SailPoint Technologies - SAIL Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SailPoint Technologies in the last twelve months. There are currently 11 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SAIL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAIL, but not buy additional shares or sell existing shares.
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14 analysts have issued 1 year price objectives for SailPoint Technologies' shares. Their SAIL share price forecasts range from $40.00 to $73.00. On average, they expect the company's share price to reach $61.25 in the next year. This suggests that the stock has a possible downside of 6.1%.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
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SailPoint Technologies Holdings, Inc. (NYSE:SAIL) announced its quarterly earnings data on Tuesday, August, 9th. The company reported ($0.22) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.22). The firm had revenue of $134.28 million for the quarter, compared to analysts' expectations of $123.19 million. SailPoint Technologies had a negative net margin of 18.58% and a negative trailing twelve-month return on equity of 15.79%. SailPoint Technologies's quarterly revenue was up 31.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.13) EPS.

160 employees have rated SailPoint Technologies Chief Executive Officer Mark McClain on Glassdoor.com. Mark McClain has an approval rating of 94% among the company's employees. This puts Mark McClain in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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

(SAIL) raised $200 million in an initial public offering (IPO) on Friday, November 17th 2017. The company issued 20,000,000 shares at a price of $9.00-$11.00 per share. Morgan Stanley, Citigroup, Jefferies and RBC Capital Markets acted 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."

One share of SAIL stock can currently be purchased for approximately $65.24.

SailPoint Technologies (NYSE:SAIL) has a market capitalization of $6.19 billion and generates $438.95 million in revenue each year. The company earns $-61,630,000.00 in net income (profit) each year or ($0.97) on an earnings per share basis.

The company employs 1,676 workers across the globe.

SailPoint Technologies' mailing address is 11305 FOUR POINTS DRIVE BLDG. 2 SUITE 100, AUSTIN TX, 78726. The official website for the company is www.sailpoint.com. The company can be reached via phone at (512) 346-2000 or via email at investor@sailpoint.com.