DA Davidson Reaffirms Neutral Rating for Sprinklr (NYSE:CXM)

Sprinklr (NYSE:CXM)‘s stock had its “neutral” rating reissued by equities research analysts at DA Davidson in a research note issued to investors on Thursday,Benzinga reports. They presently have a $9.00 target price on the stock. DA Davidson’s target price indicates a potential upside of 14.43% from the company’s current price.

CXM has been the subject of several other reports. Wall Street Zen cut shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Thursday. Weiss Ratings restated a “hold (c-)” rating on shares of Sprinklr in a research report on Wednesday, October 8th. Barclays reduced their target price on Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, September 3rd. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $8.00 price target on shares of Sprinklr in a report on Wednesday. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $9.91.

Sprinklr Trading Up 1.2%

NYSE CXM traded up $0.10 during midday trading on Thursday, hitting $7.87. The company had a trading volume of 2,101,635 shares, compared to its average volume of 1,910,480. The firm has a 50-day moving average price of $7.52 and a 200-day moving average price of $8.11. The company has a market capitalization of $1.92 billion, a PE ratio of 17.50 and a beta of 0.78. Sprinklr has a twelve month low of $6.75 and a twelve month high of $9.69.

Sprinklr (NYSE:CXM) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. The company had revenue of $219.07 million for the quarter, compared to analysts’ expectations of $209.56 million. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.Sprinklr’s revenue was up 9.2% on a year-over-year basis. During the same quarter last year, the business earned $0.10 earnings per share. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. On average, equities analysts anticipate that Sprinklr will post 0.1 EPS for the current year.

Insider Activity

In other news, Director Ragy Thomas sold 28,916 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $224,099.00. Following the sale, the director directly owned 737,301 shares of the company’s stock, valued at approximately $5,714,082.75. This represents a 3.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Manish Sarin sold 37,008 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $286,812.00. Following the sale, 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 732,709 shares of company stock valued at $5,557,979. 60.53% of the stock is currently owned by company insiders.

Institutional Trading of Sprinklr

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC raised its position in shares of Sprinklr by 24,370.6% in the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares during the period. Lavaca Capital LLC grew its stake in Sprinklr by 541.2% in the 2nd quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock valued at $36,000 after buying an additional 3,545 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Sprinklr by 69.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock valued at $54,000 after acquiring an additional 2,668 shares during the period. Quarry LP lifted its position in shares of Sprinklr by 5,071.8% during the first quarter. Quarry LP now owns 7,706 shares of the company’s stock worth $64,000 after acquiring an additional 7,557 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of Sprinklr by 2,480.2% during the second quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock worth $71,000 after acquiring an additional 8,135 shares in the last quarter. 40.19% of the stock is owned by institutional investors.

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.