Sprinklr, Inc. (NYSE:CXM – Get Free Report) has earned a consensus recommendation of “Hold” from the thirteen analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $10.00.
CXM has been the topic of a number of recent analyst reports. JMP Securities restated a “market outperform” rating and issued a $17.00 price target on shares of Sprinklr in a research report on Thursday, September 5th. Citigroup lowered their price objective on shares of Sprinklr from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, September 5th. Cantor Fitzgerald decreased their target price on shares of Sprinklr from $10.00 to $9.00 and set a “neutral” rating on the stock in a research note on Thursday, September 5th. Barclays downgraded shares of Sprinklr from an “overweight” rating to an “underweight” rating and lowered their price target for the stock from $10.00 to $7.00 in a report on Monday, October 7th. Finally, Wells Fargo & Company reduced their price objective on Sprinklr from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 5th.
View Our Latest Research Report on CXM
Insider Transactions at Sprinklr
Institutional Investors Weigh In On Sprinklr
A number of institutional investors and hedge funds have recently bought and sold shares of CXM. CWM LLC boosted its holdings in Sprinklr by 111.0% during the 2nd quarter. CWM LLC now owns 3,620 shares of the company’s stock worth $35,000 after acquiring an additional 1,904 shares during the last quarter. CIBC Asset Management Inc lifted its position in shares of Sprinklr by 15.6% during the second quarter. CIBC Asset Management Inc now owns 12,523 shares of the company’s stock valued at $120,000 after purchasing an additional 1,694 shares in the last quarter. Everence Capital Management Inc. purchased a new position in Sprinklr during the third quarter worth about $105,000. Susquehanna Fundamental Investments LLC bought a new stake in Sprinklr in the 1st quarter worth about $166,000. Finally, Simplicity Wealth LLC purchased a new stake in Sprinklr in the 2nd quarter valued at about $148,000. 40.19% of the stock is owned by hedge funds and other institutional investors.
Sprinklr Stock Performance
Shares of Sprinklr stock opened at $7.61 on Thursday. The firm has a 50-day moving average of $7.61 and a 200-day moving average of $9.29. Sprinklr has a 52-week low of $6.91 and a 52-week high of $17.14. The stock has a market cap of $1.93 billion, a PE ratio of 42.28, a PEG ratio of 2.25 and a beta of 0.76.
Sprinklr (NYSE:CXM – Get Free Report) last announced its earnings results on Wednesday, September 4th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.01. The firm had revenue of $197.21 million for the quarter, compared to analyst estimates of $194.58 million. Sprinklr had a net margin of 6.54% and a return on equity of 8.40%. Equities research analysts predict that Sprinklr will post 0.11 earnings per share for the current fiscal year.
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.
Recommended Stories
- Five stocks we like better than Sprinklr
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- What a Trump Win Looks Like for the Market Now and Into 2025
- How to Calculate Stock Profit
- Russell 2000 Surge Post-Election: How to Play the Small-Cap Pop
- Industrial Products Stocks Investing
- Macro Headwinds Send Microchip Technology Stock to the Buy Zone
Receive News & Ratings for Sprinklr Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprinklr and related companies with MarketBeat.com's FREE daily email newsletter.