Sprinklr (NYSE:CXM) Price Target Lowered to $6.00 at DA Davidson

Sprinklr (NYSE:CXMGet Free Report) had its price objective lowered by analysts at DA Davidson from $6.25 to $6.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the stock. DA Davidson’s price objective suggests a potential upside of 8.40% from the company’s current price.

Other analysts have also issued reports about the stock. Morgan Stanley decreased their price target on shares of Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Monday, March 16th. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 30th. Citigroup decreased their price target on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. Rosenblatt Securities decreased 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. Finally, Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $7.81.

Read Our Latest Stock Report on CXM

Sprinklr Trading Up 1.6%

CXM traded up $0.09 during trading on Thursday, hitting $5.54. The stock had a trading volume of 796,277 shares, compared to its average volume of 3,358,120. The firm has a market cap of $1.38 billion, a PE ratio of 61.51 and a beta of 0.59. The company has a 50 day simple moving average of $5.44 and a 200-day simple moving average of $6.28. Sprinklr has a 12 month low of $4.72 and a 12 month high of $9.40.

Sprinklr (NYSE:CXMGet Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) 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 analyst estimates of $215.89 million. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business 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. As a group, sell-side analysts anticipate that Sprinklr will post 0.22 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprinklr

In other news, CTO Amitabh Misra sold 34,189 shares of Sprinklr stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $5.85, for a total transaction 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. The trade was a 3.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 25.18% of the company’s stock.

Institutional Trading of Sprinklr

Institutional investors have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd raised its stake in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after buying an additional 1,940 shares during the last quarter. Cresset Asset Management LLC raised its stake in shares of Sprinklr by 7.6% during the third quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock worth $237,000 after buying an additional 2,169 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Sprinklr by 42.6% during the first quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock worth $44,000 after buying an additional 2,171 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Sprinklr by 2.5% during the fourth quarter. Franklin Resources Inc. now owns 91,012 shares of the company’s stock worth $708,000 after buying an additional 2,232 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in shares of Sprinklr by 2.8% during the second quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock worth $714,000 after buying an additional 2,274 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

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About Sprinklr

(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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