SailPoint Technologies - SAIL Stock Forecast, Price & News

14 Wall Street equities research 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 equities research 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 Wall Street research analysts have issued 12-month price objectives for SailPoint Technologies' stock. Their SAIL stock forecasts range from $40.00 to $73.00. On average, they predict the company's share price to reach $61.25 in the next twelve months. This suggests that the stock has a possible downside of 4.8%.
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SailPoint Technologies' stock was trading at $48.34 at the beginning of 2022. Since then, SAIL stock has increased by 33.1% and is now trading at $64.35.
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SailPoint Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
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SailPoint Technologies Holdings, Inc. (NYSE:SAIL) issued its earnings results on Tuesday, November, 9th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). The company had revenue of $110.11 million for the quarter, compared to analysts' expectations of $103.45 million. SailPoint Technologies had a negative trailing twelve-month return on equity of 13.41% and a negative net margin of 17.13%. During the same quarter in the prior year, the firm earned $0.02 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 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 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."

SailPoint Technologies' stock is owned by many different retail and institutional investors. Top institutional investors include Segantii Capital Management Ltd (1.93%), Mirae Asset Global Investments Co. Ltd. (0.96%), TimesSquare Capital Management LLC (0.82%), Candriam S.C.A. (0.40%), Samson Rock Capital LLP (0.20%) and Ziegler Capital Management LLC (0.20%). Insiders that own company stock include Christopher Schmitt, Eric Domagalski, Grady Summers, Heidi M Melin, James Cameron Mcmartin, James Michael Pflaging, Jason Ream, Juliette Rizkallah, Mark D Mcclain, Matt Mills, Michael J Sullivan, Tracey Newell and William G Bock.
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Shares of SAIL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SAIL stock can currently be purchased for approximately $64.35.

SailPoint Technologies (NYSE:SAIL) has a market capitalization of $6.07 billion and generates $438.95 million in revenue each year. The company earns $-61,630,000.00 in net income (profit) each year or ($0.84) on an earnings per share basis.

SailPoint Technologies 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.