SailPoint (NASDAQ:SAIL) Receives Buy Rating from BTIG Research

BTIG Research reissued their buy rating on shares of SailPoint (NASDAQ:SAIL) in a report issued on Thursday morning, Marketbeat reports. BTIG Research currently has a $29.00 price target on the stock.

Other equities analysts have also issued research reports about the stock. Robert W. Baird initiated coverage on shares of SailPoint in a research report on Monday, October 27th. They issued an “outperform” rating and a $26.00 price objective for the company. Barclays lowered their target price on shares of SailPoint from $25.00 to $23.00 and set an “overweight” rating for the company in a research note on Thursday, December 4th. Berenberg Bank started coverage on SailPoint in a report on Tuesday, November 18th. They issued a “buy” rating and a $31.70 price target for the company. Baird R W raised SailPoint to a “strong-buy” rating in a research note on Monday, October 27th. Finally, BMO Capital Markets restated an “outperform” rating on shares of SailPoint in a report on Thursday, December 11th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.01.

SailPoint Price Performance

SAIL opened at $19.54 on Thursday. SailPoint has a 1-year low of $15.05 and a 1-year high of $26.35. The stock has a market cap of $10.97 billion and a P/E ratio of -4.08. The stock’s 50 day simple moving average is $19.95 and its 200 day simple moving average is $20.93.

SailPoint (NASDAQ:SAIL) last issued its quarterly earnings data on Tuesday, December 9th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.02. The firm had revenue of $281.94 million during the quarter, compared to analysts’ expectations of $270.35 million. SailPoint had a positive return on equity of 0.16% and a negative net margin of 30.87%.The firm’s quarterly revenue was up 19.8% on a year-over-year basis. SailPoint has set its FY 2026 guidance at 0.220-0.230 EPS and its Q4 2026 guidance at 0.080-0.09 EPS.

Insider Activity at SailPoint

In other SailPoint news, CFO Brian Carolan sold 30,638 shares of SailPoint stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $19.57, for a total value of $599,585.66. Following the transaction, the chief financial officer owned 1,277,795 shares in the company, valued at $25,006,448.15. This trade represents a 2.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Christopher Schmitt sold 11,908 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $19.23, for a total transaction of $228,990.84. Following the sale, the general counsel directly owned 1,057,956 shares of the company’s stock, valued at $20,344,493.88. This represents a 1.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 354,243 shares of company stock worth $6,924,823. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On SailPoint

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of SailPoint in the 2nd quarter worth about $112,297,000. Voya Investment Management LLC acquired a new stake in SailPoint during the 1st quarter worth approximately $53,616,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in SailPoint in the second quarter valued at approximately $64,453,000. UBS Group AG raised its holdings in SailPoint by 116.3% in the third quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock valued at $91,147,000 after buying an additional 2,219,593 shares during the period. Finally, Allspring Global Investments Holdings LLC acquired a new position in SailPoint during the third quarter valued at approximately $26,365,000.

Key Headlines Impacting SailPoint

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: BTIG Research reaffirmed a “buy” rating and set a $29 price target on SAIL — a sizable implied upside from current levels, which supports the view that analysts still see meaningful longer‑term upside for SailPoint. BTIG analyst note
• Neutral Sentiment: MarketBeat (and other commentary) frames the recent pullback as largely market/tech‑sector driven, not due to any new SailPoint fundamental miss — calling the drop a potential buying window given accelerating ARR, recent revenue beats and constructive guidance. MarketBeat piece
• Negative Sentiment: Large, repeated insider sales from the CEO, CFO, President and other senior officers over Jan. 6–8 — totaling roughly 350k+ shares sold across filings — likely put near‑term selling pressure on the stock. CEO Mark McClain and CFO Brian Carolan filed multiple Form 4s showing significant disposals; these SEC filings amplify the negative signal to the market. Representative filings: CEO CEO Form 4 and CFO CFO Form 4

SailPoint Company Profile

SailPoint Technologies Holdings, Inc (NASDAQ: SAIL) is a leading provider of enterprise identity governance solutions that enable organizations to manage and secure user access across on-premises, cloud and hybrid IT environments. Its software automates identity lifecycle management, access certifications, policy enforcement and privileged account governance, helping enterprises reduce security risks, maintain regulatory compliance and streamline IT operations. The company’s flagship offerings include IdentityIQ, a comprehensive on-premises platform, and IdentityNow, a cloud-native identity governance-as-a-service solution.

Founded in 2005 by industry veterans Mark McClain and Kevin Cunningham, SailPoint is headquartered in Austin, Texas.