Cantor Fitzgerald Predicts Sprinklr FY2027 Earnings

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

Several other equities analysts have also recently commented on the stock. Morgan Stanley raised their target price on shares of Sprinklr from $8.00 to $10.00 and gave the company an "equal weight" rating in a research note on Thursday, June 5th. Rosenblatt Securities reiterated a "buy" rating and set a $12.00 price objective on shares of Sprinklr in a research report on Thursday, June 5th. Scotiabank upped their target price on Sprinklr from $8.50 to $9.00 and gave the company a "sector perform" rating in a report on Thursday, March 13th. JMP Securities reiterated a "market outperform" rating and issued a $17.00 target price on shares of Sprinklr in a report on Thursday, June 5th. Finally, DA Davidson lifted their price objective on shares of Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, June 5th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $10.25.

Sprinklr Trading Up 1.2%

NYSE:CXM traded up $0.11 during mid-day trading on Tuesday, hitting $8.81. The stock had a trading volume of 2,451,302 shares, compared to its average volume of 1,984,442. The company has a 50 day simple moving average of $7.87 and a 200-day simple moving average of $8.44. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 55.03, a P/E/G ratio of 2.31 and a beta of 0.81. Sprinklr has a 52 week low of $6.75 and a 52 week high of $10.27.

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

Institutional Investors Weigh In On Sprinklr

A number of large investors have recently bought and sold shares of CXM. PNC Financial Services Group Inc. raised its holdings in Sprinklr by 100.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company's stock valued at $33,000 after buying an additional 1,928 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Sprinklr by 2.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company's stock valued at $988,000 after acquiring an additional 2,478 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Sprinklr by 209.5% during the 1st quarter. GAMMA Investing LLC now owns 3,677 shares of the company's stock valued at $31,000 after acquiring an additional 2,489 shares during the last quarter. EPIQ Capital Group LLC raised its stake in shares of Sprinklr by 26.2% in the 4th quarter. EPIQ Capital Group LLC now owns 12,841 shares of the company's stock valued at $109,000 after acquiring an additional 2,664 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Sprinklr by 10.6% in the 4th quarter. NewEdge Advisors LLC now owns 28,212 shares of the company's stock worth $238,000 after purchasing an additional 2,700 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the business's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $9.28, for a total value of $241,771.84. Following the completion of the sale, the director now directly owns 968,306 shares of the company's stock, valued at $8,985,879.68. The trade was a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder R David Tabors sold 84,010 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of $8.65, for a total transaction of $726,686.50. The disclosure for this sale can be found here. Insiders sold a total of 111,569 shares of company stock worth $980,085 in the last quarter. 60.53% of the stock is currently owned by corporate insiders.

About Sprinklr

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.