Sprinklr (CXM) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprinklr in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CXM shares.
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12 Wall Street research analysts have issued twelve-month target prices for Sprinklr's stock. Their CXM share price forecasts range from $10.00 to $24.00. On average, they anticipate the company's stock price to reach $15.95 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
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Sprinklr's stock was trading at $8.17 on January 1st, 2023. Since then, CXM shares have increased by 73.6% and is now trading at $14.18.
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Sprinklr saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 3,730,000 shares, an increase of 6.3% from the August 15th total of 3,510,000 shares. Based on an average daily volume of 1,730,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 3.8% of the company's stock are short sold.
View Sprinklr's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
View our CXM earnings forecast.

Sprinklr, Inc. (NYSE:CXM) announced its quarterly earnings data on Monday, June, 5th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The company earned $173.36 million during the quarter, compared to analyst estimates of $169 million. Sprinklr had a net margin of 1.00% and a trailing twelve-month return on equity of 1.25%. The business's revenue was up 19.6% compared to the same quarter last year. During the same period last year, the company posted ($0.10) earnings per share.

ETFs with the largest weight of Sprinklr (NYSE:CXM) stock in their portfolio include Direxion Work From Home ETF (WFH), Strategas Macro Thematic Opportunities ETF (SAMT) and Franklin Exponential Data ETF (XDAT).Global X Social Media Index ETF (SOCL).

Sprinklr updated its FY24 earnings guidance on Wednesday, September, 6th. The company provided earnings per share (EPS) guidance of $0.30-$0.31 for the period, compared to the consensus EPS estimate of $0.22. The company issued revenue guidance of $719-$721 million, compared to the consensus revenue estimate of $714.24 million.

(CXM) raised $361 million in an IPO on Wednesday, June 23rd 2021. The company issued 19,000,000 shares at a price of $18.00-$20.00 per share. Morgan Stanley, J.P.Morgan, Citigroup, Barclays and Wells Fargo Securities served as the underwriters for the IPO and JMP Securities, KeyBanc Capital Markets, Oppenheimer & Co., Stifel, William Blair, Blaylock Van, LLC, C.L. King & Associates, Ramirez & Co. and Roberts & Ryan were co-managers.

Sprinklr trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXM."

Sprinklr's stock is owned by a variety of retail and institutional investors. Top institutional investors include Cadian Capital Management LP (3.65%), Sixth Street Partners Management Company L.P. (2.57%), BlackRock Inc. (2.37%), Praesidium Investment Management Company LLC (1.77%), Cat Rock Capital Management LP (1.38%) and Marshall Wace LLP (0.76%). Insiders that own company stock include Arun Pattabhiraman, Battery Partners Ix, Llc, Chelsea R Stoner, Corporate Investors Ix Lt H&F, Daniel P Haley, Diane Adams, Iconiq Strategic Partners Ii,, Jacob Scott, Luca Lazzaron, Manish Sarin, Neeraj Agrawal, Paul Ohls, Pavitar Singh, R David Tabors, Ragy Thomas and Wilson Grad Conn.
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Shares of CXM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CXM stock can currently be purchased for approximately $14.18.

Sprinklr (NYSE:CXM) has a market capitalization of $3.84 billion and generates $618.19 million in revenue each year. The company earns $-55,740,000.00 in net income (profit) each year or $0.03 on an earnings per share basis.

The company employs 3,511 workers across the globe.

The official website for the company is www.sprinklr.com. The company can be reached via phone at 917-933-7800 or via email at ir@sprinklr.com.