Sprinklr, Inc. (NYSE:CXM) Stock Has Average Target Price of $8.21

Key Points

• Analyst consensus is “Hold”: Four of seven analysts rate Sprinklr neutral and three rate it a buy, with an average 12-month price target of $8.21.
• Sprinklr shares opened at $6.83, up 0.3%, with a market capitalization of approximately $1.59 billion; the stock has traded between $4.72 and $8.27 over the past year.
• The company slightly beat quarterly EPS estimates, reporting $0.11 versus the expected $0.10, while revenue of $213.74 million was just below consensus and increased 0.8% year over year.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) has earned an average recommendation of "Hold" from the seven research firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $8.21.

A number of equities research analysts recently weighed in on CXM shares. DA Davidson boosted their price objective on shares of Sprinklr from $6.00 to $6.50 and gave the company a "neutral" rating in a research report on Thursday, September 3rd. Citigroup reiterated a "market outperform" rating on shares of Sprinklr in a research report on Monday, September 14th. Cantor Fitzgerald reiterated a "neutral" rating on shares of Sprinklr in a research note on Thursday, September 3rd. Weiss Ratings raised Sprinklr from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday, October 23rd. Finally, Rosenblatt Securities restated a "buy" rating and issued a $8.50 target price on shares of Sprinklr in a research report on Thursday, September 3rd.

Insider Buying and Selling at Sprinklr

In related news, insider Sanjay Macwan sold 6,936 shares of Sprinklr stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $5.55, for a total value of $38,494.80. Following the completion of the transaction, the insider owned 545,997 shares in the company, valued at approximately $3,030,283.35. This trade represents a 1.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Stephen Ward, Jr. bought 150,000 shares of the business's stock in a transaction on Tuesday, October 13th. The shares were acquired at an average cost of $5.67 per share, with a total value of $850,500.00. Following the purchase, the director owned 237,088 shares of the company's stock, valued at $1,344,288.96. The trade was a 172.24% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 563,385 shares of company stock valued at $3,158,244 over the last three months. 25.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sprinklr

Several institutional investors have recently made changes to their positions in CXM. Dimensional Fund Advisors LP lifted its holdings in shares of Sprinklr by 19.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company's stock valued at $15,891,000 after buying an additional 438,083 shares during the period. Bank of America Corp DE lifted its stake in shares of Sprinklr by 3.9% in the 1st quarter. Bank of America Corp DE now owns 1,680,846 shares of the company's stock valued at $10,085,000 after acquiring an additional 62,604 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Sprinklr by 8.9% during the 1st quarter. Bank of New York Mellon Corp now owns 1,329,921 shares of the company's stock valued at $7,980,000 after purchasing an additional 108,340 shares during the last quarter. Principal Financial Group Inc. lifted its position in Sprinklr by 7.9% in the first quarter. Principal Financial Group Inc. now owns 978,240 shares of the company's stock valued at $5,869,000 after purchasing an additional 71,646 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in shares of Sprinklr by 37.5% during the 1st quarter. Pacer Advisors Inc. now owns 869,926 shares of the company's stock valued at $5,220,000 after purchasing an additional 237,216 shares during the period. Hedge funds and other institutional investors own 40.19% of the company's stock.

Sprinklr Trading Up 0.3%

CXM stock opened at $6.83 on Monday. The stock has a market cap of $1.59 billion, a PE ratio of 68.31 and a beta of 0.67. Sprinklr has a 1 year low of $4.72 and a 1 year high of $8.27. The stock has a 50-day moving average price of $6.07 and a two-hundred day moving average price of $5.85.

Sprinklr (NYSE:CXM - Get Free Report) last issued its quarterly earnings results 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. Sprinklr had a return on equity of 7.21% and a net margin of 2.65%. The firm had revenue of $213.74 million during the quarter, compared to the consensus estimate of $214.45 million. During the same quarter last year, the company posted $0.13 EPS. The company's revenue for the quarter was up .8% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Sprinklr Company Profile

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