TD Cowen Reiterates Buy on SailPoint (SAIL) Ahead of Q3 Earnings

SailPoint, Inc. (NASDAQ:SAIL) ranks among the best abbreviated compression stocks to bargain close now. On November 18, TD Cowen reiterated its Buy standing and $30 terms people for SailPoint Technologies Holdings (NASDAQ:SAIL), up of the company’s third-quarter net study connected December 9. The steadfast anticipates SailPoint to transcend its blimpish projection of $49 cardinal successful nett caller yearly recurring gross (NNARR), representing a 6% year-over-year increase.

In its Q2 net report, SailPoint, Inc. (NASDAQ:SAIL) revealed that it expects Q3 gross betwixt $269 cardinal and $271 million, with recurring gross increasing 26% to 27% year-over-year. SailPoint, Inc. (NASDAQ:SAIL) besides boosted its FY2026 guidance connected each large metrics. It present anticipates gross betwixt the $1.052 cardinal and $1.058 cardinal range, ARR betwixt $1.105 cardinal and $1.115 billion, and adjusted net per stock (non-GAAP) astir $0.20 and $0.22.

According to TD Cowen’s analysis, determination is inactive important request for vendors who supply broad individuality governance solutions, which are indispensable to SailPoint’s concern model.

​SailPoint, Inc. (NASDAQ:SAIL) provides endeavor individuality information solutions by unifying individuality information crossed employees, contractors, machines, and AI agents. The company’s products includes individuality information cloud, atlas, connectivity and integrations, and identityIQ bundle platforms.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.