Cantor Fitzgerald Comments on SailPoint FY2026 Earnings

SailPoint, Inc. (NASDAQ:SAIL) – Research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for SailPoint in a report issued on Monday, June 30th. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the company will post earnings per share of $0.20 for the year. 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 Wednesday, June 11th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.02. The company had revenue of $230.47 million for the quarter, compared to the consensus estimate of $225.18 million. The business’s revenue was up 22.8% compared to the same quarter last year.

Several other brokerages also recently weighed in on SAIL. Evercore ISI assumed coverage on SailPoint in a report on Monday, March 10th. They set an “outperform” rating and a $29.00 price target for the company. Truist Financial assumed coverage on SailPoint in a report on Monday, March 10th. They set a “buy” rating and a $29.00 price target for the company. TD Cowen assumed coverage on SailPoint in a report on Monday, March 10th. They set a “buy” rating and a $30.00 price target for the company. JPMorgan Chase & Co. raised their price target on SailPoint from $25.00 to $26.00 and gave the company a “neutral” rating in a report on Thursday, June 12th. Finally, Morgan Stanley reduced their price target on SailPoint from $26.00 to $25.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.66.

SailPoint Stock Up 2.0%

Shares of NASDAQ:SAIL opened at $22.16 on Wednesday. SailPoint has a 1-year low of $15.05 and a 1-year high of $26.35. The firm’s fifty day moving average is $19.74.

Institutional Investors Weigh In On SailPoint

Several large investors have recently bought and sold shares of the business. Assetmark Inc. purchased a new position in SailPoint in the first quarter worth about $32,000. Kayne Anderson Rudnick Investment Management LLC purchased a new position in SailPoint in the first quarter worth about $49,000. Quarry LP purchased a new position in SailPoint in the first quarter worth about $70,000. Picton Mahoney Asset Management purchased a new position in SailPoint in the first quarter worth about $87,000. Finally, PNC Financial Services Group Inc. purchased a new position in SailPoint in the first quarter worth about $150,000.

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.