Scotiabank has initiated coverage on SailPoint Inc (SAIL) with a Sector Outperform rating as of September 2, 2025. This marks the firm's first assessment of the company's investment potential, reflecting its analysis of SailPoint's business model, industry dynamics, and growth prospects.
SailPoint, headquartered in Austin, Texas, specializes in identity security solutions for enterprises. The company provides a comprehensive platform that unifies identity data across various systems and types, including employee, non-employee, machine identities, and AI agents. As of November 20, 2025, SailPoint holds a market capitalization of $10.3 billion and has an earnings per share (EPS) of -0.64.
Upcoming earnings reports are scheduled for December 9, 2025, with an EPS estimate of $0.06 and revenue of $275.7 million, followed by March 19, 2026, where EPS is expected to reach $0.08 on revenues of $296.5 million. Recent performance showed a Q2 2026 EPS of $0.07, exceeding estimates by 62%.
Analyst consensus indicates a positive outlook, with 8 Strong Buy, 14 Buy, 4 Hold, and 1 Sell ratings among 27 analysts as of November 1, 2025. This update provides insight into the growing interest in SailPoint's identity security offerings amid evolving market demands.