Sailpoint (SAIL) Projected to Post Quarterly Earnings on Wednesday

Sailpoint (NYSE:SAIL - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, June 11th. Analysts expect Sailpoint to post earnings of ($0.01) per share and revenue of $225.18 million for the quarter. Sailpoint has set its FY 2026 guidance at 0.140-0.180 EPS and its Q1 2026 guidance at -0.020-0.000 EPS.

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

Sailpoint Trading Down 0.2%

Shares of SAIL stock opened at $18.02 on Friday. Sailpoint has a 52-week low of $15.05 and a 52-week high of $26.35. The firm has a 50 day simple moving average of $17.64.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Jefferies Financial Group reduced their price objective on shares of Sailpoint from $26.00 to $24.00 and set a "buy" rating on the stock in a research note on Monday, March 31st. JPMorgan Chase & Co. assumed coverage on shares of Sailpoint in a report on Monday, March 10th. They set a "neutral" rating and a $25.00 price objective on the stock. Evercore ISI assumed coverage on shares of Sailpoint in a report on Monday, March 10th. They set an "outperform" rating and a $29.00 price objective on the stock. Truist Financial assumed coverage on shares of Sailpoint in a report on Monday, March 10th. They set a "buy" rating and a $29.00 price objective on the stock. Finally, Morgan Stanley dropped their price objective on shares of Sailpoint from $26.00 to $25.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Sailpoint currently has a consensus rating of "Moderate Buy" and an average price target of $25.70.

Hedge Funds Weigh In On Sailpoint

An institutional investor recently bought a new position in Sailpoint stock. Royal Bank of Canada acquired a new position in shares of Sailpoint Inc (NYSE:SAIL - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 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.

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