Sprinklr’s (CXM) “Neutral” Rating Reiterated at DA Davidson

DA Davidson restated their neutral rating on shares of Sprinklr (NYSE:CXM) in a research report sent to investors on Thursday,Benzinga reports. The firm currently has a $9.00 price target on the stock.

Other analysts have also recently issued reports about the stock. Cantor Fitzgerald restated a “neutral” rating and issued a $8.00 price target on shares of Sprinklr in a report on Wednesday. Barclays lowered their target price on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, September 3rd. Wall Street Zen downgraded Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Sprinklr in a research report on Wednesday, October 8th. Finally, Rosenblatt Securities restated a “buy” rating and set a $12.00 target price on shares of Sprinklr in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $9.90.

Sprinklr Trading Down 1.6%

Shares of NYSE:CXM opened at $7.78 on Thursday. The company has a market capitalization of $1.90 billion, a PE ratio of 18.51 and a beta of 0.78. Sprinklr has a 12-month low of $6.75 and a 12-month high of $9.69. The business’s fifty day simple moving average is $7.52 and its 200-day simple moving average is $8.11.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The company had revenue of $219.07 million for the quarter, compared to the consensus estimate of $209.56 million. During the same quarter last year, the company earned $0.10 earnings per share. The firm’s revenue for the quarter 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. Research analysts predict that Sprinklr will post 0.1 EPS for the current year.

Insider Transactions at Sprinklr

In related news, Director Neeraj Agrawal sold 150,000 shares of the firm’s stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $7.61, for a total value of $1,141,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ragy Thomas sold 28,916 shares of the business’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $224,099.00. Following the sale, the director owned 737,301 shares in the company, valued at approximately $5,714,082.75. The trade was a 3.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 732,709 shares of company stock worth $5,557,979 over the last 90 days. Insiders own 60.53% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

A number of institutional investors have recently bought and sold shares of CXM. Maryland State Retirement & Pension System lifted its stake in Sprinklr by 3.8% during the 2nd quarter. Maryland State Retirement & Pension System now owns 33,735 shares of the company’s stock valued at $285,000 after acquiring an additional 1,235 shares during the period. Amalgamated Bank raised its holdings in shares of Sprinklr by 4.1% during the second quarter. Amalgamated Bank now owns 32,769 shares of the company’s stock worth $277,000 after purchasing an additional 1,292 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Sprinklr by 20.6% during the second quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock valued at $67,000 after purchasing an additional 1,347 shares during the period. Cresset Asset Management LLC lifted its position in Sprinklr by 7.6% during the third quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock valued at $237,000 after purchasing an additional 2,169 shares during the period. Finally, Louisiana State Employees Retirement System boosted its holdings in Sprinklr by 4.1% in the third quarter. Louisiana State Employees Retirement System now owns 55,800 shares of the company’s stock valued at $431,000 after purchasing an additional 2,200 shares during the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.

About Sprinklr

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.