Brokerages Set Sprinklr, Inc. (NYSE:CXM) Target Price at $10.00

by · The Cerbat Gem

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) have been assigned an average rating of “Hold” from the thirteen ratings firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $10.00.

Several equities analysts have commented on CXM shares. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a report on Tuesday, September 30th. Citigroup decreased their price target on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, September 9th. Barclays decreased their price target on shares of Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, September 3rd. Wall Street Zen raised shares of Sprinklr from a “buy” rating to a “strong-buy” rating in a report on Sunday. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sprinklr in a report on Wednesday, October 8th.

View Our Latest Research Report on CXM

Insider Activity at Sprinklr

In related news, CFO Manish Sarin sold 37,008 shares of Sprinklr stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $286,812.00. Following the sale, the chief financial officer directly owned 695,413 shares of the company’s stock, valued at approximately $5,389,450.75. The trade was a 5.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Amitabh Misra sold 9,244 shares of Sprinklr stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total transaction of $71,641.00. Following the sale, the chief technology officer directly owned 593,726 shares in the company, valued at $4,601,376.50. This trade represents a 1.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 473,130 shares of company stock worth $3,616,042 in the last ninety days. Insiders own 60.53% of the company’s stock.

Institutional Investors Weigh In On Sprinklr

Hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its position in Sprinklr by 209.5% during the 1st quarter. GAMMA Investing LLC now owns 3,677 shares of the company’s stock worth $31,000 after buying an additional 2,489 shares during the period. Lavaca Capital LLC boosted its position in Sprinklr by 541.2% during the 2nd quarter. Lavaca Capital LLC now owns 4,200 shares of the company’s stock worth $36,000 after buying an additional 3,545 shares during the period. PNC Financial Services Group Inc. boosted its position in Sprinklr by 69.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,524 shares of the company’s stock worth $54,000 after buying an additional 2,668 shares during the period. Quarry LP boosted its position in Sprinklr by 5,071.8% during the 1st quarter. Quarry LP now owns 7,706 shares of the company’s stock worth $64,000 after buying an additional 7,557 shares during the period. Finally, Lazard Asset Management LLC boosted its position in Sprinklr by 2,480.2% during the 2nd quarter. Lazard Asset Management LLC now owns 8,463 shares of the company’s stock worth $71,000 after buying an additional 8,135 shares during the period. 40.19% of the stock is currently owned by institutional investors and hedge funds.

Sprinklr Stock Down 2.2%

CXM stock opened at $7.59 on Thursday. Sprinklr has a 12 month low of $6.75 and a 12 month high of $9.69. The firm has a market cap of $1.85 billion, a P/E ratio of 16.86 and a beta of 0.78. The company’s 50-day moving average price is $7.90 and its two-hundred day moving average price is $8.17.

Sprinklr (NYSE:CXMGet Free Report) last released its earnings results on Wednesday, September 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. Sprinklr had a net margin of 14.64% and a return on equity of 8.59%. The firm had revenue of $212.04 million for the quarter, compared to analyst estimates of $205.39 million. During the same period last year, the firm earned $0.07 EPS. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. Equities analysts predict that Sprinklr will post 0.1 EPS for the current year.

About Sprinklr

(Get Free Report)

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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