Sprinklr (NYSE:CXM) Issues FY25 Earnings Guidance

Sprinklr (NYSE:CXM) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $0.38-0.39 for the period, compared to the consensus EPS estimate of $0.38. The company issued revenue guidance of $804.5-805.5 million, compared to the consensus revenue estimate of $802.08 million. Sprinklr also updated its Q1 guidance to $0.07 EPS.

Analyst Ratings Changes

A number of equities research analysts recently commented on CXM shares. Cantor Fitzgerald lowered their price objective on shares of Sprinklr from $21.00 to $16.00 and set an overweight rating on the stock in a research note on Thursday, December 7th. Rosenblatt Securities reiterated a buy rating and issued a $16.00 price target on shares of Sprinklr in a report on Wednesday, March 20th. JMP Securities lowered their target price on shares of Sprinklr from $24.00 to $22.00 and set a market outperform rating for the company in a report on Thursday, December 7th. Stifel Nicolaus cut their price target on shares of Sprinklr from $16.00 to $15.00 and set a hold rating on the stock in a research note on Thursday, December 7th. Finally, BTIG Research cut shares of Sprinklr from a buy rating to a neutral rating in a research note on Thursday, December 7th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $16.41.

Sprinklr Stock Performance

Shares of NYSE CXM traded up $0.19 during trading on Wednesday, reaching $13.01. The stock had a trading volume of 4,025,432 shares, compared to its average volume of 2,702,460. Sprinklr has a one year low of $10.45 and a one year high of $17.14. The firm’s 50 day moving average price is $12.88 and its two-hundred day moving average price is $13.38. The stock has a market cap of $3.56 billion, a PE ratio of 116.56, a P/E/G ratio of 3.04 and a beta of 0.89.

Insider Activity at Sprinklr

In other news, insider Diane Adams sold 16,600 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $13.03, for a total value of $216,298.00. Following the completion of the sale, the insider now directly owns 251,340 shares of the company’s stock, valued at approximately $3,274,960.20. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other Sprinklr news, major shareholder Battery Partners Ix, Llc sold 10,424 shares of the business’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $11.99, for a total value of $124,983.76. Following the sale, the insider now directly owns 80,952 shares in the company, valued at $970,614.48. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Diane Adams sold 16,600 shares of the firm’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $13.03, for a total transaction of $216,298.00. Following the transaction, the insider now owns 251,340 shares of the company’s stock, valued at approximately $3,274,960.20. The disclosure for this sale can be found here. Insiders have sold a total of 195,682 shares of company stock worth $2,476,123 in the last three months. 40.29% of the stock is owned by company insiders.

Institutional Trading of Sprinklr

Several institutional investors and hedge funds have recently added to or reduced their stakes in CXM. JPMorgan Chase & Co. lifted its position in shares of Sprinklr by 37,314.8% during the 1st quarter. JPMorgan Chase & Co. now owns 60,612 shares of the company’s stock valued at $722,000 after acquiring an additional 60,450 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Sprinklr during the first quarter valued at $11,368,000. Citigroup Inc. boosted its position in shares of Sprinklr by 308.9% in the 1st quarter. Citigroup Inc. now owns 2,212 shares of the company’s stock valued at $26,000 after purchasing an additional 1,671 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Sprinklr in the 1st quarter valued at $1,259,000. Finally, BlackRock Inc. increased its stake in Sprinklr by 227.7% in the 1st quarter. BlackRock Inc. now owns 990,051 shares of the company’s stock worth $11,781,000 after purchasing an additional 687,969 shares in the last quarter. 40.19% of the stock is owned by institutional investors and hedge funds.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.