SailPoint (NASDAQ:SAIL) Issues FY 2026 Earnings Guidance

Key Points

• SailPoint updated its FY 2026 earnings guidance, projecting an EPS of 0.200-0.220, exceeding the consensus estimate of 0.190, along with revenue guidance of $1.1 billion, surpassing expectations of $1.0 billion.
• The company provided Q3 2026 EPS guidance of 0.050-0.060 as part of their earnings update.
• Currently, SailPoint holds an average rating of "Moderate Buy" from analysts, with a target price averaging $25.48, indicating varying levels of confidence amidst differing ratings from various research firms.

SailPoint (NASDAQ:SAIL - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.200-0.220 for the period, compared to the consensus EPS estimate of 0.190. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.0 billion. SailPoint also updated its Q3 2026 guidance to 0.050-0.06 EPS.

Wall Street Analysts Forecast Growth

Several research firms have commented on SAIL. Wells Fargo & Company raised their price objective on SailPoint from $16.00 to $20.00 and gave the stock an "equal weight" rating in a report on Thursday, June 12th. Arete began coverage on SailPoint in a report on Monday, July 7th. They set a "sell" rating and a $16.00 price objective on the stock. Cantor Fitzgerald began coverage on SailPoint in a report on Monday, June 30th. They set an "overweight" rating and a $29.00 price objective on the stock. BMO Capital Markets reduced their price objective on SailPoint from $27.00 to $25.00 and set an "outperform" rating on the stock in a report on Tuesday. Finally, Stephens upgraded SailPoint to a "strong-buy" rating in a report on Tuesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $25.48.

SailPoint Trading Up 3.7%

Shares of NASDAQ:SAIL traded up $0.77 on Friday, reaching $21.61. The company had a trading volume of 3,132,030 shares, compared to its average volume of 2,622,697. SailPoint has a 52-week low of $15.05 and a 52-week high of $26.35. The firm's 50 day simple moving average is $20.60 and its 200-day simple moving average is $19.95.

SailPoint (NASDAQ:SAIL - Get Free Report) last announced its quarterly earnings results on Tuesday, September 9th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.03. The company had revenue of $264.36 million during the quarter, compared to analysts' expectations of $243.41 million. The company's revenue 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.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in SAIL. Royal Bank of Canada purchased a new position in SailPoint during the 1st quarter worth $1,146,000. Rhumbline Advisers purchased a new position in SailPoint during the 2nd quarter worth $1,047,000. Vident Advisory LLC grew its stake in SailPoint by 31.2% during the 2nd quarter. Vident Advisory LLC now owns 43,588 shares of the company's stock worth $996,000 after buying an additional 10,356 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in SailPoint during the 2nd quarter worth $692,000. Finally, Man Group plc grew its stake in SailPoint by 161.9% during the 2nd quarter. Man Group plc now owns 28,887 shares of the company's stock worth $660,000 after buying an additional 17,858 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.