Sprinklr (NYSE:CXM) Price Target Cut to $7.00 by Analysts at Morgan Stanley

Sprinklr (NYSE:CXM) had its price target lowered by Morgan Stanley from $10.00 to $7.00 in a report issued on Monday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Citigroup reduced their price target on shares of Sprinklr from $9.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. Rosenblatt Securities reissued a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Thursday, December 4th. Weiss Ratings downgraded shares of Sprinklr from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, February 26th. Cantor Fitzgerald restated a “neutral” rating and set a $8.00 target price on shares of Sprinklr in a research report on Wednesday, December 3rd. Finally, Citizens Jmp lowered their price target on shares of Sprinklr from $17.00 to $11.00 and set a “market outperform” rating for the company in a report on Thursday, March 12th. Two 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. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $8.31.

Sprinklr Price Performance

NYSE CXM opened at $5.72 on Monday. Sprinklr has a 1-year low of $5.12 and a 1-year high of $9.40. The business has a 50 day simple moving average of $6.21 and a two-hundred day simple moving average of $7.16. The stock has a market capitalization of $1.41 billion, a PE ratio of 63.56 and a beta of 0.78.

Sprinklr (NYSE:CXM) last issued its quarterly earnings data on Wednesday, March 11th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The business had revenue of $220.59 million for the quarter, compared to analysts’ expectations of $216.93 million. Sprinklr had a return on equity of 7.86% and a net margin of 2.67%.The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.10 EPS. 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, analysts anticipate that Sprinklr will post 0.1 EPS for the current fiscal year.

Insider Activity

In related news, CEO Rory P. Read sold 87,795 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $6.00, for a total value of $526,770.00. Following the sale, the chief executive officer directly owned 1,506,270 shares of the company’s stock, valued at $9,037,620. This represents a 5.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Jacob Scott sold 21,665 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $7.12, for a total transaction of $154,254.80. Following the completion of the sale, the general counsel directly owned 404,723 shares of the company’s stock, valued at approximately $2,881,627.76. The trade was a 5.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 327,062 shares of company stock valued at $2,145,077 in the last 90 days. Company insiders own 60.53% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC raised its holdings in shares of Sprinklr by 79.3% in the fourth quarter. Corient Private Wealth LLC now owns 46,394 shares of the company’s stock worth $361,000 after buying an additional 20,523 shares during the period. Hsbc Holdings PLC boosted its holdings in Sprinklr by 90.8% during the 4th quarter. Hsbc Holdings PLC now owns 247,931 shares of the company’s stock valued at $1,940,000 after acquiring an additional 117,991 shares during the period. Invesco Ltd. grew its position in Sprinklr by 19.8% in the 4th quarter. Invesco Ltd. now owns 735,924 shares of the company’s stock valued at $5,725,000 after acquiring an additional 121,501 shares during the last quarter. Mercer Global Advisors Inc. ADV bought a new position in Sprinklr in the 4th quarter valued at $93,000. Finally, Caitlin John LLC purchased a new stake in Sprinklr in the fourth quarter worth $295,000. Institutional investors own 40.19% of the company’s stock.

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.