026 EPS forecast for SailPoint to $0.21, up from $0.20, maintaining an "Overweight" rating with a price target of $29.00.
• SailPoint reported a 32.9% year-over-year revenue increase with quarterly earnings of $0.07 EPS, surpassing estimates of $0.04 EPS.
• Analysts' consensus rating for SailPoint is a "Moderate Buy" with a target price averaging $25.48, indicating positive market sentiment.

SailPoint, Inc. (NASDAQ:SAIL - Free Report) - Analysts at Cantor Fitzgerald raised their FY2026 earnings per share (EPS) estimates for SailPoint in a report issued on Wednesday, September 10th. Cantor Fitzgerald analyst J. Ruykhaver now expects that the company will post earnings of $0.21 per share for the year, up from their previous estimate of $0.20. Cantor Fitzgerald has a "Overweight" rating and a $29.00 price target on the stock.

SailPoint (NASDAQ:SAIL - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. The business had revenue of $264.36 million for the quarter, compared to analyst estimates of $243.41 million. SailPoint's revenue for the quarter was up 32.9% compared to the same quarter last year. SailPoint has set its FY 2026 guidance at 0.200-0.220 EPS. Q3 2026 guidance at 0.050-0.06 EPS.

SAIL has been the subject of several other reports. BMO Capital Markets reduced their price target on SailPoint from $27.00 to $25.00 and set an "outperform" rating for the company in a report on Tuesday, September 9th. Royal Bank Of Canada reissued an "outperform" rating and set a $29.00 price objective (up previously from $27.00) on shares of SailPoint in a report on Thursday, June 12th. BTIG Research reissued a "buy" rating and set a $29.00 price objective on shares of SailPoint in a report on Tuesday, September 9th. Morgan Stanley raised SailPoint from an "equal weight" rating to an "overweight" rating and set a $25.00 price objective on the stock in a report on Tuesday, September 2nd. Finally, Arete Research raised SailPoint to a "strong sell" rating and set a $16.00 price objective on the stock in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, SailPoint has an average rating of "Moderate Buy" and a consensus target price of $25.48.

SailPoint Stock Up 0.2%

Shares of SailPoint stock traded up $0.05 during trading on Thursday, hitting $21.74. 820,078 shares of the stock traded hands, compared to its average volume of 2,201,284. SailPoint has a twelve month low of $15.05 and a twelve month high of $26.35. The company has a fifty day moving average price of $20.59 and a two-hundred day moving average price of $19.92.

Hedge Funds Weigh In On SailPoint

Several institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. raised its position in SailPoint by 60.7% in the 2nd quarter. Osaic Holdings Inc. now owns 12,661 shares of the company's stock valued at $289,000 after purchasing an additional 4,780 shares during the last quarter. Orion Porfolio Solutions LLC bought a new position in SailPoint in the 2nd quarter valued at $1,183,000. State of Wyoming bought a new position in SailPoint in the 2nd quarter valued at $45,000. Liontrust Investment Partners LLP bought a new position in SailPoint in the 2nd quarter valued at $4,833,000. Finally, Captrust Financial Advisors raised its position in SailPoint by 35.9% in the 2nd quarter. Captrust Financial Advisors now owns 21,338 shares of the company's stock valued at $488,000 after purchasing an additional 5,637 shares during the last quarter.

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.