How to Buy Sprinklr Stock
Sprinklr Inc
Sprinklr is a app company located in New York, United States, which is part of the Technology sector, and is traded under the ticker CXM on the NYSE exchange.
Sprinklr stock last closed at $11.98, up 1.27% from the previous day, and has decreased 4.85% in one year. It has underperformed other stocks in the Software - Application industry by 0.29 percentage points. Sprinklr stock is currently +9.61% from its 52-week low of $10.93, and -30.11% from its 52-week high of $17.14.
At the moment, there are 273.2M CXM shares outstanding. The market cap of CXM is $3.27B. In the last 24 hours, 1.17M CXM shares were traded.
How to Buy Sprinklr Stock
Wondering how to invest in Sprinklr stock? Here's how.
- Decide where to buy Sprinklr stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Sprinklr stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your method of payment and add your information.
- Analyze Sprinklr stock: The Sprinklr ticker symbol is CXM. Is Sprinklr stock a good investment? Should you buy shares of CXM? How do CXM's underlying business fundamentals look? Do top analysts think Sprinklr is a good buy? Why has CXM's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if CXM is a good stock to buy).
- Make your CXM buy order: Decide if you will purchase CXM shares at the current market price or use a limit order to purchase CXM shares at a given price.
- Keep an eye on your investment in CXM: Create a watchlist to monitor your position in Sprinklr shares.
Step 1: Decide where to buy Sprinklr stock
You will need a brokerage account to access the NYSE market and buy CXM shares.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy CXM today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new brokerage account.
- Send your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on investing apps, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring funds into your investment account.
Step 4: Analyze Sprinklr stock
After you have chosen the best place to buy Sprinklr stock, it's important to analyze their stock before you invest, so you can comprehend the risk as well as the opportunity.
Sprinklr Numbers
Fundamentals of CXM
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on CXM's stock page.
Is CXM stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge CXM's true value.
Using relative valuations ratios:
- CXM may be undervalued based on its P/E ratio of 63.05x, relative to Software - Application industry P/E ratio of 103.08x
- CXM could be undervalued based on its P/B ratio of 4.82x, relative to Software - Application industry P/B ratio of 6.53x
You can do additional valuation analysis on CXM's stock here.
How do CXM Financials look?
Signs that CXM is financially healthy:
- CXM's operating cash flow of $71.47M allows it to safely service it's debt of $33.29M.
- There are more short-term assets than long-term liabilities on the CXM balance sheet.
- CXM profit margin has gone up from -9% to 7% in the past year.
- There are more short-term assets than short-term liabilities on the CXM balance sheet.
- CXM earnings of $60.52M is not sufficient to cover its interest payments.
Signs that CXM is not financially healthy:
- CXM has a relatively high debt to equity ratio of 0.8.
Is CXM stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 9 Equities analysts who monitor CXM, the consensus analyst rating on CXM is a Strong Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent CXM Analyst Ratings
Raimo Lenschow, a top 1% analyst from Barclays maintains CXM with a strong buy rating and lowers their CXM price target from $18.00 to $15.00, on Dec 11, 2023.
Elizabeth Porter, a bottom 6% analyst from Morgan Stanley maintains CXM with a hold rating and lowers their CXM price target from $18.00 to $16.00, on Dec 8, 2023.
Parker Lane, a bottom 4% analyst from Stifel Nicolaus maintains CXM with a hold rating and lowers their CXM price target from $16.00 to $15.00, on Dec 7, 2023.
Patrick Walravens, a bottom 10% analyst from JMP Securities maintains CXM with a buy rating and lowers their CXM price target from $24.00 to $22.00, on Dec 7, 2023.
You can dig deeper into what analysts are forecasting on the Sprinklr stock forecast page.
CXM Momentum
CXM Growth Numbers
Last year, CXM revenue was $732.36M. During the last four year, CXM's revenue has grown by 22.59% per year. This was slower than the Software - Application industry average of 27.59%.
You can research CXM's earnings and revenue performance here.
What are CXM executives and large shareholders up to?
In the past 12 months, executives and large shareholders at CXM have sold more shares than they have bought.
Arun Pattabhiraman, CHIEF MARKETING OFFICER of CXM, was the latest CXM insider to sell. They sold $610,995.66 worth of CXM stock on Apr 12, 2024.
Get more info about who owns CXM shares here.
Can I get consistent income from CXM stock?
No, Sprinklr doesn't provide an income stream by paying out dividends.
What others are saying about CXM
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your CXM buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more assistance investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in CXM
Now that you own some shares in CXM, you'll want to stay up-to-date on your investment.
Make a watchlist to get alerted to the latest events about your CXM stock.
CXM Feed
How to Buy Stock in Sprinklr
To summarize, here are the 6 steps to buy Sprinklr stock:
- Decide where to buy Sprinklr stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Sprinklr stock
- Make your CXM buy order
- Keep an eye on your investment in CXM
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Sprinklr, add CXM to your watchlist below.
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