Wedbush analyst Daniel Ives maintained a Buy rating on SailPoint Technologies Holdings (NYSE:SAIL) Inc on Thursday, setting a price target of $55, which is approximately 35.50% above the present share price of $40.59.
Ives expects SailPoint Technologies Holdings Inc to post earnings per share (EPS) of -$0.09 for the third quarter of 2020.
The current consensus among 13 TipRanks analysts is for a Strong Buy rating of shares in SailPoint Technologies Holdings, with an average price target of $38.82.
The analysts price targets range from a high of $55 to a low of $23.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $75.44 million and a net profit of -$5.3 million. The company's market cap is $3.68 billion.
According to TipRanks.com, Wedbush analyst Daniel Ives is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.1% and a 64.78% success rate.
SailPoint Technologies Holdings, Inc. engages in the provision of enterprise identity governance solutions. It operates through the following geographical segments: United States; EMAE or Europe, the Middle East, and Africa; and Rest of the World. It also offers licensing of software, sale of professional services, maintenance, and technical support. The company was founded on August 8, 2014 and is headquartered in Austin, TX.