Sprout Social, Inc. (NASDAQ:SPT) Stock Has Average Target Price of $10.88

Sprout Social, Inc. (NASDAQ:SPT) has earned an average rating of “Hold” from the ten analysts that are presently covering the stock, Marketbeat reports. Two investment 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 twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $10.88.

Several brokerages have recently weighed in on SPT. Zacks Research lowered shares of Sprout Social from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a research report on Thursday, October 15th. Barclays increased their price target on Sprout Social from $9.00 to $12.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. KeyCorp lifted their price target on shares of Sprout Social from $6.00 to $7.00 and gave the company an “underweight” rating in a research report on Friday, August 7th. Finally, Wall Street Zen upgraded shares of Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th.

Insider Buying and Selling at Sprout Social

In related news, insider Justyn Howard sold 40,000 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $11.02, for a total value of $440,800.00. Following the sale, the insider owned 7,417 shares in the company, valued at $81,735.34. This represents a 84.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 51,612 shares of company stock valued at $573,757. Corporate insiders own 9.60% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Pale Fire Capital SE bought a new stake in Sprout Social during the first quarter worth $1,960,000. Arrowstreet Capital Limited Partnership lifted its stake in Sprout Social by 46.9% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 442,496 shares of the company’s stock valued at $2,522,000 after acquiring an additional 141,258 shares in the last quarter. Pacer Advisors Inc. bought a new position in Sprout Social during the 1st quarter valued at $1,500,000. Bank of New York Mellon Corp purchased a new position in Sprout Social during the 2nd quarter worth $1,658,000. Finally, Haveli Investment Management LLC bought a new stake in shares of Sprout Social in the 2nd quarter worth $16,405,033.

Sprout Social Price Performance

Shares of SPT opened at $12.05 on Wednesday. The firm has a market cap of $730.13 million, a PE ratio of -24.10 and a beta of 1.01. Sprout Social has a 52-week low of $4.92 and a 52-week high of $13.35. The business’s 50 day moving average price is $11.01 and its two-hundred day moving average price is $8.26. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.03 and a current ratio of 1.03.

Sprout Social (NASDAQ:SPT) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.10. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 8.80%. The company had revenue of $123.85 million during the quarter, compared to analyst estimates of $122.19 million. Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. On average, equities analysts anticipate that Sprout Social will post -0.02 EPS for the current year.

Sprout Social Company Profile

Sprout Social, Inc is a software company that provides a cloud-based social media management platform for businesses and organizations. Its platform helps customers manage social media publishing, engagement, customer care, analytics, listening and employee advocacy from a centralized environment.

The company’s products are designed to help marketing, communications, sales and customer service teams plan and publish content, monitor conversations, respond to audiences, evaluate social media performance and gain insights from online activity.