Analysts Set Sprinklr, Inc. (NYSE:CXM) PT at $7.79

Sprinklr, Inc. (NYSE:CXM) has earned an average rating of “Hold” from the eight analysts that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $7.7857.

Several equities research analysts recently weighed in on CXM shares. Rosenblatt Securities dropped their target price on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a report on Thursday, June 4th. Weiss Ratings cut Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, July 10th. DA Davidson lowered their price objective on Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, Citigroup dropped their price objective on Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th.

Insider Activity at Sprinklr

In related news, CTO Amitabh Misra sold 29,180 shares of the company’s stock in a transaction 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 completion of the sale, the chief technology officer directly owned 854,779 shares in the company, valued at $4,530,328.70. This represents a 3.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Karthik Suri sold 41,852 shares of the stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total transaction of $215,119.28. Following the sale, the insider directly owned 1,111,472 shares of the company’s stock, valued at $5,712,966.08. The trade was a 3.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 324,295 shares of company stock worth $1,711,168 over the last ninety days. Insiders own 25.18% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

Several hedge funds and other institutional investors have recently modified their holdings of CXM. SG Americas Securities LLC boosted its holdings in shares of Sprinklr by 84.9% during the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after purchasing an additional 3,846,652 shares during the period. Private Management Group Inc. increased its holdings in Sprinklr by 1,249.3% during the 4th quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock valued at $18,768,000 after purchasing an additional 2,233,542 shares during the period. Sea Cliff Partners Management LP increased its holdings in 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 valued at $18,331,000 after purchasing an additional 1,996,792 shares during the period. Norges Bank bought a new position in Sprinklr during the 4th quarter valued at approximately $11,524,000. Finally, Goldman Sachs Group Inc. raised its position in Sprinklr by 138.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,646,893 shares of the company’s stock valued at $12,813,000 after purchasing an additional 957,149 shares during the last quarter. 40.19% of the stock is owned by institutional investors.

Sprinklr Stock Up 2.6%

Sprinklr stock opened at $6.36 on Friday. The firm has a fifty day simple moving average of $5.50 and a two-hundred day simple moving average of $5.68. Sprinklr has a twelve month low of $4.72 and a twelve month high of $9.20. The company has a market capitalization of $1.49 billion, a PE ratio of 53.02 and a beta of 0.60.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $0.12 earnings per share. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, equities analysts expect that Sprinklr will post 0.23 earnings per share for the current fiscal year.

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.