DA Davidson Issues Optimistic Estimate for Sprinklr Earnings

Sprinklr, Inc. (NYSE:CXM) – Equities research analysts at DA Davidson increased their FY2027 earnings estimates for Sprinklr in a report released on Thursday, October 23rd. DA Davidson analyst C. Wright now expects that the company will post earnings per share of $0.21 for the year, up from their previous forecast of $0.19. The consensus estimate for Sprinklr’s current full-year earnings is $0.10 per share.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The company had revenue of $212.04 million for the quarter, compared to analyst estimates of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. Sprinklr’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS.

Other equities analysts have also issued reports about the stock. Citigroup cut their price target on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, September 9th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sprinklr in a report on Wednesday, October 8th. Barclays lowered their price target on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, September 3rd. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 price target on shares of Sprinklr in a report on Tuesday, September 30th. Finally, Wall Street Zen raised Sprinklr from a “buy” rating to a “strong-buy” rating in a report on Sunday. Two equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Sprinklr presently has an average rating of “Hold” and an average price target of $10.00.

Sprinklr Stock Down 1.1%

Shares of CXM stock opened at $7.76 on Monday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 17.23 and a beta of 0.78. The company’s 50 day moving average is $7.91 and its 200 day moving average is $8.17. Sprinklr has a 52-week low of $6.75 and a 52-week high of $9.69.

Insider Activity

In other Sprinklr news, General Counsel Jacob Scott sold 6,688 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $51,832.00. Following the sale, the general counsel directly owned 434,976 shares of the company’s stock, valued at approximately $3,371,064. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Amitabh Misra sold 9,244 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $71,641.00. Following the sale, the chief technology officer directly owned 593,726 shares in the company, valued at $4,601,376.50. This represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 473,130 shares of company stock valued at $3,616,042. 60.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Sprinklr

Large investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its position in shares of Sprinklr by 209.5% in the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company’s stock worth $31,000 after acquiring an additional 2,489 shares during the period. Diversified Trust Co acquired a new position in shares of Sprinklr in the first quarter worth about $167,000. Teacher Retirement System of Texas raised its position in shares of Sprinklr by 48.4% in the first quarter. Teacher Retirement System of Texas now owns 140,117 shares of the company’s stock worth $1,170,000 after acquiring an additional 45,717 shares during the period. Principal Financial Group Inc. raised its position in shares of Sprinklr by 4.2% in the first quarter. Principal Financial Group Inc. now owns 672,116 shares of the company’s stock worth $5,612,000 after acquiring an additional 27,171 shares during the period. Finally, Bank of New York Mellon Corp raised its position in shares of Sprinklr by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company’s stock worth $13,028,000 after acquiring an additional 65,897 shares during the period. 40.19% of the stock is currently owned by institutional investors and hedge funds.

About Sprinklr

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.