Sprinklr (NYSE:CXM) Announces Earnings Results, Beats Expectations By $0.02 EPS

Sprinklr (NYSE:CXM - Get Free Report) issued its earnings results on Wednesday. The company reported $0.12 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.02, Briefing.com reports. Sprinklr had a net margin of 5.59% and a return on equity of 7.84%. The firm had revenue of $205.50 million for the quarter, compared to analyst estimates of $201.83 million. During the same quarter last year, the business posted $0.09 earnings per share. The company's quarterly revenue was up 4.9% on a year-over-year basis. Sprinklr updated its FY 2026 guidance to 0.390-0.400 EPS and its Q2 2026 guidance to 0.100-0.100 EPS.

Sprinklr Stock Down 2.5%

NYSE:CXM traded down $0.23 during trading hours on Thursday, reaching $8.84. The company had a trading volume of 2,058,618 shares, compared to its average volume of 2,012,014. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 55.22, a P/E/G ratio of 2.31 and a beta of 0.81. The business's 50-day simple moving average is $7.86 and its two-hundred day simple moving average is $8.42. Sprinklr has a twelve month low of $6.75 and a twelve month high of $10.27.

Wall Street Analysts Forecast Growth

CXM has been the subject of several analyst reports. Wells Fargo & Company raised their price target on shares of Sprinklr from $6.00 to $7.00 and gave the company an "underweight" rating in a research note on Thursday. William Blair downgraded shares of Sprinklr from an "outperform" rating to a "market perform" rating in a research note on Friday, February 7th. DA Davidson raised their price target on shares of Sprinklr from $8.00 to $9.00 and gave the company a "neutral" rating in a research note on Thursday. Morgan Stanley lifted their target price on shares of Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research note on Thursday. Finally, Scotiabank lifted their target price on shares of Sprinklr from $8.50 to $9.00 and gave the stock a "sector perform" rating in a research note on Thursday, March 13th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $10.25.

Insiders Place Their Bets

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the firm's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $9.28, for a total value of $241,771.84. Following the completion of the sale, the director now directly owns 968,306 shares in the company, valued at approximately $8,985,879.68. This trade represents a 2.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 60.53% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company's stock worth $2,177,000 after acquiring an additional 10,136 shares during the period. Caxton Associates LLP bought a new stake in shares of Sprinklr in the first quarter valued at approximately $287,000. Millennium Management LLC raised its position in shares of Sprinklr by 4.6% in the first quarter. Millennium Management LLC now owns 581,361 shares of the company's stock valued at $4,854,000 after purchasing an additional 25,609 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company's stock valued at $988,000 after purchasing an additional 2,478 shares during the period. 40.19% of the stock is currently 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.