Cantor Fitzgerald Predicts Stronger Earnings for SailPoint

SailPoint, Inc. (NASDAQ:SAIL) – Research analysts at Cantor Fitzgerald lifted their FY2026 EPS estimates for shares of SailPoint in a report released on Wednesday, September 10th. Cantor Fitzgerald analyst J. Ruykhaver now expects that the company will post earnings of $0.21 per share for the year, up from their prior forecast of $0.20. Cantor Fitzgerald has a “Overweight” rating and a $29.00 price objective on the stock.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings results on Tuesday, September 9th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.03. The business had revenue of $264.36 million for the quarter, compared to analysts’ expectations of $243.41 million. The firm’s revenue for the quarter was up 32.9% compared to the same quarter last year. SailPoint has set its FY 2026 guidance at 0.200-0.220 EPS. Q3 2026 guidance at 0.050-0.06 EPS.

Other analysts also recently issued reports about the company. Scotiabank assumed coverage on SailPoint in a research report on Wednesday, September 3rd. They set a “sector outperform” rating and a $25.00 price target for the company. Morgan Stanley raised shares of SailPoint from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective on the stock in a research report on Tuesday, September 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $29.00 target price (up from $27.00) on shares of SailPoint in a research note on Thursday, June 12th. Wells Fargo & Company lifted their price target on shares of SailPoint from $16.00 to $20.00 and gave the stock an “equal weight” rating in a report on Thursday, June 12th. Finally, Arete Research raised shares of SailPoint to a “strong sell” rating and set a $16.00 price target on the stock in a report on Monday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $25.48.

SailPoint Stock Up 5.2%

Shares of SAIL opened at $20.84 on Thursday. The stock has a 50 day moving average of $20.61 and a 200 day moving average of $19.97. SailPoint has a 12 month low of $15.05 and a 12 month high of $26.35.

Institutional Trading of SailPoint

A number of large investors have recently bought and sold shares of SAIL. Stephens Investment Management Group LLC purchased a new stake in SailPoint in the first quarter worth $23,213,000. Allianz Asset Management GmbH purchased a new stake in SailPoint in the first quarter worth $3,496,000. GW&K Investment Management LLC purchased a new position in shares of SailPoint in the first quarter valued at $2,173,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of SailPoint in the first quarter valued at $1,683,000. Finally, Assetmark Inc. purchased a new position in shares of SailPoint in the first quarter valued at $32,000.

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.