Sprinklr’s (CXM) “Buy” Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reaffirmed their buy rating on shares of Sprinklr (NYSE:CXM) in a report published on Thursday morning,Benzinga reports. The brokerage currently has a $12.00 price objective on the stock.

Several other equities analysts have also recently issued reports on CXM. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sprinklr in a report on Wednesday, October 8th. Citigroup dropped their price target on Sprinklr from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, November 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $8.00 price target on shares of Sprinklr in a research note on Wednesday. Wall Street Zen cut shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Barclays dropped their target price on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, September 3rd. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.90.

Sprinklr Stock Down 1.6%

Shares of NYSE CXM opened at $7.78 on Thursday. The stock has a market capitalization of $1.90 billion, a price-to-earnings ratio of 18.51 and a beta of 0.78. Sprinklr has a 52 week low of $6.75 and a 52 week high of $9.69. The firm has a 50-day moving average price of $7.52 and a 200 day moving average price of $8.11.

Sprinklr (NYSE:CXM) last issued its earnings results on Wednesday, December 3rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The company had revenue of $219.07 million during the quarter, compared to analysts’ expectations of $209.56 million. During the same period last year, the company posted $0.10 earnings per share. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. Equities research analysts expect that Sprinklr will post 0.1 EPS for the current fiscal year.

Insider Activity

In other news, CTO Amitabh Misra sold 9,244 shares of Sprinklr stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $71,641.00. Following the completion of the sale, the chief technology officer directly owned 593,726 shares in the company, valued at $4,601,376.50. The trade was a 1.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Manish Sarin sold 37,008 shares of the company’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $286,812.00. Following the transaction, the chief financial officer directly owned 695,413 shares in the company, valued at $5,389,450.75. The trade was a 5.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 732,709 shares of company stock worth $5,557,979 in the last quarter. Corporate insiders own 60.53% of the company’s stock.

Institutional Trading of Sprinklr

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Sprinklr by 20.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after purchasing an additional 2,966,556 shares during the period. Sea Cliff Partners Management LP increased its stake in Sprinklr by 1,174.6% in the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock valued at $18,331,000 after purchasing an additional 1,996,792 shares during the last quarter. Norges Bank purchased a new position in Sprinklr during the second quarter worth about $10,310,000. Jefferies Financial Group Inc. lifted its position in Sprinklr by 31.6% during the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock worth $39,610,000 after buying an additional 1,125,000 shares during the period. Finally, Hillsdale Investment Management Inc. acquired a new stake in Sprinklr in the 3rd quarter worth about $6,997,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.