Sprinklr (NYSE:CXM) Price Target Lowered to $8.00 at Citigroup

Sprinklr (NYSE:CXM) had its price objective dropped by stock analysts at Citigroup from $9.00 to $8.00 in a research note issued on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price objective points to a potential upside of 13.07% from the company’s current price.

Several other equities research analysts have also issued reports on CXM. Rosenblatt Securities reaffirmed a “buy” rating and issued a $12.00 price objective on shares of Sprinklr in a research note on Tuesday, September 30th. Barclays lowered their price target on Sprinklr from $9.00 to $8.00 and set an “underweight” rating for the company in a report on Wednesday, September 3rd. Wall Street Zen downgraded shares of Sprinklr from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Sprinklr in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $9.91.

Sprinklr Stock Down 0.5%

NYSE CXM traded down $0.04 during trading hours on Monday, reaching $7.08. The company’s stock had a trading volume of 534,749 shares, compared to its average volume of 1,864,900. The firm’s 50-day moving average price is $7.61 and its 200-day moving average price is $8.17. Sprinklr has a 1 year low of $6.75 and a 1 year high of $9.69. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 15.72 and a beta of 0.78.

Sprinklr (NYSE:CXM) last posted its earnings results on Wednesday, September 3rd. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $212.04 million for the quarter, compared to the consensus estimate of $205.39 million. Sprinklr had a return on equity of 8.59% and a net margin of 14.64%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 earnings per share. Sprinklr has set its FY 2026 guidance at 0.420-0.430 EPS. Q3 2026 guidance at 0.090-0.090 EPS. Equities research analysts anticipate that Sprinklr will post 0.1 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Manish Sarin sold 37,008 shares of the firm’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 in the company, valued at $5,389,450.75. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ragy Thomas sold 28,916 shares of the business’s stock in a transaction that occurred on Tuesday, September 16th. The shares were sold at an average price of $7.75, for a total value of $224,099.00. Following the completion of the sale, the director owned 737,301 shares of the company’s stock, valued at $5,714,082.75. This trade represents a 3.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 732,709 shares of company stock worth $5,557,979. 60.53% of the stock is currently owned by company insiders.

Institutional Trading of Sprinklr

Several large investors have recently made changes to their positions in the company. Victory Capital Management Inc. lifted its holdings in Sprinklr by 5.3% in the 1st quarter. Victory Capital Management Inc. now owns 91,714 shares of the company’s stock valued at $766,000 after purchasing an additional 4,644 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in shares of Sprinklr in the first quarter worth about $276,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Sprinklr during the first quarter worth about $142,000. XTX Topco Ltd purchased a new stake in Sprinklr during the 1st quarter valued at about $411,000. Finally, Letko Brosseau & Associates Inc. lifted its stake in Sprinklr by 1.0% in the 1st quarter. Letko Brosseau & Associates Inc. now owns 1,748,875 shares of the company’s stock worth $14,603,000 after purchasing an additional 17,275 shares in the last quarter. 40.19% of the stock is currently owned by hedge funds and other institutional investors.

Sprinklr Company Profile

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.