Sprinklr (NYSE:CXM) Price Target Cut to $6.00 by Analysts at Citigroup

Sprinklr (NYSE:CXMGet Free Report) had its price objective reduced by Citigroup from $7.00 to $6.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s target price would suggest a potential upside of 12.89% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. DA Davidson reduced their price objective on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday. Weiss Ratings cut shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 30th. Morgan Stanley decreased their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Finally, Rosenblatt Securities lowered their price objective on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Sprinklr currently has an average rating of “Reduce” and a consensus target price of $7.69.

View Our Latest Stock Analysis on CXM

Sprinklr Stock Down 2.5%

Shares of CXM traded down $0.14 during trading hours on Thursday, reaching $5.32. 2,075,728 shares of the company traded hands, compared to its average volume of 3,371,898. Sprinklr has a 12-month low of $4.72 and a 12-month high of $9.40. The stock has a market capitalization of $1.32 billion, a P/E ratio of 59.06 and a beta of 0.59. The business has a fifty day moving average price of $5.44 and a 200-day moving average price of $6.28.

Sprinklr (NYSE:CXMGet Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The company had revenue of $219.48 million for the quarter, compared to the consensus estimate of $215.89 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The firm’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $0.12 EPS. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, research analysts predict that Sprinklr will post 0.22 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CTO Amitabh Misra sold 34,189 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $5.85, for a total value of $200,005.65. Following the completion of the sale, the chief technology officer owned 970,753 shares in the company, valued at $5,678,905.05. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 25.18% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

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

Sprinklr News Summary

Here are the key news stories impacting Sprinklr this week:

  • Positive Sentiment: Sprinklr reported first-quarter fiscal 2027 EPS of $0.11 and revenue of $219.48 million, both above analyst expectations, with revenue up 6.8% year over year. MarketBeat earnings report
  • Positive Sentiment: The company highlighted continued AI expansion and revenue growth in its earnings call, which supports the long-term growth narrative. Yahoo Finance article
  • Neutral Sentiment: Rosenblatt Securities cut its price target to $8.50 from $12.00 but kept a buy rating, suggesting upside remains despite a more cautious valuation view. Benzinga report
  • Neutral Sentiment: DA Davidson lowered its price target to $6.00 from $6.25 and maintained a neutral rating, reflecting tempered expectations after the earnings update. Benzinga report
  • Negative Sentiment: Sprinklr’s second-quarter guidance came in slightly below consensus for both EPS and revenue, and the full-year revenue outlook was also a bit below Wall Street estimates, which appears to be weighing on the shares. Business Wire release
  • Negative Sentiment: Commentary such as “No Confidence Amid Guidance Cut” indicates investor concern that the company’s near-term growth outlook may not justify a stronger rerating yet. Seeking Alpha article

Sprinklr Company Profile

(Get Free Report)

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.

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