SAIL

SailPoint, Inc. (SAIL) was taken private by Thoma Bravo in August 2022, re-listed on the NYSE in May 2024, and now trades on the Nasdaq Global Select Market. In Q1 2027 (reported March 2026), revenue rose 22% year-over-year, and full-year guidance was raised, but EPS missed expectations and a cautious Q2 profit outlook led to a stock drop of over 15%. For Q2 2027 (reported September 9, 2026), EPS of $0.09 exceeded expectations, revenue grew 17% year-over-year to $308.8 million (slightly missing consensus), and ARR grew 25% to $1.231 billion (beating expectations), with AI-driven ARR surpassing $70 million. The stock rallied due to strong Q2 results and raised full-year guidance, driven by accelerating AI-driven identity security demand. Following the Q2 report, multiple sell-side analysts raised price targets in September 2026, citing durable identity-security demand and an expanding agentic AI pipeline, though some noted decelerating growth and steep valuation. SailPoint completed the acquisition of Entro Security in July 2026 to enhance its offerings. Insiders sold shares worth approximately $7.81 million in the three months leading up to September 2026, with significant selling also in October 2025. The stock was up 6.33% in the 30 days leading up to September 21, 2026, but was down 20.52% between September 15, 2025, and September 11, 2026.