Free Trial

Sprinklr (CXM) Stock Forecast & Price Target

$9.55
+0.17 (+1.81%)
(As of 07/22/2024 ET)

Sprinklr - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 13 Wall Street analysts who have issued ratings for Sprinklr in the last 12 months, the stock has a consensus rating of "Hold." Out of the 13 analysts, 8 have given a hold rating, and 5 have given a buy rating for CXM.

Consensus Price Target

$12.80
34.03% Upside
High Forecast$19.00
Average Forecast$12.80
Low Forecast$9.00

According to the 13 analysts' twelve-month price targets for Sprinklr, the average price target is $12.80. The highest price target for CXM is $19.00, while the lowest price target for CXM is $9.00. The average price target represents a forecasted upside of 34.03% from the current price of $9.55.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Hold
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
7 Buy rating(s)
5 Buy rating(s)
Hold
8 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$12.80$12.80$16.90$12.50
Forecasted Upside34.03% Upside18.10% Upside29.56% Upside16.66% Upside
Get Sprinklr Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for CXM and its competitors with MarketBeat's FREE daily newsletter.

CXM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

CXM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Sprinklr Stock vs. The Competition

TypeSprinklrBusiness Services CompaniesS&P 500
Consensus Rating Score
2.38
2.64
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside34.03% Upside150.61% Upside9.23% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024JMP Securities
2 of 5 stars
 Reiterated RatingMarket Outperform ➝ Market Outperform$17.00 ➝ $17.00+73.82%
6/21/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$10.00 ➝ $9.00+5.51%
6/6/2024Stifel Nicolaus
4 of 5 stars
 Lower TargetHold ➝ Hold$15.00 ➝ $9.00-0.22%
6/6/2024Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOverweight ➝ Overweight$17.00 ➝ $11.00+21.28%
6/6/2024Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetEqual Weight ➝ Equal Weight$16.00 ➝ $12.00+29.73%
6/6/2024Rosenblatt Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetBuy ➝ Buy$18.00 ➝ $14.00+29.15%
6/6/2024Cantor Fitzgerald
Subscribe to MarketBeat All Access for the recommendation accuracy rating
B. Knoblauch
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeOverweight ➝ Neutral$16.00 ➝ $10.00-7.75%
6/6/2024DA Davidson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
G. Luria
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeBuy ➝ Neutral$16.00 ➝ $9.00-16.97%
4/22/2024William Blair
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingOutperform
3/28/2024Oppenheimer
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingMarket Perform ➝ Market Perform
3/21/2024KeyCorp
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOverweight$19.00+44.82%
12/7/2023BTIG Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeBuy ➝ Neutral
9/7/2023Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$15.00 ➝ $18.00+12.29%
3/30/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight$12.00 ➝ $14.00+9.46%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:37 AM ET.

CXM Forecast - Frequently Asked Questions

What is Sprinklr's forecast for 2024?

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Sprinklr is $12.80, with a high forecast of $19.00 and a low forecast of $9.00.

Should I buy or sell Sprinklr stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprinklr in the last twelve months. There are currently 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CXM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CXM, but not buy additional shares or sell existing shares.

Does Sprinklr's stock price have much upside?

According to analysts, Sprinklr's stock has a predicted upside of 19.27% based on their 12-month stock forecasts.

Has Sprinklr been downgraded by Wall Street analysts recently?

Over the previous 90 days, Sprinklr's stock had 2 downgrades by analysts.

What analysts cover Sprinklr?

Sprinklr has been rated by research analysts at Barclays, Cantor Fitzgerald, DA Davidson, JMP Securities, Morgan Stanley, Rosenblatt Securities, Stifel Nicolaus, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Sprinklr more than its competitors?

Analysts like Sprinklr less than other "business services" companies. The consensus rating for Sprinklr is Hold while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how CXM compares to other companies.


This page (NYSE:CXM) was last updated on 7/23/2024 by MarketBeat.com Staff

From Our Partners