Citizens Jmp Lowers Sprinklr (NYSE:CXM) Price Target to $11.00

Sprinklr (NYSE:CXMGet Free Report) had its target price reduced by investment analysts at Citizens Jmp from $17.00 to $11.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective would indicate a potential upside of 84.13% from the stock’s current price.

A number of other research firms have also weighed in on CXM. DA Davidson restated a “neutral” rating and issued a $9.00 target price on shares of Sprinklr in a report on Thursday, December 4th. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a research report on Thursday, December 4th. Cantor Fitzgerald restated a “neutral” rating and set a $8.00 price objective on shares of Sprinklr in a research note on Wednesday, December 3rd. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, February 26th. Finally, Wall Street Zen downgraded shares of Sprinklr from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprinklr presently has a consensus rating of “Hold” and a consensus price target of $9.22.

Check Out Our Latest Stock Report on CXM

Sprinklr Trading Up 6.3%

CXM opened at $5.97 on Thursday. The company’s fifty day moving average price is $6.31 and its two-hundred day moving average price is $7.23. Sprinklr has a 1-year low of $5.12 and a 1-year high of $9.69. The company has a market cap of $1.47 billion, a price-to-earnings ratio of 14.22 and a beta of 0.78.

Sprinklr (NYSE:CXMGet Free Report) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $220.59 million during the quarter, compared to analysts’ expectations of $216.93 million. Sprinklr had a net margin of 13.42% and a return on equity of 8.03%. The business’s revenue was up 8.9% on a year-over-year basis. During the same period last year, the company earned $0.10 earnings per share. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. As a group, equities analysts forecast that Sprinklr will post 0.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprinklr

In related news, CTO Amitabh Misra sold 9,099 shares of Sprinklr stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total transaction of $70,790.22. Following the sale, the chief technology officer directly owned 584,627 shares in the company, valued at approximately $4,548,398.06. This trade represents a 1.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Rory P. Read sold 87,795 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $526,770.00. Following the completion of the transaction, the chief executive officer owned 1,506,270 shares of the company’s stock, valued at $9,037,620. This trade represents a 5.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 456,261 shares of company stock valued at $3,150,245 in the last ninety days. 60.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sprinklr

Institutional investors have recently added to or reduced their stakes in the stock. PNC Financial Services Group Inc. increased its holdings in Sprinklr by 20.6% during the second quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock worth $67,000 after buying an additional 1,347 shares during the last quarter. Aster Capital Management DIFC Ltd grew its position 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 acquiring an additional 1,940 shares during the period. Cresset Asset Management LLC grew its position in shares of Sprinklr by 7.6% during the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock valued at $237,000 after acquiring an additional 2,169 shares during the period. Louisiana State Employees Retirement System increased its stake in shares of Sprinklr by 4.1% during the 3rd quarter. Louisiana State Employees Retirement System now owns 55,800 shares of the company’s stock worth $431,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in shares of Sprinklr by 0.6% in the 2nd quarter. Panagora Asset Management Inc. now owns 396,513 shares of the company’s stock worth $3,354,000 after purchasing an additional 2,205 shares during the period. Institutional investors own 40.19% of the company’s stock.

Key Sprinklr News

Here are the key news stories impacting Sprinklr this week:

About Sprinklr

(Get Free Report)

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.

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