Scotiabank Has Bullish Estimate for Sprinklr FY2026 Earnings

Sprinklr, Inc. (NYSE:CXM - Free Report) - Research analysts at Scotiabank raised their FY2026 earnings per share estimates for Sprinklr in a note issued to investors on Monday, June 9th. Scotiabank analyst A. Verkhovski now expects that the company will earn $0.15 per share for the year, up from their previous estimate of $0.14. Scotiabank has a "Sector Perform" rating and a $9.00 price objective 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 released its quarterly earnings data 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. The firm had revenue of $205.50 million during the quarter, compared to analysts' expectations of $201.83 million. Sprinklr had a return on equity of 7.84% and a net margin of 5.59%. Sprinklr's revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.09 earnings per share.

Other research analysts have also recently issued research reports about the company. Morgan Stanley raised their price target on Sprinklr from $8.00 to $10.00 and gave the company an "equal weight" rating in a research report on Thursday, June 5th. Cantor Fitzgerald started coverage on Sprinklr in a research report on Tuesday, June 3rd. They issued a "neutral" rating and a $8.00 price target for the company. Rosenblatt Securities restated a "buy" rating and issued a $12.00 price target on shares of Sprinklr in a research report on Thursday, June 5th. Wells Fargo & Company raised their price target on Sprinklr from $6.00 to $7.00 and gave the company an "underweight" rating in a research report on Thursday, June 5th. Finally, JMP Securities restated a "market outperform" rating and issued a $17.00 price target on shares of Sprinklr in a research report on Thursday, June 5th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $10.25.

Sprinklr Stock Performance

NYSE:CXM traded down $0.15 during trading hours on Thursday, hitting $7.96. The company's stock had a trading volume of 2,240,684 shares, compared to its average volume of 1,985,192. The business's 50-day moving average is $7.96 and its two-hundred day moving average is $8.45. The company has a market capitalization of $2.06 billion, a PE ratio of 49.75, a PEG 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.

Institutional Trading of Sprinklr

A number of hedge funds have recently added to or reduced their stakes in CXM. Barclays PLC boosted its stake in Sprinklr by 283.7% in the 3rd quarter. Barclays PLC now owns 242,990 shares of the company's stock worth $1,878,000 after buying an additional 179,661 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Sprinklr in the 4th quarter worth about $89,000. Bank of New York Mellon Corp boosted its stake in Sprinklr by 0.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,494,287 shares of the company's stock worth $12,627,000 after buying an additional 11,513 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Sprinklr by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,055,292 shares of the company's stock worth $8,917,000 after buying an additional 18,021 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Sprinklr by 41.5% in the 4th quarter. Victory Capital Management Inc. now owns 87,070 shares of the company's stock worth $736,000 after buying an additional 25,552 shares during the last quarter. 40.19% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Sprinklr

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

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.