Sprinklr, Inc. (NYSE:CXM) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Sprinklr, Inc. (NYSE:CXMGet Free Report) have been given an average rating of “Hold” by the fourteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $10.13.

Several analysts have recently weighed in on the company. Scotiabank lifted their target price on Sprinklr from $7.70 to $8.50 and gave the stock a “sector perform” rating in a research report on Thursday, December 5th. DA Davidson boosted their price objective on shares of Sprinklr from $8.00 to $9.50 and gave the company a “neutral” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $11.00 target price on shares of Sprinklr in a research report on Wednesday, December 11th. Barclays boosted their price target on Sprinklr from $7.00 to $9.00 and gave the company an “underweight” rating in a report on Thursday, December 5th. Finally, Rosenblatt Securities restated a “buy” rating and set a $10.50 price objective on shares of Sprinklr in a report on Thursday, December 5th.

Get Our Latest Report on CXM

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC grew its holdings in Sprinklr by 12.0% in the second quarter. Commonwealth Equity Services LLC now owns 22,854 shares of the company’s stock worth $220,000 after purchasing an additional 2,450 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Sprinklr by 66.5% during the second quarter. Victory Capital Management Inc. now owns 52,590 shares of the company’s stock valued at $506,000 after acquiring an additional 21,012 shares in the last quarter. Sei Investments Co. raised its position in shares of Sprinklr by 4.1% in the 2nd quarter. Sei Investments Co. now owns 192,815 shares of the company’s stock valued at $1,855,000 after purchasing an additional 7,682 shares during the last quarter. Public Sector Pension Investment Board boosted its stake in Sprinklr by 8.8% in the 2nd quarter. Public Sector Pension Investment Board now owns 263,661 shares of the company’s stock worth $2,536,000 after purchasing an additional 21,281 shares in the last quarter. Finally, Lombard Odier Asset Management USA Corp purchased a new stake in Sprinklr during the 2nd quarter worth approximately $277,000. 40.19% of the stock is owned by institutional investors.

Sprinklr Stock Down 0.1 %

CXM opened at $8.57 on Tuesday. The business has a fifty day moving average of $8.56 and a 200 day moving average of $8.39. The stock has a market cap of $2.18 billion, a P/E ratio of 53.59, a PEG ratio of 2.75 and a beta of 0.78. Sprinklr has a 52-week low of $6.91 and a 52-week high of $14.31.

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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Analyst Recommendations for Sprinklr (NYSE:CXM)

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