Sailpoint Inc Dossier
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SectorInformation Technology IndustrySoftware - Infrastructure Beta (adjusted)1.73 Intrinsic Value $22.06median of 3 methodsbased on filings through 31 Jul 2026 Market Price $20.58Price as of 1 Oct 2026 Near fair valueIntrinsic value is 7% above the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $11.7B Enterprise Value $11.4B Shares Outstanding 582.2M diluted Moat Rating None Next Earnings Date8 Dec 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary A qualitative Hold is appropriate because SailPoint combines substantial identity-security scale and high reported customer retention with an expanding human, machine, and AI identity platform. Agentic Fabric is generally available, and the completed Entro acquisition adds non-human-identity and credentials-security capabilities. However, successful native integration, customer adoption, and differentiation remain execution-dependent. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$10.00 Mean target$19.06 High · most bullish analyst$25.00 Street targets sit below today's price; our intrinsic value sits above it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario $10.0019% Entro integration and the transition toward a unified human, machine, and AI identity platform take longer than expected, while competition and rapid technological change reduce adoption or weaken customer retention. Base CaseCentral scenario $19.0658% Matches the consensus meanSailPoint maintains its reported customer durability and identity scale while integrating Entro and commercializing its unified identity-security offering. Bull CaseUpside scenario $25.0023% Agentic Fabric, Human Fabric, and Entro develop into a differentiated unified control plane for human, machine, and AI identities. Existing customer retention and governed-identity scale support adoption of the broader platform. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |