Citigroup initiated coverage on SailPoint with a new price target
$SAIL
Computer Software: Prepackaged Software
Technology
Citigroup initiated coverage of SailPoint with a rating of Sell and set a new price target of $35.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/6/2022 | $65.25 | Equal Weight → Overweight | Wells Fargo |
| 4/5/2022 | $63.00 | Overweight | KeyBanc Capital Markets |
| 3/1/2022 | $35.00 → $40.00 | Sell | Citigroup |
| 3/1/2022 | $70.00 → $60.00 | Outperform | Wedbush |
| 3/1/2022 | $55.00 → $45.00 | Hold | Loop Capital |
| 3/1/2022 | $50.00 → $57.00 | Buy | Canaccord Genuity |
| 3/1/2022 | $55.00 → $59.00 | Outperform | RBC Capital |
| 3/1/2022 | $45.00 → $55.00 | Overweight | Wells Fargo |
SC 13G/A - Sailpoint Technologies Holdings, Inc. (0001627857) (Subject)
SC 13G/A - Sailpoint Technologies Holdings, Inc. (0001627857) (Subject)
SC 13G/A - Sailpoint Technologies Holdings, Inc. (0001627857) (Subject)
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- MACOM Technology Solutions Holdings Inc. (NASD: MTSI) will replace SailPoint Technologies Holdings Inc. (NYSE:SAIL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, August 17. Thoma Brava is acquiring SailPoint Technologies Holdings in a deal expected to be completed soon pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector August 17, 2022 S&P MidCap 400 Addition MACOM Technology Solutions Holdings MTSI Information Technology S&P MidCap 400 Deletion SailPoint Technologie
Total ARR of $429.5 million, up 47% year-over-year Second quarter 2022 subscription revenue of $92.3 million, up 43% year-over-year Second quarter 2022 total revenue of $134.3 million, up 31% year-over-year SailPoint Technologies Holdings, Inc. (NYSE:SAIL) ("SailPoint," the "Company" or "we"), the leader in identity security, today announced financial results for the second quarter ended June 30, 2022. "The SailPoint team executed well to address the consistently strong global demand we continue to see in our business, delivering 47% total ARR growth and 83% SaaS revenue growth in Q2. We believe this demand is largely driven by broad recognition from global enterprises in our identi
SailPoint Technologies Holdings, Inc. (NYSE:SAIL), the leader in identity security for the modern enterprise, will report its second quarter 2022 financial results after the US markets close on Tuesday, August 9, 2022. In light of the Company's pending acquisition by Thoma Bravo, there will not be a conference call or live webcast to discuss those financial results. About SailPoint SailPoint is the leader in identity security for the modern enterprise. Harnessing the power of AI and machine learning, SailPoint automates the management and control of access, delivering only the required access to the right identities and technology resources at the right time. Our sophisticated identity p
Total ARR of $429.5 million, up 47% year-over-year Second quarter 2022 subscription revenue of $92.3 million, up 43% year-over-year Second quarter 2022 total revenue of $134.3 million, up 31% year-over-year SailPoint Technologies Holdings, Inc. (NYSE:SAIL) ("SailPoint," the "Company" or "we"), the leader in identity security, today announced financial results for the second quarter ended June 30, 2022. "The SailPoint team executed well to address the consistently strong global demand we continue to see in our business, delivering 47% total ARR growth and 83% SaaS revenue growth in Q2. We believe this demand is largely driven by broad recognition from global enterprises in our identi
SailPoint Technologies Holdings, Inc. (NYSE:SAIL), the leader in identity security for the modern enterprise, will report its second quarter 2022 financial results after the US markets close on Tuesday, August 9, 2022. In light of the Company's pending acquisition by Thoma Bravo, there will not be a conference call or live webcast to discuss those financial results. About SailPoint SailPoint is the leader in identity security for the modern enterprise. Harnessing the power of AI and machine learning, SailPoint automates the management and control of access, delivering only the required access to the right identities and technology resources at the right time. Our sophisticated identity p
Total ARR of $394.7 million, up 46% year-over-year First quarter 2022 subscription revenue of $85.6 million, up 44% year-over-year First quarter 2022 total revenue of $115.4 million, up 27% year-over-year SailPoint Technologies Holdings, Inc. (NYSE:SAIL) ("SailPoint," the "Company" or "we"), the leader in identity security, today announced financial results for the first quarter ended March 31, 2022. "SailPoint delivered another excellent quarter, highlighted by 46% total ARR growth and 44% subscription revenue growth. The strong performance was driven by our sales execution and demand from global enterprises that recognize the strategic role identity security plays in securing thei
Wells Fargo upgraded SailPoint from Equal Weight to Overweight and set a new price target of $65.25
KeyBanc Capital Markets initiated coverage of SailPoint with a rating of Overweight and set a new price target of $63.00
Citigroup reiterated coverage of SailPoint with a rating of Sell and set a new price target of $40.00 from $35.00 previously
4 - Sailpoint Technologies Holdings, Inc. (0001627857) (Issuer)
4 - Sailpoint Technologies Holdings, Inc. (0001627857) (Issuer)
4 - Sailpoint Technologies Holdings, Inc. (0001627857) (Issuer)
15-12G - Sailpoint Technologies Holdings, Inc. (0001627857) (Filer)
S-8 POS - Sailpoint Technologies Holdings, Inc. (0001627857) (Filer)
8-K - Sailpoint Technologies Holdings, Inc. (0001627857) (Filer)
SailPoint Technologies Holdings, Inc. (NYSE:SAIL), the leader in enterprise identity security, today announced the appointment of Sudhakar Ramakrishna to the SailPoint Board of Directors, effective on June 14, 2021. The Board determined that Mr. Ramakrishna is independent, a term defined under the listing standards of the New York Stock Exchange. "We are very pleased to have Sudhakar Ramakrishna joining SailPoint's Board of Directors," said SailPoint CEO and Founder Mark McClain. "As a global technology leader with over two decades of experience in cloud, security, and collaboration markets, Sudhakar will bring deep technology and business expertise which will serve SailPoint well. With th
Industry veteran hired to support continued growth and accelerated pivot towards SaaS SailPoint Technologies Holdings, Inc. (NYSE:SAIL), the leader in enterprise identity security, today announced the appointment of Wendy Wu as Chief Marketing Officer. Wendy's appointment will build on a period of strong demand for SailPoint's Identity Platform and support SailPoint's continued growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210525005523/en/Wendy Wu, CMO, SailPoint (Photo: Business Wire) "Wendy is a savvy, growth-focused marketing leader, and we're thrilled to welcome her aboard," said Matt Mills, President, Worldwide Fie
AUSTIN, Texas--(BUSINESS WIRE)--SailPoint Technologies Holdings, Inc. (NYSE: SAIL), the leader in enterprise identity security, today announced the appointment of Heather Gantt-Evans as the company’s new Chief Information Security Officer (CISO). In this role, Heather will be responsible for the overall cybersecurity of SailPoint’s products, systems, and data as the company continues its global expansion. “As SailPoint continues to grow, we are looking at our next-generation cybersecurity strategy. Heather brings an impressive depth of cyber transformation and security experience to the role,” said Grady Summers, EVP Product, SailPoint. “Given her security experience in the milit
SailPoint Technologies (NYSE:SAIL) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:15 PM. Here's what investors need to know about the announcement. Earnings SailPoint Technologies beat estimated earnings by 77.78%, reporting an EPS of $-0.02 versus an estimate of $-0.09. Revenue was up $31.80 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.02 which was followed by a 0.49% drop in the share price the next day. Here's a look at SailPoint Technologies's past performance: Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021 EPS Estimate -0.11 -0.06 -0.06 -0.06 E
SailPoint Technologies (NYSE:SAIL) reported quarterly losses of $(0.02) per share which beat the analyst consensus estimate of $(0.09) by 77.78 percent. The company reported quarterly sales of $134.28 million which beat the analyst consensus estimate of $123.48 million by 8.75 percent. This is a 31.03 percent increase over sales of $102.49 million the same period last year.
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