SailPoint, Inc. (SAIL) AI Stock Analysis

SailPoint, Inc. delivers solutions to enable identity security for the enterprise internationally. Its offerings help organizations establish, control, and automate policies to maintain security and meet regulatory compliance across data, applications, employee, non-employee, and machine identities. The company provides Identity Security Cloud, a cloud-based solution to discover, manage, and secure enterprise identity types and infrastructure, and IdentityIQ, a customer-hosted solution. It also offers the SailPoint platform to unify identity, data, and security intelligence in real time. Founded in 2005 and based in Austin, Texas, SailPoint serves financial services, media, healthcare, life sciences, energy, technology, government agencies, and public universities.

SailPoint generated a 5-year revenue CAGR of 24.0% from FY2021 to FY2026. Annual revenue climbed from $450.0M in FY2022 to $552.8M in FY2023, $699.6M in FY2024, $861.6M in FY2025, and $1.07B in FY2026. Gross margin stood at 64.5% in both FY2025 and FY2026. However, operating margin remained negative over the period, registering -28.7% in FY2026 alongside net income of -$270.1M, though FY2026 EPS reached $0.24. Operating cash flow improved to $70.6M in FY2026 from -$106.4M in FY2025. In the latest quarter ended July 31, 2026, quarterly revenue growth was 16.8% year-over-year, contributing to trailing twelve month revenue of $1.17B and an operating margin of -18.9%.

As of July 31, 2026, SailPoint held $309.9M in cash and short-term investments against total debt of $5.9M, leaving net cash at $304.0M. The company reported a current ratio of 1.23, total assets of $7.58B, and shareholders' equity of $6.86B, resulting in a debt-to-equity ratio of 0.00. In FY2026, capital expenditures were $18.8M, supporting positive free cash flow of $51.8M. Over five years, the company's share count expanded by 510.7%.

At a last close of $18.75 on October 16, 2026, SailPoint traded at an enterprise value of $11.94B and a market cap of $10.70B. Its price-to-sales ratio was 9.2x, above the 2.8x median of its US-listed Technology peers. Its forward P/E stood at 67.1x compared to the peer median of 18.8x, and its EV-to-EBITDA ratio was 770.2x against the peer median of 16.6x. The stock declined 14.8% over the past year, trailing the S&P 500 SPY return of 16.8%.

Wall Street coverage includes 14 Strong Buy, 6 Buy, 6 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target is $21.88, representing 16.7% upside versus the last close of $18.75. Consensus estimates project FY2027 revenue of $1.27B with EPS of $0.33, followed by FY2028 revenue of $1.51B and EPS of $0.40 across 27 analysts. The company beat EPS estimates in 3 of the last 4 quarters, with the next earnings release scheduled for December 8, 2026.

This page is an AI-written research summary of SailPoint, Inc. (SAIL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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