SailPoint (NASDAQ:SAIL) Stock Price Up 9.8% – What’s Next?

Posted by Stanley Muller on May 29th, 2026

SailPoint, Inc. (NASDAQ:SAIL – Get Free Report)’s share price shot up 9.8% on Friday . The stock traded as high as $18.04 and last traded at $18.18. 1,824,502 shares changed hands during trading, a decline of 41% from the average session volume of 3,070,382 shares. The stock had previously closed at $16.55.

Analysts Set New Price Targets

Several brokerages have weighed in on SAIL. Robert W. Baird decreased their price objective on shares of SailPoint from $26.00 to $22.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. JPMorgan Chase & Co. cut their target price on shares of SailPoint from $26.00 to $22.00 and set an “overweight” rating on the stock in a report on Thursday, March 19th. Roth Mkm assumed coverage on shares of SailPoint in a report on Wednesday, May 20th. They issued a “buy” rating and a $19.00 target price on the stock. Barclays cut their target price on shares of SailPoint from $23.00 to $20.00 and set an “overweight” rating on the stock in a report on Monday, March 16th. Finally, FBN Securities assumed coverage on shares of SailPoint in a report on Tuesday, February 24th. They issued an “outperform” rating and a $18.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.19.

View Our Latest Analysis on SAIL

SailPoint Price Performance

The company’s 50-day moving average price is $12.72 and its 200-day moving average price is $16.02. The company has a market cap of $10.31 billion, a P/E ratio of -32.41 and a beta of 1.09.

SailPoint (NASDAQ:SAIL – Get Free Report) last released its earnings results on Wednesday, March 18th. The company reported $0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.08. The business had revenue of $294.65 million during the quarter. SailPoint had a negative net margin of 25.20% and a positive return on equity of 1.95%. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same period last year, the business posted ($4.29) EPS. On average, equities research analysts predict that SailPoint, Inc. will post 0.32 EPS for the current year.

Insiders Place Their Bets

In other SailPoint news, CEO Mark D. Mcclain sold 92,874 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $11.46, for a total value of $1,064,336.04. Following the completion of the sale, the chief executive officer owned 8,305,324 shares in the company, valued at $95,179,013.04. This trade represents a 1.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through 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, General Counsel Christopher Schmitt sold 18,813 shares of the stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $11.46, for a total transaction of $215,596.98. Following the completion of the sale, the general counsel owned 1,355,551 shares of the company’s stock, valued at approximately $15,534,614.46. This represents a 1.37% 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. Insiders have sold 526,962 shares of company stock valued at $6,420,108 in the last quarter. Company insiders own 1.70% of the company’s stock.

Institutional Trading of SailPoint

Hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of SailPoint by 4.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,317,789 shares of the company’s stock worth $117,417,000 after buying an additional 219,375 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in SailPoint by 86.0% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 167,021 shares of the company’s stock worth $3,688,000 after purchasing an additional 77,237 shares in the last quarter. OFI Invest Asset Management raised its stake in SailPoint by 79.6% in the 4th quarter. OFI Invest Asset Management now owns 905,653 shares of the company’s stock worth $18,321,000 after purchasing an additional 401,431 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in SailPoint by 22.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,412,578 shares of the company’s stock valued at $26,768,000 after buying an additional 255,720 shares during the period. Finally, NZS Capital LLC increased its holdings in SailPoint by 186.6% in the 3rd quarter. NZS Capital LLC now owns 1,747,161 shares of the company’s stock valued at $38,577,000 after buying an additional 1,137,643 shares during the period.

SailPoint Company Profile

(Get Free Report)

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.