Sprinklr, Inc. (NYSE:CXM – Get Free Report) has earned a consensus recommendation of “Reduce” from the nine brokerages that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $8.2813.
A number of equities research analysts have recently issued reports on CXM shares. Morgan Stanley dropped their price objective on Sprinklr from $10.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Citizens Jmp reduced their price target on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, March 30th. Wall Street Zen upgraded Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Citigroup lowered their target price on Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, March 12th.
Read Our Latest Stock Report on Sprinklr
Sprinklr Price Performance
Sprinklr (NYSE:CXM – Get Free Report) last released its earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business had revenue of $220.59 million during the quarter, compared to the consensus estimate of $216.93 million. During the same quarter last year, the firm earned $0.10 earnings per share. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. Equities analysts anticipate that Sprinklr will post 0.22 EPS for the current year.
Insider Buying and Selling
In other Sprinklr news, CTO Amitabh Misra sold 34,189 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $5.85, for a total transaction of $200,005.65. Following the transaction, the chief technology officer owned 970,753 shares in the company, valued at $5,678,905.05. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 25.18% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Sprinklr
Several institutional investors and hedge funds have recently modified their holdings of CXM. Renaissance Technologies LLC acquired a new stake in Sprinklr in the 1st quarter worth about $202,000. Capula Management Ltd acquired a new position in shares of Sprinklr during the 1st quarter worth approximately $163,000. Sei Investments Co. increased its holdings in shares of Sprinklr by 27.5% during the first quarter. Sei Investments Co. now owns 40,280 shares of the company’s stock worth $242,000 after purchasing an additional 8,683 shares during the period. Walleye Capital LLC acquired a new stake in shares of Sprinklr in the first quarter valued at approximately $336,000. Finally, Globeflex Capital L P raised its position in shares of Sprinklr by 180.2% in the first quarter. Globeflex Capital L P now owns 253,891 shares of the company’s stock valued at $1,523,000 after buying an additional 163,274 shares in the last quarter. 40.19% of the stock is currently owned by institutional investors and hedge funds.
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.
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