Sprinklr (NYSE:CXM – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.420-0.430 for the period, compared to the consensus estimate of 0.300. The company issued revenue guidance of $837.0 million-$839.0 million, compared to the consensus revenue estimate of $826.0 million. Sprinklr also updated its Q3 2026 guidance to 0.090-0.090 EPS.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on CXM. Morgan Stanley raised their price objective on shares of Sprinklr from $8.00 to $10.00 and gave the company an “equal weight” rating in a research note on Thursday, June 5th. Rosenblatt Securities restated a “buy” rating and set a $12.00 target price on shares of Sprinklr in a report on Thursday, June 5th. JMP Securities restated a “market outperform” rating and set a $17.00 target price on shares of Sprinklr in a report on Friday, June 27th. Wall Street Zen downgraded shares of Sprinklr from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Finally, Cantor Fitzgerald initiated coverage on shares of Sprinklr in a report on Tuesday, June 3rd. They set a “neutral” rating and a $8.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Sprinklr currently has a consensus rating of “Hold” and a consensus target price of $10.25.
Get Our Latest Stock Report on CXM
Sprinklr Trading Down 5.6%
Sprinklr (NYSE:CXM – Get Free Report) last released its earnings results on Wednesday, September 3rd. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.03. The firm had revenue of $212.04 million during the quarter, compared to analyst estimates of $205.39 million. Sprinklr had a net margin of 13.57% and a return on equity of 6.86%. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. On average, research analysts expect that Sprinklr will post 0.1 EPS for the current fiscal year.
Insiders Place Their Bets
In other news, insider Scott Michael Harvey sold 21,422 shares of the firm’s stock in a transaction on Monday, July 7th. The shares were sold at an average price of $9.00, for a total value of $192,798.00. Following the sale, the insider owned 681,910 shares in the company, valued at approximately $6,137,190. This trade represents a 3.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ragy Thomas sold 3,000,000 shares of the firm’s stock in a transaction on Wednesday, July 2nd. The stock was sold at an average price of $8.37, for a total transaction of $25,110,000.00. Following the completion of the sale, the director owned 766,217 shares in the company, valued at approximately $6,413,236.29. The trade was a 79.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,512,691 shares of company stock valued at $85,942,764 over the last ninety days. Insiders own 60.53% of the company’s stock.
Institutional Investors Weigh In On Sprinklr
Several institutional investors and hedge funds have recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its stake in shares of Sprinklr by 2.8% in the 2nd quarter. Thrivent Financial for Lutherans now owns 84,407 shares of the company’s stock valued at $714,000 after purchasing an additional 2,274 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Sprinklr by 2.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock valued at $988,000 after buying an additional 2,478 shares during the last quarter. Lazard Asset Management LLC raised its holdings in shares of Sprinklr by 2,480.2% in the second quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock valued at $71,000 after buying an additional 8,135 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of Sprinklr by 52.1% in the second quarter. Canada Pension Plan Investment Board now owns 25,400 shares of the company’s stock valued at $215,000 after buying an additional 8,700 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Sprinklr by 4.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock valued at $2,177,000 after buying an additional 10,136 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.
Sprinklr Company Profile
Sprinklr, Inc provides enterprise cloud software products worldwide. The company operates Unified Customer Experience Management platform, a software that enables customer-facing teams to collaborate across internal silos, communicate across digital channels, and leverage a complete suite of capabilities to deliver customer experiences.
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