Here’s Why DA Davidson Lowered Price Target on Sprinklr (CXM)

​Sprinklr, Inc. (NYSE:CXM) is one of the Best All-Time Low Stocks to Buy in 2026. The share price of Sprinklr, Inc. (NYSE:CXM) has fallen more than 32% year-to-date, and the stock is now trading close to its all-time low of $4.72. However, the Street’s 12-month average price target suggests more than 39.44% upside from the current level.

​On April 17, DA Davidson analyst Clark Wright lowered the firm’s price target on Sprinklr, Inc. (NYSE:CXM) from $6.50 to $6.25, while maintaining a Neutral rating. The analyst said in a research note that the company’s fiscal 2027 outlook appears to be de-risked, suggesting that current financial guidance has accounted for potential volatility. However, despite this, the analyst remains cautious on the company’s long-term business visibility. Moreover, the firm noted a recent spike in short interest, suggesting that investors are closely monitoring the company’s performance trajectory and remain wary of its future expansion.

​That said, earlier on April 07, Sprinklr announced its Spring ’26 Release (26.4), which is a comprehensive update to its AI-native Unified Customer Experience Management platform. Management noted that this release focuses on scaling enterprise AI by introducing agentic capabilities and improving trust through transparent, test-backed validation of autonomous systems. Some key updates include Sprinklr Service, Sprinklr Insights, Marketing & Social, and Platform Governance.

​Sprinklr Inc. (NYSE:CXM) delivers cloud-based software to enterprises, mainly targeting customer-facing teams. Its services portfolio includes AI suites that help with several functions like unifying social media engagements, analytics, content lifecycle, and more. It also offers training and consultancy services.

While we acknowledge the risk and potential of CXM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CXM and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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