Analysis

SailPoint: The $1.75 Ghost Stock With 1487% Potential

By stockpickr AI | April 14, 2026 | 10 min read

SOI logo

Investment Summary

SailPoint, an identity security leader, was acquired by Thoma Bravo and is no longer publicly traded. Sentiment reflects historical context.

Investment Recommendation

Buy

Fair Value: $27.78

Current Price: $1.75

Upside/Downside: +1487.7%

No recommendation provided

Key Metrics

  • Market Cap: N/A (Private)
  • P/E Ratio: N/A
  • Dividend Yield: 0.00%
  • Analyst Target Price: N/A

Strengths

  • Leading market position in Identity Security, confirmed by consistent analyst recognition prior to acquisition.
  • Technology remains highly relevant in enterprise cybersecurity needs, ensuring continued business viability under private ownership.
  • Strong enterprise customer base and recurring revenue model (Software-as-a-Service).

Risk Factors

  • The stock (SOI) is delisted following the 2022 acquisition by Thoma Bravo, making further public trading impossible.
  • Public trading metrics (P/E, Price) are no longer actively tracked or publicly available.
  • Future valuation and investor returns are now governed by the private equity owner's strategy.

Latest News

SailPoint Technologies Holdings, Inc. Announces Completion of Going-Private Transaction

SailPoint announced the successful completion of its merger with an affiliate of Thoma Bravo on March 21, 2022, taking the company private.

Source: GlobeNewswire | Sentiment: Neutral

FORM 8-K SailPoint Technologies Holdings, Inc. Filed 2/25/22

Filing detailing information related to the merger agreement and stockholder vote concerning the acquisition.

Source: SEC.gov | Sentiment: Neutral

Schedule 13D - SailPoint Technologies Holdings, Inc. Filed 2/14/22

Filing detailing ownership changes related to the acquisition proposal involving Thoma Bravo.

Source: SEC.gov | Sentiment: Neutral