🟢 SailPoint is trading 13.4% up today after raising fiscal 2027 ARR outlook

SailPoint is trading 13.4% up now at $19.57 after investors continued digesting September 9 fiscal second-quarter results and a raised fiscal 2027 ARR outlook.

• ARR reached $1.231 billion, up 25% year over year; SaaS ARR grew 36%.
• Management raised its fiscal 2027 ARR outlook to $1.38 billion while maintaining approximately $1.27 billion in revenue guidance.
• Broader markets are lower, suggesting a company-specific earnings and AI-growth reaction.