FY2026 Earnings Estimate for Sprinklr Issued By Scotiabank

Sprinklr, Inc. (NYSE:CXMFree Report) – Equities researchers at Scotiabank lifted their FY2026 earnings per share estimates for shares of Sprinklr in a report released on Monday, June 9th. Scotiabank analyst A. Verkhovski now forecasts that the company will post earnings of $0.15 per share for the year, up from their previous forecast of $0.14. Scotiabank currently has a “Sector Perform” 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.

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

Several other research firms also recently commented on CXM. Wells Fargo & Company lifted their price objective on Sprinklr from $6.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 5th. Cantor Fitzgerald started coverage on shares of Sprinklr in a research note on Tuesday, June 3rd. They issued a “neutral” rating and a $8.00 price target for the company. DA Davidson increased their price objective on shares of Sprinklr from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, June 5th. Morgan Stanley raised their target price on shares of Sprinklr from $8.00 to $10.00 and gave the stock an “equal weight” rating in a report on Thursday, June 5th. Finally, JMP Securities reiterated a “market outperform” rating and set a $17.00 target price on shares of Sprinklr in a research note on Thursday, June 5th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, Sprinklr presently has an average rating of “Hold” and a consensus price target of $10.25.

Check Out Our Latest Report on Sprinklr

Sprinklr Trading Down 3.1%

Sprinklr stock opened at $8.56 on Thursday. Sprinklr has a 12 month low of $6.75 and a 12 month high of $10.27. The stock has a fifty day simple moving average of $7.92 and a two-hundred day simple moving average of $8.45. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 53.47, a PEG ratio of 2.31 and a beta of 0.81.

Insider Buying and Selling at Sprinklr

In other Sprinklr news, Director Neeraj Agrawal sold 26,053 shares of Sprinklr stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $9.28, for a total transaction of $241,771.84. Following the transaction, the director now owns 968,306 shares of the company’s stock, valued at $8,985,879.68. The trade was a 2.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Roger H. Lee sold 285,439 shares of the company’s stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $8.68, for a total transaction of $2,477,610.52. Following the completion of the transaction, the insider now owns 229,360 shares of the company’s stock, valued at approximately $1,990,844.80. The trade was a 55.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 897,008 shares of company stock valued at $7,835,274. Company insiders own 60.53% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Barclays PLC raised its holdings in Sprinklr by 283.7% during the third quarter. Barclays PLC now owns 242,990 shares of the company’s stock valued at $1,878,000 after acquiring an additional 179,661 shares during the period. SG Americas Securities LLC bought a new stake in Sprinklr during the 4th quarter valued at approximately $89,000. Bank of New York Mellon Corp raised its stake in Sprinklr by 0.8% during 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 purchasing an additional 11,513 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings 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 worth $8,917,000 after purchasing an additional 18,021 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in Sprinklr by 41.5% in the 4th quarter. Victory Capital Management Inc. now owns 87,070 shares of the company’s stock worth $736,000 after purchasing an additional 25,552 shares during the period. Hedge funds and other institutional investors own 40.19% of the company’s stock.

About Sprinklr

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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.

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Earnings History and Estimates for Sprinklr (NYSE:CXM)

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