SailPoint’s (SAIL) Buy Rating Reiterated at BTIG Research

12 Sep 2026, 02:06 by Teresa Graham · The Cerbat Gem

BTIG Research reiterated their buy rating on shares of SailPoint (NASDAQ:SAIL – Free Report) in a report released on Wednesday morning,Benzinga reports. The brokerage currently has a $21.00 price objective on the stock.

A number of other equities research analysts have also recently commented on SAIL. Jefferies Financial Group reaffirmed a “buy” rating and issued a $23.00 target price on shares of SailPoint in a report on Friday, September 4th. Rosenblatt Securities initiated coverage on SailPoint in a research report on Wednesday, July 8th. They issued a “neutral” rating and a $16.00 price target on the stock. Scotiabank reaffirmed a “sector outperform” rating and set a $19.00 price objective (up from $16.00) on shares of SailPoint in a research note on Tuesday, June 9th. Bank of America reaffirmed a “neutral” rating and set a $16.00 price objective on shares of SailPoint in a research note on Friday, June 12th. Finally, Morgan Stanley increased their price objective on SailPoint from $18.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Nineteen equities research analysts have rated the stock with a Buy rating, five have assigned 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 target price of $21.12.

Check Out Our Latest Analysis on SailPoint

SailPoint Trading Down 2.3%

Shares of SAIL opened at $17.24 on Wednesday. The company’s 50 day simple moving average is $17.30 and its 200-day simple moving average is $15.00. The firm has a market cap of $9.78 billion, a PE ratio of -50.70, a price-to-earnings-growth ratio of 1.95 and a beta of 2.17. SailPoint has a 12-month low of $10.30 and a 12-month high of $24.00.

SailPoint (NASDAQ:SAIL – Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. SailPoint had a negative net margin of 16.92% and a positive return on equity of 2.44%. The firm had revenue of $308.81 million during the quarter. During the same quarter last year, the company earned ($0.02) EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that SailPoint will post 0.33 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Chandrasekar Gnanasambandam sold 19,540 shares of the firm’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total value of $301,306.80. Following the completion of the sale, the executive vice president owned 934,508 shares in the company, valued at $14,410,113.36. This trade represents a 2.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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, insider Abby Payne sold 16,999 shares of SailPoint stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total value of $262,124.58. Following the completion of the sale, the insider directly owned 891,965 shares in the company, valued at $13,754,100.30. This represents a 1.87% decrease in their position. 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. In the last three months, insiders have sold 491,559 shares of company stock worth $7,809,391. 1.70% of the stock is currently owned by insiders.

Institutional Trading of SailPoint

A number of institutional investors have recently modified their holdings of SAIL. Royal Bank of Canada purchased a new position in SailPoint in the first quarter worth $1,146,000. Goldman Sachs Group Inc. purchased a new stake in shares of SailPoint during the 1st quarter worth $7,546,000. JPMorgan Chase & Co. purchased a new stake in shares of SailPoint during the 2nd quarter worth $692,000. Rhumbline Advisers acquired a new position in shares of SailPoint during the 2nd quarter worth $1,047,000. Finally, New York State Common Retirement Fund acquired a new position in shares of SailPoint during the 2nd quarter worth $572,000.

Key Headlines Impacting SailPoint

Here are the key news stories impacting SailPoint this week:

Positive Sentiment: SailPoint reported fiscal second-quarter results that exceeded expectations, with adjusted earnings of $0.09 per share versus a $0.08 consensus estimate and revenue of $308.8 million, up 17% year over year. Annual recurring revenue rose 25% to $1.231 billion, while SaaS ARR increased 36%. SailPoint Q2 ARR rises 25% to $1.23 billion as AI-driven ARR tops $70 million
Positive Sentiment: AI-related ARR surpassed $70 million, providing evidence that SailPoint’s AI and “agentic fabric” initiatives are beginning to contribute to growth. Investors are also focused on management’s fiscal 2029 goal of at least $2.1 billion in ARR, which implies substantial expansion from current levels. SailPoint outlines FY2029 targets including at least $2.1 billion ARR
Positive Sentiment: BTIG Research initiated or reiterated a “Buy” rating, and Barclays raised its price target from $21 to $22 while maintaining an “Overweight” rating. Barclays’ target indicates meaningful potential upside from recent trading levels. SailPoint earns Buy rating from BTIG Research
Neutral Sentiment: Unusually high options activity may increase short-term volatility, but it does not establish a clear bullish or bearish direction. Reported short-interest data showed no meaningful short position, limiting its usefulness as a trading signal. SailPoint target of unusually high options trading
Negative Sentiment: DA Davidson and Rosenblatt Securities reaffirmed “Neutral” ratings with $17 price targets, slightly below recent trading levels. These cautious views contrast with Barclays’ bullish outlook and may help explain why the shares have recently decreased despite strong operating results.

SailPoint Company Profile

(Get Free Report)

SailPoint Technologies, Inc (NASDAQ: SAIL) is a cybersecurity company focused on identity security. Its software helps organizations manage and protect digital identities, control access to applications and data, and enforce policies governing employee, contractor, customer, and machine access across enterprise environments.