Sprinklr (CXM) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprinklr in the last year. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CXM shares.
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10 brokers have issued twelve-month price objectives for Sprinklr's stock. Their CXM share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $12.50 in the next twelve months. This suggests that the stock has a possible downside of 12.6%.
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Sprinklr's stock was trading at $8.17 at the beginning of 2023. Since then, CXM shares have increased by 75.0% and is now trading at $14.30.
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Sprinklr saw a decline in short interest in May. As of May 15th, there was short interest totaling 3,800,000 shares, a decline of 12.0% from the April 30th total of 4,320,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 4.6% of the shares of the stock are short sold.
View Sprinklr's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 14th 2023.
View our CXM earnings forecast.

Sprinklr, Inc. (NYSE:CXM) released its quarterly earnings data on Monday, June, 5th. The company reported $0.01 earnings per share for the quarter, meeting 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 negative net margin of 4.28% and a negative trailing twelve-month return on equity of 5.19%. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the prior year, the business earned ($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), iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), SPDR S&P Software & Services ETF (XSW), Franklin Exponential Data ETF (XDAT), Global X Social Media Index ETF (SOCL), iShares U.S. Tech Breakthrough Multisector ETF (TECB),

Sprinklr issued an update on its FY24 earnings guidance on Monday, June, 5th. The company provided earnings per share (EPS) guidance of $0.19-0.21 for the period, compared to the consensus earnings per share estimate of $0.14. The company issued revenue guidance of $711-715 million, compared to the consensus revenue estimate of $712.33 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 acted 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.59%), Modera Wealth Management LLC (0.49%), Geode Capital Management LLC (0.23%), Deutsche Bank AG (0.20%), HRT Financial LP (0.19%) and CWM LLC (0.18%). Insiders that own company stock include Arun Pattabhiraman, Battery Partners Ix, Llc, 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, Ragy Thomas and Wilson Grad Conn.
View institutional ownership trends.

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 $14.30.

Sprinklr (NYSE:CXM) has a market capitalization of $3.80 billion and generates $618.19 million in revenue each year. The company earns $-55,740,000.00 in net income (profit) each year or ($0.10) 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.