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

Shares of Sprinklr, Inc. (NYSE:CXM) have been assigned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the company, Marketbeat Ratings reports. Two 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 brokerages that have issued a report on the stock in the last year is $7.7857.

CXM has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sprinklr in a research note on Friday, June 26th. Citigroup cut their price target on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Rosenblatt Securities reduced their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research report on Thursday, June 4th. DA Davidson reduced their price target on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, Wall Street Zen raised shares of Sprinklr from a “hold” rating to a “buy” rating in a report on Saturday, March 14th.

Sprinklr Stock Up 0.3%

Shares of NYSE CXM opened at $5.42 on Tuesday. The company has a market cap of $1.27 billion, a P/E ratio of 45.21 and a beta of 0.60. Sprinklr has a 52 week low of $4.72 and a 52 week high of $9.40. The business has a 50-day simple moving average of $5.24 and a two-hundred day simple moving average of $5.95.

Sprinklr (NYSE:CXM) last announced its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The firm had revenue of $219.48 million for the quarter, compared to analysts’ expectations of $215.89 million. During the same period in the prior year, the business posted $0.12 earnings per share. The company’s 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. Equities research analysts anticipate that Sprinklr will post 0.23 EPS for the current year.

Insider Buying and Selling at Sprinklr

In other news, insider Joy Corso sold 33,635 shares of Sprinklr stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $178,265.50. Following the completion of the sale, the insider owned 1,175,616 shares in the company, valued at approximately $6,230,764.80. This trade represents a 2.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rory P. Read sold 143,654 shares of Sprinklr stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $761,366.20. Following the sale, the chief executive officer owned 3,419,190 shares of the company’s stock, valued at approximately $18,121,707. This trade represents a 4.03% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 324,295 shares of company stock valued at $1,711,168 over the last 90 days. Insiders own 25.18% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC increased its holdings in shares of Sprinklr by 11,204.2% in the 4th quarter. SG Americas Securities LLC now owns 4,530,827 shares of the company’s stock worth $35,250,000 after buying an additional 4,490,746 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of Sprinklr by 41.8% during the 3rd quarter. First Eagle Investment Management LLC now owns 1,071,681 shares of the company’s stock worth $8,273,000 after acquiring an additional 315,953 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Sprinklr by 20.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock worth $135,653,000 after acquiring an additional 2,966,556 shares during the last quarter. JPMorgan Chase & Co. grew its position in Sprinklr by 44.6% in the third quarter. JPMorgan Chase & Co. now owns 624,918 shares of the company’s stock worth $4,824,000 after acquiring an additional 192,683 shares in the last quarter. Finally, Bullseye Asset Management LLC grew its position in Sprinklr by 142.5% in the third quarter. Bullseye Asset Management LLC now owns 481,701 shares of the company’s stock worth $3,719,000 after acquiring an additional 283,031 shares in the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.

Sprinklr Company Profile

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.