SailPoint (SAIL) shares plunged more than 16% in early trading on Wednesday, the largest drop on record, after the cybersecurity company issued a weaker-than-expected forecast for 2027. For the ...
SailPoint is downgraded to "Neutral" due to a fair valuation and slowing growth rates. SAIL trades at 9.9x EV/FY26 revenue, while competitors offer similar growth at lower multiples. Despite 24% FY26 ...