DA Davidson Cuts Sprinklr (NYSE:CXM) Price Target to $6.50

Sprinklr (NYSE:CXMFree Report) had its price target reduced by DA Davidson from $9.00 to $6.50 in a research report released on Thursday morning,Benzinga reports. DA Davidson currently has a neutral rating on the stock.

Several other analysts also recently weighed in on CXM. Rosenblatt Securities restated a “buy” rating and set a $12.00 target price on shares of Sprinklr in a research note on Thursday, December 4th. Citigroup cut their price target on Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday. Citizens Jmp lowered their price objective on Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a research note on Thursday. Weiss Ratings downgraded Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 26th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $8.00 target price on shares of Sprinklr in a research report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $8.69.

View Our Latest Research Report on CXM

Sprinklr Trading Down 1.1%

NYSE CXM opened at $5.82 on Thursday. The stock has a market cap of $1.43 billion, a P/E ratio of 64.62 and a beta of 0.78. The company’s fifty day simple moving average is $6.24 and its 200-day simple moving average is $7.19. Sprinklr has a 52 week low of $5.12 and a 52 week high of $9.43.

Sprinklr (NYSE:CXMGet Free Report) last released its quarterly earnings results on Wednesday, March 11th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. Sprinklr had a net margin of 2.67% and a return on equity of 7.86%. The business had revenue of $220.59 million during the quarter, compared to analyst estimates of $216.93 million. During the same period last year, the business earned $0.10 EPS. The business’s revenue was up 8.9% on a year-over-year basis. Sprinklr has set its FY 2027 guidance at 0.470-0.480 EPS and its Q1 2027 guidance at 0.090-0.090 EPS. On average, research analysts expect that Sprinklr will post 0.1 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Ragy Thomas sold 24,952 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $7.78, for a total transaction of $194,126.56. Following the transaction, the director owned 712,349 shares of the company’s stock, valued at approximately $5,542,075.22. This trade represents a 3.38% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Amitabh Misra sold 9,099 shares of Sprinklr stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $7.78, for a total value of $70,790.22. Following the completion of the transaction, the chief technology officer owned 584,627 shares of the company’s stock, valued at $4,548,398.06. This trade represents a 1.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 456,261 shares of company stock worth $3,150,245. Company insiders own 60.53% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CXM. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Sprinklr by 2.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 118,364 shares of the company’s stock worth $988,000 after purchasing an additional 2,478 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Sprinklr by 4.6% during the first quarter. Millennium Management LLC now owns 581,361 shares of the company’s stock worth $4,854,000 after purchasing an additional 25,609 shares during the period. Caxton Associates LLP acquired a new stake in shares of Sprinklr during the first quarter worth $287,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Sprinklr by 4.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 260,769 shares of the company’s stock worth $2,177,000 after buying an additional 10,136 shares during the last quarter. Finally, Aviva PLC lifted its position in shares of Sprinklr by 148.4% in the 2nd quarter. Aviva PLC now owns 56,715 shares of the company’s stock worth $480,000 after buying an additional 33,883 shares during the last quarter. Institutional investors and hedge funds own 40.19% of the company’s stock.

Sprinklr News Summary

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Sprinklr Company Profile

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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.

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