Sprinklr (CXM) Stock Forecast, Price & News

11 Wall Street equities 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 equities research analysts is that investors should "moderate buy" CXM shares.
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11 equities research analysts have issued 1-year 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 share price to reach $16.35 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
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Sprinklr's stock was trading at $8.17 at the beginning of 2023. Since then, CXM stock has increased by 67.9% and is now trading at $13.7150.
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Sprinklr saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 2,760,000 shares, a decline of 26.0% from the August 31st total of 3,730,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the days-to-cover ratio is currently 2.0 days. Approximately 2.7% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
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Sprinklr, Inc. (NYSE:CXM) released its quarterly earnings data on Wednesday, September, 6th. The company reported $0.04 EPS for the quarter. The firm had revenue of $178.47 million for the quarter, compared to the consensus estimate of $173.20 million. Sprinklr had a trailing twelve-month return on equity of 1.25% and a net margin of 1.00%.

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 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."

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 $13.72.

Sprinklr (NYSE:CXM) has a market capitalization of $3.71 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.