Sailpoint (NYSE:SAIL) Issues Q2 2026 Earnings Guidance

Sailpoint (NYSE:SAIL - Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.040-0.050 for the period, compared to the consensus EPS estimate of 0.030. The company issued revenue guidance of $242.0 million-$244.0 million, compared to the consensus revenue estimate of $240.6 million. Sailpoint also updated its FY 2026 guidance to 0.160-0.200 EPS.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. BMO Capital Markets lifted their price objective on Sailpoint from $26.00 to $27.00 and gave the stock an "outperform" rating in a research report on Thursday. BTIG Research began coverage on Sailpoint in a research note on Monday, March 10th. They set a "buy" rating and a $27.00 target price for the company. Morgan Stanley cut their target price on Sailpoint from $26.00 to $25.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Royal Bank of Canada raised their target price on Sailpoint from $27.00 to $29.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, Mizuho raised their target price on Sailpoint from $24.00 to $26.00 and gave the stock a "neutral" rating in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Sailpoint presently has an average rating of "Moderate Buy" and an average price target of $26.50.

Sailpoint Trading Down 3.0%

Shares of NYSE SAIL traded down $0.69 during trading on Friday, reaching $22.61. The stock had a trading volume of 1,871,241 shares, compared to its average volume of 1,998,863. Sailpoint has a fifty-two week low of $15.05 and a fifty-two week high of $26.35. The stock has a 50-day moving average price of $18.03.

Sailpoint (NYSE:SAIL - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported ($4.29) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($4.28). The firm had revenue of $240.10 million during the quarter, compared to analyst estimates of $229.69 million.

Institutional Investors Weigh In On Sailpoint

An institutional investor recently bought a new position in Sailpoint stock. Royal Bank of Canada bought a new position in shares of Sailpoint Inc (NYSE:SAIL - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 61,126 shares of the company's stock, valued at approximately $1,146,000.

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.