Sprinklr (NYSE:CXM) Receives “Buy” Rating from Rosenblatt Securities

Sprinklr (NYSE:CXM)‘s stock had its “buy” rating reiterated by stock analysts at Rosenblatt Securities in a research note issued on Thursday,Benzinga reports. They presently have a $12.00 price target on the stock. Rosenblatt Securities’ price objective would suggest a potential upside of 55.18% from the stock’s previous close.

Several other equities analysts also recently issued reports on CXM. Wall Street Zen cut Sprinklr from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Sprinklr in a research note on Wednesday, October 8th. Barclays lowered their target price on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Wednesday, September 3rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $8.00 target price on shares of Sprinklr in a report on Wednesday. Finally, Citigroup decreased their price target on shares of Sprinklr from $9.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, November 24th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprinklr has a consensus rating of “Hold” and an average price target of $9.91.

Sprinklr Trading Down 0.5%

Shares of NYSE CXM traded down $0.04 during midday trading on Thursday, reaching $7.73. The company had a trading volume of 1,701,848 shares, compared to its average volume of 1,908,896. Sprinklr has a 1 year low of $6.75 and a 1 year high of $9.69. The business’s 50-day simple moving average is $7.52 and its 200 day simple moving average is $8.11. The stock has a market cap of $1.89 billion, a P/E ratio of 17.17 and a beta of 0.78.

Sprinklr (NYSE:CXM) last released its earnings results on Wednesday, December 3rd. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.03. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.The firm had revenue of $219.07 million for the quarter, compared to the consensus estimate of $209.56 million. During the same period in the prior year, the firm earned $0.10 EPS. The firm’s revenue was up 9.2% on a year-over-year basis. Sprinklr has set its FY 2026 guidance at 0.430-0.440 EPS and its Q4 2026 guidance at 0.090-0.100 EPS. Analysts predict that Sprinklr will post 0.1 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Rory P. Read sold 258,214 shares of the stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $7.48, for a total transaction of $1,931,440.72. Following the transaction, the chief executive officer owned 1,879,286 shares of the company’s stock, valued at approximately $14,057,059.28. This represents a 12.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Neeraj Agrawal sold 150,000 shares of Sprinklr 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. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 732,709 shares of company stock valued at $5,557,979. Insiders own 60.53% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new stake in Sprinklr in the third quarter valued at $93,000. Danske Bank A S acquired a new position in shares of Sprinklr during the 3rd quarter worth about $579,000. Hancock Whitney Corp purchased a new position in shares of Sprinklr in the 3rd quarter valued at about $138,000. Voleon Capital Management LP acquired a new stake in shares of Sprinklr during the 3rd quarter worth about $1,105,000. Finally, Voloridge Investment Management LLC raised its position in shares of Sprinklr by 12.9% during the 3rd quarter. Voloridge Investment Management LLC now owns 1,240,319 shares of the company’s stock worth $9,575,000 after acquiring an additional 141,402 shares in the last quarter. Hedge funds and other institutional investors 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.