Analysts Set Sprinklr, Inc. (NYSE:CXM) PT at $8.31

Sprinklr, Inc. (NYSE:CXM) has been assigned an average rating of “Reduce” from the nine research firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $8.2813.

Several research firms have commented on CXM. Morgan Stanley decreased their target price on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, March 16th. Citizens Jmp reduced their price target on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. DA Davidson decreased their price objective on shares of Sprinklr from $6.50 to $6.25 and set a “neutral” rating on the stock in a research note on Friday. Citigroup reduced their target price on Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a report on Thursday, March 12th. Finally, Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th.

Insider Buying and Selling

In other news, CTO Amitabh Misra sold 34,189 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the sale, the chief technology officer directly owned 970,753 shares in the company, valued at approximately $5,678,905.05. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Rory P. Read sold 87,795 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $526,770.00. Following the transaction, the chief executive officer owned 1,506,270 shares of the company’s stock, valued at approximately $9,037,620. This represents a 5.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 201,081 shares of company stock worth $1,203,287. 60.53% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sprinklr

Several hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Sprinklr by 2.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after purchasing an additional 2,478 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Sprinklr by 4.6% during the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after purchasing an additional 25,609 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of Sprinklr during the first quarter worth about $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock valued at $2,177,000 after buying an additional 10,136 shares during the period. Finally, American Century Companies Inc. raised its holdings in Sprinklr by 166.9% in the 2nd quarter. American Century Companies Inc. now owns 171,746 shares of the company’s stock valued at $1,453,000 after buying an additional 107,394 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Trading Down 3.2%

Shares of CXM stock opened at $5.28 on Thursday. The stock has a market cap of $1.31 billion, a P/E ratio of 58.62 and a beta of 0.73. Sprinklr has a 1 year low of $5.12 and a 1 year high of $9.40. The stock has a 50 day simple moving average of $5.74 and a 200 day simple moving average of $6.79.

Sprinklr (NYSE:CXM) last posted its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $220.59 million for the quarter, compared to analyst estimates of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company’s revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the company earned $0.10 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Analysts forecast that Sprinklr will post 0.22 EPS for the current year.

Sprinklr Company Profile

Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.