Sprinklr (NYSE:CXM) Shares Gap Up After Better-Than-Expected Earnings

Sprinklr, Inc. (NYSE:CXM)’s share price gapped up prior to trading on Wednesday following a stronger than expected earnings report. The stock had previously closed at $7.54, but opened at $7.84. Sprinklr shares last traded at $7.6550, with a volume of 1,787,338 shares.

The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The firm had revenue of $219.07 million for the quarter, compared to analysts’ expectations of $209.56 million. During the same quarter last year, the business earned $0.10 earnings per share. The business’s revenue was up 9.2% on a year-over-year basis. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CXM. Citigroup dropped their target price on shares of Sprinklr from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, November 24th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sprinklr in a report on Wednesday, October 8th. Rosenblatt Securities reiterated a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research report on Tuesday, September 30th. Barclays decreased their target price on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, September 3rd. Finally, Wall Street Zen downgraded shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $9.91.

Insider Buying and Selling

In related news, CFO Manish Sarin sold 37,008 shares of the stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $286,812.00. Following the completion of the transaction, the chief financial officer directly owned 695,413 shares in the company, valued at $5,389,450.75. This trade represents a 5.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CTO Amitabh Misra sold 9,244 shares of Sprinklr stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $71,641.00. Following the transaction, the chief technology officer directly owned 593,726 shares of the company’s stock, valued at approximately $4,601,376.50. This trade represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 732,709 shares of company stock valued at $5,557,979 over the last 90 days. 60.53% of the stock is currently owned by company insiders.

Institutional Trading of Sprinklr

Hedge funds have recently made changes to their positions in the stock. CIBC Bancorp USA Inc. purchased a new stake in shares of Sprinklr in the 3rd quarter worth approximately $93,000. Danske Bank A S purchased a new stake in shares of Sprinklr in the third quarter worth $579,000. Hancock Whitney Corp bought a new position in shares of Sprinklr during the third quarter valued at $138,000. Voleon Capital Management LP purchased a new position in shares of Sprinklr in the 3rd quarter worth about $1,105,000. Finally, Voloridge Investment Management LLC raised its position in shares of Sprinklr by 12.9% in the 3rd quarter. Voloridge Investment Management LLC now owns 1,240,319 shares of the company’s stock worth $9,575,000 after purchasing an additional 141,402 shares during the last quarter. 40.19% of the stock is owned by institutional investors.

Sprinklr Trading Up 2.9%

The stock’s 50 day moving average is $7.53 and its 200-day moving average is $8.12. The company has a market cap of $1.89 billion, a P/E ratio of 17.23 and a beta of 0.78.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.