Sprinklr, Inc. (NYSE:CXM) Stock Has Consensus Price Target of $8.21 According to Analysts

Sprinklr, Inc. (NYSE:CXM) has received an average rating of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $8.21.

Several analysts have issued reports on CXM shares. Citigroup reaffirmed a “market outperform” rating on shares of Sprinklr in a research report on Monday, September 14th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Sprinklr in a research note on Thursday, September 3rd. Weiss Ratings raised shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. DA Davidson boosted their price objective on shares of Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a research note on Thursday, September 3rd. Finally, Morgan Stanley upped their target price on shares of Sprinklr from $7.00 to $8.00 and gave the company an “equal weight” rating in a report on Thursday, September 3rd.

Sprinklr Stock Performance

Shares of NYSE CXM opened at $5.62 on Thursday. The stock has a 50 day moving average price of $6.15 and a 200 day moving average price of $5.72. Sprinklr has a 52 week low of $4.72 and a 52 week high of $8.27. The stock has a market capitalization of $1.31 billion, a PE ratio of 56.26 and a beta of 0.77.

Sprinklr (NYSE:CXM) last posted its quarterly earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%. The firm had revenue of $213.74 million for the quarter, compared to analyst estimates of $214.45 million. During the same quarter in the previous year, the firm earned $0.13 EPS. The business’s quarterly revenue was up .8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.470 EPS and its Q3 2027 guidance at 0.110-0.110 EPS. As a group, research analysts forecast that Sprinklr will post 0.23 EPS for the current year.

Insider Buying and Selling at Sprinklr

In other Sprinklr news, CEO Rory Read sold 203,666 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $5.17, for a total transaction of $1,052,953.22. Following the transaction, the chief executive officer owned 3,069,659 shares of the company’s stock, valued at $15,870,137.03. The trade was a 6.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Jacob Scott sold 71,585 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $6.97, for a total value of $498,947.45. Following the transaction, the general counsel directly owned 576,827 shares in the company, valued at approximately $4,020,484.19. This trade represents a 11.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 563,385 shares of company stock valued at $3,158,244 in the last three months. Corporate insiders own 25.18% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC lifted its stake in shares of Sprinklr by 84.9% during the 1st quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock worth $50,265,000 after buying an additional 3,846,652 shares during the last quarter. Private Management Group Inc. raised its holdings in Sprinklr by 1,249.3% in the 4th quarter. Private Management Group Inc. now owns 2,412,330 shares of the company’s stock valued at $18,768,000 after acquiring an additional 2,233,542 shares during the period. Dimensional Fund Advisors LP raised its holdings in Sprinklr by 19.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after acquiring an additional 438,083 shares during the period. First Trust Advisors LP raised its holdings in Sprinklr by 214.3% in the 1st quarter. First Trust Advisors LP now owns 634,417 shares of the company’s stock valued at $3,807,000 after acquiring an additional 432,565 shares during the period. Finally, Globeflex Capital L P acquired a new stake in Sprinklr during the second quarter worth approximately $1,310,000. 40.19% of the stock is owned by institutional investors and hedge funds.

Sprinklr Company Profile

Sprinklr, Inc is a software company that provides a unified customer experience management (CXM) platform for enterprises and government organizations. Its cloud-based solutions help organizations manage customer interactions across digital channels, social media, contact centers and other communication touchpoints from a common platform.

The company’s offerings include customer service and contact-center tools, social media management, digital engagement, marketing and advertising capabilities, customer feedback, and artificial intelligence-powered analytics and insights.