Sprinklr (NYSE:CXM) Shares Gap Up Following Better-Than-Expected Earnings

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) gapped up before the market opened on Wednesday following a better than expected earnings announcement. The stock had previously closed at $5.62, but opened at $5.90. Sprinklr shares last traded at $5.9390, with a volume of 752,307 shares.

The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $220.59 million during the quarter, compared to analysts’ expectations of $216.93 million. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The firm’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the business posted $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS.

Key Stories Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

Wall Street Analyst Weigh In

A number of research analysts have issued reports on CXM shares. Cantor Fitzgerald restated a “neutral” rating and set a $8.00 price target on shares of Sprinklr in a research note on Wednesday, December 3rd. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 26th. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a research report on Thursday, December 4th. DA Davidson restated a “neutral” rating and issued a $9.00 target price on shares of Sprinklr in a research note on Thursday, December 4th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research report on Friday, January 16th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $9.89.

Read Our Latest Analysis on CXM

Insider Activity

In other Sprinklr news, CMO Arun Pattabhiraman sold 16,533 shares of Sprinklr stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total transaction of $128,626.74. Following the completion of the transaction, the chief marketing officer owned 517,878 shares in the company, valued at approximately $4,029,090.84. This trade represents a 3.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Ragy Thomas sold 24,952 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $194,126.56. Following the completion of the transaction, the director directly owned 712,349 shares of the company’s stock, valued at approximately $5,542,075.22. This trade represents a 3.38% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 456,261 shares of company stock valued at $3,150,245 over the last quarter. Insiders own 60.53% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

A number of hedge funds and other institutional investors have recently made changes to their positions in CXM. SG Americas Securities LLC increased its holdings in shares of Sprinklr by 11,204.2% during the 4th quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock valued at $35,250,000 after purchasing an additional 4,490,746 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Sprinklr by 20.3% during the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after buying an additional 2,966,556 shares in the last quarter. Private Management Group Inc. boosted its holdings in Sprinklr by 1,249.3% during the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after buying an additional 2,233,542 shares in the last quarter. Sea Cliff Partners Management LP grew its position in Sprinklr by 1,174.6% during the second quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock valued at $18,331,000 after buying an additional 1,996,792 shares during the period. Finally, Norges Bank purchased a new position in Sprinklr in the fourth quarter valued at $11,524,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr Price Performance

The business’s fifty day simple moving average is $6.35 and its two-hundred day simple moving average is $7.24. The company has a market cap of $1.47 billion, a PE ratio of 14.15 and a beta of 0.78.

About Sprinklr

(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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