Cantor Fitzgerald Predicts Higher Earnings for SailPoint

SailPoint, Inc. (NASDAQ:SAIL) – Analysts at Cantor Fitzgerald increased their FY2026 EPS estimates for SailPoint in a research note issued to investors on Wednesday, September 10th. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the company will post earnings of $0.21 per share for the year, up from their prior forecast of $0.20. Cantor Fitzgerald currently has a “Overweight” rating and a $29.00 target price on the stock.

SAIL has been the subject of several other research reports. JPMorgan Chase & Co. raised shares of SailPoint from a “neutral” rating to an “overweight” rating and set a $26.00 price objective for the company in a research note on Wednesday, August 13th. Stephens raised shares of SailPoint to a “strong-buy” rating in a research note on Tuesday, August 12th. Morgan Stanley raised shares of SailPoint from an “equal weight” rating to an “overweight” rating and set a $25.00 price objective for the company in a research note on Tuesday, September 2nd. Wells Fargo & Company upped their price objective on shares of SailPoint from $16.00 to $20.00 and gave the company an “equal weight” rating in a research note on Thursday, June 12th. Finally, Arete assumed coverage on shares of SailPoint in a research note on Monday, July 7th. They set a “sell” rating and a $16.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.48.

SailPoint Price Performance

SAIL stock opened at $21.61 on Thursday. The firm has a 50-day simple moving average of $20.60 and a 200-day simple moving average of $19.98. SailPoint has a 52 week low of $15.05 and a 52 week high of $26.35.

SailPoint (NASDAQ:SAIL) last released its earnings results on Tuesday, September 9th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The company had revenue of $264.36 million for the quarter, compared to analysts’ expectations of $243.41 million. SailPoint’s quarterly revenue 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.

Hedge Funds Weigh In On SailPoint

Institutional investors and hedge funds have recently bought and sold shares of the company. Assetmark Inc. acquired a new position in SailPoint in the 1st quarter valued at about $32,000. Loomis Sayles & Co. L P acquired a new position in SailPoint in the 2nd quarter valued at about $42,000. State of Wyoming acquired a new position in SailPoint in the 2nd quarter valued at about $45,000. Kayne Anderson Rudnick Investment Management LLC acquired a new position in SailPoint in the 1st quarter valued at about $49,000. Finally, Amalgamated Bank acquired a new position in shares of SailPoint in the 2nd quarter worth approximately $71,000.

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.