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 EPS guidance of 0.050-0.06 for the period, compared to the consensus EPS 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 research firms have recently weighed in on SAIL. JPMorgan Chase & Co. upgraded shares of SailPoint from a "neutral" rating to an "overweight" rating and set a $26.00 price objective on the stock in a research note on Wednesday, August 13th. The Goldman Sachs Group restated a "neutral" rating on shares of SailPoint in a research report on Wednesday, June 11th. Wells Fargo & Company raised their price target on shares of SailPoint from $16.00 to $20.00 and gave the company an "equal weight" rating in a research report on Thursday, June 12th. Barclays raised their price target on shares of SailPoint from $23.00 to $25.00 and gave the company an "overweight" rating in a research report on Thursday, June 12th. Finally, Arete Research upgraded shares of SailPoint to a "strong sell" rating and set a $16.00 price target on the stock in a research report on Monday, July 7th. One equities research 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 given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $25.48.

SailPoint Stock Up 1.9%

SAIL opened at $22.39 on Tuesday. SailPoint has a 52-week low of $15.05 and a 52-week high of $26.35. The firm's fifty day simple moving average is $20.70 and its two-hundred day simple moving average is $20.02.

SailPoint (NASDAQ:SAIL - Get Free Report) last posted 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. 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 hedge funds and other institutional investors have recently added to or reduced their stakes in SAIL. State of Wyoming purchased a new position in shares of SailPoint in the second quarter worth about $45,000. BNP Paribas Financial Markets purchased a new position in shares of SailPoint in the second quarter worth about $79,000. California State Teachers Retirement System purchased a new position in shares of SailPoint in the second quarter worth about $87,000. Osaic Holdings Inc. lifted its stake in shares of SailPoint by 60.7% in the second quarter. Osaic Holdings Inc. now owns 12,661 shares of the company's stock worth $289,000 after buying an additional 4,780 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of SailPoint by 35.9% in the second quarter. Captrust Financial Advisors now owns 21,338 shares of the company's stock worth $488,000 after buying an additional 5,637 shares in the last quarter.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.