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Sprinklr Inc. (CXM) shares tumbled to $6.84, reflecting a period of significant volatility for the customer experience management company. According to InvestingPro data, the stock's technical indicators suggest oversold conditions, while the company maintains a strong balance sheet with more cash than debt. Over the past year, Sprinklr's stock has faced a steep decline, with the 1-year change data showing a substantial drop of 43.38%. Despite this downturn, management has been actively buying back shares, and 12 analysts have revised their earnings expectations upward for the upcoming period. The current price level marks a critical juncture for Sprinklr, as stakeholders closely monitor the company's performance and strategic initiatives aimed at recovering from this low point. InvestingPro analysis indicates the stock may be trading below its Fair Value, with analyst price targets ranging from $7 to $17. Discover more insights and 13 additional ProTips with an InvestingPro subscription.
In other recent news, Sprinklr Inc has been the focus of several analyst updates following its latest financial performance. Sprinklr's fiscal fourth-quarter results surpassed expectations, prompting DA Davidson to raise its price target from $9.50 to $10.50, though it maintained a Neutral rating. Similarly, Rosenblatt Securities increased its price target for the company from $10.50 to $12.00, keeping a Buy rating, citing strong revenue growth and improved operational efficiency under new leadership. Meanwhile, Scotiabank (TSX:BNS) adjusted its target to $9.00, up from $8.50, maintaining a Sector Perform rating, as Sprinklr's FY26 guidance exceeded margin expectations.
JMP Securities has reaffirmed its Market Outperform rating with a $17.00 price target, expressing confidence in Sprinklr's business model despite broader market challenges. The company has been actively engaging with investors, discussing its strategic direction and operational changes, including a workforce reduction to streamline expenses. These efforts are part of a multiyear turnaround strategy aimed at balancing growth and profitability, as highlighted by Sprinklr's commitment to the Rule of 40. The company is also focusing on its top customers and revamping its go-to-market strategy, with an emphasis on product innovation and AI integration.
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