Sprinklr (CXM) Stock Forecast, Price & News

11 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 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CXM shares.
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11 analysts have issued 12 month price targets for Sprinklr's shares. Their CXM share price forecasts range from $10.00 to $24.00. On average, they anticipate the company's stock price to reach $16.35 in the next twelve months. This suggests a possible upside of 18.1% 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 stock has increased by 69.4% and is now trading at $13.84.
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Sprinklr saw a decrease in short interest in September. As of September 15th, there was short interest totaling 2,760,000 shares, a decrease of 26.0% from the August 31st total of 3,730,000 shares. Based on an average daily volume of 1,400,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 2.7% of the company's shares are sold short.
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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 Wednesday, September, 6th. The company reported $0.04 earnings per share (EPS) for the quarter. The company earned $178.47 million during the quarter, compared to analyst estimates of $173.20 million. Sprinklr had a net margin of 1.00% and a trailing twelve-month return on equity of 1.25%.

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 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."

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 $13.84.

Sprinklr (NYSE:CXM) has a market capitalization of $3.74 billion and generates $674.41 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.