What is Scotiabank's Estimate for Sprinklr FY2026 Earnings?

Sprinklr, Inc. (NYSE:CXM - Free Report) - Investment analysts at Scotiabank lifted their FY2026 earnings estimates for shares of Sprinklr in a note issued to investors on Monday, June 9th. Scotiabank analyst A. Verkhovski now forecasts that the company will earn $0.15 per share for the year, up from their prior forecast of $0.14. Scotiabank currently has a "Sector Perform" rating and a $9.00 price target on the stock. The consensus estimate for Sprinklr's current full-year earnings is $0.10 per share.

Sprinklr (NYSE:CXM - Get Free Report) last issued its quarterly earnings results on Wednesday, June 4th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $201.83 million. During the same quarter last year, the business posted $0.09 EPS. Sprinklr's quarterly revenue was up 4.9% compared to the same quarter last year.

A number of other research firms also recently issued reports on CXM. 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 report on Thursday, June 5th. Cantor Fitzgerald assumed coverage on shares of Sprinklr in a research note on Tuesday, June 3rd. They issued a "neutral" rating and a $8.00 price target for the company. Rosenblatt Securities reissued a "buy" rating and issued a $12.00 price target on shares of Sprinklr in a research note on Thursday, June 5th. Wells Fargo & Company boosted their price target on shares of Sprinklr from $6.00 to $7.00 and gave the stock an "underweight" rating in a research note on Thursday, June 5th. Finally, Morgan Stanley boosted their price target on shares of Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 5th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $10.25.

Sprinklr Trading Down 5.4%

Shares of CXM traded down $0.46 during mid-day trading on Thursday, reaching $8.11. 5,798,096 shares of the stock traded hands, compared to its average volume of 1,986,948. The firm has a fifty day moving average price of $7.92 and a 200 day moving average price of $8.45. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 50.69, a price-to-earnings-growth ratio of 2.31 and a beta of 0.81. Sprinklr has a 1 year low of $6.75 and a 1 year high of $10.27.

Hedge Funds Weigh In On Sprinklr

Hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of 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 purchasing an additional 1,138,542 shares during the last quarter. Jefferies Financial Group Inc. boosted its position in shares of Sprinklr by 96.4% during the 4th 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 during the period. Deutsche Bank AG boosted its position in Sprinklr by 2.7% in the 4th quarter. Deutsche Bank AG now owns 2,792,583 shares of the company's stock valued at $23,597,000 after buying an additional 73,405 shares during the period. Norges Bank purchased a new position in Sprinklr in the 4th quarter valued at approximately $16,477,000. Finally, Letko Brosseau & Associates Inc. grew its stake in shares of Sprinklr by 1.0% during the first quarter. Letko Brosseau & Associates Inc. now owns 1,748,875 shares of the company's stock worth $14,603,000 after purchasing an additional 17,275 shares in the last quarter. Hedge funds and other institutional investors own 40.19% of the company's stock.

Insider Transactions at Sprinklr

In other Sprinklr news, major shareholder R David Tabors sold 84,010 shares of the company's stock in a transaction on Friday, June 6th. The shares were sold at an average price of $8.65, for a total value of $726,686.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Neeraj Agrawal sold 121,060 shares of Sprinklr stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $8.74, for a total value of $1,058,064.40. Following the transaction, the director now owns 200,244 shares of the company's stock, valued at approximately $1,750,132.56. This represents a 37.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 897,008 shares of company stock valued at $7,835,274. Corporate insiders own 60.53% of the company's stock.

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.