Sprinklr (NYSE:CXM - Get Free Report)'s stock had its "market outperform" rating restated by JMP Securities in a research note issued on Friday,Benzinga reports. They presently have a $17.00 target price on the stock. JMP Securities' price target suggests a potential upside of 87.74% from the stock's current price.
A number of other analysts have also recently issued reports on the company. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $9.00 price objective on shares of Sprinklr in a research report on Thursday, December 5th. Wells Fargo & Company cut Sprinklr from an "equal weight" rating to an "underweight" rating and cut their price objective for the company from $8.00 to $6.00 in a research report on Tuesday, November 12th. DA Davidson raised their price objective on Sprinklr from $8.00 to $9.50 and gave the company a "neutral" rating in a research report on Thursday, December 5th. William Blair cut Sprinklr from an "outperform" rating to a "market perform" rating in a research report on Friday. Finally, JPMorgan Chase & Co. reaffirmed a "neutral" rating and issued a $11.00 price objective on shares of Sprinklr in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, Sprinklr presently has a consensus rating of "Hold" and a consensus price target of $10.13.
Check Out Our Latest Stock Analysis on Sprinklr
Sprinklr Stock Performance
CXM traded up $0.09 on Friday, hitting $9.06. 1,328,359 shares of the company were exchanged, compared to its average volume of 1,356,604. Sprinklr has a 12 month low of $6.91 and a 12 month high of $14.31. The company has a market cap of $2.30 billion, a PE ratio of 56.53, a PEG ratio of 2.35 and a beta of 0.79. The stock's fifty day moving average is $8.80 and its 200-day moving average is $8.32.
Hedge Funds Weigh In On Sprinklr
Hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. increased its stake in shares of Sprinklr by 100.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,856 shares of the company's stock valued at $33,000 after purchasing an additional 1,928 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of Sprinklr in the 4th quarter valued at $42,000. SG Americas Securities LLC bought a new position in shares of Sprinklr in the 4th quarter valued at $89,000. Cibc World Markets Corp bought a new position in shares of Sprinklr in the 4th quarter valued at $92,000. Finally, Everence Capital Management Inc. bought a new position in shares of Sprinklr in the 3rd quarter valued at $105,000. Institutional investors own 40.19% of the company's stock.
Sprinklr Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Sprinklr, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sprinklr wasn't on the list.
While Sprinklr currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
