Sprinklr (NYSE:CXM) Price Target Raised to $8.00

Sprinklr (NYSE:CXM) had its price target increased by Morgan Stanley from $7.00 to $8.00 in a research report released on Thursday, Marketbeat.com reports. The brokerage currently has an equal weight rating on the stock.

A number of other brokerages also recently commented on CXM. Rosenblatt Securities reiterated a “buy” rating and set a $8.50 price objective on shares of Sprinklr in a research report on Thursday. Citigroup upped their target price on Sprinklr from $6.00 to $8.00 and gave the company a “neutral” rating in a report on Thursday. Weiss Ratings raised Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, August 5th. Finally, DA Davidson cut their target price on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $8.21.

Sprinklr Trading Down 5.3%

CXM stock opened at $5.91 on Thursday. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 59.11 and a beta of 0.65. Sprinklr has a 12 month low of $4.72 and a 12 month high of $8.27. The firm has a 50-day moving average of $6.38 and a two-hundred day moving average of $5.80.

Sprinklr (NYSE:CXM) last issued its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The business had revenue of $213.74 million for the quarter, compared to analysts’ expectations of $214.45 million. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%.The business’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.13 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. As a group, equities analysts forecast that Sprinklr will post 0.23 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Rory Read sold 143,654 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $761,366.20. Following the completion of the sale, the chief executive officer owned 3,419,190 shares in the company, valued at $18,121,707. This trade represents a 4.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Amitabh Misra sold 29,180 shares of Sprinklr stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $154,654.00. Following the sale, the chief technology officer directly owned 854,779 shares in the company, valued at approximately $4,530,328.70. The trade was a 3.30% 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. Over the last 90 days, insiders have sold 395,880 shares of company stock worth $2,210,116. 25.18% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CXM. SG Americas Securities LLC lifted its stake in shares of Sprinklr by 84.9% in the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after purchasing an additional 3,846,652 shares during the last quarter. Private Management Group Inc. increased its position in shares of Sprinklr by 1,249.3% during the 4th quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock worth $18,768,000 after purchasing an additional 2,233,542 shares during the last quarter. Sea Cliff Partners Management LP increased its position in shares of Sprinklr by 1,174.6% during the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock worth $18,331,000 after purchasing an additional 1,996,792 shares during the last quarter. Norges Bank purchased a new stake in Sprinklr in the 4th quarter valued at about $11,524,000. Finally, Goldman Sachs Group Inc. raised its holdings in Sprinklr by 138.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,646,893 shares of the company’s stock valued at $12,813,000 after buying an additional 957,149 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Key Headlines Impacting Sprinklr

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr reported adjusted earnings of $0.11 per share, slightly above the $0.10 consensus estimate. Morgan Stanley raised its price target from $7 to $8 while maintaining an Equal Weight rating, and DA Davidson lifted its target from $6 to $6.50 with a Neutral rating. Sprinklr Q2 earnings results
• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and $8.50 price target, implying substantial potential upside if Sprinklr can stabilize growth and improve profitability. Rosenblatt Sprinklr rating
• Neutral Sentiment: Management’s outlook calls for fiscal 2027 subscription revenue of approximately $782.5 million to $784.5 million. Analysts are focusing on the company’s artificial-intelligence adoption and its transition in services, which could support longer-term growth but have not yet produced a clear acceleration. Sprinklr fiscal 2027 outlook
• Negative Sentiment: Quarterly revenue of $213.74 million fell slightly short of the $214.45 million consensus estimate and increased only 0.8% year over year. Coverage also pointed to slowing growth, margin pressure from services, and the continued transition of the business, which are weighing on investor confidence despite the earnings beat. Sprinklr shares and Q2 revenue miss

About Sprinklr

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.