Sprout Social, Inc. (NASDAQ:SPT) Receives $11.88 Consensus Target Price from Analysts

Sprout Social, Inc. (NASDAQ:SPT) has earned an average recommendation of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $11.8750.

A number of analysts have recently issued reports on SPT shares. Barclays lifted their price objective on shares of Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a research report on Friday, July 17th.

Sprout Social Stock Up 3.4%

SPT stock opened at $7.57 on Monday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $455.03 million, a P/E ratio of -11.47 and a beta of 0.99. Sprout Social has a fifty-two week low of $4.92 and a fifty-two week high of $19.51. The business has a 50-day moving average of $7.45 and a 200-day moving average of $7.22.

Sprout Social (NASDAQ:SPT) last announced its earnings results on Thursday, May 7th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.07. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.The business had revenue of $121.50 million for the quarter, compared to analyst estimates of $120.33 million. Sprout Social has set its Q2 2026 guidance at 0.150-0.160 EPS and its FY 2026 guidance at 0.880-0.970 EPS. On average, sell-side analysts anticipate that Sprout Social will post -0.31 earnings per share for the current fiscal year.

Insider Activity at Sprout Social

In other news, insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $8.28, for a total value of $331,200.00. Following the completion of the transaction, the insider owned 7,417 shares in the company, valued at $61,412.76. This trade represents a 84.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Sprout Social

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Sprout Social by 4.2% in the fourth quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company’s stock valued at $76,894,000 after purchasing an additional 274,527 shares in the last quarter. State Street Corp raised its stake in shares of Sprout Social by 8.2% during the 4th quarter. State Street Corp now owns 1,546,142 shares of the company’s stock worth $17,425,000 after purchasing an additional 117,757 shares in the last quarter. LB Partners LLC raised its stake in shares of Sprout Social by 144.7% during the 1st quarter. LB Partners LLC now owns 1,510,979 shares of the company’s stock worth $8,613,000 after purchasing an additional 893,502 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Sprout Social by 11.0% in the 4th quarter. Geode Capital Management LLC now owns 1,254,451 shares of the company’s stock valued at $14,141,000 after buying an additional 123,983 shares during the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Sprout Social by 14.5% in the 4th quarter. First Trust Advisors LP now owns 1,028,538 shares of the company’s stock valued at $11,592,000 after buying an additional 130,447 shares during the last quarter.

About Sprout Social

Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes. The company provides a cloud-based platform designed to help organizations improve their social media presence through a suite of tools for content scheduling, community engagement, social listening and analytics. Sprout Social’s platform is built to streamline the workflows of marketing, customer care and public relations teams by providing a centralized hub for managing multiple social channels.

The company’s product offerings include publishing and scheduling capabilities that allow users to plan and automate social content across networks such as Facebook, Instagram, Twitter, LinkedIn and Pinterest.