
SailPoint Inc (SAIL) Stock Forecast & Price Target
SailPoint Inc (SAIL) Analyst Ratings
Bulls say
SailPoint Inc is positioned to outpace the identity security market with an expected annual revenue growth rate exceeding the mid-teens, bolstered by a robust SaaS offering that has led to a significant increase in annual recurring revenue (ARR), showcasing a rise in dollar-based net revenue retention (DBNR) from 110% to 114% within a year. The company's SaaS contracts have contributed approximately 75% of new incremental ARR over the last twelve months, reflecting a shift in revenue model that enhances financial stability and growth potential. Additionally, anticipated growth in both SaaS and non-SaaS segments generates positive expectations for sustained ARR expansion, with projections indicating over 30% year-over-year SaaS ARR growth over the next eight quarters, further signaling strong operational execution and market demand for SailPoint's comprehensive identity security solutions.
Bears say
SailPoint's forecasted free cash flow (FCF) margins of approximately 14% for FY27 are lower than both high growth and security comparison groups, reflecting potential difficulties in scaling profitability amid changing market dynamics. The anticipated decline in fully on-premises Identity Governance and Administration (IGA) deployments, predicted to drop to about 20% by CY25, suggests a shift that may challenge SailPoint's traditional revenue streams. Furthermore, the company's expected $26 million decrease in maintenance revenue over the next two years, coupled with minimal new logo growth for its Security Verify services, raises concerns about sustained revenue growth and operational execution moving forward.
This aggregate rating is based on analysts' research of SailPoint Inc and is not a guaranteed prediction by Public.com or investment advice.
SailPoint Inc (SAIL) Analyst Forecast & Price Prediction
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