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

Rosenblatt Securities reiterated their buy rating on shares of Sprinklr (NYSE:CXM) in a research note published on Thursday morning,Benzinga reports. Rosenblatt Securities currently has a $12.00 target price on the stock.

Several other equities analysts have also weighed in on the company. Barclays cut their target price on Sprinklr from $9.00 to $8.00 and set an “underweight” rating on the stock in a research note on Wednesday, September 3rd. Wall Street Zen lowered shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Citigroup cut their target price on shares of Sprinklr from $9.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday, November 24th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $8.00 price objective on shares of Sprinklr in a research note on Wednesday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Sprinklr in a research report on Wednesday, October 8th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $9.90.

Sprinklr Stock Up 1.5%

Shares of CXM opened at $7.89 on Thursday. Sprinklr has a 12-month low of $6.75 and a 12-month high of $9.69. The firm has a market capitalization of $1.92 billion, a PE ratio of 18.77 and a beta of 0.78. The stock’s fifty day simple moving average is $7.53 and its 200-day simple moving average is $8.11.

Sprinklr (NYSE:CXM) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.03. Sprinklr had a return on equity of 8.03% and a net margin of 13.42%.The firm had revenue of $219.07 million during the quarter, compared to analyst estimates of $209.56 million. During the same period last year, the company earned $0.10 earnings per share. The company’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 anticipate that Sprinklr will post 0.1 EPS for the current year.

Insider Activity

In other Sprinklr news, CTO Amitabh Misra sold 9,244 shares of Sprinklr stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $7.75, for a total value of $71,641.00. Following the completion of the transaction, the chief technology officer directly owned 593,726 shares of the company’s stock, valued at $4,601,376.50. The trade was a 1.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Manish Sarin sold 37,008 shares of the company’s stock in a transaction dated Tuesday, September 16th. The stock was 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 $5,389,450.75. This represents a 5.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 732,709 shares of company stock valued at $5,557,979. Company insiders own 60.53% of the company’s stock.

Institutional Trading of Sprinklr

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Sprinklr by 20.3% in the third quarter. Vanguard Group Inc. now owns 17,571,641 shares of the company’s stock valued at $135,653,000 after buying an additional 2,966,556 shares in the last quarter. Jefferies Financial Group Inc. lifted its stake in shares of Sprinklr by 31.6% in the 2nd quarter. Jefferies Financial Group Inc. now owns 4,682,000 shares of the company’s stock valued at $39,610,000 after acquiring an additional 1,125,000 shares during the last quarter. Sea Cliff Partners Management LP lifted its stake in shares of Sprinklr by 1,174.6% in the 2nd quarter. Sea Cliff Partners Management LP now owns 2,166,792 shares of the company’s stock valued at $18,331,000 after acquiring an additional 1,996,792 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Sprinklr by 15.7% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,155,110 shares of the company’s stock valued at $16,639,000 after acquiring an additional 291,635 shares in the last quarter. Finally, Letko Brosseau & Associates Inc. grew its position in Sprinklr by 0.7% during the 2nd quarter. Letko Brosseau & Associates Inc. now owns 1,760,500 shares of the company’s stock worth $14,894,000 after acquiring an additional 11,625 shares during the last quarter. 40.19% of the stock is currently owned by institutional investors.

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.