Sprinklr (NYSE:CXM) Issues Q1 Earnings Guidance

Sprinklr (NYSE:CXM) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.07 for the period, compared to the consensus EPS estimate of $0.08. The company issued revenue guidance of $194-195 million, compared to the consensus revenue estimate of $193.18 million. Sprinklr also updated its FY 2025 guidance to 0.380-0.390 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. TheStreet cut Sprinklr from a c- rating to a d+ rating in a research note on Thursday, December 28th. Cantor Fitzgerald reiterated an overweight rating and issued a $16.00 price target on shares of Sprinklr in a research note on Thursday. Wells Fargo & Company increased their price target on Sprinklr from $12.00 to $14.00 and gave the company an equal weight rating in a research note on Thursday. Rosenblatt Securities increased their price target on Sprinklr from $16.00 to $18.00 and gave the company a buy rating in a research note on Thursday. Finally, Oppenheimer reiterated a market perform rating on shares of Sprinklr in a research note on Thursday. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of Moderate Buy and an average price target of $16.86.

Sprinklr Trading Down 5.7 %

Shares of Sprinklr stock opened at $12.27 on Friday. The business has a 50-day moving average price of $12.90 and a two-hundred day moving average price of $13.37. Sprinklr has a 1-year low of $10.70 and a 1-year high of $17.14. The company has a market cap of $3.36 billion, a P/E ratio of 68.17, a PEG ratio of 2.99 and a beta of 0.89.

Insiders Place Their Bets

In other news, CMO Arun Pattabhiraman sold 27,859 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $13.03, for a total value of $363,002.77. Following the completion of the sale, the chief marketing officer now directly owns 382,101 shares in the company, valued at approximately $4,978,776.03. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CMO Arun Pattabhiraman sold 27,859 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $13.03, for a total value of $363,002.77. Following the completion of the sale, the chief marketing officer now directly owns 382,101 shares in the company, valued at approximately $4,978,776.03. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Battery Partners Ix, Llc sold 10,424 shares of the firm’s stock in a transaction dated Wednesday, January 10th. The shares were sold at an average price of $11.99, for a total value of $124,983.76. Following the completion of the sale, the insider now owns 80,952 shares of the company’s stock, valued at $970,614.48. The disclosure for this sale can be found here. In the last ninety days, insiders sold 195,682 shares of company stock worth $2,476,123. Company insiders own 40.29% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

Several large investors have recently added to or reduced their stakes in CXM. BlackRock Inc. lifted its position in Sprinklr by 302.9% in the 2nd quarter. BlackRock Inc. now owns 6,344,527 shares of the company’s stock valued at $87,745,000 after acquiring an additional 4,769,625 shares in the last quarter. Vanguard Group Inc. lifted its position in Sprinklr by 180.0% in the 1st quarter. Vanguard Group Inc. now owns 4,611,375 shares of the company’s stock valued at $54,875,000 after acquiring an additional 2,964,701 shares in the last quarter. Point72 Asset Management L.P. lifted its position in Sprinklr by 16,066.1% in the 4th quarter. Point72 Asset Management L.P. now owns 1,907,600 shares of the company’s stock valued at $22,968,000 after acquiring an additional 1,895,800 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Sprinklr in the 4th quarter valued at about $21,405,000. Finally, State Street Corp lifted its position in shares of Sprinklr by 276.2% during the 2nd quarter. State Street Corp now owns 1,689,342 shares of the company’s stock worth $23,364,000 after buying an additional 1,240,295 shares in the last quarter. Institutional investors own 40.19% of the company’s stock.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company offers Unified Customer Experience Management platform, a purpose-built to analyze unstructured customer experience data, built to scale across future and modern channels, and integrates all stages of the customer journey.