DA Davidson Brokers Increase Earnings Estimates for Sprinklr

Sprinklr, Inc. (NYSE:CXM) – Investment analysts at DA Davidson raised their FY2027 EPS estimates for shares of Sprinklr in a research report issued to clients and investors on Thursday, October 23rd. DA Davidson analyst C. Wright now forecasts that the company will earn $0.21 per share for the year, up from their prior forecast of $0.19. The consensus estimate for Sprinklr’s current full-year earnings is $0.10 per share.

A number of other equities research analysts also recently issued reports on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sprinklr in a research report on Wednesday, October 8th. Barclays dropped their price objective on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, September 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $12.00 target price on shares of Sprinklr in a research report on Tuesday, September 30th. Citigroup lowered their target price on Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, September 9th. Finally, Wall Street Zen raised Sprinklr from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $10.00.

Sprinklr Trading Up 0.6%

Shares of CXM opened at $7.84 on Monday. Sprinklr has a twelve month low of $6.75 and a twelve month high of $9.69. The firm has a market capitalization of $1.91 billion, a P/E ratio of 17.41 and a beta of 0.78. The firm’s 50-day moving average is $7.93 and its two-hundred day moving average is $8.17.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, September 3rd. The company reported $0.13 EPS 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 analysts’ expectations of $205.39 million. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the business 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.

Insider Buying and Selling

In related news, Director Neeraj Agrawal sold 150,000 shares of the business’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $7.61, for a total value of $1,141,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Arun Pattabhiraman sold 16,795 shares of the company’s stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $130,161.25. Following the completion of the transaction, the chief marketing officer owned 534,411 shares in the company, valued at approximately $4,141,685.25. This trade represents a 3.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 473,130 shares of company stock valued at $3,616,042. Company insiders own 60.53% of the company’s stock.

Hedge Funds Weigh In On Sprinklr

A number of institutional investors have recently modified their holdings of CXM. GAMMA Investing LLC boosted its position in Sprinklr by 209.5% during the first quarter. GAMMA Investing LLC now owns 3,677 shares of the company’s stock worth $31,000 after acquiring an additional 2,489 shares during the last quarter. Diversified Trust Co purchased a new position in shares of Sprinklr during the 1st quarter worth $167,000. Teacher Retirement System of Texas boosted its holdings in shares of Sprinklr by 48.4% during the first quarter. Teacher Retirement System of Texas now owns 140,117 shares of the company’s stock worth $1,170,000 after purchasing an additional 45,717 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Sprinklr by 4.2% during the first quarter. Principal Financial Group Inc. now owns 672,116 shares of the company’s stock worth $5,612,000 after purchasing an additional 27,171 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Sprinklr by 4.4% in the first quarter. Bank of New York Mellon Corp now owns 1,560,184 shares of the company’s stock valued at $13,028,000 after purchasing an additional 65,897 shares during the period. Institutional investors and hedge funds own 40.19% of the company’s stock.

About Sprinklr

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.