Sprinklr (NYSE:CXM) Updates Q1 Earnings Guidance

Sprinklr (NYSE:CXM) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.07 for the period, compared to the consensus earnings per share estimate of $0.08. The company issued revenue guidance of $194-195 million, compared to the consensus revenue estimate of $193.18 million. Sprinklr also updated its FY 2025 guidance to 0.380-0.390 EPS.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CXM. Cantor Fitzgerald reiterated an overweight rating and issued a $16.00 price target on shares of Sprinklr in a research note on Thursday. TheStreet downgraded shares of Sprinklr from a c- rating to a d+ rating in a report on Thursday, December 28th. William Blair reissued an outperform rating on shares of Sprinklr in a report on Thursday. Barclays dropped their price objective on shares of Sprinklr from $18.00 to $15.00 and set an overweight rating on the stock in a report on Monday, December 11th. Finally, Morgan Stanley dropped their price objective on shares of Sprinklr from $18.00 to $16.00 and set an equal weight rating on the stock in a report on Friday, December 8th. Six investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of Moderate Buy and an average price target of $16.86.

Sprinklr Price Performance

Shares of NYSE:CXM opened at $12.27 on Friday. Sprinklr has a 1-year low of $10.70 and a 1-year high of $17.14. The firm’s 50 day simple moving average is $12.90 and its two-hundred day simple moving average is $13.37. The company has a market capitalization of $3.36 billion, a P/E ratio of 68.17, a P/E/G ratio of 2.99 and a beta of 0.89.

Insider Transactions at Sprinklr

In other news, CEO Ragy Thomas sold 11,742 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $13.03, for a total value of $152,998.26. Following the transaction, the chief executive officer now owns 438,214 shares of the company’s stock, valued at $5,709,928.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CEO Ragy Thomas sold 11,742 shares of the business’s stock in a transaction on Monday, March 18th. The shares were sold at an average price of $13.03, for a total value of $152,998.26. Following the transaction, the chief executive officer now owns 438,214 shares of the company’s stock, valued at $5,709,928.42. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Battery Partners Ix, Llc sold 10,424 shares of the business’s stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $11.99, for a total transaction of $124,983.76. Following the completion of the sale, the insider now owns 80,952 shares in the company, valued at approximately $970,614.48. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 195,682 shares of company stock valued at $2,476,123. 40.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sprinklr

Several large investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. increased its position in Sprinklr by 205.7% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,093,275 shares of the company’s stock worth $13,163,000 after purchasing an additional 735,699 shares during the last quarter. American International Group Inc. increased its position in Sprinklr by 2.0% during the fourth quarter. American International Group Inc. now owns 52,522 shares of the company’s stock valued at $632,000 after acquiring an additional 1,037 shares during the last quarter. GSA Capital Partners LLP bought a new position in Sprinklr during the fourth quarter valued at $891,000. Legal & General Group Plc increased its position in Sprinklr by 1.2% during the fourth quarter. Legal & General Group Plc now owns 95,214 shares of the company’s stock valued at $1,146,000 after acquiring an additional 1,130 shares during the last quarter. Finally, Barclays PLC increased its position in Sprinklr by 294.8% during the fourth quarter. Barclays PLC now owns 194,008 shares of the company’s stock valued at $2,336,000 after acquiring an additional 144,863 shares during the last quarter. Institutional investors own 40.19% of the company’s stock.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.