Sprinklr (CXM) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprinklr in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CXM shares.
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10 equities research analysts have issued twelve-month target prices for Sprinklr's shares. Their CXM share price forecasts range from $10.00 to $20.00. On average, they predict the company's share price to reach $12.50 in the next year. This suggests that the stock has a possible downside of 5.2%.
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Sprinklr's stock was trading at $8.17 at the beginning of the year. Since then, CXM shares have increased by 61.4% and is now trading at $13.19.
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Sprinklr saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 3,800,000 shares, a drop of 12.0% from the April 30th total of 4,320,000 shares. Based on an average daily volume of 1,160,000 shares, the days-to-cover ratio is presently 3.3 days. Currently, 4.6% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Monday, June 5th 2023.
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Sprinklr will be holding an earnings conference call on Monday, June 5th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Sprinklr, Inc. (NYSE:CXM) released its quarterly earnings results on Wednesday, March, 29th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The business earned $165.33 million during the quarter, compared to analysts' expectations of $162.78 million. Sprinklr had a negative net margin of 9.02% and a negative trailing twelve-month return on equity of 10.62%. The business's revenue was up 21.9% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.10) EPS.

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 updated its first quarter 2024 earnings guidance on Wednesday, March, 29th. The company provided earnings per share guidance of 0-$0.01 for the period, compared to the consensus EPS estimate of $0.02. The company issued revenue guidance of $168.00 million-$170.00 million, compared to the consensus revenue estimate of $168.87 million.

(CXM) raised $361 million in an initial public offering 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 institutional and retail investors. Top institutional investors 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.
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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 $13.19.

Sprinklr (NYSE:CXM) has a market capitalization of $3.51 billion and generates $618.19 million in revenue each year. The company earns $-55,740,000.00 in net income (profit) each year or ($0.21) 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.