Sprinklr, Inc. (NYSE:CXM) Receives $10.13 Average Target Price from Analysts

Sprinklr, Inc. (NYSE:CXM) has received a consensus rating of “Hold” from the fourteen analysts that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation and three have assigned 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 $10.38.

A number of research firms recently weighed in on CXM. Cantor Fitzgerald restated a “neutral” rating and issued a $9.00 price target on shares of Sprinklr in a research note on Thursday, December 5th. DA Davidson increased their price target on Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Scotiabank increased their price target on Sprinklr from $8.50 to $9.00 and gave the company a “sector perform” rating in a research note on Thursday. Stifel Nicolaus increased their price target on Sprinklr from $9.00 to $10.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Finally, Morgan Stanley increased their price objective on Sprinklr from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Thursday.

Sprinklr Stock Down 0.8 %

Shares of Sprinklr stock opened at $9.13 on Wednesday. Sprinklr has a 12-month low of $6.91 and a 12-month high of $14.32. The stock has a market cap of $2.32 billion, a P/E ratio of 57.03, a P/E/G ratio of 2.31 and a beta of 0.80. The business’s 50 day moving average is $8.76 and its 200-day moving average is $8.27.

Institutional Trading of Sprinklr

Large investors have recently modified their holdings of the stock. Janney Montgomery Scott LLC acquired a new stake in shares of Sprinklr during the 4th quarter worth $989,000. Weiss Asset Management LP acquired a new stake in Sprinklr in the third quarter valued at about $806,000. Geode Capital Management LLC boosted its stake in Sprinklr by 11.9% in the third quarter. Geode Capital Management LLC now owns 2,788,550 shares of the company’s stock valued at $21,560,000 after buying an additional 295,638 shares in the last quarter. Ceera Investments LLC boosted its stake in Sprinklr by 61.4% in the fourth quarter. Ceera Investments LLC now owns 182,105 shares of the company’s stock valued at $1,539,000 after buying an additional 69,290 shares in the last quarter. Finally, Barclays PLC boosted its stake in Sprinklr by 283.7% in the third quarter. Barclays PLC now owns 242,990 shares of the company’s stock valued at $1,878,000 after buying an additional 179,661 shares in the last quarter. 40.19% of the stock is owned by institutional investors and hedge funds.

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.