Cantor Fitzgerald Forecasts Sprinklr FY2027 Earnings

Sprinklr, Inc. (NYSE:CXM - Free Report) - Investment analysts at Cantor Fitzgerald issued their FY2027 EPS estimates for Sprinklr in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst M. Vanvliet expects that the company will earn $0.16 per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $8.00 target price on the stock. The consensus estimate for Sprinklr's current full-year earnings is $0.10 per share.

A number of other research firms have also weighed in on CXM. DA Davidson boosted their price objective on Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, June 5th. JMP Securities reissued a "market outperform" rating and set a $17.00 price target on shares of Sprinklr in a research report on Thursday, June 5th. Wells Fargo & Company upped their price objective on shares of Sprinklr from $6.00 to $7.00 and gave the company an "underweight" rating in a report on Thursday, June 5th. Rosenblatt Securities restated a "buy" rating and set a $12.00 price objective on shares of Sprinklr in a research report on Thursday, June 5th. Finally, Scotiabank boosted their target price on shares of Sprinklr from $8.50 to $9.00 and gave the company a "sector perform" rating in a report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $10.25.

Sprinklr Stock Performance

Shares of CXM stock traded down $0.15 during trading hours on Tuesday, reaching $7.96. The company had a trading volume of 2,240,684 shares, compared to its average volume of 1,986,919. Sprinklr has a 12-month low of $6.75 and a 12-month high of $10.27. The company has a market capitalization of $2.04 billion, a price-to-earnings ratio of 49.75, a PEG ratio of 2.31 and a beta of 0.81. The stock has a fifty day moving average of $7.96 and a 200-day moving average of $8.44.

Sprinklr (NYSE:CXM - Get Free Report) last released its quarterly earnings data on Wednesday, June 4th. The company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.02. Sprinklr had a net margin of 5.59% and a return on equity of 7.84%. The company had revenue of $205.50 million during the quarter, compared to the consensus estimate of $201.83 million. During the same quarter in the prior year, the firm earned $0.09 EPS. Sprinklr's quarterly revenue was up 4.9% on a year-over-year basis.

Hedge Funds Weigh In On Sprinklr

Institutional investors have recently bought and sold shares of the company. Jefferies Financial Group Inc. lifted its position in shares of Sprinklr by 96.4% during the fourth quarter. Jefferies Financial Group Inc. now owns 5,807,400 shares of the company's stock worth $49,073,000 after purchasing an additional 2,851,106 shares in the last quarter. Norges Bank purchased a new stake in Sprinklr during the 4th quarter worth approximately $16,477,000. Vanguard Group Inc. lifted its holdings in Sprinklr by 8.5% during the 1st quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock worth $121,065,000 after buying an additional 1,138,542 shares in the last quarter. Nuveen LLC purchased a new position in Sprinklr in the 1st quarter valued at approximately $4,341,000. Finally, Susquehanna Fundamental Investments LLC purchased a new position in Sprinklr in the 4th quarter valued at approximately $3,786,000. 40.19% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Sprinklr news, major shareholder Battery Partners Ix, Llc sold 81,869 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $8.55, for a total transaction of $699,979.95. Following the transaction, the insider now directly owns 82,500 shares in the company, valued at $705,375. This represents a 49.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Neeraj Agrawal sold 378,940 shares of Sprinklr stock in a transaction on Monday, June 9th. The shares were sold at an average price of $8.76, for a total value of $3,319,514.40. Following the completion of the sale, the director now directly owns 321,304 shares of the company's stock, valued at $2,814,623.04. The trade was a 54.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 952,824 shares of company stock valued at $8,293,482 over the last 90 days. 60.53% of the stock is owned by company insiders.

Sprinklr Company Profile

Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.