Scotiabank Has Positive Outlook of Sprinklr FY2026 Earnings

Sprinklr, Inc. (NYSE:CXMFree Report) – Analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Sprinklr in a note issued to investors on Monday, June 9th. Scotiabank analyst A. Verkhovski now expects that the company will post earnings per share of $0.15 for the year, up from their prior forecast of $0.14. Scotiabank currently has a “Sector Perform” rating and a $9.00 target price on the stock. The consensus estimate for Sprinklr’s current full-year earnings is $0.10 per share.

Sprinklr (NYSE:CXMGet Free Report) last released its quarterly earnings results on Wednesday, June 4th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.02. The business had revenue of $205.50 million during the quarter, compared to analysts’ expectations of $201.83 million. Sprinklr had a return on equity of 7.84% and a net margin of 5.59%. The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.09 EPS.

Several other research firms have also commented on CXM. Morgan Stanley increased their price objective on shares of Sprinklr from $8.00 to $10.00 and gave the company an “equal weight” rating in a research report on Thursday, June 5th. DA Davidson increased their price target on shares of Sprinklr from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, June 5th. Wells Fargo & Company boosted their price objective on Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday, June 5th. JMP Securities restated a “market outperform” rating and set a $17.00 price objective on shares of Sprinklr in a research report on Thursday, June 5th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a report on Thursday, June 5th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $10.25.

Get Our Latest Stock Analysis on CXM

Sprinklr Stock Performance

CXM stock opened at $8.56 on Thursday. The firm has a fifty day moving average price of $7.92 and a 200 day moving average price of $8.45. Sprinklr has a fifty-two week low of $6.75 and a fifty-two week high of $10.27. The firm has a market cap of $2.19 billion, a PE ratio of 53.47, a price-to-earnings-growth ratio of 2.31 and a beta of 0.81.

Institutional Trading of Sprinklr

Institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company’s stock valued at $121,065,000 after purchasing an additional 1,138,542 shares during the period. Jefferies Financial Group Inc. increased its holdings in Sprinklr by 96.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,807,400 shares of the company’s stock valued at $49,073,000 after buying an additional 2,851,106 shares during the period. Deutsche Bank AG raised its stake in Sprinklr by 2.7% in the fourth quarter. Deutsche Bank AG now owns 2,792,583 shares of the company’s stock worth $23,597,000 after buying an additional 73,405 shares in the last quarter. Norges Bank purchased a new stake in Sprinklr during the fourth quarter worth $16,477,000. Finally, Letko Brosseau & Associates Inc. lifted its holdings in Sprinklr by 1.0% during the first quarter. Letko Brosseau & Associates Inc. now owns 1,748,875 shares of the company’s stock worth $14,603,000 after buying an additional 17,275 shares during the period. 40.19% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Neeraj Agrawal sold 121,060 shares of the stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $8.74, for a total value of $1,058,064.40. Following the transaction, the director now owns 200,244 shares of the company’s stock, valued at $1,750,132.56. This represents a 37.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder R David Tabors sold 84,010 shares of the firm’s stock in a transaction on Friday, June 6th. The stock was sold at an average price of $8.65, for a total value of $726,686.50. The disclosure for this sale can be found here. Insiders have sold 897,008 shares of company stock valued at $7,835,274 in the last 90 days. Company insiders own 60.53% of the company’s stock.

Sprinklr Company Profile

(Get Free Report)

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.

See Also

Earnings History and Estimates for Sprinklr (NYSE:CXM)

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