Sprinklr (NYSE:CXM) Shares Gap Down – Here’s What Happened

Sprinklr, Inc. (NYSE:CXM)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $5.62, but opened at $5.15. Sprinklr shares last traded at $5.47, with a volume of 732,441 shares.

More Sprinklr News

Here are the key news stories impacting Sprinklr this week:

• Positive Sentiment: Sprinklr reported Q1 EPS of $0.11, topping estimates of $0.10, and revenue of $219.48 million versus $215.89 million expected; revenue also rose 6.8% year over year, showing the business is still growing. Sprinklr Announces First Quarter Fiscal 2027 Results
• Positive Sentiment: Rosenblatt Securities lowered its price target to $8.50 from $12.00 but kept a Buy rating, signaling that some analysts still see meaningful upside from current levels. Benzinga analyst update
• Neutral Sentiment: Citigroup and DA Davidson both cut their price targets to $6.00 and maintained Neutral ratings, reflecting a more cautious stance rather than a clearly bearish call. Benzinga analyst updates
• Negative Sentiment: Sprinklr’s Q2 fiscal 2027 guidance came in below expectations, with EPS guidance of $0.10 versus $0.11 consensus and revenue guidance of $214 million-$215 million versus $215.7 million expected. Sprinklr Announces First Quarter Fiscal 2027 Results
• Negative Sentiment: Full-year FY2027 revenue guidance of $866.5 million-$868.5 million also missed Wall Street estimates, which likely fueled concerns that demand or execution may be slowing. Sprinklr Announces First Quarter Fiscal 2027 Results

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on CXM. Rosenblatt Securities reduced their price objective on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday. Weiss Ratings lowered shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 30th. DA Davidson reduced their price objective on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday. Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Citizens Jmp reduced their price objective on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $7.79.

Sprinklr Trading Down 1.7%

The firm has a market cap of $1.33 billion, a P/E ratio of 44.63 and a beta of 0.59. The firm’s 50 day moving average is $5.43 and its two-hundred day moving average is $6.27.

Sprinklr (NYSE:CXM) last announced its earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. The firm had revenue of $219.48 million for the quarter, compared to the consensus estimate of $215.89 million. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the company posted $0.12 EPS. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Analysts predict that Sprinklr, Inc. will post 0.22 EPS for the current fiscal year.

Insider Buying and Selling

In other Sprinklr news, CTO Amitabh Misra sold 34,189 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $5.85, for a total transaction of $200,005.65. Following the sale, the chief technology officer directly owned 970,753 shares in the company, valued at approximately $5,678,905.05. This trade represents a 3.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 25.18% of the company’s stock.

Institutional Trading of Sprinklr

Several hedge funds have recently bought and sold shares of CXM. Aster Capital Management DIFC Ltd raised its holdings in Sprinklr by 148.9% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after buying an additional 1,940 shares during the period. Summit Securities Group LLC raised its holdings in Sprinklr by 210.8% during the 1st quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock worth $27,000 after buying an additional 3,101 shares during the period. Essential Partners LLC raised its holdings in Sprinklr by 563.7% during the 1st quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock worth $27,000 after buying an additional 3,771 shares during the period. Larson Financial Group LLC raised its holdings in Sprinklr by 24,370.6% during the 3rd quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock worth $32,000 after buying an additional 4,143 shares during the period. Finally, Empowered Funds LLC acquired a new stake in Sprinklr during the 4th quarter worth approximately $38,000. 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.