Sprinklr (NYSE:CXM) Updates Q2 Earnings Guidance

Sprinklr (NYSE:CXMGet Free Report) updated its second quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.06-0.07 for the period, compared to the consensus EPS estimate of $0.09. The company issued revenue guidance of $194-195 million, compared to the consensus revenue estimate of $196.98 million. Sprinklr also updated its FY 2025 guidance to 0.400-0.410 EPS.

Analyst Ratings Changes

Several brokerages recently issued reports on CXM. JMP Securities decreased their price target on Sprinklr from $22.00 to $17.00 and set a market outperform rating for the company in a report on Thursday. DA Davidson downgraded Sprinklr from a buy rating to a neutral rating and decreased their price target for the stock from $16.00 to $9.00 in a report on Thursday. KeyCorp assumed coverage on Sprinklr in a research report on Thursday, March 21st. They issued an overweight rating and a $19.00 price objective on the stock. Morgan Stanley cut their price objective on Sprinklr from $16.00 to $12.00 and set an equal weight rating on the stock in a research report on Thursday. Finally, Oppenheimer reissued a market perform rating on shares of Sprinklr in a research report on Thursday, March 28th. Eight equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $12.90.

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Sprinklr Stock Down 3.1 %

CXM opened at $8.92 on Friday. The stock’s fifty day moving average is $11.81 and its two-hundred day moving average is $12.52. The company has a market capitalization of $2.44 billion, a P/E ratio of 42.45, a PEG ratio of 1.77 and a beta of 0.84. Sprinklr has a 52 week low of $8.33 and a 52 week high of $17.14.

Sprinklr (NYSE:CXMGet Free Report) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.03 by $0.04. The company had revenue of $194.21 million for the quarter, compared to the consensus estimate of $188.50 million. Sprinklr had a return on equity of 9.26% and a net margin of 7.85%. Equities analysts anticipate that Sprinklr will post 0.17 earnings per share for the current year.

Insider Transactions at Sprinklr

In related news, major shareholder R David Tabors sold 319,405 shares of the firm’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $12.10, for a total value of $3,864,800.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other Sprinklr news, major shareholder R David Tabors sold 319,405 shares of Sprinklr stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $12.10, for a total transaction of $3,864,800.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CMO Arun Pattabhiraman sold 52,401 shares of Sprinklr stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $11.66, for a total value of $610,995.66. Following the transaction, the chief marketing officer now owns 491,862 shares of the company’s stock, valued at approximately $5,735,110.92. The disclosure for this sale can be found here. Insiders sold 495,273 shares of company stock valued at $6,083,127 in the last quarter. 30.12% of the stock is currently owned by corporate insiders.

Sprinklr Company Profile

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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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