Sprinklr, Inc. (NYSE:CXM) Receives $7.79 Consensus Price Target from Analysts

Sprinklr, Inc. (NYSE:CXM) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $7.7857.

CXM has been the topic of several analyst reports. DA Davidson dropped their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Rosenblatt Securities decreased their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Citigroup lowered their price objective on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Finally, Weiss Ratings cut shares of Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 10th.

Sprinklr Stock Up 6.4%

Sprinklr stock opened at $6.05 on Friday. Sprinklr has a 52 week low of $4.72 and a 52 week high of $9.40. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 50.43 and a beta of 0.60. The stock has a 50-day moving average price of $5.41 and a 200 day moving average price of $5.71.

Sprinklr (NYSE:CXM) 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 8.13% and a net margin of 3.29%.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. Research analysts anticipate that Sprinklr will post 0.23 EPS for the current fiscal year.

Insider Activity

In related news, CTO Amitabh Misra sold 29,180 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $154,654.00. Following the sale, the chief technology officer owned 854,779 shares in the company, valued at approximately $4,530,328.70. This trade represents a 3.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rory P. Read sold 143,654 shares of Sprinklr stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $761,366.20. Following the completion of the transaction, the chief executive officer directly owned 3,419,190 shares of the company’s stock, valued at $18,121,707. The trade was a 4.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 324,295 shares of company stock valued at $1,711,168 in the last three months. Corporate insiders own 25.18% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

Institutional investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 during the period. Millennium Management LLC grew its holdings in Sprinklr by 4.6% in 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 during the period. Caxton Associates LLP acquired a new stake in Sprinklr in the first quarter valued at approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position 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 in the last quarter. 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 valued at $1,453,000 after buying an additional 107,394 shares in the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.

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.