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

Shares of Sprinklr, Inc. (NYSE:CXM) have received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $7.7857.

A number of equities analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Sprinklr from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, August 5th. Citigroup lowered their target price on shares of Sprinklr from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Rosenblatt Securities dropped their price target on shares of Sprinklr from $12.00 to $8.50 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Finally, DA Davidson cut their price target on shares of Sprinklr from $6.25 to $6.00 and set a “neutral” rating for the company in a report on Thursday, June 4th.

Sprinklr Stock Up 0.3%

Shares of CXM stock opened at $7.46 on Wednesday. The stock’s 50-day moving average price is $6.02 and its 200 day moving average price is $5.71. The stock has a market capitalization of $1.75 billion, a PE ratio of 62.12 and a beta of 0.58. Sprinklr has a 52-week low of $4.72 and a 52-week high of $8.85.

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

Insider Activity at Sprinklr

In other news, General Counsel Jacob Scott sold 71,585 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $6.97, for a total transaction of $498,947.45. Following the completion of the transaction, the general counsel directly owned 576,827 shares of the company’s stock, valued at approximately $4,020,484.19. This represents a 11.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Karthik Suri sold 41,852 shares of Sprinklr stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $5.14, for a total value of $215,119.28. Following the completion of the sale, the insider owned 1,111,472 shares in the company, valued at approximately $5,712,966.08. This trade represents a 3.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 395,880 shares of company stock worth $2,210,116 in the last three months. 25.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sprinklr

A number of institutional investors and hedge funds have recently made changes to their positions in CXM. SG Americas Securities LLC lifted its stake in shares of Sprinklr by 84.9% in the first quarter. SG Americas Securities LLC now owns 8,377,479 shares of the company’s stock valued at $50,265,000 after purchasing an additional 3,846,652 shares during the period. Morgan Stanley grew its position in Sprinklr by 3.5% during the fourth quarter. Morgan Stanley now owns 7,568,609 shares of the company’s stock worth $58,884,000 after buying an additional 252,552 shares during the period. Jefferies Financial Group Inc. increased its holdings in Sprinklr by 19.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 5,590,002 shares of the company’s stock valued at $43,490,000 after buying an additional 908,002 shares in the last quarter. Geode Capital Management LLC increased its holdings in Sprinklr by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 2,722,671 shares of the company’s stock valued at $21,187,000 after buying an additional 21,321 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Sprinklr by 19.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,648,640 shares of the company’s stock valued at $15,891,000 after acquiring an additional 438,083 shares during the period. 40.19% of the stock is owned by institutional investors and hedge funds.

About Sprinklr

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.