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SailPoint, Inc. (SAIL - Free Report) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.

As such, the Zacks rating upgrade for SailPoint, Inc. is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.

Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.

Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for SailPoint, Inc. imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.

Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.

The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .

Earnings Estimate Revisions for SailPoint, Inc. For the fiscal year ending January 2027, this company is expected to earn $0.33 per share, which is unchanged compared with the year-ago reported number.

Analysts have been steadily raising their estimates for SailPoint, Inc. . Over the past three months, the Zacks Consensus Estimate for the company has increased 0.6%.

Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

You can learn more about the Zacks Rank here >>>

The upgrade of SailPoint, Inc. to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.

SummarySailPoint is rated BUY, reflecting conviction in AI agent-driven identity governance as a major, underappreciated cybersecurity risk and growth driver.SAIL’s current ARR growth is solid (25% YoY), but AI-driven products are replacing, not adding to, overall growth; upside hinges on AI adoption outpacing expectations.The company’s 2029 plan targets $2.1B ARR, with $800M from AI, but requires a major pivot and significant acceleration in net new ARR.Valuation is discounted versus peers due to low profitability, high SBC, Thoma Bravo’s 84.6% ownership, and high short interest; the December Q3 report is a key catalyst. Getty Images

SailPoint, Inc. (SAIL) provides the software that decides who can access what inside a large company. This has historically meant employees, maybe scripts or service accounts. That has changed dramatically. With AI agents that can now log into databases with

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Three Stocks Under $20 With Massive Upside PotentialSailPoint NASDAQ: SAIL used its Navigate conference briefing to outline product updates centered on securing both human and AI identities, including autonomous agents, runtime authorization controls, expanded cloud infrastructure support and a redesigned user interface.

Chandra Gnanasambandam, SailPoint’s executive vice president of product and chief technology officer, said the company views identity security as a combined “human plus AI” challenge rather than one requiring separate platforms. He said large enterprises may face tens of millions of agentic interactions per day as AI agents interact with large language models, APIs and data systems.

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Autonomous agent vision and runtime controls SailPoint Had a Week to Forget—Is This the Buying Window?Gnanasambandam introduced SailPoint’s vision for autonomous identity agents, grouped into red, blue and green categories. Red agents would identify potentially risky or unauthorized activity, such as an AI agent accessing information beyond its owner’s permissions. Blue agents would investigate and, if warranted, stop the activity. Green agents would focus on “peacetime” governance tasks, including automation of access-certification processes.

He said SailPoint has signed one of the world’s largest banks as a design partner for a green certification agent, with a targeted delivery timeframe of December or January.

Why SailPoint May Cruise Past Cybersecurity Rivals in 2025The company also said its platform can support least-privilege and zero-standing-privilege access models for both humans and AI. SailPoint described its role as a policy decision point that evaluates whether access should be permitted in real time, even after a user or agent has been authenticated by an identity provider such as Okta, Microsoft Entra or Ping.

Gnanasambandam said identity providers primarily handle authentication, while SailPoint’s platform is intended to provide fine-grained authorization based on identity context, access behavior, policy compliance and risk.

Entro integration and Agentic Fabric capabilities SailPoint said its Agentic Fabric and Entro, which SailPoint acquired roughly 90 days before the briefing, are expected to be fully integrated and generally available in November. The company also said that a majority of the capabilities discussed during the presentation are expected to be generally available by Nov. 1 or by the end of the year, with a smaller group planned for the first quarter of the following year.

Levent Besik, SailPoint’s chief product officer, demonstrated the Agentic Fabric, which the company said is designed to inventory AI agents, non-human identities and credentials across enterprise environments. The platform uses connectors, endpoint sensors, browser plugins and integrations with AI, SaaS, security information and event management, and data-security platforms, according to Besik.

In the demonstration, SailPoint showed how security administrators could review an AI agent’s owner, credentials, activity history, access graph and risk factors. Besik said the platform can identify issues including unsanctioned AI platforms, exposed credentials, access to production systems and anomalous behavior. Administrators can deactivate agents, rotate credentials or establish authorization policies from the platform, he said.

SailPoint also highlighted scheduled audit reports designed for frameworks including GDPR, HIPAA and the EU AI Act. Besik said the reports can be exported, scheduled and customized. The company plans to unify similar audit capabilities across its agentic and human-focused offerings.

Human identity updates Dan Martillotti, SailPoint’s vice president of product management, outlined additions to the company’s Human Fabric. These include posture management intended to show identity risk across human and non-human identities, along with recommended remediation actions.

The company said it has automated the creation of entitlement descriptions when applications are onboarded and added tools to assess privilege severity. SailPoint also introduced “effective privilege” views intended to reveal access that may be inherited indirectly through roles and groups.

For end users, SailPoint demonstrated an agentic access-request experience that can recommend entitlements based on a user’s role and needs. For privileged access, the platform supports just-in-time sessions in which access is provisioned when a user begins a task and removed when the session ends.

Martillotti also described certification automation that can recommend retaining or revoking access based on policy guardrails, such as whether privileged access has been used recently.

Customer demand shifts toward action and compliance In response to analyst questions, Gnanasambandam said customer conversations have shifted from discovery of agents and credentials toward acting on identified risks. He cited credential rotation, immediate removal of exposed access and runtime controls as key customer priorities.

He also said audit and compliance discussions have increased, particularly around accountability and fine-grained controls for AI systems. SailPoint said its Agentic Fabric can operate alongside customers’ existing IdentityIQ deployments and can connect to IdentityIQ to incorporate human identity context without requiring a migration.

About SailPoint (NASDAQ:SAIL)SailPoint, Inc NASDAQ: SAIL is an identity security company that helps organizations manage and protect digital identities and access to applications, data, and other technology resources. Its software is designed to help enterprises determine who should have access to specific resources, enforce access policies, and identify and address inappropriate or excessive access.

The company's offerings include its cloud-based identity security platform, which supports identity governance, access management, lifecycle automation, compliance, and analytics.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CEO Mark Mcclain sold 103,893 shares of the company’s stock in a transaction dated Tuesday, October 6th. The stock was sold at an average price of $20.36, for a total transaction of $2,115,261.48. Following the completion of the sale, the chief executive officer directly owned 7,989,977 shares of the company’s stock, valued at $162,675,931.72. The trade was a 1.28% decrease in their position. The transaction 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.

SailPoint Stock Up 3.7% Shares of SAIL opened at $20.77 on Friday. The firm has a 50-day moving average price of $19.38 and a 200 day moving average price of $15.87. The firm has a market capitalization of $11.86 billion, a PE ratio of -61.09, a P/E/G ratio of 2.20 and a beta of 2.15. SailPoint, Inc. has a 52-week low of $10.30 and a 52-week high of $23.89.

SailPoint (NASDAQ:SAIL – Get Free Report) last released its 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 for the quarter. During the same period in the previous year, the business posted ($0.02) EPS. The firm’s quarterly revenue was up 17.0% on a year-over-year basis. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. On average, equities analysts expect that SailPoint, Inc. will post 0.33 EPS for the current year.

Analyst Upgrades and Downgrades Several research analysts have recently issued reports on the stock. BMO Capital Markets reiterated a “buy” rating and issued a $21.00 price objective on shares of SailPoint in a report on Thursday, September 10th. Scotiabank reissued an “outperform” rating on shares of SailPoint in a report on Monday, October 5th. Oppenheimer started coverage on SailPoint in a report on Wednesday. They set an “outperform” rating and a $30.00 target price on the stock. Cantor Fitzgerald upped their target price on SailPoint from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Wells Fargo & Company upped their target price on SailPoint from $19.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Twenty investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $22.20. Check Out Our Latest Stock Analysis on SAIL

Institutional Trading of SailPoint A number of hedge funds and other institutional investors have recently modified their holdings of the stock. WINTON GROUP Ltd raised its holdings in SailPoint by 171.8% during the second quarter. WINTON GROUP Ltd now owns 64,954 shares of the company’s stock worth $951,000 after acquiring an additional 41,054 shares in the last quarter. Engineers Gate Manager LP bought a new position in SailPoint in the second quarter valued at approximately $464,000. Integrated Wealth Concepts LLC bought a new position in SailPoint in the second quarter valued at approximately $125,000. Corient Private Wealth LP bought a new position in SailPoint in the second quarter valued at approximately $412,000. Finally, Outfitters Financial LLC grew its stake in SailPoint by 4.8% in the second quarter. Outfitters Financial LLC now owns 41,175 shares of the company’s stock valued at $603,000 after purchasing an additional 1,900 shares in the last quarter.

Trending Headlines about SailPoint Here are the key news stories impacting SailPoint this week:

Positive Sentiment: Cantor Fitzgerald raised its price target to $27 from $25 and maintained an “overweight” rating. The firm cited potential expansion of SailPoint’s addressable market, providing a positive catalyst for the stock. Cantor Fitzgerald price-target report Positive Sentiment: Recent analyst actions remain favorable. Robert W. Baird raised its target to $25 and assigned an “outperform” rating, while Oppenheimer initiated coverage with an “outperform” rating and a $30 target, pointing to SailPoint’s potential role in securing AI-agent identities. Oppenheimer coverage report Positive Sentiment: Post-earnings momentum has continued. SailPoint has risen 13.5% since its latest earnings report, which included earnings of $0.09 per share versus an $0.08 consensus estimate and 17% year-over-year revenue growth to $308.81 million. Zacks post-earnings analysis Positive Sentiment: SailPoint updated its identity-security platform, potentially strengthening its competitive position as demand grows for governance and protection of digital identities, including those used by AI systems. Platform update Neutral Sentiment: Amerx initiated coverage with a “hold” rating, providing a more cautious counterpoint to the recent bullish recommendations. Amerx coverage report Negative Sentiment: Several senior executives, including the CEO, CFO, president and other officers, sold shares. The transactions were made under pre-arranged Rule 10b5-1 plans to cover tax obligations on vested equity awards, and executives retained substantial holdings, reducing—but not eliminating—the bearish signal. About SailPoint (Get Free Report)

SailPoint, Inc (NASDAQ:SAIL) is an identity security company that helps organizations manage and protect digital identities and access to applications, data, and other technology resources. Its software is designed to help enterprises determine who should have access to specific resources, enforce access policies, and identify and address inappropriate or excessive access.

The company’s offerings include its cloud-based identity security platform, which supports identity governance, access management, lifecycle automation, compliance, and analytics.

Featured Articles Five stocks we like better than SailPoint 3 Unique ETFs With Strong Momentum for the End of the Year 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone? Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining

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SailPoint, Inc. (NASDAQ:SAIL – Get Free Report) CEO Mark Mcclain sold 115,356 shares of SailPoint stock in a transaction on Wednesday, October 7th. The stock was sold at an average price of $19.71, for a total transaction of $2,273,666.76. Following the transaction, the chief executive officer owned 7,874,621 shares in the company, valued at approximately $155,208,779.91. This trade represents a 1.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.

SailPoint Stock Performance NASDAQ:SAIL opened at $20.77 on Friday. The company has a market capitalization of $11.86 billion, a PE ratio of -61.09, a P/E/G ratio of 2.20 and a beta of 2.15. The company has a 50 day simple moving average of $19.38 and a two-hundred day simple moving average of $15.87. SailPoint, Inc. has a fifty-two week low of $10.30 and a fifty-two week high of $23.89.

SailPoint (NASDAQ:SAIL – Get Free Report) last posted its quarterly earnings data on Wednesday, September 9th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. SailPoint had a positive return on equity of 2.44% and a negative net margin of 16.92%. The firm had revenue of $308.81 million during the quarter. During the same period last year, the business posted ($0.02) earnings per share. The business’s revenue was up 17.0% on a year-over-year basis. SailPoint has set its FY 2027 guidance at 0.300-0.340 EPS and its Q3 2027 guidance at 0.070-0.080 EPS. Research analysts predict that SailPoint, Inc. will post 0.33 EPS for the current year.

SailPoint News Roundup Here are the key news stories impacting SailPoint this week: Positive Sentiment: Cantor Fitzgerald raised its price target to $27 from $25 and maintained an “overweight” rating. The firm cited potential expansion of SailPoint’s addressable market, providing a positive catalyst for the stock. Cantor Fitzgerald price-target report Positive Sentiment: Recent analyst actions remain favorable. Robert W. Baird raised its target to $25 and assigned an “outperform” rating, while Oppenheimer initiated coverage with an “outperform” rating and a $30 target, pointing to SailPoint’s potential role in securing AI-agent identities. Oppenheimer coverage report Positive Sentiment: Post-earnings momentum has continued. SailPoint has risen 13.5% since its latest earnings report, which included earnings of $0.09 per share versus an $0.08 consensus estimate and 17% year-over-year revenue growth to $308.81 million. Zacks post-earnings analysis Positive Sentiment: SailPoint updated its identity-security platform, potentially strengthening its competitive position as demand grows for governance and protection of digital identities, including those used by AI systems. Platform update Neutral Sentiment: Amerx initiated coverage with a “hold” rating, providing a more cautious counterpoint to the recent bullish recommendations. Amerx coverage report Negative Sentiment: Several senior executives, including the CEO, CFO, president and other officers, sold shares. The transactions were made under pre-arranged Rule 10b5-1 plans to cover tax obligations on vested equity awards, and executives retained substantial holdings, reducing—but not eliminating—the bearish signal. Institutional Investors Weigh In On SailPoint A number of institutional investors have recently bought and sold shares of SAIL. Gables Capital Management Inc. bought a new stake in SailPoint during the second quarter valued at about $29,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of SailPoint in the second quarter worth about $50,000. State of Wyoming bought a new position in shares of SailPoint in the second quarter worth about $56,000. Legal & General Group Plc bought a new position in shares of SailPoint in the second quarter worth about $94,000. Finally, FNY Investment Advisers LLC boosted its stake in shares of SailPoint by 12.0% in the second quarter. FNY Investment Advisers LLC now owns 8,400 shares of the company’s stock worth $122,000 after acquiring an additional 900 shares during the period.

Wall Street Analysts Forecast Growth A number of research analysts have weighed in on the stock. Weiss Ratings raised shares of SailPoint from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, August 13th. Evercore reiterated an “outperform” rating on shares of SailPoint in a report on Thursday, September 10th. Morgan Stanley boosted their target price on shares of SailPoint from $18.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, August 20th. Stephens reissued an “overweight” rating and set a $20.00 target price on shares of SailPoint in a research report on Wednesday, June 17th. Finally, Oppenheimer started coverage on shares of SailPoint in a report on Wednesday. They issued an “outperform” rating and a $30.00 target price on the stock. Twenty investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.20.

View Our Latest Stock Report on SailPoint

SailPoint Company Profile (Get Free Report)

SailPoint, Inc (NASDAQ:SAIL) is an identity security company that helps organizations manage and protect digital identities and access to applications, data, and other technology resources. Its software is designed to help enterprises determine who should have access to specific resources, enforce access policies, and identify and address inappropriate or excessive access.

The company’s offerings include its cloud-based identity security platform, which supports identity governance, access management, lifecycle automation, compliance, and analytics.

Further Reading Five stocks we like better than SailPoint 3 Unique ETFs With Strong Momentum for the End of the Year 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone? Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining

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Amplitude (NASDAQ:AMPL – Get Free Report) and SailPoint (NASDAQ:SAIL – Get Free Report) are both technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, valuation, dividends, profitability, earnings, analyst recommendations and risk.

Insider & Institutional Ownership 73.2% of Amplitude shares are owned by institutional investors. 21.6% of Amplitude shares are owned by insiders. Comparatively, 1.7% of SailPoint shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Volatility and Risk Amplitude has a beta of 1.49, indicating that its stock price is 49% more volatile than the S&P 500. Comparatively, SailPoint has a beta of 2.15, indicating that its stock price is 115% more volatile than the S&P 500.

Analyst Ratings This is a breakdown of current recommendations for Amplitude and SailPoint, as reported by MarketBeat.com. Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Amplitude 1 2 7 1 2.73 SailPoint 1 6 20 0 2.70 Amplitude presently has a consensus target price of $13.05, indicating a potential downside of 11.59%. SailPoint has a consensus target price of $21.99, indicating a potential upside of 12.30%. Given SailPoint’s higher probable upside, analysts plainly believe SailPoint is more favorable than Amplitude.

Profitability This table compares Amplitude and SailPoint’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Amplitude -26.59% -42.62% -22.69% SailPoint -16.92% 2.44% 2.21% Valuation and Earnings This table compares Amplitude and SailPoint”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Amplitude $343.21 million 4.35 -$88.54 million ($0.75) -19.68 SailPoint $1.07 billion 10.43 -$270.05 million ($0.34) -57.59 Amplitude has higher earnings, but lower revenue than SailPoint. SailPoint is trading at a lower price-to-earnings ratio than Amplitude, indicating that it is currently the more affordable of the two stocks.

Summary SailPoint beats Amplitude on 9 of the 15 factors compared between the two stocks.

About Amplitude (Get Free Report)

Amplitude, Inc., together with its subsidiaries, provides a digital analytics platform that analyzes customer behavior in the United States and internationally. It offers Amplitude Analytics, which provides real-time product data and reconstructed user visits; Amplitude Experiment, a solution that allows teams to test new capabilities and safely roll out new features; Amplitude CDP, an insight-driven solution that encompasses the data infrastructure, audience management, and data streaming capabilities; and Amplitude Session Replay used by product, marketing, and data teams to understand user behavior, diagnose product issues, and improve product outcomes. The company also provides customer support services related to initial implementation setup, ongoing support, and application training. It delivers its application over the Internet as a subscription service using a software-as-a-service model. The company was formerly known as Sonalight, Inc. and changed its name to Amplitude, Inc. in December 2014. Amplitude, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

About SailPoint (Get Free Report)

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.

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Expands product innovation across unified platform at Navigate 2026 delivering the industry’s first real-time defense to discover, govern and protect all human, machine and AI agent identities  | Source: SailPoint Technologies, Inc.

Key Announcement Highlights:

Introducing SailPoint Autonomous Agents: SailPoint debuts three classes of Autonomous Agents that enforce policy, right-size privileges, and protect systems without disrupting legitimate business automation.Autonomous Identity Security Posture Management (A-ISPM): New A-ISPM uses the live identity context in SailPoint Atlas to continuously uncover critical exposures across all identity types, then closes the loop with real-time remediation.Expanded SailPoint Agentic and Human Fabrics: SailPoint expands its Agentic Fabric to map the entire AI agent surface area—enabling shadow AI discovery, runtime authorization, and instant 'kill switch' controls—while simultaneously advancing its Human Fabric with next-generation certifications and segmented identity data to give organizations finer-grained access governance.Enhanced Atlas capabilities and Atlas Extensibility framework: New common services, SaaS plug-ins, and Workflow enhancements, including versioning, execution history, and serial loops of up to 1,000 iterations, make Atlas a more unified and extensible foundation for scaling identity security.Zero Standing Privilege for humans and machines: New Just-in-Time (JIT) provisioning with conditions, plus effective privilege visibility, replaces always-on access for people, service accounts, and AI agents alike. AUSTIN, Texas, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Today at Navigate 2026, its annual flagship conference, SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, announced significant new capabilities across SailPoint Agentic Fabric™ (SAF) and SailPoint Human Fabric™ (SHF), the two purpose-built products of its Identity Security solution, built on SailPoint Atlas. These innovations give enterprises what they need most in the agentic era: full visibility into every hidden AI tool, continuous compliance across human and machine workflows, the replacement of permanent access keys with temporary permissions, and the transformation of identity security from a static compliance check into real-time, automated defense.

According to the latest SailPoint Horizons of Identity Security report, 79% of enterprises are already running AI agents in production, yet only 2% have deployed identity security tools purpose-built to govern and secure them. Meanwhile, enterprises are stuck between static reviews that are outdated the moment they finish and posture dashboards that flag risks but can't fix them.

Introducing SailPoint Autonomous Agents
When AI agents invoke MCP tool calls at machine speed, human review of every action is impossible. SailPoint announced Autonomous Agents, a fleet of specialized AI agents built to govern and protect the agentic ecosystem. Unlike generic tools that simply shut agents down when anomalies occur, Autonomous Agents use identity context to tell legitimate intent from malicious activity, stopping threats while keeping productive agents running. These Autonomous Agents actively govern the agentic lifecycle: continuously monitoring runtime actions, intercepting threats, and right-sizing permissions to enforce zero standing privilege at machine speed.

Matt Mills, President of SailPoint, said:
"Autonomous agents are no longer just experimental copilots; they are becoming the primary execution layer of modern enterprises. Enterprises cannot afford to slow down AI innovation out of fear, nor can they afford ungoverned access chaos. Moving beyond Zero Trust to Autonomous Identity allows organizations to master the converged human-plus-AI workforce, eliminate invisible risk, and innovate with complete confidence."

Chandra Gnanasambandam, EVP of Product and Chief Technology Officer, said:
"The idea that a security admin is going to review and approve access for a group of autonomous agents making 10,000 tool calls a second isn't just outdated—it’s a fantasy. The only way to govern autonomous machines is with autonomous machine defense. We've built Autonomous Agents so enterprises can stop the threat, save the good agents, and bring human and non-human identity into real-time. In a near-AGI world, standing privilege is dead."

Autonomous Identity Security Posture Management (A-ISPM) goes beyond the dashboard
Using the live identity context in SailPoint Atlas, SailPoint’s new A-ISPM continuously detects dormant accounts, partially offboarded identities, orphaned access, shadow admins, and privileged outliers hidden deep in access paths. It then closes the loop on each organization's terms, with remediation ranging from one-click fixes, such as revoking access, disabling an identity or AI agent, or assigning an owner, to fully automated policy enforcement.

New automation and global compliance upgrades
SailPoint is advancing global identity security with powerful new updates across its platform. The company introduced new updates to the SailPoint Atlas engine with advanced automation workflows to help enterprises scale security, while also launching IdentityIQ 9.0 to make everyday access governance simpler and more secure for business users. To support this growth, SailPoint is also expanding its global footprint—opening a new data center in South Korea and preparing to meet some of the strictest federal and financial compliance standards, including FedRAMP High, PCI DSS 4.0, and EU Sovereign Cloud.

Delivering four core customer outcomes through new innovations
SailPoint delivers autonomous identity and a host of customer benefits and improved security outcomes across its Identity Security platform. New product innovations showcased at Navigate enable customers to realize these four critical business outcomes:

Comprehensive discovery: Security teams can't govern what they can't see. Every agent, credential, and data store that never reach the identity program becomes access no one owns. New endpoint and browser sensors, SIEM and XDR telemetry, and vault and pipeline NHI discovery bring MCP servers, tools, credentials, and data stores into view. Data Access Security adds classification integrations with Microsoft Purview and BigID, plus new connectors for Atlassian Confluence, Google BigQuery, and AWS Redshift.Enabling compliance: Auditors are asking how AI agents are governed, and most organizations can't yet produce the evidence. New Agent Audit turns agent inventory and governance activity into framework-aligned evidence reports that can be exported in one action, customized, or scheduled, making audit preparation repeatable.Strengthening security posture: Standing privilege is invisible risk. Every always-on account is an open door for attackers. Just-in-Time provisioning (JIT-P) grants access only when needed, with conditions such as business justification or reauthentication and activation through Slack or ServiceNow. Agentic Fabric delivers prompt monitoring with policy-based redaction and blocking and behavioral risk detection. Human Fabric features a CrowdStrike Foundry App and SecOps containment actions with a full audit trail.Streamlining operations: Governance has become too admin-heavy, and manual processes can't keep pace with the volume of human and agent access. Human Fabric will now offer next-generation access requests with an embedded Harbor Pilot Access Request Agent. The upcoming Harbor Pilot Policy Agent lets administrators explain and draft access policies for people and agents in plain language, and Agentic Fabric provides one-click agent lifecycle controls and an agent kill switch.
Platform milestone: SailPoint Agentic Fabric + Entro integration
Also announced during Navigate, the Entro Security integration into SailPoint Agentic Fabric will soon be complete. The integration includes Entro-powered credential lineage, exposed secret discovery, and prompt-intent monitoring into Agentic Fabric, extending governance to secrets and credentials that AI agents and NHIs depend on.

Availability
Capabilities across SailPoint Agentic Fabric, SailPoint Human Fabric, and SailPoint Atlas are rolling out globally beginning at Navigate 2026. A-ISPM, the Harbor Pilot Policy Agent, and the Proofpoint integration are expected in Q4 FY27.

New Success Acceleration service packages combine expert-led roadmaps, vertical-specific deployment accelerators, AI-driven risk reduction, and continuous compliance support to help customers reach zero standing privilege and realize value faster.

To watch Navigate 2026 keynotes and product demonstrations live or on demand, visit www.sailpoint.com/navigate.

About SailPoint
SailPoint (Nasdaq: SAIL) is defining the new era of adaptive identity security. In a world where non-human identities now significantly outnumber humans, our AI-powered platform unifies identity, security, and data intelligence to protect today’s enterprise from advanced identity-based threats. We deliver the identity solution that spans both the breadth of identities and the depth of context needed to drive real-time access with confidence. Built on principles like zero-standing privilege and contextualized risk, our SailPoint platform transforms identity from a point of vulnerability into a powerful security advantage. Trusted by many of the world's leading organizations, SailPoint secures the enterprise with intelligent, autonomous identity security.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including with respect to SailPoint’s expectations regarding announcements made at Navigate. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “expects,” “plans,” “anticipates,” “could,” “would,” “plan to,” “intend to,” “believe,” or “goal” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. The development, release, and timing of any features or functionality described for SailPoint’s products that are not currently available remain at SailPoint’s sole discretion on a when, and if available, basis, may not be delivered at all and should not be relied on in making a purchasing decision, and could be materially different from our expectations because of various risks.

Important factors, some of which are beyond our control, that could cause actual results to differ materially from our historical results or those expressed or implied by these forward-looking statements include the following: our ability to deepen our relationships with existing customers; the growth in the market for identity security solutions; our ability to maintain successful relationships with each of our partners; our ability to compete successfully against current and future competitors; the increasing complexity of our operations; our ability to maintain and enhance our brand or reputation as an industry leader and innovator; unfavorable conditions in our industry or the global economy; our ability to successfully introduce, use, and integrate artificial intelligence (AI) with our solutions; breaches in our security, cyber attacks, or other cyber risks; interruptions, outages, or other disruptions affecting the delivery of our SaaS solution or any of the third-party cloud-based systems that we use in our operations; our ability to adapt and respond to rapidly changing technology, industry standards, regulations, or customer needs, requirements, or preferences; real or perceived errors, failures, or disruptions in our platform or solutions; and the ability of our platform and solutions to effectively interoperate with our customers’ existing or future IT infrastructures.

More information on these risks and other potential factors that could affect our financial results is included in our reports and other documents filed with the Securities and Exchange Commission including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in our most recently filed Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events, or otherwise.

The development, release, and timing of any features, functionality, capabilities, or services described for SailPoint's products that are not currently available remain at SailPoint's sole discretion on a when, and if, available basis and may not be delivered at all and must not be relied on in making a purchasing or investing decision.

Media relations for SailPoint
Shannon Paulk
Sr. Manager, Corporate Communications
303-748-2275
[email protected]

Kuehn Law Encourages Investors of SailPoint, Inc. to Contact Law FirmPR Newswire

NEW YORK, Sept. 30, 2026

, /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of SailPoint, Inc. (NASDAQ: SAIL) breached their fiduciary duties to shareholders. The investigation concerns potential self-dealing. Shareholders may be entitled to damages and corporate governance reforms.

If you are a long-term SAIL stockholder please contact Justin Kuehn, Esq. by email at [email protected] or call (833) 672-0814. The consultation and case are free with no obligation to you. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.

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AUSTIN, Texas, Sept. 22, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, will host a live webcast and product demo for financial analysts and investors on Wednesday, October 14, 2026, at 12:00 p.m.

SailPoint, Inc. (SAIL) Piper Sandler 5th Annual Growth Frontiers Conference September 15, 2026 11:00 AM EDT

Company Participants

Mark McClain - Founder, CEO & Director

Conference Call Participants

Robbie Owens - Piper Sandler & Co., Research Division

Presentation

Robbie Owens
Piper Sandler & Co., Research Division

All right. Good morning. I'm Rob Owens with Piper, and I manage our technology practice and cover cybersecurity and infrastructure software. Pleased to be joined on stage with Mark McClain from SailPoint, and we'll just dive right in. Okay. I'll leave a little time if there's questions from the audience as well.

Question-and-Answer Session

Robbie Owens
Piper Sandler & Co., Research Division

So interesting news over the weekend relative to the slowing and better understanding of AI and what these things can do. And as maybe the -- I can't call you the little boy, but the one who cried wolf, if you will, to say, hey, guys, we're going to have to manage this stuff. There's just -- there's a lot of proof points that point towards SailPoint's value proposition. So I don't want to say take us through the last 72 hours because this has been ongoing since the advent of AI. But maybe you can articulate your view on what just happened over the weekend and how it speaks to where the need that SailPoint serves in the marketplace.

Mark McClain
Founder, CEO & Director

Yes. I think if it wasn't already apparent, I think it's become more apparent that at least part of the risk of what's happening in the world with AI and agentic is the fact that these are a flavor of identity, these nonhuman identities. And now what we've seen is, particularly in the Hugging Face incident, the idea that they are somewhat not only just autonomous but incapable of self-regulating what

SailPoint is beating earnings expectations and stacking up AI-driven identity contracts at a rapid clip, yet its stock still trades below its IPO price while Okta has more than doubled. Something about that gap demands an explanation.

SailPoint (NASDAQ:SAIL | SAIL Price Prediction) reported Q2 FY27 results before the open on Sept. 9, delivering its fourth consecutive EPS beat alongside a slim revenue miss. Shares are trying to shake off the funk, gaining 5.35% intraday to about $18.52, but SAIL still sits below its $22 first-session price from Feb. 13, 2025. Meanwhile, identity peer Okta (NASDAQ:OKTA) is up more than 100% year to date. That gap is the story.

AI Identity Engine Kicks Into Gear The recurring-revenue metrics were the highlight. Total ARR reached $1.23 billion, up 25% year over year (YoY), while SaaS ARR grew 36% to $847 million. AI-driven ARR topped $70 million and made up more than 30% of net new ARR, and existing customers adopting AI solutions lifted annual spend by more than 60%.

I liked the customer-quality signals. SaaS customer count rose 16%, with ARR per SaaS customer climbing 17% to over $400,000, and dollar-based net revenue retention held at 113%. This is the exact AI identity narrative that sent CrowdStrike (NASDAQ:CRWD) and Okta sharply higher in late August.

Why the Market Still Won’t Pay Up Revenue of $308.81 million missed the $310.26 million consensus by 0.47%. More importantly, the GAAP net loss widened to $50.36 million, a 377.26% deterioration driven by heavy equity-based compensation, and free cash flow fell 18.6% YoY to $37.41 million. Legacy lines also faded, with term subscriptions down 3%, maintenance down 8%, and services down 17%. That mix shift is healthy long term, but it dampens near-term reported revenue.

Numbers That Frame the Debate Adjusted EPS: 9 cents vs 8 cents expected Revenue: $308.81 million vs $310.26 million expected; up 16.8% YoY Total ARR: $1.23 billion, up 25% SaaS ARR: $847 million, up 36% RPO: $1.9 billion, up 30% Free Cash Flow: $37.41 million, down 18.6% Adjusted Operating Margin: 20.3% You should watch the SaaS-mix headwind. CFO Brian Carolan noted that every $5 million shift from term to SaaS ARR costs roughly $10 million of in-period revenue, calling the shortfall a “rev-rec timing issue” rather than a demand problem.

McClain Stakes the FY29 Flag CEO Mark McClain sounded confident, tying the quarter to long-term ambition: “Our strong Q2 results demonstrate the powerful compounding effect of our identity security platform and AI-driven innovations. This momentum reinforces our confidence in our long-term trajectory, keeping us firmly on track to achieve our FY’29 targets, including at least $2.1 billion of ARR.” He also framed the opportunity bluntly, saying non-human identities are “exploding across the enterprise landscape” yet mostly ungoverned.

Closing the Gap With Okta Guidance held the line. Q3 revenue is guided to $326 million to $330 million with FY27 revenue of $1.265 billion to $1.275 billion. I’d keep an eye on AI-driven ARR conversion. Management said the AI-driven pipeline is over $200 million and has more than doubled since investor day. If that pipeline closes, the discount to Okta gets much harder to justify.

Contact [email protected] for any questions or corrections.

SailPoint, Inc. (SAIL) Q2 2027 Earnings Call September 9, 2026 8:30 AM EDT

Company Participants

Scott Schmitz - Senior Vice President of Investor Relations
Mark McClain - Founder, CEO & Director
Brian Carolan - Chief Financial Officer
Matthew Mills - President

Conference Call Participants

Matthew Hedberg - RBC Capital Markets, Research Division
Saket Kalia - Barclays Bank PLC, Research Division
Brian Essex - JPMorgan Chase & Co, Research Division
Shaul Eyal - TD Cowen, Research Division
Gray Powell - BTIG, LLC, Research Division
Joseph Gallo - Jefferies LLC, Research Division
Robbie Owens - Piper Sandler & Co., Research Division
Patrick Edwin Colville - Scotiabank Global Banking and Markets, Research Division
Jonathan Ruykhaver - Cantor Fitzgerald & Co., Research Division
Meta Marshall - Morgan Stanley, Research Division
Joshua Tilton - Wolfe Research, LLC
Shrenik Kothari - Robert W. Baird & Co. Incorporated, Research Division
Richard Poland - Wells Fargo Securities, LLC, Research Division
Gregg Moskowitz - Mizuho Securities USA LLC, Research Division
Junaid Siddiqui - Truist Securities, Inc., Research Division

Presentation

Operator

Thank you for standing by, and welcome to SailPoint's Second Quarter Fiscal Year 2027 Earnings Conference Call. [Operator Instructions] I would now like to hand the call over to Scott Schmitz, Investor Relations. Please go ahead.

Scott Schmitz
Senior Vice President of Investor Relations

Good morning, and thank you for joining us today to discuss SailPoint's Fiscal Second Quarter 2027 Financial Results. Joining me today are SailPoint's Founder and CEO, Mark McClain; and our Chief Financial Officer, Brian Carolan. For the Q&A portion of today's call, we will also be joined by our President, Matt Mills. Please note that today's call will include forward-looking statements, and because these statements are based on the company's current intent, expectations and projections, they are not guarantees of future performance and a variety of factors could cause actual results to differ materially.

This call will also include references

Three Stocks Under $20 With Massive Upside PotentialSailPoint NASDAQ: SAIL reported fiscal second-quarter 2027 annual recurring revenue of $1.231 billion, up 25% from a year earlier and $11 million above the midpoint of its guidance, as demand for its SaaS identity security platform and AI-focused offerings accelerated.

Chief Executive Officer and Founder Mark McClain said SaaS ARR increased 36% year over year, while SaaS net new ARR grew 34%. SaaS represented 97% of the company’s net new ARR during the quarter. SailPoint’s total AI-driven ARR surpassed $70 million at the end of the quarter, aided by early customer interest in the company’s Agentic Suites before their planned third-quarter availability.

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SailPoint Had a Week to Forget—Is This the Buying Window?“Our strong second quarter highlights the compounding power of our identity security platform and new product innovations, with AI playing an increasingly larger role in our success,” McClain said.

AI Governance Demand Drives Pipeline Growth SailPoint is positioning its platform around the governance of both human and non-human identities, including autonomous AI agents. McClain said enterprises need to identify what data AI agents can access, determine the human accountable for each agent, and maintain the ability to revoke access when necessary.

Why SailPoint May Cruise Past Cybersecurity Rivals in 2025The company said its AI-driven pipeline has more than doubled since its investor day, held less than three months before the earnings call. AI-driven solutions accounted for more than 30% of net new ARR in the second quarter, according to management.

President Matt Mills said SailPoint has established a focused sales overlay team aimed at chief AI officers and security leaders, while continuing to work with traditional identity buyers. He said the company is seeing interest from both existing customers and organizations that do not currently use SailPoint products.

Mills said the company has hundreds of proof-of-concept projects in its pipeline over the next several quarters. These evaluations, focused in part on SailPoint Entro and the Agentic Fabric offering, have sales cycles of roughly 30 to 45 days, which he said is faster than a traditional Agentic Business Suite purchase.

Management said customers conducting these evaluations often uncover substantially more AI agents and associated security risks than anticipated. McClain cited one global Fortune 500 customer where SailPoint connected to a majority of the company’s data sources within a week of a proof of concept and identified more than 10,000 unknown agents and thousands of related risks. The work led to a multimillion-dollar contract for Digital Identity Flex alongside Entro, he said.

SaaS Migrations and Product Expansion Chief Financial Officer Brian Carolan said SailPoint’s SaaS ARR reached $847 million, while net new SaaS ARR totaled $66 million. The company’s SaaS customer count rose 16% year over year, and average ARR per SaaS customer increased 17% to more than $400,000.

Carolan said customers adopting AI-driven solutions increased their annual spending by more than 60%. More than two-thirds of SailPoint’s migrations from on-premise deployments to SaaS during the quarter included an AI-driven product.

The migration activity contributed about four percentage points to total ARR growth in the quarter, he said. SailPoint continues to expect a two- to three-times ARR uplift when customers migrate, though Carolan said migrations with a heavier term-license mix may initially be closer to two times before expanding over time.

SailPoint also highlighted Agentic Acceleration, an AI tool intended to simplify customer migrations and deployments. McClain said a global financial services company signed a multiyear agreement to manage more than 300,000 identities on SailPoint’s SaaS platform. Using automated onboarding tools, the customer reduced configuration work from weeks to less than 10 hours, according to McClain.

Mills said the tool is now being used beyond SailPoint’s existing IdentityIQ customers, including for legacy environments and potential replacement opportunities involving competitors’ failed implementations.

Revenue, Profitability and Outlook Fiscal second-quarter revenue rose 17% year over year to $309 million. SaaS revenue increased 34%. Excluding approximately $36 million of point-in-time revenue, primarily from term contracts, revenue recognized over time increased 22%.

Remaining performance obligations rose 30% year over year to $1.9 billion. Current remaining performance obligations increased 27% to $931 million. Adjusted operating margin was 20.3%. Free cash flow was $37 million, representing a 12.1% margin. Dollar-based net revenue retention was 113%, while gross retention remained in the high 90% range. Carolan said the company’s higher SaaS mix creates a near-term revenue-recognition timing effect because SaaS revenue is recognized ratably rather than upfront. He said each $5 million shift between SaaS and term business affects in-period revenue by about $10 million, with most of the impact flowing through to adjusted operating income. SailPoint experienced an estimated $5 million revenue timing headwind in the second quarter due to the mix of net new SaaS ARR.

For the fiscal third quarter, SailPoint expects ARR of $1.29 billion, representing 24% year-over-year growth; revenue of $328 million, up 16%; and adjusted operating margin of 17.7%. The company expects adjusted earnings per share of $0.07 to $0.08 on approximately 577 million diluted shares.

For fiscal 2027, SailPoint raised its ARR outlook by $11 million to $1.38 billion, representing 23% growth. It reiterated expectations for approximately $1.27 billion in revenue, or 19% growth, adjusted operating margin of about 19%, adjusted EPS of $0.32, and approximately $200 million in free cash flow.

Management said it remains confident in its fiscal 2029 targets of at least $2.1 billion in ARR, at least $800 million in AI-driven ARR, adjusted operating margin of at least 22%, and free cash flow of at least $400 million.

About SailPoint (NASDAQ:SAIL)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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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SailPoint, Inc. (SAIL - Free Report) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +12.50%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.05, delivering a surprise of +25%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

SailPoint, Inc. , which belongs to the Zacks Internet - Software industry, posted revenues of $308.81 million for the quarter ended July 2026, missing the Zacks Consensus Estimate by 0.51%. This compares to year-ago revenues of $264.36 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

SailPoint, Inc. shares have lost about 12.1% since the beginning of the year versus the S&P 500's gain of 12.1%.

What's Next for SailPoint, Inc. ?While SailPoint, Inc. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for SailPoint, Inc. was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.08 on $327.91 million in revenues for the coming quarter and $0.32 on $1.27 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the same industry, BlackBerry (BB - Free Report) , is yet to report results for the quarter ended August 2026. The results are expected to be released on September 24.

This cybersecurity software and services company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

BlackBerry's revenues are expected to be $143 million, up 10.3% from the year-ago quarter.

 | Source: SailPoint Technologies, Inc.

AUSTIN, Texas, Sept. 09, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, today announced financial results for its fiscal second quarter ended July 31, 2026.

The company’s earnings release and presentation can be accessed on the quarterly results section of SailPoint’s investor relations website. SailPoint will host a conference call today at 8:30 a.m. Eastern Time to discuss the results and outlook, which is accessible here.

About SailPoint
At SailPoint (Nasdaq: SAIL), we believe enterprise security must start with identity at the foundation. Today’s enterprise runs on a diverse workforce of not just human but also digital identities—and securing them all is critical. Through the lens of identity, SailPoint empowers organizations to seamlessly manage and secure access to applications and data at speed and scale. Our unified, intelligent, and extensible platform delivers identity-first security, helping enterprises defend against dynamic threats while driving productivity and transformation. Trusted by many of the world’s most complex organizations, SailPoint secures the modern enterprise.

Investor Relations Contact
Scott Schmitz, SVP IR
[email protected]

Media Relations Contact
Shannon Paulk, Sr. Manager, Corporate Communications
[email protected]

In its upcoming report, SailPoint, Inc. (SAIL - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.08 per share, reflecting an increase of 14.3% compared to the same period last year. Revenues are forecasted to be $310.4 million, representing a year-over-year increase of 17.4%.

Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

Bearing this in mind, let's now explore the average estimates of specific SailPoint, Inc. metrics that are commonly monitored and projected by Wall Street analysts.

Analysts' assessment points toward 'Revenue- Services and other' reaching $14.86 million. The estimate indicates a year-over-year change of -7.1%.

Based on the collective assessment of analysts, 'Revenue- Subscription' should arrive at $295.52 million. The estimate indicates a year-over-year change of +19.2%.

Analysts expect 'Revenue- Subscription- Other subscription services' to come in at $8.89 million. The estimate indicates a change of +34.9% from the prior-year quarter.

Analysts forecast 'Revenue- Subscription- Term subscriptions' to reach $56.52 million. The estimate indicates a year-over-year change of -2.8%.

The consensus among analysts is that 'Revenue- Subscription- SaaS' will reach $193.85 million. The estimate indicates a change of +33.9% from the prior-year quarter.

The consensus estimate for 'Revenue- Subscription- Maintenance and support' stands at $36.43 million. The estimate suggests a change of -5.3% year over year.

According to the collective judgment of analysts, 'Annual Recurring Revenue' should come in at $1.22 billion. The estimate compares to the year-ago value of $982.00 million.

The average prediction of analysts places 'SaaS Annual Recurring Revenue' at $834.94 million. The estimate is in contrast to the year-ago figure of $623.00 million.

The combined assessment of analysts suggests that 'Gross profit- Subscription' will likely reach $216.45 million. Compared to the present estimate, the company reported $177.49 million in the same quarter last year.

View all Key Company Metrics for SailPoint, Inc. here>>>

Shares of SailPoint, Inc. have experienced a change of +2.6% in the past month compared to the +2.5% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), SAIL is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Several prominent companies involved in cybersecurity and online identity management reported their latest quarterly earnings this week.

While identity security specialist SailPoint (SAIL -3.03%) wasn't one of them, its shares were getting a lift from what investors considered good performances from its peers. As of early morning Friday, SailPoint's stock was up nearly 10% week to date, according to data compiled by S&P Global Market Intelligence.

An impressive crowd Specifically, those peers were Okta and CrowdStrike Holdings, both of which reported their second-quarter figures after market close on Wednesday.

Image source: Getty Images.

CrowdStrike's revenue blasted 26% higher year over year to $1.47 billion. As if that weren't enough, it notched a new company record for non-GAAP (adjusted) net income of $0.31 per share, an improvement of over 34%. Okta, which, like SailPoint, focuses on user identity services, also posted double-digit gains in both metrics, although its growth was more modest.

Both cybersecurity companies topped the consensus analyst estimates for the two line items. On top of that, each raised key guidance items for the full year.

Okta's CEO, Todd McKinnon, addressed an important factor in this recent growth, citing the potential threat posed by artificial intelligence (AI) agents in the hands of bad actors. An increasingly dangerous online ecosphere requires more vigilant cybersecurity and identity protection services.

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Earnings incoming Given that, no one should be surprised that SailPoint stock bumped higher in sympathy with its two contemporaries. Generally speaking, I'd say all three deserved to rally, as the products and services they offer are sure to see ever-increasing demand.

But before making a decision on SailPoint's equity, I'd probably hold off until the company's upcoming quarterly earnings release, slated for Sept. 9. We'll then see how well it's capitalizing on current trends.

Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends CrowdStrike and Okta. The Motley Fool has a disclosure policy.

Three Stocks Under $20 With Massive Upside PotentialSailPoint NASDAQ: SAIL outlined how identity governance and administration systems could help government organizations manage machinery-of-government changes, or MOGs, which the company described as the public-sector equivalent of corporate reorganizations.

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In the first of a four-part government-focused webinar series, Identity Strategist Will Harrington said MOG events can follow elections, ministerial portfolio changes, policy shifts and the creation or restructuring of government departments. Such changes can affect job titles, managers, HR records, email domains, departmental assignments and access to applications and data for employees, contractors and other users.

SailPoint Had a Week to Forget—Is This the Buying Window?Harrington said the central challenge is managing large volumes of access changes while maintaining service delivery to citizens. He said organizations must determine whether people moving between departments should retain access to prior systems and records, particularly where information is private, classified or otherwise subject to compliance requirements.

Manual processes can create access risks Based on conversations with public-sector employees at Public Sector Network events, Harrington said spreadsheet-based processes remain common for handling MOG changes. These spreadsheets may contain names, roles and instructions to add or remove access, which service-desk personnel then process manually across systems such as Active Directory, SaaS applications and databases.

Why SailPoint May Cruise Past Cybersecurity Rivals in 2025He said this approach can be operationally inefficient and prone to errors, including missed access removals, incorrect data entry and delays in deprovisioning accounts. Script-based approaches can automate some work, Harrington said, but may create questions about auditability, code ownership and maintenance when the original developers leave an organization.

Harrington also cited a public case study involving a New South Wales government department that used an identity-management system to identify roughly 800 active accounts associated with terminated HR records. He said dormant and orphaned accounts can create exposure if attackers gain access to them and use them for lateral movement.

Other risks associated with manual MOG processes include privilege creep, insufficient audit evidence, interruptions to operations and potential data-privacy issues when staff retain access to information from their former departments, Harrington said.

Identity governance approach Harrington described identity governance as a process to “connect, correlate, govern, automate” and provide proof of access decisions. Under this approach, an organization connects HR systems and target applications, correlates accounts to an individual identity, applies policies and roles, automates account changes, and records audit evidence.

He said the model should extend beyond employees to include contractors, service accounts, bots, agents and other non-human identities. In the case of agents and service accounts, Harrington said organizations should establish human ownership and succession plans, particularly when accountable individuals move between departments.

The identity model can combine HR attributes—such as department, manager, cost center, job title, employment status and start or end dates—with account and entitlement data from applications. Harrington said this enables organizations to identify, for example, terminated workers with active accounts or employees whose entitlements no longer fit their departmental assignment.

Lifecycle management: Workflows can trigger when employees join, move or leave an organization, including changes in department, manager or job title. Role-based access controls: Roles can bundle entitlements associated with specific job functions, allowing access to be removed and reassigned as HR attributes change. Requests and approvals: Workers can request additional access through a central portal, with approvals creating an auditable control point. Policies and separation of duties: Organizations can define conflicting access combinations or prevent users in one department from holding entitlements belonging to another. User access reviews: Managers can review employee access before and after a MOG event to identify unnecessary permissions. Harrington said a department transfer could be treated as a termination-and-rehire process, with prior access removed and new access recalculated based on the employee’s updated HR data. This approach, he said, could reduce permission accumulation and avoid placing additional workload on service desks when systems can provision directly to target environments.

MOG events as a business-case opportunity Harrington said MOG changes can be framed as an opportunity to improve security, reduce manual work and support a business case for identity-governance investment. He cited a Victorian Public Service report published by Helen Silver as evidence that employees affected by departmental movements may wait six to eight weeks to regain access to systems.

Organizations could estimate the cost of this downtime by considering the number of affected employees, time without required access and employee costs, Harrington said. They could also quantify service-desk ticket volumes, manual provisioning work, audit and compliance effort, and software-license reclamation from accounts and applications no longer required.

He also pointed to the potential cost of security incidents, referencing IBM’s annual breach-cost report and high-profile Australian breaches involving Medibank, Latitude and Optus. While MOGs can be operationally burdensome, Harrington said they also create an opportunity to remove outdated access, improve accountability for non-human accounts and preserve public trust in government digital services.

About SailPoint (NASDAQ:SAIL)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.

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AUSTIN, Texas, Aug. 13, 2026 (GLOBE NEWSWIRE) -- SailPoint, Inc. (Nasdaq: SAIL), a leader in enterprise identity security, will report its fiscal second quarter 2027 financial results and outlook before the US markets open on Wednesday, September 9, 2026. SailPoint will host a conference call that day at 8:30 a.m.

Investors interested in Internet - Software stocks are likely familiar with Perfect Corp. (PERF) and SailPoint, Inc. (SAIL). But which of these two stocks is more attractive to value investors?

Posted by Defense World Staff on Jul 28th, 2026

Daventry Group LP cut its position in shares of SailPoint, Inc. (NASDAQ:SAIL – Free Report) by 44.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 514,674 shares of the company’s stock after selling 418,901 shares during the quarter. SailPoint comprises 7.8% of Daventry Group LP’s portfolio, making the stock its 6th biggest position. Daventry Group LP owned about 0.09% of SailPoint worth $6,814,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of SailPoint in the fourth quarter worth $234,681,000. UBS Group AG lifted its holdings in shares of SailPoint by 116.3% during the 3rd 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 in the last quarter. Stephens Investment Management Group LLC lifted its holdings in shares of SailPoint by 51.0% during the 1st 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in SailPoint by 1.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,869,273 shares of the company’s stock worth $63,359,000 after purchasing an additional 49,718 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in SailPoint by 20.9% in the 3rd quarter. Alliancebernstein L.P. now owns 2,680,131 shares of the company’s stock valued at $59,177,000 after purchasing an additional 464,098 shares in the last quarter.

SailPoint Trading Up 2.6% SailPoint stock opened at $15.34 on Tuesday. SailPoint, Inc. has a 52 week low of $10.30 and a 52 week high of $24.00. The stock has a market cap of $8.70 billion, a P/E ratio of -56.81, a price-to-earnings-growth ratio of 1.66 and a beta of 2.20. The stock has a 50 day moving average of $15.23 and a 200-day moving average of $14.63.

SailPoint (NASDAQ:SAIL – Get Free Report) last issued its quarterly earnings results on Tuesday, June 9th. The company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. SailPoint had a negative net margin of 14.04% and a positive return on equity of 2.31%. The business had revenue of $280.14 million during the quarter. During the same quarter last year, the firm posted $0.01 EPS. The firm’s quarterly revenue was up 21.5% on a year-over-year basis. SailPoint has set its Q2 2027 guidance at 0.070-0.080 EPS and its FY 2027 guidance at 0.300-0.340 EPS. As a group, equities analysts predict that SailPoint, Inc. will post 0.33 earnings per share for the current fiscal year.

Insider Buying and Selling In other 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 value of $59,845.02. Following the sale, the chief accounting officer owned 182,641 shares in the company, valued at approximately $2,816,324.22. This represents a 2.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 the stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $15.42, for a total transaction of $262,124.58. Following the transaction, the insider directly owned 891,965 shares in the company, valued at $13,754,100.30. The trade was a 1.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 497,832 shares of company stock worth $7,934,851. 1.70% of the stock is currently owned by insiders.

Analyst Ratings Changes Several research analysts have commented on the company. Mizuho set a $16.00 price objective on SailPoint in a research report on Wednesday, June 10th. Wells Fargo & Company upped their target price on SailPoint from $17.00 to $19.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 10th. Weiss Ratings reiterated a “sell (e+)” rating on shares of SailPoint in a research note on Wednesday, June 17th. Barclays dropped their target price on SailPoint from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Wednesday, June 10th. Finally, Stephens reissued an “overweight” rating and set a $20.00 price target on shares of SailPoint in a research report on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.08.

Check Out Our Latest Report on SAIL

SailPoint Company Profile (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.

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NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of SailPoint, Inc. (NASDAQ: SAIL) breached their fiduciary duties to shareholders. The investigation concerns potential self-dealing. Shareholders may be entitled to damages and corporate governance reforms.

If you are a long-term SAIL stockholder please contact Justin Kuehn, Esq. by email at [email protected] or call (833) 672-0814.   The consultation and case are free with no obligation to you. Kuehn Law pays all case costs and does not charge its investor clients. Shareholders should contact the firm immediately as there may be limited time to enforce your rights.  

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A month has gone by since the last earnings report for SailPoint, Inc. (SAIL - Free Report) . Shares have added about 2.7% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is SailPoint, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.

SailPoint Q1 Earnings Surpass Estimates, Revenues Jump Y/YSailPoint reported first-quarter fiscal 2027 adjusted earnings of 5 cents per share, which surpassed the Zacks Consensus Estimate of 4 cents by 25%. The company had reported earnings of 1 cent in the year-ago quarter.

Revenues were $280.1 million, up 21.6% year over year and ahead of the consensus mark by 1.41%. SailPoint’s strong quarterly performance was driven by continued demand for its identity security offerings and accelerating adoption of SaaS solutions.

SAIL’s Q1 Top-Line DetailsAs of April 30, 2026, annual recurring revenues (ARR) increased 26% year over year to $1.163 billion.

Segment-wise, SaaS contributed 63.7% of fiscal first-quarter total revenues, increasing approximately 35% year over year to $178.4 million. Maintenance and support revenues represented 12.3% of total revenues, which decreased 7.6% year over year to $34.5 million.

Term subscription revenues contributed 15.7% of total revenues, which rose 9.7% to $43.9 million. Other subscription services comprised 3.2% of total revenues, which increased 45.8% year over year to $8.8 million.

Total subscription revenues, comprising the four sub-segments, accounted for 94.9% of revenues, which increased 23.5% year over year to $265.8 million. The remaining segment, Services and other, represented 5.1% of total revenues in the reported quarter. The figure decreased 5.4% to $14.3 million.

SailPoint’s Operating HighlightsThe non-GAAP gross margin expanded 30 basis points (bps) year over year to 76.6%.

Sales and marketing expense, on a non-GAAP basis and as a percentage of revenues, increased 10 bps from the year-ago quarter’s level to 39.7%.

Research and development expense, on a non-GAAP basis and as a percentage of revenues, decreased 50 bps from the year-ago quarter’s level to 16.3%.

General and administrative expense, as a percentage of revenues, decreased from the year-ago quarter’s level of 9.7% to 7.1%.

Adjusted income from operations was $37.8 million, representing 13.5% of revenues, up from $23.6 million or 10.2% of revenues, reported in the year-ago quarter.

SailPoint’s Strong Balance SheetAs of April 30, 2026, cash and cash equivalents were $390.8 million compared with $358.1 million as of Jan. 31, 2026.

In the reported quarter, the company generated a cash flow from operations of $38.2 million compared with $64 million in the previous quarter.

SAIL generated free cash flow of $32.5 million compared with $57 million in the previous quarter.

SAIL Offers Q2 and FY27 GuidanceFor second-quarter fiscal 2027, SailPoint expects revenues between $308 million and $312 million, indicating year-over-year growth of 17-18%.

The company expects adjusted income from operations to be between $56.5 million and $57.5 million.

Adjusted earnings are expected to be between 7 cents and 8 cents per share for the second quarter of fiscal 2027.

For fiscal 2027, revenues are forecasted to be between $1.265 billion and $1.275 billion, indicating year-over-year growth of 18-19%.

The company expects adjusted income from operations to be in the range of $239-$244 million.

Adjusted earnings are expected to be between 30 cents and 34 cents per share for fiscal 2027.

How Have Estimates Been Moving Since Then?Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions.

VGM ScoresAt this time, SailPoint, Inc. has a nice Growth Score of B, a grade with the same score on the momentum front. However, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook SailPoint, Inc. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerSailPoint, Inc. belongs to the Zacks Internet - Software industry. Another stock from the same industry, Samsara Inc. (IOT - Free Report) , has gained 11.6% over the past month. More than a month has passed since the company reported results for the quarter ended April 2026.

Samsara Inc. reported revenues of $478.84 million in the last reported quarter, representing a year-over-year change of +30.5%. EPS of $0.17 for the same period compares with $0.11 a year ago.

Samsara Inc. is expected to post earnings of $0.17 per share for the current quarter, representing a year-over-year change of +41.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -13.5%.

The overall direction and magnitude of estimate revisions translate into a Zacks Rank #2 (Buy) for Samsara Inc.. Also, the stock has a VGM Score of D.

SAIL's ARR growth, raised fiscal 2027 outlook and AI identity push support its case, but valuation and SaaS timing keep caution in focus.

Key Takeaways SailPoint's growth is increasingly SaaS-led as total ARR rose 26% to $1.163B in the fiscal first quarter.Non-human identities drove 40% of identity growth, while AI capabilities reached about 10% of customers.SailPoint still has about $350M of on-premise ARR to migrate, with only 10% expected in fiscal 2027. SailPoint (SAIL - Free Report) is trying to broaden its role in enterprise security as identity expands beyond employees to machines, contractors and AI agents. That shift gives SailPoint a larger opportunity, but it also makes execution more complicated. SaaS adoption, AI-related demand and on-premise migrations are all moving together, creating a growth story with timing risk.

SailPoint’s platform is built around identity governance, with Identity Security Cloud and IdentityIQ serving as its core offerings. The company helps enterprises manage lifecycle events, certify access, enforce least-privilege controls and analyze risk across complex systems.

The strategic role is getting broader. SailPoint now frames identity as a control plane for human and non-human identities, including machine identities and AI agents. That matters for large enterprises and government accounts that need auditable access controls across cloud, legacy and custom applications.

SAIL Growth is Being Led by SaaS ARRSailPoint’s growth engine is increasingly SaaS-driven. Total annual recurring revenue reached $1.163 billion in the first quarter of fiscal 2027, up 26% year over year, while SaaS annual recurring revenue rose 36% to $781 million.

SaaS represented 92% of net new annual recurring revenue in the quarter, compared with 69% a year earlier. Dollar-based net retention held at 113%, showing that existing customers continue to expand usage and add capabilities.

For second-quarter fiscal 2027, SailPoint expects revenues between $308 million and $312 million, indicating year-over-year growth of 17-18%. Adjusted earnings are expected to be between 7 cents and 8 cents per share for the second quarter of fiscal 2027.

SailPoint AI Push is Becoming More TangibleAI is no longer just a product narrative for SailPoint. Non-human identities accounted for 40% of identity growth in the first quarter of fiscal 2027 and represented 14% of all identities managed in the company’s cloud offering. Management said about 10% of customers had adopted AI capabilities. Agentic Fabric and related launches are aimed at discovering AI agents, mapping ownership, enforcing authorization, securing prompts and monitoring behavior. Okta (OKTA - Free Report) , Cisco Systems (CSCO - Free Report) and Microsoft (MSFT - Free Report) are other identity-focused companies investors may watch in this context.

Microsoft is SailPoint’s most significant competitor through its Microsoft Entra portfolio, which includes Entra ID, Identity Governance, Privileged Identity Management (PIM) and Conditional Access. Microsoft’s biggest advantage is its massive installed base of Microsoft 365 and Azure customers, allowing it to bundle identity governance with productivity, cloud and security offerings at attractive pricing.

Meanwhile, following the acquisition of Splunk and continued investment in cybersecurity, Cisco has strengthened its identity-focused security capabilities through Cisco Duo and its broader Zero Trust platform. Duo provides multi-factor authentication, device trust, adaptive access and identity verification, while Cisco integrates identity signals with networking and security operations.

Okta’s outlook is supported by steady demand for identity security, an expanding installed base, and rising attach of newer products such as Identity Governance, Privileged Access, and posture and threat capabilities. Management’s agent-focused roadmap and broad partner ecosystem keep Okta relevant as enterprises secure non-human identities and deploy AI workflows across multiple platforms.

SailPoint shares have dropped 18% year to date, outperforming Microsoft’s fall of 18.7%, while Okta and Cisco shares have returned 74.1% and 46.7%, respectively.

SAIL Stock’s Price Performance
Image Source: Zacks Investment Research

SAIL Migration Opportunity Still Has FrictionThe migration opportunity remains a major swing factor. SailPoint still has about $350 million of on-premise annual recurring revenue available for migration, and management has pointed to a typical 2-3 times uplift when customers move to SaaS and add capabilities.

The challenge is timing. These migrations can be complex, especially for large enterprises with legacy infrastructure and regulatory requirements. SailPoint expects only about 10% of its on-premise base to migrate in fiscal 2027, leaving a long runway but also making execution discipline important.

SailPoint Margins and Cash Flow Add SupportGrowth is not coming at the expense of operating discipline. Adjusted operating margin improved to 13.5% in the first quarter of fiscal 2027 from 10.2% a year earlier.

Cash generation also improved the setup. SailPoint delivered $38 million in operating cash flow and $33 million in free cash flow during the quarter. Management also raised fiscal 2027 targets for annual recurring revenue, revenues and adjusted operating margin.

ConclusionThe bottom line is that SailPoint has a credible growth story tied to SaaS adoption, AI identity governance and enterprise migrations. Still, the pace of on-premise conversions and the revenue-recognition effects of the SaaS shift keep the near-term setup balanced.

SAIL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.