Sprinklr, Inc. (NYSE:CXM) Receives Average Rating of “Hold” from Analysts

Shares of Sprinklr, Inc. (NYSE:CXM) have been assigned a consensus rating of “Hold” from the nine brokerages that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $8.3125.

A number of research firms have recently commented on CXM. Citizens Jmp cut their target price on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday, March 12th. Rosenblatt Securities restated a “buy” rating and set a $12.00 price target on shares of Sprinklr in a research note on Thursday, December 4th. Weiss Ratings raised Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 16th. Citigroup reduced their price objective on Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a research note on Thursday, March 12th. Finally, Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th.

Insider Activity at Sprinklr

In related news, General Counsel Jacob Scott sold 21,665 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total value of $154,254.80. Following the completion of the sale, the general counsel owned 404,723 shares in the company, valued at $2,881,627.76. This represents a 5.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Amitabh Misra sold 34,189 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction of $200,005.65. Following the sale, the chief technology officer owned 970,753 shares of the company’s stock, valued at approximately $5,678,905.05. This represents a 3.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 361,251 shares of company stock worth $2,345,083 in the last 90 days. 60.53% of the stock is owned by insiders.

Hedge Funds Weigh In On Sprinklr

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Pacer Advisors Inc. lifted its holdings in shares of Sprinklr by 2,385.5% during the third quarter. Pacer Advisors Inc. now owns 694,200 shares of the company’s stock worth $5,359,000 after purchasing an additional 666,270 shares during the period. Jefferies Financial Group Inc. grew its position in Sprinklr by 31.6% in the 2nd quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock valued at $39,610,000 after buying an additional 1,125,000 shares during the last quarter. Norges Bank acquired a new position in Sprinklr in the 2nd quarter valued at $10,310,000. CenterBook Partners LP raised its position in Sprinklr by 212.2% during the 2nd quarter. CenterBook Partners LP now owns 503,304 shares of the company’s stock worth $4,258,000 after buying an additional 342,068 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its position in Sprinklr by 41.8% during the 3rd quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock worth $8,273,000 after buying an additional 315,953 shares during the last quarter. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Price Performance

NYSE CXM opened at $5.90 on Friday. The firm’s fifty day moving average price is $6.07 and its 200 day moving average price is $7.10. Sprinklr has a 12 month low of $5.12 and a 12 month high of $9.40. The company has a market capitalization of $1.45 billion, a price-to-earnings ratio of 65.51 and a beta of 0.78.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The firm had revenue of $220.59 million during the quarter, compared to analysts’ expectations of $216.93 million. During the same period in the previous year, the company earned $0.10 earnings per share. Sprinklr’s quarterly revenue was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. As a group, sell-side analysts forecast that Sprinklr will post 0.1 earnings per share for the current year.

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.