Brokerages Set Sprinklr, Inc. (NYSE:CXM) Price Target at $7.79

Sprinklr, Inc. (NYSE:CXM) has been given a consensus recommendation of “Hold” by the eight research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned 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 $7.7857.

CXM has been the subject of a number of recent analyst reports. Morgan Stanley dropped their price target on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, March 16th. Citizens Jmp dropped their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Wall Street Zen raised Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Weiss Ratings cut Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 30th. Finally, Rosenblatt Securities dropped their price target on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th.

Sprinklr Price Performance

Sprinklr stock opened at $5.39 on Friday. The company has a market capitalization of $1.34 billion, a PE ratio of 44.88 and a beta of 0.59. Sprinklr has a one year low of $4.72 and a one year high of $9.40. The business has a 50 day simple moving average of $5.38 and a 200 day simple moving average of $6.21.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The business had revenue of $219.48 million during the quarter, compared to the consensus estimate of $215.89 million. During the same quarter last year, the company earned $0.12 EPS. Sprinklr’s revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Equities analysts anticipate that Sprinklr will post 0.23 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CTO Amitabh Misra sold 34,189 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction of $200,005.65. Following the completion of the sale, the chief technology officer directly owned 970,753 shares of the company’s stock, valued at $5,678,905.05. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 25.18% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sprinklr

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Sprinklr by 20.3% in the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after buying an additional 2,966,556 shares during the period. SG Americas Securities LLC increased 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 buying an additional 3,846,652 shares during the period. Morgan Stanley increased its stake in shares of Sprinklr by 3.5% in the 4th quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock valued at $58,884,000 after buying an additional 252,552 shares during the period. Jefferies Financial Group Inc. increased its stake in shares of Sprinklr by 19.4% in the 4th quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after buying an additional 908,002 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Sprinklr by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after buying an additional 21,321 shares during the period. 40.19% of the stock is owned by institutional investors and hedge funds.

Sprinklr Company Profile

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.