Sprinklr (NYSE:CXM) Price Target Raised to $6.50

Sprinklr (NYSE:CXM) had its target price increased by DA Davidson from $6.00 to $6.50 in a research report released on Thursday,Benzinga reports. The firm currently has a neutral rating on the stock.

A number of other brokerages also recently issued reports on CXM. Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Cantor Fitzgerald reissued a “neutral” rating on shares of Sprinklr in a research report on Thursday. Rosenblatt Securities reissued a “buy” rating and set a $8.50 target price on shares of Sprinklr in a research report on Thursday. Morgan Stanley raised their target price on shares of Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, Citigroup lifted their price target on shares of Sprinklr from $6.00 to $8.00 and gave the stock a “neutral” rating in a report on Thursday. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $8.21.

Sprinklr Price Performance

Shares of CXM stock opened at $5.91 on Thursday. Sprinklr has a 1-year low of $4.72 and a 1-year high of $8.27. The stock’s 50-day moving average is $6.38 and its 200 day moving average is $5.80. The company has a market cap of $1.38 billion, a P/E ratio of 59.11 and a beta of 0.65.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $213.74 million for the quarter, compared to analyst estimates of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The firm’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.13 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. On average, analysts anticipate that Sprinklr will post 0.23 EPS for the current year.

Insider Buying and Selling at Sprinklr

In other news, General Counsel Jacob Scott sold 71,585 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $6.97, for a total transaction of $498,947.45. Following the transaction, the general counsel owned 576,827 shares in the company, valued at $4,020,484.19. This represents a 11.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joy Corso sold 33,635 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the completion of the transaction, the insider directly owned 1,175,616 shares of the company’s stock, valued at $6,230,764.80. The trade was a 2.78% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 395,880 shares of company stock valued at $2,210,116. Insiders own 25.18% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC grew its holdings in shares of Sprinklr by 84.9% during the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after buying an additional 3,846,652 shares during the last quarter. Private Management Group Inc. increased its position in shares of Sprinklr by 1,249.3% in the 4th quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock valued at $18,768,000 after acquiring an additional 2,233,542 shares during the period. Sea Cliff Partners Management LP raised its stake in Sprinklr by 1,174.6% in the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after acquiring an additional 1,996,792 shares during the last quarter. Norges Bank purchased a new position in Sprinklr in the 4th quarter worth $11,524,000. Finally, Goldman Sachs Group Inc. lifted its position in Sprinklr by 138.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,646,893 shares of the company’s stock worth $12,813,000 after acquiring an additional 957,149 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr News Roundup

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr reported adjusted earnings of $0.11 per share, slightly above the $0.10 consensus estimate. Morgan Stanley raised its price target from $7 to $8 while maintaining an Equal Weight rating, and DA Davidson lifted its target from $6 to $6.50 with a Neutral rating. Sprinklr Q2 earnings results
• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and $8.50 price target, implying substantial potential upside if Sprinklr can stabilize growth and improve profitability. Rosenblatt Sprinklr rating
• Neutral Sentiment: Management’s outlook calls for fiscal 2027 subscription revenue of approximately $782.5 million to $784.5 million. Analysts are focusing on the company’s artificial-intelligence adoption and its transition in services, which could support longer-term growth but have not yet produced a clear acceleration. Sprinklr fiscal 2027 outlook
• Negative Sentiment: Quarterly revenue of $213.74 million fell slightly short of the $214.45 million consensus estimate and increased only 0.8% year over year. Coverage also pointed to slowing growth, margin pressure from services, and the continued transition of the business, which are weighing on investor confidence despite the earnings beat. Sprinklr shares and Q2 revenue miss

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.