Sprout Social, Inc. (NASDAQ:SPT) Receives $10.43 Consensus Price Target from Analysts

Shares of Sprout Social, Inc. (NASDAQ:SPT) have received a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $10.4286.

A number of equities research analysts have commented on the company. Barclays lifted their target price on Sprout Social from $9.00 to $12.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded Sprout Social from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. KeyCorp raised their price objective on Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a research report on Friday, August 7th. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. Finally, Morgan Stanley upped their target price on shares of Sprout Social from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th.

Insider Activity

In other news, insider Justyn Howard sold 10,895 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $11.45, for a total value of $124,747.75. Following the transaction, the insider directly owned 239,840 shares in the company, valued at approximately $2,746,168. This represents a 4.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 51,612 shares of company stock valued at $464,157. 9.60% of the stock is currently owned by insiders.

Institutional Trading of Sprout Social

Several institutional investors have recently added to or reduced their stakes in SPT. Vanguard Group Inc. increased its stake in Sprout Social by 4.2% during the 4th quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company’s stock worth $76,894,000 after buying an additional 274,527 shares during the period. Pale Fire Capital SE acquired a new stake in Sprout Social during the 1st quarter worth approximately $1,960,000. Arrowstreet Capital Limited Partnership boosted its position in Sprout Social by 46.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 442,496 shares of the company’s stock valued at $2,522,000 after buying an additional 141,258 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new position in Sprout Social in the 4th quarter valued at approximately $2,564,000. Finally, Brighton Jones LLC grew its stake in shares of Sprout Social by 391.7% in the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock worth $1,105,000 after acquiring an additional 28,667 shares in the last quarter.

Sprout Social Stock Performance

Sprout Social stock opened at $10.61 on Tuesday. The firm has a 50 day simple moving average of $9.43 and a 200-day simple moving average of $7.48. Sprout Social has a 1-year low of $4.92 and a 1-year high of $14.90. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $642.86 million, a price-to-earnings ratio of -21.22 and a beta of 0.95.

Sprout Social (NASDAQ:SPT) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.26 EPS 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 firm had revenue of $123.85 million for 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, analysts expect that Sprout Social will post -0.02 EPS for the current year.

Sprout Social Company Profile

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.