Sprinklr, Inc. (NYSE:CXM) Receives Consensus Rating of "Hold" from Brokerages

Key Points

• Sprinklr received a consensus “Hold” rating from seven brokerages, with three buys, three holds and one sell; analysts’ average 12-month price target is $8.21.
• The stock opened at $5.19, compared with a 52-week range of $4.72 to $8.27. In its latest quarter, Sprinklr reported adjusted EPS of $0.11, beating estimates by $0.01, while revenue of $213.74 million narrowly missed forecasts.
• Insiders sold 563,385 shares worth approximately $3.16 million over the past three months, while institutional investors and hedge funds own 40.19% of the company.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) has been assigned an average rating of "Hold" from the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $8.21.

A number of equities research analysts have recently commented on CXM shares. Citigroup reiterated a "market outperform" rating on shares of Sprinklr in a report on Monday, September 14th. Weiss Ratings raised shares of Sprinklr from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday, August 5th. Cantor Fitzgerald restated a "neutral" rating on shares of Sprinklr in a research report on Thursday, September 3rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $8.50 target price on shares of Sprinklr in a research note on Thursday, September 3rd. Finally, Morgan Stanley boosted their price target on Sprinklr from $7.00 to $8.00 and gave the company an "equal weight" rating in a report on Thursday, September 3rd.

Insider Activity

In other news, CEO Rory P. Read sold 203,666 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $5.17, for a total transaction of $1,052,953.22. Following the transaction, the chief executive officer directly owned 3,069,659 shares in the company, valued at $15,870,137.03. This represents a 6.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Amitabh Misra sold 40,000 shares of the business's stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $5.73, for a total transaction of $229,200.00. Following the completion of the sale, the chief technology officer owned 814,779 shares of the company's stock, valued at approximately $4,668,683.67. The trade was a 4.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 563,385 shares of company stock valued at $3,158,244 in the last three months. Company insiders own 25.18% of the company's stock.

Hedge Funds Weigh In On Sprinklr

A number of hedge funds have recently made changes to their positions in CXM. SG Americas Securities LLC increased its position in 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 purchasing an additional 3,846,652 shares in the last quarter. Private Management Group Inc. lifted its position in Sprinklr by 1,249.3% during the fourth quarter. Private Management Group Inc. now owns 2,412,330 shares of the company's stock valued at $18,768,000 after buying an additional 2,233,542 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Sprinklr by 19.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company's stock worth $15,891,000 after buying an additional 438,083 shares during the period. First Trust Advisors LP grew its stake in Sprinklr by 214.3% during the first quarter. First Trust Advisors LP now owns 634,417 shares of the company's stock worth $3,807,000 after buying an additional 432,565 shares during the period. Finally, Globeflex Capital L P acquired a new stake in shares of Sprinklr in the second quarter worth $1,310,000. Institutional investors and hedge funds own 40.19% of the company's stock.

Sprinklr Stock Up 0.5%

CXM opened at $5.19 on Thursday. The firm has a market cap of $1.20 billion, a P/E ratio of 51.89 and a beta of 0.77. Sprinklr has a 52 week low of $4.72 and a 52 week high of $8.27. The business's fifty day simple moving average is $6.24 and its 200 day simple moving average is $5.74.

Sprinklr (NYSE:CXM - Get Free Report) last announced its earnings results on Wednesday, September 2nd. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The firm had revenue of $213.74 million during the quarter, compared to the consensus estimate of $214.45 million. Sprinklr had a net margin of 2.65% and a return on equity of 7.21%. The firm's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, equities analysts expect that Sprinklr will post 0.23 EPS for the current fiscal year.

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.

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