Sprinklr (CXM) Stock Forecast, Price & News

12 Wall Street research 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 research analysts is that investors should "moderate buy" CXM shares.
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12 equities research analysts have issued 12-month price objectives for Sprinklr's shares. Their CXM share price forecasts range from $10.00 to $24.00. On average, they predict the company's stock price to reach $15.95 in the next twelve months. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for CXM or view top-rated stocks among Wall Street analysts.

Sprinklr's stock was trading at $8.17 on January 1st, 2023. Since then, CXM shares have increased by 75.4% and is now trading at $14.33.
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Sprinklr saw a increase in short interest in 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 short-interest ratio is currently 2.2 days. Approximately 3.8% of the company's shares are sold short.
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) issued 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 business earned $173.36 million during the quarter, compared to analysts' expectations of $169 million. Sprinklr had a trailing twelve-month return on equity of 1.25% and a net margin of 1.00%. The company's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the business 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 issued an update on its FY24 earnings guidance on Wednesday, September, 6th. The company provided 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 $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 a variety of institutional and retail 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 $14.33.

Sprinklr (NYSE:CXM) has a market capitalization of $3.88 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.