Amerx Initiates Coverage of SailPoint at Hold
Fintel reports that on October 8, 2026, Amerx initiated coverage of SailPoint (NASDAQGS:SAIL) (DB:F0V) with a Hold recommendation.
The pre-action close for SailPoint on October 7, 2026, was $19.58, which also represents the latest close on that date. The stock experienced a price change of -3.83% over one week, relative to a baseline close of $20.36 on September 30, 2026. Over a one-month period, the price change was +4.04%, measured against a baseline close of $18.82 on September 4, 2026.
Separate from the individual action by Amerx, aggregate consensus target data as of October 2, 2026, shows a current consensus target mean of $21.50 and a median of $22.44. This mean target represents an implied change of +9.83%. The prior consensus target mean was $21.21 as of September 15, 2026, representing a consensus target revision of +1.40%.
In terms of broader analyst recommendations, the current recommendation period starting September 1, 2026, shows a total of 31 recommendations, consisting of 7 strong buy, 17 buy, 6 hold, 1 sell, and 0 strong sell recommendations. This translates to 77.4% positive, 19.4% hold, and 3.2% negative recommendations. In the prior recommendation period starting August 1, 2026, there were 30 total recommendations, including 7 strong buy, 17 buy, 5 hold, 1 sell, and 0 strong sell recommendations, representing 80.0% positive, 16.7% hold, and 3.3% negative recommendations.
SailPoint last reported earnings on September 9, 2026. The company reported actual earnings per share (EPS) of 0.09, compared to the EPS estimate of 0.0812, which is an EPS surprise of +10.84%. Actual revenue for the quarter was $308,813,000.00, compared to the estimated revenue of $316,451,940.00.
On October 8, 2026, there were 2 same-day analyst actions, including 0 upgrades, 0 downgrades, 1 initiation, and 1 maintained rating. Baird maintained its Outperform rating on SailPoint on the same day. Other recent rating actions include Oppenheimer initiating coverage with an Outperform rating on October 7, 2026, and Scotiabank maintaining its Sector Outperform rating on October 5, 2026. Prior to these, Keybanc initiated coverage with a Sector Weight rating on October 2, 2026, Truist Securities maintained a Buy rating on September 24, 2026, and B of A Securities maintained a Neutral rating on September 18, 2026.
Recent analyst actions
| Date | Analyst | Prior | Latest recommendation | Action |
|---|---|---|---|---|
| October 8, 2026 | Amerx | Hold | initiated coverage | |
| October 8, 2026 | Baird | Outperform | Outperform | maintained |
| October 7, 2026 | Oppenheimer | Outperform | initiated coverage | |
| October 5, 2026 | Scotiabank | Sector Outperform | Sector Outperform | maintained |
| October 2, 2026 | Keybanc | Sector Weight | initiated coverage | |
| September 24, 2026 | Truist Securities | Buy | Buy | maintained |
| September 18, 2026 | B of A Securities | Neutral | Neutral | maintained |
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This story originally appeared on Fintel.