Rosenblatt Securities Reaffirms Buy Rating for Sprinklr (NYSE:CXM)

Key Points

• Rosenblatt Securities has reaffirmed a "Buy" rating for Sprinklr (NYSE:CXM) with a price target of $12.00, suggesting a potential upside of 55.1% from the current stock price.
• The consensus among analysts shows a "Hold" rating for Sprinklr, with a consensus target price of $10.17, while a range of price targets from various firms reflect differing opinions on the stock's performance.
• Sprinklr reported a $0.13 EPS for its last quarter, exceeding analysts' expectations, and its quarterly revenue increased by 7.5% compared to the previous year, amounting to $212.04 million.

Rosenblatt Securities reissued their buy rating on shares of Sprinklr (NYSE:CXM - Free Report) in a research report released on Thursday,Benzinga reports. The brokerage currently has a $12.00 price objective on the stock.

Other analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Sprinklr from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Morgan Stanley increased their target price on Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 5th. Barclays reduced their target price on shares of Sprinklr from $9.00 to $8.00 and set an "underweight" rating for the company in a research report on Wednesday, September 3rd. DA Davidson increased their price objective on shares of Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, June 5th. Finally, Wells Fargo & Company lifted their price target on shares of Sprinklr from $6.00 to $7.00 and gave the company an "underweight" rating in a report on Thursday, June 5th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Sprinklr presently has a consensus rating of "Hold" and a consensus price target of $10.00.

Sprinklr Stock Performance

Shares of CXM traded down $0.06 during trading hours on Thursday, reaching $7.86. 585,860 shares of the company traded hands, compared to its average volume of 1,997,895. Sprinklr has a 1-year low of $6.75 and a 1-year high of $9.69. The stock has a market cap of $2.03 billion, a P/E ratio of 17.46 and a beta of 0.81. The stock's fifty day moving average is $8.63 and its 200 day moving average is $8.33.

Sprinklr (NYSE:CXM - Get Free Report) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.03. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.The company had revenue of $212.04 million for the quarter, compared to analyst estimates of $205.39 million. During the same quarter last year, the firm earned $0.07 EPS. Sprinklr's revenue for the quarter was up 7.5% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. On average, equities research analysts predict that Sprinklr will post 0.1 EPS for the current year.

Insider Activity

In other Sprinklr news, CFO Manish Sarin sold 174,749 shares of Sprinklr stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $9.07, for a total value of $1,584,973.43. Following the completion of the sale, the chief financial officer owned 732,421 shares of the company's stock, valued at approximately $6,643,058.47. This trade represents a 19.26% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Jacob Scott sold 62,422 shares of the firm's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $7.99, for a total transaction of $498,751.78. Following the sale, the general counsel directly owned 441,664 shares in the company, valued at approximately $3,528,895.36. The trade was a 12.38% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 9,643,242 shares of company stock valued at $78,360,888. 60.53% of the stock is owned by insiders.

Institutional Trading of Sprinklr

Several hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp grew its stake in Sprinklr by 4.4% during the 1st quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company's stock worth $13,028,000 after buying an additional 65,897 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Sprinklr by 209.5% during the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company's stock worth $31,000 after purchasing an additional 2,489 shares in the last quarter. Bank of America Corp DE boosted its holdings in Sprinklr by 34.2% in the fourth quarter. Bank of America Corp DE now owns 883,398 shares of the company's stock valued at $7,465,000 after purchasing an additional 224,886 shares during the period. Invesco Ltd. increased its position in shares of Sprinklr by 9.0% in the 1st quarter. Invesco Ltd. now owns 495,076 shares of the company's stock valued at $4,134,000 after purchasing an additional 40,701 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Sprinklr by 8.5% in the first quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock valued at $121,065,000 after purchasing an additional 1,138,542 shares during the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.

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.