SailPoint Technologies Stock Forecast, Price & News

SailPoint Technologies' stock was trading at $19.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SAIL stock has increased by 134.8% and is now trading at $45.12.
View which stocks have been most impacted by COVID-19.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SailPoint Technologies in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for SailPoint Technologies or view MarketBeat's top 5 stock picks.

Wall Street analysts have given SailPoint Technologies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SailPoint Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

SailPoint Technologies is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for SailPoint Technologies.

SailPoint Technologies Holdings, Inc. (NYSE:SAIL) posted its quarterly earnings results on Thursday, November, 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.16. The business had revenue of $94.01 million for the quarter, compared to analyst estimates of $83.51 million. SailPoint Technologies had a net margin of 1.12% and a return on equity of 5.02%. The company's revenue was up 23.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.07 EPS.
View SailPoint Technologies' earnings history.

SailPoint Technologies updated its fourth quarter earnings guidance on Thursday, November, 5th. The company provided earnings per share (EPS) guidance of $0.27-0.29 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.04). The company issued revenue guidance of $93-95 million, compared to the consensus revenue estimate of $92.46 million.

14 brokerages have issued 1 year price targets for SailPoint Technologies' shares. Their forecasts range from $19.50 to $60.00. On average, they expect SailPoint Technologies' stock price to reach $41.18 in the next year. This suggests that the stock has a possible downside of 8.7%.
View analysts' price targets for SailPoint Technologies.

SailPoint Technologies saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 10,190,000 shares, an increase of 17.8% from the September 30th total of 8,650,000 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is currently 6.0 days. Currently, 11.7% of the shares of the company are sold short.
View SailPoint Technologies' Short Interest.

Some companies that are related to SailPoint Technologies include MongoDB (MDB), NICE (NICE), Citrix Systems (CTXS), Black Knight (BKI), Ceridian HCM (CDAY), Avalara (AVLR), PTC (PTC), Appian (APPN), Nuance Communications (NUAN), Ubisoft Entertainment (UBSFY), Symantec (SYMC), Paylocity (PCTY), Dynatrace (DT), NortonLifeLock (NLOK) and Elastic (ESTC).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SailPoint Technologies investors own include NVIDIA (NVDA), The Trade Desk (TTD), Advanced Micro Devices (AMD), PayPal (PYPL), Mastercard (MA), QUALCOMM (QCOM), The Walt Disney (DIS), Square (SQ), Adobe (ADBE) and AT&T (T).

(SAIL) raised $200 million in an initial public offering on Friday, November 17th 2017. The company issued 20,000,000 shares at $9.00-$11.00 per share. Morgan Stanley, Citigroup, Jefferies and RBC Capital Markets served as the underwriters for the IPO and KeyBanc Capital Markets, Canaccord Genuity and Oppenheimer were co-managers.

SailPoint Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "SAIL."

SailPoint Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.30%), HMI Capital LLC (5.29%), Jackson Square Partners LLC (4.45%), Champlain Investment Partners LLC (4.05%), State Street Corp (2.02%) and First Trust Advisors LP (1.50%). Company insiders that own SailPoint Technologies stock include Christopher Schmitt, Heidi M Melin, Howard R Greenfield, James Cameron Mcmartin, James Michael Pflaging, Juliette Rizkallah, Mark D Mcclain, Thomas Arthur Beck and William G Bock.
View institutional ownership trends for SailPoint Technologies.

SAIL stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Conifer Management L.L.C., Thrivent Financial for Lutherans, Keenan Capital LLC, Neuberger Berman Group LLC, Teacher Retirement System of Texas, Jackson Square Partners LLC, and Sarasin & Partners LLP. Company insiders that have sold SailPoint Technologies company stock in the last year include Christopher Schmitt, Heidi M Melin, James Cameron Mcmartin, Juliette Rizkallah, Mark D Mcclain, and William G Bock.
View insider buying and selling activity for SailPoint Technologies.

SAIL stock was purchased by a variety of institutional investors in the last quarter, including HMI Capital LLC, Federated Hermes Inc., Fuller & Thaler Asset Management Inc., Castleark Management LLC, Arrowstreet Capital Limited Partnership, First Trust Advisors LP, Emerald Mutual Fund Advisers Trust, and Assenagon Asset Management S.A..
View insider buying and selling activity for SailPoint Technologies.

Shares of SAIL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SAIL stock can currently be purchased for approximately $45.12.

SailPoint Technologies has a market capitalization of $4.10 billion and generates $288.52 million in revenue each year. The company earns $-8,500,000.00 in net income (profit) each year or $0.04 on an earnings per share basis. SailPoint Technologies employs 1,168 workers across the globe.

The official website for SailPoint Technologies is www.sailpoint.com.

SailPoint Technologies' mailing address is 11305 FOUR POINTS DRIVE BLDG. 2 SUITE 100, AUSTIN TX, 78726. The company can be reached via phone at 512-346-2000 or via email at [email protected]