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

Key Points

• Analysts rate Sprinklr “Hold” on average: Of eight analysts, four recommend holding, two recommend selling and two recommend buying. The average 12-month price target is $7.79, with several firms recently lowering their targets.
• Sprinklr shares opened at $6.89, up 2.9%, with a $1.62 billion market capitalization. The company exceeded quarterly expectations, reporting $0.11 in EPS and $219.48 million in revenue, up 6.8% year over year.
• Insiders sold about 395,880 shares worth $2.21 million over the past 90 days, primarily to cover tax obligations tied to equity awards. Insiders own 25.18% of the company, while institutional investors own 40.19%.

Shares of Sprinklr, Inc. (NYSE:CXM - Get Free Report) have been given an average rating of "Hold" by the eight analysts that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $7.7857.

CXM has been the subject of several recent research reports. DA Davidson reduced their price target on Sprinklr from $6.25 to $6.00 and set a "neutral" rating for the company in a research note on Thursday, June 4th. Citigroup lowered their price objective on Sprinklr from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Thursday, June 4th. Weiss Ratings raised Sprinklr from a "sell (d)" rating to a "sell (d+)" rating in a report on Wednesday, August 5th. Finally, Rosenblatt Securities reduced their target price on shares of Sprinklr from $12.00 to $8.50 and set a "buy" rating for the company in a research report on Thursday, June 4th.

Sprinklr Stock Up 2.9%

Sprinklr stock opened at $6.89 on Wednesday. The stock has a market cap of $1.62 billion, a P/E ratio of 57.46 and a beta of 0.58. Sprinklr has a twelve month low of $4.72 and a twelve month high of $8.85. The company's 50-day moving average price is $5.82 and its two-hundred day moving average price is $5.67.

Sprinklr (NYSE:CXM - Get Free Report) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. Sprinklr had a return on equity of 8.13% and a net margin of 3.29%.The company had revenue of $219.48 million during the quarter, compared to analysts' expectations of $215.89 million. During the same quarter in the previous year, the company posted $0.12 earnings per share. The business's revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. Equities analysts anticipate that Sprinklr will post 0.23 earnings per share for the current fiscal year.

Insider Transactions at Sprinklr

In other news, insider Joy Corso sold 33,635 shares of Sprinklr stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total value of $178,265.50. Following the completion of the sale, the insider directly owned 1,175,616 shares in the company, valued at approximately $6,230,764.80. The trade was a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Karthik Suri sold 41,852 shares of the business's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total value of $215,119.28. Following the completion of the sale, the insider owned 1,111,472 shares of the company's stock, valued at approximately $5,712,966.08. This trade represents a 3.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 395,880 shares of company stock worth $2,210,116. Company insiders own 25.18% of the company's stock.

Institutional Trading of Sprinklr

Institutional investors have recently modified their holdings of the stock. Aster Capital Management DIFC Ltd increased its position in shares of Sprinklr by 148.9% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company's stock worth $25,000 after purchasing an additional 1,940 shares during the period. Larson Financial Group LLC lifted its position in Sprinklr by 24,370.6% during the third quarter. Larson Financial Group LLC now owns 4,160 shares of the company's stock worth $32,000 after purchasing an additional 4,143 shares during the period. Essential Partners LLC grew its stake in Sprinklr by 563.7% during the first quarter. Essential Partners LLC now owns 4,440 shares of the company's stock worth $27,000 after buying an additional 3,771 shares in the last quarter. Summit Securities Group LLC grew its stake in Sprinklr by 210.8% during the first quarter. Summit Securities Group LLC now owns 4,572 shares of the company's stock worth $27,000 after buying an additional 3,101 shares in the last quarter. Finally, Empowered Funds LLC bought a new position in Sprinklr in the 4th quarter valued at about $38,000. 40.19% of the stock is currently owned by institutional investors.

About Sprinklr

Sprinklr, Inc NYSE: CXM is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr's platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.

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