Sailpoint (NYSE:SAIL) Updates FY 2026 Earnings Guidance

Sailpoint (NYSE:SAIL) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.160-0.200 for the period, compared to the consensus EPS estimate of 0.170. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. Sailpoint also updated its Q2 2026 guidance to 0.040-0.050 EPS.

Sailpoint Price Performance

Shares of Sailpoint stock opened at $22.53 on Thursday. The business’s fifty day simple moving average is $17.77. Sailpoint has a 1 year low of $15.05 and a 1 year high of $26.35.

Sailpoint (NYSE:SAIL) last announced its quarterly earnings results on Wednesday, March 26th. The company reported ($4.29) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($4.28). The business had revenue of $240.10 million during the quarter, compared to the consensus estimate of $229.69 million.

Analyst Ratings Changes

Several analysts recently commented on the company. Bank of America assumed coverage on Sailpoint in a report on Monday, March 10th. They set a “buy” rating and a $27.50 target price on the stock. Truist Financial initiated coverage on shares of Sailpoint in a research note on Monday, March 10th. They set a “buy” rating and a $29.00 price objective on the stock. The Goldman Sachs Group initiated coverage on shares of Sailpoint in a research note on Monday, March 10th. They set a “neutral” rating and a $23.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on shares of Sailpoint in a research note on Monday, March 10th. They set a “neutral” rating and a $25.00 price objective on the stock. Finally, Barclays set a $23.00 price objective on shares of Sailpoint and gave the stock an “overweight” rating in a research note on Tuesday, June 3rd. Five equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $25.83.

Institutional Trading of Sailpoint

A hedge fund recently bought a new stake in Sailpoint stock. Royal Bank of Canada acquired a new stake in Sailpoint Inc (NYSE:SAIL) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 61,126 shares of the company’s stock, valued at approximately $1,146,000.

About Sailpoint

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.