Sprinklr, Inc. (NYSE:CXM) Given Average Rating of “Hold” by Brokerages

Shares of Sprinklr, Inc. (NYSE:CXM) have received a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $7.7857.

A number of brokerages recently commented on CXM. DA Davidson lowered their target price on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Citigroup cut their price target on Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Weiss Ratings downgraded Sprinklr from a “sell (d+)” rating to a “sell (d)” rating in a report on Friday, July 10th. Finally, Rosenblatt Securities lowered their price objective on Sprinklr from $12.00 to $8.50 and set a “buy” rating for the company in a research report on Thursday, June 4th.

Sprinklr Stock Up 2.0%

Shares of Sprinklr stock opened at $6.43 on Friday. Sprinklr has a 52-week low of $4.72 and a 52-week high of $9.38. The company has a 50 day moving average of $5.46 and a 200 day moving average of $5.69. The company has a market capitalization of $1.51 billion, a P/E ratio of 53.62 and a beta of 0.60.

Sprinklr (NYSE:CXM) last posted its quarterly earnings results on Wednesday, June 3rd. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Sprinklr had a net margin of 3.29% and a return on equity of 8.13%. The company had revenue of $219.48 million during the quarter, compared to analysts’ expectations of $215.89 million. During the same quarter in the previous year, the business posted $0.12 EPS. The firm’s revenue was up 6.8% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.480-0.490 EPS and its Q2 2027 guidance at 0.100-0.100 EPS. As a group, research analysts anticipate that Sprinklr will post 0.23 earnings per share for the current fiscal year.

Insider Activity

In other Sprinklr news, insider Joy Corso sold 33,635 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $5.30, for a total transaction of $178,265.50. Following the sale, the insider owned 1,175,616 shares of the company’s stock, valued at approximately $6,230,764.80. This trade represents a 2.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Amitabh Misra sold 29,180 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $5.30, for a total transaction of $154,654.00. Following the sale, the chief technology officer owned 854,779 shares of the company’s stock, valued at $4,530,328.70. This represents a 3.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 324,295 shares of company stock valued at $1,711,168 over the last 90 days. Insiders own 25.18% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd grew its holdings in shares of Sprinklr by 148.9% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 3,243 shares of the company’s stock worth $25,000 after purchasing an additional 1,940 shares during the last quarter. Cresset Asset Management LLC boosted its position in shares of Sprinklr by 7.6% in the 3rd quarter. Cresset Asset Management LLC now owns 30,736 shares of the company’s stock valued at $237,000 after purchasing an additional 2,169 shares during the period. Parallel Advisors LLC boosted its position in shares of Sprinklr by 42.6% in the 1st quarter. Parallel Advisors LLC now owns 7,265 shares of the company’s stock valued at $44,000 after purchasing an additional 2,171 shares during the period. Franklin Resources Inc. grew its stake in Sprinklr by 2.5% during the 4th quarter. Franklin Resources Inc. now owns 91,012 shares of the company’s stock worth $708,000 after buying an additional 2,232 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in Sprinklr by 2.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock worth $714,000 after buying an additional 2,274 shares during the last quarter. 40.19% of the stock is owned by hedge funds and other institutional investors.

Sprinklr Company Profile

Sprinklr, Inc (NYSE: CXM) is a leading enterprise software firm specializing in customer experience management. The company offers a unified, AI-driven platform designed to help organizations engage customers across multiple digital and social channels. By consolidating marketing, advertising, research, care and engagement functions into a single SaaS solution, Sprinklr enables brands to deliver consistent and personalized experiences at scale.

Sprinklr’s platform includes modules for social media management, customer service automation, social advertising and market research, supplemented by AI and machine learning capabilities.