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

Sprinklr, Inc. (NYSE:CXMGet Free Report) has received a consensus rating of “Hold” from the eight brokerages that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $7.7857.

Several equities research analysts have weighed in on CXM shares. DA Davidson reduced their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Rosenblatt Securities lowered their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research note on Thursday, June 4th. Weiss Ratings lowered Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 10th. Finally, Citigroup dropped their target price on Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th.

Read Our Latest Research Report on Sprinklr

Insider Buying and Selling

In other news, CTO Amitabh Misra sold 29,180 shares of the stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $154,654.00. Following the sale, the chief technology officer owned 854,779 shares of the company’s stock, valued at approximately $4,530,328.70. This represents a 3.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Joy Corso sold 33,635 shares of the stock in a transaction 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 sale, the insider directly owned 1,175,616 shares in the company, valued at approximately $6,230,764.80. This represents a 2.78% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 324,295 shares of company stock valued at $1,711,168 over the last 90 days. 25.18% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sprinklr

Hedge funds have recently added to or reduced their stakes in the company. Aster Capital Management DIFC Ltd raised its position in Sprinklr by 148.9% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after purchasing an additional 1,940 shares during the period. Summit Securities Group LLC boosted its position in shares of Sprinklr by 210.8% during the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after buying an additional 3,101 shares during the period. Essential Partners LLC boosted its position in shares of Sprinklr by 563.7% during the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after buying an additional 3,771 shares during the period. Larson Financial Group LLC grew its stake in shares of Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after buying an additional 4,143 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in shares of Sprinklr during the fourth quarter valued at approximately $38,000. 40.19% of the stock is currently owned by institutional investors.

Sprinklr Stock Up 3.4%

Shares of NYSE:CXM opened at $5.68 on Friday. The firm has a fifty day simple moving average of $5.40 and a two-hundred day simple moving average of $5.73. Sprinklr has a 52 week low of $4.72 and a 52 week high of $9.40. The stock has a market capitalization of $1.33 billion, a P/E ratio of 47.38 and a beta of 0.60.

Sprinklr (NYSE:CXMGet Free Report) last announced its earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The firm had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. During the same period in the prior year, the company earned $0.12 EPS. The business’s revenue was up 6.8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. On average, analysts expect that Sprinklr will post 0.23 earnings per share for the current year.

Sprinklr Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Sprinklr (NYSE:CXM)

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