Sprinklr (NYSE:CXM) Releases Q3 Earnings Guidance

Sprinklr (NYSE:CXM) updated its third quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.08 for the period, compared to the consensus earnings per share estimate of $0.12. The company issued revenue guidance of $196-197 million, compared to the consensus revenue estimate of $193.81 million. Sprinklr also updated its FY 2025 guidance to 0.320-0.330 EPS.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Wells Fargo & Company cut their price target on Sprinklr from $9.00 to $8.00 and set an equal weight rating for the company in a research note on Thursday. Rosenblatt Securities cut their target price on shares of Sprinklr from $14.00 to $11.00 and set a buy rating for the company in a research report on Tuesday. JMP Securities reiterated a market outperform rating and issued a $17.00 price target on shares of Sprinklr in a research report on Thursday. Barclays cut their price objective on shares of Sprinklr from $11.00 to $10.00 and set an overweight rating for the company in a research report on Thursday. Finally, Stifel Nicolaus decreased their target price on Sprinklr from $15.00 to $9.00 and set a hold rating on the stock in a report on Thursday, June 6th. Eight equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of Hold and an average price target of $10.30.

Sprinklr Trading Down 9.3 %

NYSE:CXM opened at $7.79 on Friday. The stock has a 50-day moving average price of $9.23 and a 200 day moving average price of $10.89. The stock has a market capitalization of $2.07 billion, a P/E ratio of 37.10, a P/E/G ratio of 1.53 and a beta of 0.79. Sprinklr has a 12-month low of $7.73 and a 12-month high of $17.14.

Sprinklr (NYSE:CXM) last released its quarterly earnings data on Wednesday, June 5th. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. Sprinklr had a net margin of 7.85% and a return on equity of 9.26%. The firm had revenue of $195.96 million for the quarter, compared to analysts’ expectations of $194.54 million. On average, research analysts predict that Sprinklr will post 0.19 earnings per share for the current fiscal year.

Insider Activity at Sprinklr

In other news, insider Diane Adams sold 13,717 shares of Sprinklr stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $9.20, for a total value of $126,196.40. Following the sale, the insider now directly owns 395,222 shares of the company’s stock, valued at $3,636,042.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders sold 15,962 shares of company stock valued at $148,000. Corporate insiders own 30.12% of the company’s stock.

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.