CXM Stock Summary and Trading Ideas (Sprinklr Class A | NYSE:CXM)

Sprinklr Inc is engaged in providing enterprise software that enables every customer-facing function across the front office, from Customer Care to Marketing, to collaborate across internal silos, and communicate across digital channels. Its products include Sprinklr Service, Sprinklr Social, Sprinklr Insights and Sprinklr Marketing. The company operates in Americas, EMEA and other countries. It derives maximum revenue from Americas.

Sprinklr Class A trades on the NYSE stock market under the symbol CXM.

As of December 20, 2024, CXM stock price declined to $9.10 with 5,746,311 million shares trading.

CXM has a beta of 0.87, meaning it tends to be less sensitive to market movements. CXM has a correlation of 0.08 to the broad based SPY ETF.

CXM has a market cap of $2.41 billion. This is considered a Mid Cap stock.

Last quarter Sprinklr Class A reported $201 million in Revenue and $.10 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.02.

In the last 3 years, CXM traded as high as $17.14 and as low as $6.91.

The top ETF exchange traded funds that CXM belongs to (by Net Assets): IJR, IWM, VTI, VB, VGT.

CXM has underperformed the market in the last year with a return of -22.2%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CXM shares. However, CXM has outperformed the market in the last 3 month and 2 week periods, returning +17.6% and +3.5%, while SPY returned +4.4% and -2.4%, respectively. This indicates CXM has been having a stronger performance recently.

CXM support price is $8.90 and resistance is $9.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CXM shares will trade within this expected range on the day.