DA Davidson has revised its price target for Sprinklr (CXM, Financial), decreasing it to $8 from a previous estimate of $11, while maintaining a Neutral rating on the stock. This adjustment is part of the firm's updated analysis within its Software sector coverage.
The revised forecast reflects DA Davidson's anticipation of a potential slowdown in the U.S. economy, which is expected to experience one or two quarters of negative GDP growth this year. This economic outlook is leading to predictions of slower growth and a reduction in valuations across the board.
Despite the uncertainty surrounding the current tariff regime, DA Davidson anticipates a decline in consumer spending and business investment in the near term, affecting market dynamics over the upcoming quarters.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Sprinklr Inc (CXM, Financial) is $10.63 with a high estimate of $17.00 and a low estimate of $7.00. The average target implies an upside of 46.55% from the current price of $7.25. More detailed estimate data can be found on the Sprinklr Inc (CXM) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Sprinklr Inc's (CXM, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sprinklr Inc (CXM, Financial) in one year is $14.35, suggesting a upside of 97.93% from the current price of $7.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sprinklr Inc (CXM) Summary page.
