SailPoint (NASDAQ:SAIL) Issues Q3 2027 Earnings Guidance

SailPoint (NASDAQ:SAIL) updated its third quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.070-0.080 for the period, compared to the consensus estimate of 0.080. The company issued revenue guidance of $326.0 million-$330.0 million, compared to the consensus revenue estimate of $328.4 million. SailPoint also updated its FY 2027 guidance to 0.300-0.340 EPS.

SailPoint Stock Down 1.2%

SAIL stock opened at $17.58 on Thursday. SailPoint has a twelve month low of $10.30 and a twelve month high of $24.00. The stock’s 50 day moving average is $17.21 and its 200-day moving average is $14.96. The firm has a market capitalization of $9.97 billion, a PE ratio of -65.11, a P/E/G ratio of 1.86 and a beta of 2.17.

SailPoint (NASDAQ:SAIL) last announced its quarterly earnings results on Wednesday, September 9th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.01. SailPoint had a positive return on equity of 2.31% and a negative net margin of 14.04%.The business had revenue of $308.81 million during the quarter. During the same quarter last year, the company posted ($0.02) EPS. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. On average, equities research analysts anticipate that SailPoint will post 0.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SAIL shares. Bank of America reaffirmed a “neutral” rating and set a $16.00 price objective on shares of SailPoint in a report on Friday, June 12th. BMO Capital Markets reiterated an “outperform” rating on shares of SailPoint in a report on Wednesday, June 10th. Mizuho set a $19.00 price target on shares of SailPoint in a research report on Wednesday. Royal Bank Of Canada boosted their price target on shares of SailPoint from $19.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Finally, Truist Financial increased their price objective on shares of SailPoint from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, August 19th. Nineteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, SailPoint presently has an average rating of “Moderate Buy” and a consensus price target of $20.81.

Insider Transactions at SailPoint

In other news, insider Abby Payne sold 21,542 shares of SailPoint stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $16.29, for a total transaction of $350,919.18. Following the sale, the insider directly owned 908,964 shares in the company, valued at $14,807,023.56. The trade was a 2.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Brian Carolan sold 46,002 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total transaction of $709,350.84. Following the completion of the transaction, the chief financial officer directly owned 1,707,742 shares in the company, valued at $26,333,381.64. This trade represents a 2.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 491,559 shares of company stock worth $7,809,391. Company insiders own 1.70% of the company’s stock.

SailPoint News Roundup

Here are the key news stories impacting SailPoint this week:

• Positive Sentiment: SailPoint reported fiscal Q2 adjusted earnings of $0.09 per share, exceeding the $0.08 consensus estimate, while revenue reached $308.8 million, up 17% year over year. Annual recurring revenue increased 25%, supporting the company’s recurring-revenue model. SailPoint Announces Fiscal Second Quarter 2027 Results
• Positive Sentiment: Management outlined long-term FY2029 objectives that include at least $2.1 billion in ARR, highlighting expected demand for identity security and the potential impact of agentic artificial intelligence initiatives. SailPoint FY2029 Targets
• Positive Sentiment: BTIG reaffirmed its Buy rating and set a $21 price target, implying meaningful upside from the recent share price.
• Neutral Sentiment: Unusually heavy call-option activity indicated increased bullish speculation, with 2,650 calls purchased—about 111% above average daily volume—but options activity does not necessarily reflect fundamental improvement.
• Negative Sentiment: Quarterly revenue growth slowed to 17% and reportedly missed expectations. Investors also reacted to a wider net loss, stagnant or declining pro forma operating margins, and the company’s loss of Rule of 40 status. SailPoint Mixed Q2 Results
• Negative Sentiment: Q3 adjusted EPS guidance of $0.07–$0.08 came in around or below the $0.08 consensus estimate, while full-year EPS guidance of $0.30–$0.34 was broadly in line. The outlook therefore offered limited near-term upside.
• Negative Sentiment: A Seeking Alpha downgrade to Sell cited decelerating growth, margin stagnation, competitive pressure from companies such as Palo Alto Networks, and stock-based compensation equal to roughly 22% of revenue. SailPoint Downgrade

Institutional Trading of SailPoint

Hedge funds have recently added to or reduced their stakes in the stock. Vident Advisory LLC boosted its stake in SailPoint by 6.4% in the fourth quarter. Vident Advisory LLC now owns 55,823 shares of the company’s stock valued at $1,129,000 after acquiring an additional 3,370 shares during the last quarter. one8zero8 LLC increased its stake in shares of SailPoint by 2.0% during the 4th quarter. one8zero8 LLC now owns 105,550 shares of the company’s stock worth $2,135,000 after purchasing an additional 2,050 shares during the last quarter. Occudo Quantitative Strategies LP purchased a new stake in shares of SailPoint during the 4th quarter worth approximately $606,000. Balyasny Asset Management L.P. raised its holdings in shares of SailPoint by 126.8% in the 4th quarter. Balyasny Asset Management L.P. now owns 535,475 shares of the company’s stock worth $10,833,000 after purchasing an additional 299,356 shares during the period. Finally, Freestone Grove Partners LP raised its holdings in shares of SailPoint by 69.8% in the 4th quarter. Freestone Grove Partners LP now owns 500,000 shares of the company’s stock worth $10,115,000 after purchasing an additional 205,606 shares during the period.

About SailPoint

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.