SailPoint (NASDAQ:SAIL) Issues Q3 2026 Earnings Guidance

Key Points

• SailPoint has updated its Q3 2026 earnings guidance, projecting an EPS of 0.050-0.06, below the consensus estimate of 0.070, and expects revenues of $269.0-$271.0 million against a consensus of $276.5 million.
• Wall Street analysts are mixed on SailPoint, with ratings ranging from "Strong Buy" to "Strong Sell," and a consensus price target of $25.48.
• The company’s stock has recently risen 1.9%, opening at $22.39, while maintaining a 52-week low of $15.05 and a high of $26.35.

SailPoint (NASDAQ:SAIL - Get Free Report) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.050-0.06 for the period, compared to the consensus earnings per share estimate of 0.070. The company issued revenue guidance of $269.0 million-$271.0 million, compared to the consensus revenue estimate of $276.5 million. SailPoint also updated its FY 2026 guidance to 0.200-0.220 EPS.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. BMO Capital Markets lowered their price target on SailPoint from $27.00 to $25.00 and set an "outperform" rating for the company in a research report on Tuesday. Stephens raised SailPoint to a "strong-buy" rating in a research report on Tuesday, August 12th. Wells Fargo & Company lifted their price target on SailPoint from $16.00 to $20.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 12th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $29.00 price target (up previously from $27.00) on shares of SailPoint in a research report on Thursday, June 12th. Finally, BTIG Research reissued a "buy" rating and issued a $29.00 price objective on shares of SailPoint in a report on Tuesday, September 9th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $25.48.

SailPoint Stock Performance

Shares of SAIL stock traded up $0.77 on Friday, hitting $21.61. The company had a trading volume of 3,132,030 shares, compared to its average volume of 2,622,697. The company has a 50-day moving average price of $20.60 and a 200-day moving average price of $19.95. SailPoint has a twelve month low of $15.05 and a twelve month high of $26.35.

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

Hedge Funds Weigh In On SailPoint

Several institutional investors and hedge funds have recently modified their holdings of SAIL. Royal Bank of Canada purchased a new position in shares of SailPoint in the 1st quarter valued at about $1,146,000. Goldman Sachs Group Inc. purchased a new position in shares of SailPoint in the 1st quarter valued at about $7,546,000. JPMorgan Chase & Co. purchased a new position in shares of SailPoint in the 2nd quarter valued at about $692,000. Rhumbline Advisers purchased a new position in shares of SailPoint in the 2nd quarter valued at about $1,047,000. Finally, New York State Common Retirement Fund purchased a new position in shares of SailPoint in the 2nd quarter valued at about $572,000.

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.