Sailpoint (NYSE:SAIL) Updates Q2 2026 Earnings Guidance

Sailpoint (NYSE:SAIL) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.040-0.050 for the period, compared to the consensus estimate of 0.030. The company issued revenue guidance of $242.0 million-$244.0 million, compared to the consensus revenue estimate of $240.6 million. Sailpoint also updated its FY 2026 guidance to 0.160-0.200 EPS.

Sailpoint Price Performance

Shares of SAIL stock opened at $23.30 on Friday. Sailpoint has a fifty-two week low of $15.05 and a fifty-two week high of $26.35. The firm has a fifty day moving average price of $17.91.

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

Analysts Set New Price Targets

A number of analysts have recently weighed in on SAIL shares. Evercore ISI assumed coverage on shares of Sailpoint in a research report on Monday, March 10th. They set an “outperform” rating and a $29.00 price target for the company. Jefferies Financial Group cut their target price on Sailpoint from $26.00 to $24.00 and set a “buy” rating on the stock in a research note on Monday, March 31st. Piper Sandler started coverage on Sailpoint in a research note on Monday, March 10th. They issued an “overweight” rating and a $30.00 price objective on the stock. Royal Bank of Canada raised their price objective on Sailpoint from $27.00 to $29.00 and gave the stock an “outperform” rating in a research note on Thursday. Finally, Barclays raised their price objective on shares of Sailpoint from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Thursday. Five research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, Sailpoint has a consensus rating of “Moderate Buy” and a consensus target price of $26.50.

Institutional Trading of Sailpoint

A hedge fund recently bought a new stake in Sailpoint stock. Royal Bank of Canada bought a new position in shares of Sailpoint Inc (NYSE:SAIL) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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.