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

Sprinklr, Inc. (NYSE:CXM) has been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $8.21.

CXM has been the subject of a number of research reports. DA Davidson upped their target price on shares of Sprinklr from $6.00 to $6.50 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Citizens Jmp reaffirmed a “market outperform” rating and set a $11.00 target price on shares of Sprinklr in a research note on Monday, September 21st. Cantor Fitzgerald reiterated a “neutral” rating on shares of Sprinklr in a report on Thursday, September 3rd. Weiss Ratings upgraded shares of Sprinklr from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, October 23rd. Finally, Wall Street Zen upgraded shares of Sprinklr from a “hold” rating to a “buy” rating in a research note on Monday, October 19th.

Insider Transactions at Sprinklr

In other news, General Counsel Jacob Scott sold 16,407 shares of Sprinklr stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $6.97, for a total value of $114,356.79. Following the sale, the general counsel directly owned 534,326 shares of the company’s stock, valued at approximately $3,724,252.22. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen Ward, Jr. bought 150,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The stock was purchased at an average price of $5.67 per share, for a total transaction of $850,500.00. Following the completion of the transaction, the director directly owned 237,088 shares of the company’s stock, valued at $1,344,288.96. This represents a 172.24% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders sold 508,207 shares of company stock valued at $2,773,654. 25.18% of the stock is owned by insiders.

Institutional Trading of Sprinklr

Large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. raised its position in shares of Sprinklr by 275.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 191,975 shares of the company’s stock valued at $932,000 after buying an additional 140,855 shares in the last quarter. Maryland State Retirement & Pension System lifted its holdings in shares of Sprinklr by 59.1% in the 3rd quarter. Maryland State Retirement & Pension System now owns 26,164 shares of the company’s stock valued at $130,000 after acquiring an additional 9,719 shares during the last quarter. Illinois Municipal Retirement Fund lifted its holdings in shares of Sprinklr by 35.7% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 89,432 shares of the company’s stock valued at $443,000 after acquiring an additional 23,544 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in Sprinklr by 4.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 54,020 shares of the company’s stock worth $282,000 after acquiring an additional 2,108 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in Sprinklr in the third quarter worth about $572,000. Institutional investors own 40.19% of the company’s stock.

Sprinklr Trading Up 0.1%

NYSE CXM opened at $6.67 on Monday. The stock’s 50 day moving average is $6.00 and its 200 day moving average is $5.85. Sprinklr has a 12 month low of $4.72 and a 12 month high of $8.27. The stock has a market cap of $1.55 billion, a PE ratio of 66.76 and a beta of 0.67.

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

Sprinklr Company Profile

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