Sprinklr (NYSE:CXM) Shares Gap Up Following Better-Than-Expected Earnings

Sprinklr, Inc. (NYSE:CXMGet Free Report) gapped up before the market opened on Wednesday following a better than expected earnings announcement. The stock had previously closed at $5.62, but opened at $5.90. Sprinklr shares last traded at $5.9390, with a volume of 752,307 shares.

The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $220.59 million for the quarter, compared to analyst estimates of $216.93 million. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The business’s revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS.

Trending Headlines about Sprinklr

Here are the key news stories impacting Sprinklr this week:

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research note on Friday, January 16th. Weiss Ratings lowered Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, February 26th. Cantor Fitzgerald reissued a “neutral” rating and set a $8.00 price target on shares of Sprinklr in a research report on Wednesday, December 3rd. Wall Street Zen lowered Sprinklr from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, DA Davidson restated a “neutral” rating and issued a $9.00 price objective on shares of Sprinklr in a report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $9.89.

Check Out Our Latest Stock Report on Sprinklr

Insider Buying and Selling

In other Sprinklr news, CTO Amitabh Misra sold 9,099 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total transaction of $70,790.22. Following the completion of the sale, the chief technology officer owned 584,627 shares in the company, valued at $4,548,398.06. This represents a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Rory P. Read sold 138,505 shares of the stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $7.13, for a total value of $987,540.65. Following the sale, the chief executive officer directly owned 1,672,108 shares in the company, valued at $11,922,130.04. This trade represents a 7.65% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 456,261 shares of company stock valued at $3,150,245 over the last ninety days. Company insiders own 60.53% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. grew its position in shares of Sprinklr by 2,385.5% in the 3rd quarter. Pacer Advisors Inc. now owns 694,200 shares of the company’s stock worth $5,359,000 after buying an additional 666,270 shares during the last quarter. Jefferies Financial Group Inc. boosted its stake in Sprinklr by 31.6% in the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock valued at $39,610,000 after acquiring an additional 1,125,000 shares in the last quarter. Norges Bank acquired a new stake in Sprinklr in the second quarter valued at approximately $10,310,000. CenterBook Partners LP grew its holdings in Sprinklr by 212.2% in the second quarter. CenterBook Partners LP now owns 503,304 shares of the company’s stock worth $4,258,000 after purchasing an additional 342,068 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its position in shares of Sprinklr by 41.8% during the third quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock worth $8,273,000 after purchasing an additional 315,953 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Stock Up 6.1%

The business has a 50-day moving average price of $6.35 and a 200-day moving average price of $7.24. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 14.15 and a beta of 0.78.

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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