10 Best Cloud Computing Stocks to Buy Under $10

8. Sprinklr Inc. (NYSE:CXM)

Current Share Price: $8.43

Number of Hedge Fund Holders: 25

Sprinklr Inc. (NYSE:CXM) provides customer experience management (CXM) solutions using an AI-powered unified-CXM platform for businesses which enables them to handle customer interactions across various channels, including social media, messaging, and email. The platform integrates data analytics, artificial intelligence, and machine learning to enhance customer engagement, streamline marketing efforts, and improve overall brand experience.

Sprinklr Inc. (NYSE:CXM) ended Q4 with $484 million in cash and no debt. FY 2026 is expected to be a transition year as the company focuses on cost optimisation, refining its go-to-market approach, and enhancing product innovation. Management is aiming for sustainable, efficient growth and improving profitability, with progress towards the software industry’s Rule of 40 metric. A recent 15% reduction in headcount is expected to support margin improvement.

In FY 2025 (FY ends in January), Sprinklr delivered steady results, with revenue rising 9% year-over-year to $796.4 million, driven by $718 million in subscription revenue (+7% YoY). However, revenue growth is expected to moderate to over 3% in FY 2026, reaching $823 million. Despite this, EPS is projected to improve by 10% to $0.39, rebounding after a decline in FY 2025.

The company is well-poised to benefit from the rising demand for smooth digital customer experiences. However, its financial performance has been below expectations in recent quarters, and the company is working on an improvement plan. Thus, the market remains on the sidelines for visible signs of improvement. However, on March 13, Patrick Walravens from JMP Securities reiterated a Buy rating on Sprinklr with a price target of $17, which essentially implies that the share price will double from here.