Sailpoint Inc (NASDAQ:SAIL) -14.47% Down Over The Last Seven Days. Can The Stock Hit Well Above -$2.97?

In last trading session, Sailpoint Inc (NASDAQ:SAIL) saw 2.2 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $17.55 trading at -$1.4 or -7.39% at ring of the bell on the day assigns it a market valuation of $9.77B. That closing price of SAIL’s stock is at a discount of -50.14% from its 52-week high price of $26.35 and is indicating a discount of -0.06% from its 52-week low price of $17.56. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.73 million shares which gives us an average trading volume of 3.74 million if we extend that period to 3-months.

For Sailpoint Inc (SAIL), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.64. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.

Sailpoint Inc (NASDAQ:SAIL) trade information

Upright in the red during last session for losing -7.39%, in the last five days SAIL remained trading in the red while hitting it’s week-highest on Friday, 03/28/25 when the stock touched $17.55 price level, adding 13.03% to its value on the day. Sailpoint Inc’s shares saw a change of -20.23% in year-to-date performance and have moved -14.47% in past 5-day. Sailpoint Inc (NASDAQ:SAIL) showed a performance of -25.03% in past 30-days. Number of shares sold short was 7.75 million shares which calculate 2.85 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 26 to the stock, which implies a rise of 32.5% to its current value. Analysts have been projecting 23 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would drop -31.05% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.05% for stock’s current value.

Sailpoint Inc (SAIL) estimates and forecasts

This year revenue growth is estimated to rise 19.78% from the last financial year’s standing.

11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 225.21M for the same. And 11 analysts are in estimates of company making revenue of 240.05M in the next quarter.

Sailpoint Inc (NASDAQ:SAIL)’s Major holders

Insiders are in possession of 2.64% of company’s total shares while institution are holding 85.76 percent of that, with stock having share float percentage of 88.09%. Investors also watch the number of corporate investors in a company very closely, which is 85.76% institutions for Sailpoint Inc that are currently holding shares of the company.