we are in US and talking about sailpoint inc

Understood—thanks for clarifying. You’re talking about **SailPoint Technologies Holdings, Inc.**, the former NYSE ticker **SAIL**. ### 1. Key fact: SAIL is no longer a public stock - **SailPoint (SAIL) was acquired by Thoma Bravo**, a private equity firm. - The transaction **closed in August 2022** at **$65.25 per share**, and **SAIL was delisted** from the NYSE shortly thereafter. - Since then, SailPoint has been a **private company**, not a listed US equity. **Implication for your question:** - There is **no SAIL ticker trading now**, so: - There is **no public “earnings next week”** for SAIL. - There are **no public EPS forecasts or price targets**. - Any financials are reported privately to its owner (Thoma Bravo), not to public markets. So the direct answer is: > **No, there is no upcoming public SailPoint earnings release next week, and there is no public-market forecast for SAIL anymore, because the stock is no longer listed.** --- ### 2. What SailPoint is, fundamentally (for context) Even though you can’t trade SAIL now, it’s still useful to understand the business, especially if you’re looking for **public comparables**. - SailPoint is a **leader in identity security / identity governance**: - Managing “who has access to what” across apps, data, and infrastructure. - Core products: identity governance, access certifications, role management, cloud identity security. - It sits in the **Zero Trust and cyber‑security stack**, alongside or adjacent to: - **Okta** (identity and access management), - **CyberArk** (privileged access), - **ForgeRock** (acquired by Thoma Bravo as well), - Broader security players like **Palo Alto Networks**, **Zscaler**, etc. Structurally, SailPoint operates in a **growing market**: - Strong tailwinds from: - Cloud migration, - SaaS sprawl, - Regulatory pressure on access controls, - Zero Trust architectures. - Revenue model is largely **recurring (SaaS / subscription)**, which is attractive to private equity. This is precisely the profile that makes it a classic **PE roll‑up / optimization target**: strong niche, recurring revenue, room for margin expansion. --- ### 3. “Forecast” now that it’s private – how to think about it Because SailPoint is private: - There are **no published quarterly numbers, guidance, or consensus**. - But we can infer the **likely strategic trajectory** under Thoma Bravo: 1. **Top‑line growth focus in a structurally growing market** - Continue to grow **ARR** (annual recurring revenue) via: - Expanding with current enterprise customers, - Upselling modules (data access governance, cloud identity, AI‑driven analytics), - International expansion. - The identity governance space is still underpenetrated at large enterprises; that supports **mid‑teens to 20%+ revenue growth** as a reasonable private‑equity target band. 2. **Margin and cash‑flow improvement** - Thoma Bravo typically: - Rationalizes costs (G&A, sometimes sales & marketing), - Streamlines product portfolio, - Drives operating margin higher over a 3–5 year horizon. - Expect a push toward **higher EBITDA margins and free cash flow**, even if it sacrifices some growth at the margin. 3. **Eventual exit** - Typical PE outcomes: - **Re‑IPO** as a more profitable, scaled identity‑security platform, or - **Strategic sale** (e.g., to a larger security/cloud player). - That is a **multi‑year horizon**, not a “next week earnings” story. So “forecast” in a **fundamental** sense is: - Likely **continued growth** in identity‑security demand, - Focus on **ARR expansion + margin improvement**, - But all **behind closed doors**, not in public filings. --- ### 4. What you can trade instead (if you wanted a SailPoint‑like exposure) Since you can’t buy SAIL today, you’d look at **public peers** that give you similar exposure to the identity / security theme: - **Okta (OKTA)** – identity and access management leader; more directly comparable on the identity axis. - **CyberArk (CYBR)** – privileged access and identity security. - **Zscaler (ZS)**, **Palo Alto Networks (PANW)** – broader Zero Trust / security platforms with identity‑adjacent narratives. - **Microsoft (MSFT)** and other hyperscalers – offer identity and security as part of a platform, but that’s a very diversified way to play it. Investment logic: - These names are driven by: - **ARR growth**, - **Net retention / upsell**, - **Path to or level of operating profit and free cash flow**, - Valuation: typically **EV/Sales, EV/ARR, and FCF yield**, rather than pure P/E (especially for those still normalizing margins). --- ### 5. Where this leaves your original question Reframing your question in reality: - **“How is SAIL forecast?”** → As a public equity, it **doesn’t exist anymore**, so there is **no public forecast**. - **“Would the earnings next week be positive?”** → There is **no scheduled public SailPoint earnings next week**. Any earnings releases are internal/private under Thoma Bravo. If you tell me whether you’re: - Trying to **rebuild a SailPoint‑like position** via public names, or - Evaluating **identity/security as a sector** more broadly, I can walk through the current setup for the key listed names (e.g., OKTA / CYBR / ZS / PANW)—including growth, profitability trends, and how the market is pricing their next few quarters.