Analysts Set Sprinklr, Inc. (NYSE:CXM) Target Price at $7.79

Sprinklr, Inc. (NYSE:CXMGet Free Report) has received a consensus recommendation of “Hold” from the eight brokerages that are covering the firm, Marketbeat.com reports. Two research 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 target price among analysts that have updated their coverage on the stock in the last year is $7.7857.

A number of analysts have recently weighed in on CXM shares. Rosenblatt Securities reduced their target price on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a report on Thursday, June 4th. Citizens Jmp reduced their target price on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating on the stock 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 report on Monday, March 30th. Citigroup reduced their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Finally, DA Davidson reduced their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th.

Read Our Latest Analysis on CXM

Insider Buying and Selling

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

Hedge Funds Weigh In On Sprinklr

Institutional investors have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd boosted its stake in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock valued at $25,000 after purchasing an additional 1,940 shares in the last quarter. Summit Securities Group LLC boosted its stake in shares of Sprinklr by 210.8% during the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company’s stock valued at $27,000 after purchasing an additional 3,101 shares in the last quarter. Essential Partners LLC boosted its stake in shares of Sprinklr by 563.7% during the first quarter. Essential Partners LLC now owns 4,440 shares of the company’s stock valued at $27,000 after purchasing an additional 3,771 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company’s stock valued at $32,000 after purchasing an additional 4,143 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in shares of Sprinklr during the fourth quarter valued at approximately $38,000. Hedge funds and other institutional investors own 40.19% of the company’s stock.

Sprinklr Stock Down 0.1%

Shares of CXM stock opened at $5.40 on Friday. The stock has a market cap of $1.34 billion, a P/E ratio of 44.96 and a beta of 0.59. Sprinklr has a 52 week low of $4.72 and a 52 week high of $9.40. The company’s fifty day simple moving average is $5.40 and its two-hundred day simple moving average is $6.24.

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

Sprinklr Company Profile

(Get Free Report)

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.

Featured Articles

Analyst Recommendations for Sprinklr (NYSE:CXM)

Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.