SailPoint, Inc. (NASDAQ:SAIL) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• SailPoint, Inc. has received a consensus rating of "Moderate Buy" from twenty research firms, with the average 12-month price target set at $25.4750.
• The company reported $0.07 EPS for the most recent quarter, surpassing estimates, and its revenue increased by 32.9% year-over-year, amounting to $264.36 million.
• Recent analyst upgrades include a "strong-buy" rating from Stephens and an "overweight" rating from JPMorgan Chase, with varied price targets influencing investor sentiment.

SailPoint, Inc. (NASDAQ:SAIL - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the twenty research firms that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation, fourteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $25.4750.

SAIL has been the subject of several recent analyst reports. Stephens upgraded shares of SailPoint to a "strong-buy" rating in a research report on Tuesday, August 12th. BMO Capital Markets dropped their price target on shares of SailPoint from $27.00 to $25.00 and set an "outperform" rating on the stock in a research report on Tuesday, September 9th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of SailPoint in a research report on Wednesday, June 11th. JPMorgan Chase & Co. raised shares of SailPoint from a "neutral" rating to an "overweight" rating and set a $26.00 price objective on the stock in a research report on Wednesday, August 13th. Finally, Barclays lifted their price objective on shares of SailPoint from $23.00 to $25.00 and gave the stock an "overweight" rating in a research report on Thursday, June 12th.

Institutional Trading of SailPoint

Hedge funds have recently added to or reduced their stakes in the stock. Assetmark Inc. purchased a new position in shares of SailPoint in the first quarter worth about $32,000. Loomis Sayles & Co. L P purchased a new position in shares of SailPoint in the second quarter worth about $42,000. State of Wyoming purchased a new position in SailPoint during the second quarter valued at approximately $45,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in SailPoint during the first quarter valued at approximately $49,000. Finally, Amalgamated Bank purchased a new position in SailPoint during the second quarter valued at approximately $71,000.

SailPoint Stock Performance

Shares of SAIL stock opened at $21.92 on Friday. SailPoint has a 1 year low of $15.05 and a 1 year high of $26.35. The firm's fifty day moving average price is $20.82 and its two-hundred day moving average price is $19.87.

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

About SailPoint

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.

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