SAIL SailPoint, Inc.

Price Chart

Executive Summary

Roth Capital initiated coverage on SailPoint, Inc. (SAIL) with a Buy rating and a $19 price target, representing 40.7% upside from the current $13.50. The firm has a 56% accuracy rate on 295 calls and an average return of 9.5%, placing it above most peers covering the stock. Consensus is heavily bullish: 25 of 29 analysts rate it Buy (86%), 3 Hold, and 1 Sell. The mean price target is $18.48, with a high of $25 and low of $14. Roth's $19 target sits slightly above the median of $18. Momentum is positive — 1 upgrade in 30 days, 0 downgrades, and EPS revisions are mixed but tilted upward for near-term quarters. Insider selling of ~$2M in April by multiple executives (including the CEO) diverges from the bullish analyst signal, but institutional activity shows strong buying from Norges Bank (new $235M position) and Morgan Stanley (+32%). Short interest is elevated at 59.1% of float, suggesting potential for a squeeze if positive catalysts emerge. Bottom line: Roth's initiation adds a high-accuracy voice to an already bullish consensus, but the heavy insider selling and extreme short interest warrant caution — traders should watch for a catalyst to break the stalemate.

Impact Score

Consensus & Targets

Consensus is 86% Buy (25 of 29 analysts: 8 Strong Buy, 17 Buy), 10% Hold (3 analysts), and 3% Sell (1 analyst). The direction is overwhelmingly bullish, with Roth's initiation reinforcing the positive view.

Current price: $13.50. Mean target: $18.48, median: $18.00, high: $25.00, low: $14.00. Implied upside to mean is 36.9%. Roth's $19 target is slightly above the median and in line with the bullish consensus.

Recent Analyst Activity

30-day analyst activity: 1 upgrade (Roth's initiation), 0 downgrades. EPS revisions are mixed: +1q has 8 revisions up and 0 down in 7 days; 0q has 0 up and 9 down in 30 days. Near-term estimates are being revised higher, while the current quarter is seeing downward pressure.

Firm Track Record — Roth Capital

Roth Capital accuracy: 56% on 295 calls | avg return: 9.5%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 10 firms with ≥5 scored calls.

Roth Capital has a 56% accuracy rate on 295 calls with an average return of 9.5%, ranking above most firms covering SAIL. Among peers, Jefferies (50% on 2 calls) and BMO Capital (33% on 3) trail. The best-performing firm by return is Jefferies (+7.7%), while Scotiabank is the worst (-17.4% on 2 calls).

Earnings Estimates

Cross-Platform Signals

Insider trading: 5 sells totaling ~$2M on April 9, 2026, by executives including the CEO (McClain Mark D., $1M) and CTO (Schmitt Christopher, $205K). This is a bearish divergence from the bullish analyst signal. Institutional activity is strongly bullish: Norges Bank opened a new $235M position, Morgan Stanley added 32% ($7.4M), and Wells Fargo doubled its stake ($879K). FMR LLC nearly exited (-93% and -86% in two funds). Short interest is 59.1% of float, extremely high, indicating heavy bearish positioning. No congressional trades.

Documents Analyzed

Report based on filing metadata.

US Market Status