SailPoint’s (SAIL) “Neutral” Rating Reiterated at Rosenblatt Securities

13 Sep 2026, 05:30 by Sarita Garza · The Markets Daily

Rosenblatt Securities restated their neutral rating on shares of SailPoint (NASDAQ:SAIL – Free Report) in a report released on Thursday morning,Benzinga reports. Rosenblatt Securities currently has a $17.00 target price on the stock.

Several other equities research analysts have also issued reports on SAIL. Cantor Fitzgerald lifted their price target on SailPoint from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Royal Bank Of Canada increased their price objective on SailPoint from $19.00 to $22.00 and gave the stock an “outperform” rating in a report on Friday, August 14th. Truist Financial raised their price objective on shares of SailPoint from $18.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, August 19th. Wells Fargo & Company lifted their target price on shares of SailPoint from $19.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Finally, Evercore reissued an “outperform” rating on shares of SailPoint in a research report on Thursday. Nineteen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $21.12.

Read Our Latest Analysis on SAIL

SailPoint Stock Performance

SAIL stock opened at $17.24 on Thursday. The firm has a 50 day simple moving average of $17.30 and a 200 day simple moving average of $15.00. SailPoint has a 52 week low of $10.30 and a 52 week high of $24.00. The stock has a market cap of $9.78 billion, a P/E ratio of -50.70, a P/E/G ratio of 1.91 and a beta of 2.17.

SailPoint (NASDAQ:SAIL – Get Free Report) last released its quarterly earnings data on Wednesday, September 9th. The company reported $0.09 earnings per share 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 for the quarter. During the same quarter in the prior year, the company posted ($0.02) EPS. The firm’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. Sell-side analysts predict that SailPoint will post 0.33 EPS for the current year.

Insiders Place Their Bets

In other SailPoint news, CAO Mitra Rezvan sold 3,881 shares of the company’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $15.42, for a total transaction of $59,845.02. Following the completion of the sale, the chief accounting officer directly owned 182,641 shares in the company, valued at $2,816,324.22. This represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 firm’s stock in a transaction on 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 sale, the chief financial officer owned 1,707,742 shares in the company, valued at $26,333,381.64. This represents a 2.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders sold 491,559 shares of company stock valued at $7,809,391 in the last three months. Company insiders own 1.70% of the company’s stock.

Institutional Trading of SailPoint

A number of large investors have recently bought and sold shares of SAIL. Norges Bank acquired a new stake in shares of SailPoint in the 4th quarter valued at $234,681,000. Wasatch Advisors LP bought a new stake in SailPoint during the second quarter worth about $66,173,000. BlackRock Inc. acquired a new stake in shares of SailPoint during the second quarter worth approximately $65,050,000. UBS Group AG raised its stake in shares of SailPoint by 116.3% in the third quarter. UBS Group AG now owns 4,128,038 shares of the company’s stock valued at $91,147,000 after acquiring an additional 2,219,593 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its stake in shares of SailPoint by 51.0% in the first quarter. Stephens Investment Management Group LLC now owns 2,895,700 shares of the company’s stock valued at $38,339,000 after acquiring an additional 978,376 shares during the last quarter.

Key Stories 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.

About SailPoint

(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.