Sprinklr, Inc. (NYSE:CXM) Given Average Rating of "Hold" by Brokerages

Key Points

• Sprinklr, Inc. has received an average rating of "Hold" from twelve brokerages, with two sell recommendations, eight holds, and two buys.
• The company reported $212.04 million in revenue for the recent quarter, exceeding expectations, and achieved a net margin of 14.64%.
• Insider Ragy Thomas sold 3 million shares, decreasing his ownership by nearly 80%, a significant move in the context of insider trading.

Sprinklr, Inc. (NYSE:CXM - Get Free Report) has earned a consensus rating of "Hold" from the twelve brokerages that are covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $10.00.

Several research firms have recently weighed in on CXM. Wells Fargo & Company upped their price objective on Sprinklr from $6.00 to $7.00 and gave the company an "underweight" rating in a research note on Thursday, June 5th. Citigroup dropped their price objective on Sprinklr from $10.00 to $9.00 and set a "neutral" rating for the company in a research note on Tuesday, September 9th. DA Davidson lifted their price objective on Sprinklr from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Thursday, June 5th. Cantor Fitzgerald assumed coverage on shares of Sprinklr in a report on Tuesday, June 3rd. They issued a "neutral" rating and a $8.00 target price on the stock. Finally, Barclays cut their price target on shares of Sprinklr from $9.00 to $8.00 and set an "underweight" rating for the company in a report on Wednesday, September 3rd.

Sprinklr Stock Up 0.7%

Shares of Sprinklr stock opened at $7.87 on Friday. The business has a fifty day simple moving average of $8.35 and a 200-day simple moving average of $8.27. Sprinklr has a 12 month low of $6.75 and a 12 month high of $9.69. The stock has a market cap of $1.92 billion, a PE ratio of 17.48 and a beta of 0.81.

Sprinklr (NYSE:CXM - Get Free Report) last released its quarterly earnings results on Wednesday, September 3rd. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.03. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. 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 posted $0.07 earnings per share. The company's quarterly revenue 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. Analysts expect that Sprinklr will post 0.1 EPS for the current fiscal year.

Insider Buying and Selling

In other Sprinklr news, Director Ragy Thomas sold 3,000,000 shares of Sprinklr stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $8.37, for a total value of $25,110,000.00. Following the completion of the transaction, the director owned 766,217 shares in the company, valued at approximately $6,413,236.29. The trade was a 79.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Amitabh Misra sold 9,244 shares of the firm's stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $71,641.00. Following the completion of the sale, the chief technology officer owned 593,726 shares of the company's stock, valued at approximately $4,601,376.50. This trade represents a 1.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,321,325 shares of company stock valued at $27,891,360 in the last ninety days. 60.53% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sea Cliff Partners Management LP raised its position in Sprinklr by 1,174.6% in the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company's stock worth $18,331,000 after purchasing an additional 1,996,792 shares during the last quarter. Norges Bank acquired a new stake in shares of Sprinklr in the 2nd quarter valued at $10,310,000. Vanguard Group Inc. lifted its stake in shares of Sprinklr by 8.5% during the first quarter. Vanguard Group Inc. now owns 14,498,855 shares of the company's stock valued at $121,065,000 after acquiring an additional 1,138,542 shares during the period. Jefferies Financial Group Inc. boosted its holdings in Sprinklr by 31.6% in the second quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company's stock valued at $39,610,000 after acquiring an additional 1,125,000 shares during the last quarter. Finally, Pathway Capital Management LP bought a new position in Sprinklr in the second quarter valued at about $4,621,000. Institutional investors and hedge funds own 40.19% 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.

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