DA Davidson Issues Optimistic Estimate for Sprinklr Earnings

Sprinklr, Inc. (NYSE:CXM) – DA Davidson boosted their FY2026 earnings estimates for shares of Sprinklr in a research note issued to investors on Thursday, June 5th. DA Davidson analyst C. Wright now forecasts that the company will post earnings of $0.15 per share for the year, up from their prior forecast of $0.14. DA Davidson currently has a “Neutral” rating and a $9.00 target price on the stock. The consensus estimate for Sprinklr’s current full-year earnings is $0.10 per share.

A number of other analysts also recently weighed in on the stock. Wells Fargo & Company boosted their target price on shares of Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday. Rosenblatt Securities restated a “buy” rating and issued a $12.00 target price on shares of Sprinklr in a report on Thursday. Scotiabank boosted their target price on shares of Sprinklr from $8.50 to $9.00 and gave the stock a “sector perform” rating in a report on Thursday, March 13th. Morgan Stanley upped their price target on shares of Sprinklr from $8.00 to $10.00 and gave the company an “equal weight” rating in a report on Thursday. Finally, Cantor Fitzgerald began coverage on shares of Sprinklr in a report on Tuesday, June 3rd. They set a “neutral” rating and a $8.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, Sprinklr has an average rating of “Hold” and a consensus price target of $10.25.

Sprinklr Stock Down 1.1%

Sprinklr stock opened at $8.75 on Monday. The company’s 50-day moving average price is $7.87 and its 200-day moving average price is $8.44. Sprinklr has a twelve month low of $6.75 and a twelve month high of $10.27. The company has a market cap of $2.24 billion, a PE ratio of 54.69, a price-to-earnings-growth ratio of 2.31 and a beta of 0.81.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, June 4th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.02. Sprinklr had a net margin of 5.59% and a return on equity of 7.84%. The firm had revenue of $205.50 million for the quarter, compared to the consensus estimate of $201.83 million. During the same period in the previous year, the firm posted $0.09 EPS. The business’s quarterly revenue was up 4.9% on a year-over-year basis.

Institutional Investors Weigh In On Sprinklr

Several large investors have recently added to or reduced their stakes in CXM. Barclays PLC boosted its position in Sprinklr by 283.7% in the 3rd quarter. Barclays PLC now owns 242,990 shares of the company’s stock valued at $1,878,000 after buying an additional 179,661 shares during the period. SG Americas Securities LLC purchased a new stake in Sprinklr in the 4th quarter valued at about $89,000. Bank of New York Mellon Corp boosted its position in Sprinklr by 0.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,494,287 shares of the company’s stock valued at $12,627,000 after buying an additional 11,513 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Sprinklr by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,055,292 shares of the company’s stock valued at $8,917,000 after buying an additional 18,021 shares during the period. Finally, Victory Capital Management Inc. boosted its position in Sprinklr by 41.5% in the 4th quarter. Victory Capital Management Inc. now owns 87,070 shares of the company’s stock valued at $736,000 after buying an additional 25,552 shares during the period. 40.19% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Sprinklr

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of the business’s stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $9.28, for a total value of $241,771.84. Following the completion of the sale, the director now directly owns 968,306 shares of the company’s stock, valued at $8,985,879.68. The trade was a 2.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 60.53% of the stock is currently owned by insiders.

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.