DA Davidson Has Lowered Expectations for Sprinklr (NYSE:CXM) Stock Price

Sprinklr (NYSE:CXMGet Free Report) had its price objective lowered by stock analysts at DA Davidson from $9.00 to $6.50 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s price objective indicates a potential upside of 11.78% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on CXM. Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Thursday, December 4th. Weiss Ratings cut shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, February 26th. Wall Street Zen downgraded Sprinklr from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Citizens Jmp reduced their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research report on Thursday. Finally, Cantor Fitzgerald restated a “neutral” rating and issued a $8.00 price target on shares of Sprinklr in a research report on Wednesday, December 3rd. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Sprinklr currently has an average rating of “Reduce” and an average target price of $8.69.

Read Our Latest Stock Report on CXM

Sprinklr Trading Down 1.1%

Sprinklr stock opened at $5.82 on Thursday. Sprinklr has a 1 year low of $5.12 and a 1 year high of $9.43. The company has a market cap of $1.43 billion, a PE ratio of 64.62 and a beta of 0.78. The company’s 50-day moving average is $6.24 and its two-hundred day moving average is $7.20.

Sprinklr (NYSE:CXMGet Free Report) last issued its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The company had revenue of $220.59 million for the quarter, compared to analyst estimates of $216.93 million. During the same quarter last year, the firm earned $0.10 EPS. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Research analysts forecast that Sprinklr will post 0.1 EPS for the current year.

Insider Activity at Sprinklr

In related news, Director Ragy Thomas sold 24,952 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total transaction of $194,126.56. Following the completion of the transaction, the director directly owned 712,349 shares in the company, valued at approximately $5,542,075.22. This trade represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Amitabh Misra sold 9,099 shares of Sprinklr stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total value of $70,790.22. Following the completion of the sale, the chief technology officer directly owned 584,627 shares in the company, valued at approximately $4,548,398.06. This represents a 1.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 456,261 shares of company stock valued at $3,150,245 over the last ninety days. Company insiders own 60.53% of the company’s stock.

Institutional Trading of Sprinklr

Hedge funds and other institutional investors have recently made changes to their positions in the business. Aster Capital Management DIFC Ltd lifted its position in shares of Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after purchasing an additional 1,940 shares in the last quarter. Larson Financial Group LLC grew its position in 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 in the last quarter. Lavaca Capital LLC grew its position 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 purchasing an additional 3,545 shares in the last quarter. Empowered Funds LLC acquired a new stake in Sprinklr in the 4th quarter valued at $38,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in Sprinklr in the 4th quarter valued at $44,000. 40.19% of the stock is currently owned by institutional investors and hedge funds.

More 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.

See Also

Analyst Recommendations for Sprinklr (NYSE:CXM)

Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.