Sprinklr (NYSE:CXM) Price Target Lowered to $7.00 at Morgan Stanley

Sprinklr (NYSE:CXM) had its price objective lowered by equities research analysts at Morgan Stanley from $10.00 to $7.00 in a report released on Monday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Morgan Stanley’s price target would suggest a potential upside of 18.74% from the stock’s current price.

CXM has been the topic of several other reports. Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, February 26th. Cantor Fitzgerald reiterated a “neutral” rating and set a $8.00 price objective on shares of Sprinklr in a research report on Wednesday, December 3rd. Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday. Citizens Jmp decreased their price target on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Thursday. Finally, Citigroup lowered their price target on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Thursday. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Sprinklr has a consensus rating of “Reduce” and an average price target of $8.31.

Sprinklr Trading Up 0.9%

Shares of CXM stock traded up $0.06 during trading hours on Monday, hitting $5.90. The company’s stock had a trading volume of 1,241,915 shares, compared to its average volume of 2,312,695. The business has a fifty day moving average of $6.24 and a 200-day moving average of $7.18. Sprinklr has a twelve month low of $5.12 and a twelve month high of $9.40. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 65.40 and a beta of 0.78.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The firm had revenue of $220.59 million during the quarter, compared to the consensus estimate of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 EPS. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, equities analysts expect that Sprinklr will post 0.1 EPS for the current fiscal year.

Insider Transactions at Sprinklr

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

Hedge Funds Weigh In On Sprinklr

A number of hedge funds have recently made changes to their positions in CXM. Aster Capital Management DIFC Ltd grew its stake in shares of Sprinklr by 148.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after buying an additional 1,940 shares during the period. Larson Financial Group LLC raised its position in shares of Sprinklr by 24,370.6% in the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after buying an additional 4,143 shares during the period. Lavaca Capital LLC boosted its holdings in Sprinklr by 541.2% in the second quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock valued at $36,000 after acquiring an additional 3,545 shares during the last quarter. Empowered Funds LLC purchased a new stake in Sprinklr during the fourth quarter valued at about $38,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Sprinklr during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 40.19% of the company’s stock.

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.