Brokerages Set Sprinklr, Inc. (NYSE:CXM) PT at $7.79

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $7.7857.

A number of research analysts have weighed in on the stock. Rosenblatt Securities reduced their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research report on Thursday, June 4th. DA Davidson dropped 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, June 4th. Citigroup cut their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Finally, Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th.

Read Our Latest Stock Report on Sprinklr

Sprinklr Price Performance

Sprinklr stock opened at $7.39 on Wednesday. The stock’s 50-day moving average is $5.93 and its 200-day moving average is $5.69. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 61.58 and a beta of 0.58. Sprinklr has a 12 month low of $4.72 and a 12 month high of $8.85.

Sprinklr (NYSE:CXMGet Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $219.48 million for the quarter, compared to analyst estimates of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $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. Research analysts anticipate that Sprinklr will post 0.23 EPS for the current year.

Insider Transactions at Sprinklr

In other Sprinklr news, insider Karthik Suri sold 41,852 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $5.14, for a total transaction of $215,119.28. Following the transaction, the insider owned 1,111,472 shares in the company, valued at $5,712,966.08. The trade was a 3.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Jacob Scott sold 71,585 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $6.97, for a total value of $498,947.45. Following the completion of the sale, the general counsel directly owned 576,827 shares of the company’s stock, valued at $4,020,484.19. The trade was a 11.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 395,880 shares of company stock worth $2,210,116 in the last quarter. 25.18% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd grew its position in Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after acquiring an additional 1,940 shares in the last quarter. Larson Financial Group LLC grew its holdings in Sprinklr by 24,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares in the last quarter. Essential Partners LLC increased its stake in Sprinklr by 563.7% during the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock worth $27,000 after buying an additional 3,771 shares during the period. Summit Securities Group LLC increased its stake in Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after buying an additional 3,101 shares during the period. Finally, Empowered Funds LLC acquired a new position in Sprinklr in the 4th quarter worth $38,000. Hedge funds and other institutional investors own 40.19% of the company’s stock.

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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Analyst Recommendations for Sprinklr (NYSE:CXM)

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