Sprinklr's (CXM) "Buy" Rating Reaffirmed at Rosenblatt Securities

Key Points

• Rosenblatt Securities reaffirmed a “Buy” rating for Sprinklr (CXM) with a price target of $12.00, indicating a potential upside of 52.57% from its previous close.
• Multiple analysts have varying views on Sprinklr, with a consensus rating of and an average price target of $10.00, while two analysts rated it as a Buy and two as Sell.
• Sprinklr recently reported earnings of $0.13 EPS, exceeding estimates, with revenue of $212.04 million, marking a 7.5% year-over-year increase.

Sprinklr (NYSE:CXM - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Rosenblatt Securities in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $12.00 price objective on the stock. Rosenblatt Securities' price objective suggests a potential upside of 52.57% from the company's previous close.

CXM has been the topic of several other research reports. Cantor Fitzgerald began coverage on shares of Sprinklr in a research report on Tuesday, June 3rd. They set a "neutral" rating and a $8.00 price target on the stock. Morgan Stanley increased their price target on shares of Sprinklr from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 5th. Barclays reduced their price target on shares of Sprinklr from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Wednesday, September 3rd. DA Davidson increased their price target on shares of Sprinklr from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, June 5th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $17.00 price target on shares of Sprinklr in a research report on Friday, June 27th. Two research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $10.00.

Sprinklr Trading Up 0.1%

Shares of Sprinklr stock opened at $7.87 on Tuesday. The company has a fifty day moving average price of $8.33 and a 200 day moving average price of $8.25. Sprinklr has a twelve month low of $6.75 and a twelve month high of $9.69. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 17.48 and a beta of 0.81.

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

Insider Buying and Selling

In other Sprinklr news, CFO Manish Sarin sold 37,008 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $286,812.00. Following the sale, the chief financial officer owned 695,413 shares in the company, valued at approximately $5,389,450.75. This trade represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ragy Thomas sold 28,916 shares of the firm's stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $224,099.00. Following the completion of the sale, the director owned 737,301 shares in the company, valued at $5,714,082.75. The trade was a 3.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,321,325 shares of company stock valued at $27,891,360 in the last ninety days. Insiders own 60.53% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Maryland State Retirement & Pension System lifted its stake in shares of Sprinklr by 3.8% in the 2nd quarter. Maryland State Retirement & Pension System now owns 33,735 shares of the company's stock valued at $285,000 after purchasing an additional 1,235 shares during the last quarter. Amalgamated Bank lifted its position in Sprinklr by 4.1% during the 2nd quarter. Amalgamated Bank now owns 32,769 shares of the company's stock worth $277,000 after acquiring an additional 1,292 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Sprinklr by 20.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 7,871 shares of the company's stock worth $67,000 after purchasing an additional 1,347 shares during the period. Panagora Asset Management Inc. increased its holdings in shares of Sprinklr by 0.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 396,513 shares of the company's stock worth $3,354,000 after purchasing an additional 2,205 shares during the period. Finally, Thrivent Financial for Lutherans increased its holdings in shares of Sprinklr by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company's stock worth $714,000 after purchasing an additional 2,274 shares during the period. Institutional investors and hedge funds own 40.19% 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.

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