High materiality8/10
Sprinklr Analysts Boost Their Forecasts After Upbeat Earnings
Why it may matterVerify against the original reporting
CXM's strong earnings beat and revised revenue guidance suggest resilience, countering negative price action.
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What happened, with direct paths to the underlying reporting
CXM reported Q1 2026 sales of $205.5 million, exceeding estimates. Adjusted EPS of 12 cents beat expectations; subscription revenue rose 3.8%. Fiscal 2026 revenue forecast increased to $825-$827 million. Analysts adjusted price targets; Wells Fargo remains Underweight. Shares dropped 2.4% post-earnings, closing at $8.86.
- CXM reported Q1 2026 sales of $205.5 million, exceeding estimates.
- Adjusted EPS of 12 cents beat expectations; subscription revenue rose 3.8%.
- Fiscal 2026 revenue forecast increased to $825-$827 million.
- Analysts adjusted price targets; Wells Fargo remains Underweight.
- Shares dropped 2.4% post-earnings, closing at $8.86.
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