LOS ANGELES, Aug. 14, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sprinklr, Inc. ("Sprinklr" or "the Company") (NYSE: CXM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 29, 2023 and June 5, 2024, inclusive (the "Class Period"), are encou ...

Core Viewpoint - The Sprinklr class action lawsuit alleges that the company and its executives made misleading statements regarding its performance and growth prospects, leading to significant stock price declines during the class period [3][4][5]. Group 1: Class Action Details - The class action lawsuit is titled Boshart v. Sprinklr, Inc., and it involves purchasers of Sprinklr securities from March 29, 2023, to June 5, 2024 [1]. - Investors have until October 15, 2024, to seek appointment as lead plaintiff in the lawsuit [2][6]. - The lawsuit claims that Sprinklr faced difficulties in scaling its Contact Center as a Service market, which contributed to a slowdown in growth [3]. Group 2: Financial Performance Allegations - On December 6, 2023, Sprinklr reported a sequential decrease in the number of customers spending over $1 million, attributing this to macroeconomic conditions, which led to a stock price drop of over 33% [4]. - On June 5, 2024, Sprinklr further reduced its fiscal year 2025 growth projections from 10% to 7%, citing reduced customer retention and macro headwinds, resulting in a stock price decline of more than 15% [5]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Sprinklr securities during the class period to seek lead plaintiff status [6]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud cases, having recovered $6.6 billion for investors in class action cases [7].

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: To: All persons or entities who purchased or otherwise acquired securities of Sprinklr, Inc. ("Sprinklr" or the "Company") (NYSE: CXM) between March 29, 2023 and June 5, 2024, both dates inclusive. You are hereby notified that the class action lawsuit Shane Boshart v. Sprinklr, Inc., et al. (Case No. 1:24-cv-06132) has been commenced in the United States District Court for the Southern District of N ...

Reddit, Inc RDDT is benefiting from Alphabet Inc GOOGL Google search changes as well as partnerships with artificial intelligence innovator OpenAI and Sprinklr Inc CXM. Here are the analyst takes. Piper Sandler analyst Thomas Champion reiterated an Overweight rating on Reddit with a price target of $70, up from $65. JMP analyst Andrew Boone reiterated a Market Outperform rating and $84 price target on Reddit. Goldman Sachs analyst Eric Sheridan maintained a Neutral rating and a price target of $60 on Reddit ...

Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Right now, Sprinklr is sporting a Zacks Rank of #2 (Buy), while Ibotta has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that CXM likely has seen a st ...

shapecharge/E+ via Getty Images Sprinklt (NYSE:CXM), in my view, fits the bill perfectly here. This customer experience and social media management company has seen its share price slide~20% this year, accompanying its recent fall in growth pace to the low teens. Still, in my view, the company offers a number of advantages and is overdue a rebound. VAL 9.50 Sprinklr Inc (CXM) Price 14.00 12.00 10.00 9.50 8,00 Jan '24 Mar `24 May '24 Jul '24 Seeking AlphaQ Jul 17, 2024, 7:28 AM EDT Powesed by YC H A R TS Dat ...

On this news, Sprinklr's stock price fell by $5.59 per share, or approximately 34% to close at $11.11 per share. For more information on the NWTN investigation go to: https://bespc.com/cases/NWTN NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sprinklr, Inc. (NYSE: CXM) and NWTN Inc. (NASDAQ: NWTN). Our investigations concern whether these companies have violated the federal securities law ...

Core Insights - The article compares two stocks in the Technology Services sector: Sprinklr (CXM) and Trane Technologies (TT), evaluating which presents a better value opportunity for investors [1]. Valuation Metrics - CXM has a Price-to-Book (P/B) ratio of 4.07, while TT has a P/B ratio of 11.26, indicating that CXM may be undervalued compared to TT [3]. - The forward Price-to-Earnings (P/E) ratio for CXM is 22.80, whereas TT's forward P/E is 32.76. Additionally, CXM has a PEG ratio of 0.76, compared to TT's PEG ratio of 2.66, suggesting that CXM offers better value relative to its expected earnings growth [5]. Earnings Outlook - Both CXM and TT have a Zacks Rank of 2 (Buy), indicating positive revisions to their earnings estimates and improving earnings outlooks [4]. Value Grades - CXM has a Value grade of B, while TT has a Value grade of C, highlighting that CXM is considered a better value option based on various key metrics [9].

Investors can contact the law firm at no cost to learn more about recovering their losses Investors of Sprinklr that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. On June 5, 2024, Sprinklr issued a press release "report[ing] financial results for its first fiscal quarter ended April 30, 2024." Among other items, Sprinklr provided full-year revenue guidance below expectations and second-quarter revenue guidance that fell short of consensus estimates. Sprinklr cited a soft dema ...

Investment overview CXM reported a bad and disappointing 1Q25 quarter. Revenue grew 13% y/y to $195.9 million, which was a big deceleration from the 17.5% y/y growth seen in 4Q24 and 19.6% y/y growth seen in 1Q24. Profitability performance was mixed. Pro forma gross margin missed consensus estimates by 20bps, coming in at 74.2%. However, pro forma EBIT came in 10bps ahead of consensus estimates and management's guidance, at 10.4%. I underestimated how CXM would be impacted by the bad macro environment. Espe ...