Morgan Stanley Has Lowered Expectations for Sprinklr (NYSE:CXM) Stock Price

Sprinklr (NYSE:CXM) had its price target cut by equities research analysts at Morgan Stanley from $10.00 to $7.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley’s price target suggests a potential upside of 18.74% from the company’s current price.

Other analysts have also recently issued reports about the stock. 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 upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Saturday. Citigroup reduced their target price on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday. Cantor Fitzgerald restated a “neutral” rating and issued a $8.00 target price on shares of Sprinklr in a research note on Wednesday, December 3rd. Finally, DA Davidson lowered their price target on shares of Sprinklr from $9.00 to $6.50 and set a “neutral” rating for the company in a report on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Sprinklr has an average rating of “Reduce” and a consensus target price of $8.31.

Sprinklr Price Performance

NYSE CXM traded up $0.06 during mid-day trading on Monday, hitting $5.90. The company’s stock had a trading volume of 1,241,915 shares, compared to its average volume of 2,312,695. The firm has a market capitalization of $1.45 billion, a P/E ratio of 65.40 and a beta of 0.78. Sprinklr has a 52-week low of $5.12 and a 52-week high of $9.40. The stock’s fifty day simple moving average is $6.24 and its two-hundred day simple moving average is $7.18.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $216.93 million. During the same period in the previous year, the firm earned $0.10 earnings per share. Sprinklr’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. On average, equities analysts forecast that Sprinklr will post 0.1 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Jacob Scott sold 21,665 shares of Sprinklr stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $7.12, for a total value of $154,254.80. Following the completion of the sale, the general counsel owned 404,723 shares in the company, valued at approximately $2,881,627.76. The trade was a 5.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CTO Amitabh Misra sold 9,099 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total transaction of $70,790.22. Following the completion of the sale, the chief technology officer directly owned 584,627 shares in the company, valued at $4,548,398.06. This represents a 1.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 456,261 shares of company stock worth $3,150,245 over the last 90 days. 60.53% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sprinklr by 2.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after purchasing an additional 2,478 shares during the last quarter. Millennium Management LLC increased its holdings in Sprinklr by 4.6% in the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock valued at $4,854,000 after buying an additional 25,609 shares during the last quarter. Caxton Associates LLP acquired a new stake in Sprinklr during the first quarter valued at approximately $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Sprinklr by 4.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock valued at $2,177,000 after buying an additional 10,136 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Sprinklr by 20.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company’s stock worth $67,000 after buying an additional 1,347 shares during the last quarter. 40.19% of the stock is owned by institutional investors and hedge funds.

About Sprinklr

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.