Sprinklr, Inc. (NYSE:CXM) Given Consensus Recommendation of “Hold” by Analysts

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) have received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $8.2143.

Several research firms recently issued reports on CXM. Morgan Stanley raised their target price on Sprinklr from $7.00 to $8.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Weiss Ratings raised Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Citigroup reiterated a “market outperform” rating on shares of Sprinklr in a report on Monday, September 14th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Sprinklr in a research report on Thursday, September 3rd. Finally, DA Davidson boosted their target price on Sprinklr from $6.00 to $6.50 and gave the company a “neutral” rating in a research note on Thursday, September 3rd.

Check Out Our Latest Stock Report on Sprinklr

Sprinklr Stock Down 5.4%

Shares of NYSE CXM opened at $5.32 on Friday. Sprinklr has a 52 week low of $4.72 and a 52 week high of $8.27. The firm’s fifty day moving average is $6.42 and its 200 day moving average is $5.80. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 53.16 and a beta of 0.65.

Sprinklr (NYSE:CXMGet Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The business had revenue of $213.74 million during the quarter, compared to analysts’ expectations of $214.45 million. During the same quarter in the prior year, the company posted $0.13 EPS. The firm’s revenue for the quarter was up .8% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. Equities research analysts anticipate that Sprinklr will post 0.23 earnings per share for the current year.

Insider Transactions at Sprinklr

In other news, insider Joy Corso sold 34,153 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $189,549.15. Following the completion of the transaction, the insider owned 1,141,463 shares in the company, valued at $6,335,119.65. This trade represents a 2.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rory Read sold 145,865 shares of Sprinklr stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $5.55, for a total transaction of $809,550.75. Following the transaction, the chief executive officer directly owned 3,273,325 shares of the company’s stock, valued at approximately $18,166,953.75. This trade represents a 4.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 362,443 shares of company stock worth $2,118,829. 25.18% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC raised its stake in shares of Sprinklr by 44.2% in the second quarter. Sequoia Financial Advisors LLC now owns 27,151 shares of the company’s stock worth $140,000 after purchasing an additional 8,322 shares during the last quarter. Engineers Gate Manager LP purchased a new stake in Sprinklr during the 2nd quarter valued at $645,000. Integrated Wealth Concepts LLC purchased a new stake in Sprinklr during the second quarter valued at $31,000. Compass Financial Management LLC purchased a new stake in shares of Sprinklr during the 2nd quarter valued at about $52,000. Finally, Syon Capital LLC bought a new position in Sprinklr in the second quarter worth approximately $131,000. 40.19% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Sprinklr

Here are the key news stories impacting Sprinklr this week:

  • Positive Sentiment: Recent institutional activity included new positions and increased holdings from several investment firms. About 40.19% of Sprinklr’s shares are held by hedge funds and other institutional investors, providing some indication of continued institutional interest.
  • Positive Sentiment: Sprinklr’s latest quarterly EPS of $0.11 exceeded analysts’ $0.10 estimate. Management has also highlighted momentum in its artificial-intelligence offerings, while some analysts remain bullish; Rosenblatt Securities has an $8.50 price target and the consensus target is $8.21.
  • Neutral Sentiment: CEO Rory Read, CTO Amitabh Misra, General Counsel Jacob Scott, Director Ragy Thomas and another insider sold approximately $1.6 million of shares in transactions conducted around $5.55 per share. The filings state that the sales covered tax obligations related to equity-award vesting; Misra’s transactions were also made under a pre-arranged Rule 10b5-1 plan. The insiders continued to hold substantial positions after the sales. Sprinklr insider selling report
  • Negative Sentiment: Revenue rose only 0.8% year over year to $213.74 million and came in slightly below expectations. EPS declined from $0.13 in the comparable period to $0.11, while services remained a drag. Investors may remain cautious until AI-related demand produces faster revenue growth.

About Sprinklr

(Get Free Report)

Sprinklr, Inc (NYSE:CXM) provides an enterprise software platform designed to help organizations manage customer experiences across digital and traditional channels. Its cloud-based Unified Customer Experience Management platform brings together customer-facing functions, data and workflows in a centralized environment.

The company’s products support customer service and contact-center operations, social media management, digital marketing, advertising, customer insights and social listening.

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Analyst Recommendations for Sprinklr (NYSE:CXM)

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