10 Stocks Skyrocketing Today

2. Sprinklr Inc. (NYSE:CXM)

Sprinklr surged by 16.58 percent on Wednesday to end at $9.42 each as investors cheered the company’s stellar earnings performance during the last quarter.

In a statement, CXM said net income for three months ending January 31, 2025, soared by 367 percent to $98.68 million from $21.14 million in the same period a year earlier, as revenues inched up by 4 percent to $202 million from $194 million.

Meanwhile, net income for the full year alone jumped by 136 percent to $121.6 million from $51.4 million, as revenues rose 8 percent to $796 million from $732 million.

Looking ahead, CXM expects total revenues for the next quarter to settle between $201.5 million and $202.5 million and between $821.5 million and $823.5 million for the full year.

“The transformation of Sprinklr is well underway, with swift actions taken to optimize our expense base, re-define our GTM coverage model, strengthen our product innovation roadmaps, and rebalance our investments and resources to better serve our customers and partners,” said CXM President and CEO Rory Read. “[Full Year 2026] will be a transition year for Sprinklr as we execute our strategy that we believe will position the company to drive durable, efficient growth as we march towards the Rule of 40,” the company said.