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

Shares of Sprout Social, Inc. (NASDAQ:SPT) have received a consensus rating of “Hold” from the ten brokerages that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $11.8750.

A number of equities research analysts have recently issued reports on SPT shares. The Goldman Sachs Group cut their price objective on shares of Sprout Social from $13.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Barclays boosted their price objective on shares of Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Wall Street Zen raised shares of Sprout Social from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a research report on Tuesday, April 21st.

Sprout Social Price Performance

Shares of SPT opened at $7.66 on Thursday. The company has a market capitalization of $460.41 million, a P/E ratio of -11.61 and a beta of 1.02. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15. The firm has a 50 day moving average of $6.71 and a 200 day moving average of $7.59. Sprout Social has a twelve month low of $4.92 and a twelve month high of $21.63.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Thursday, May 7th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.07. Sprout Social had a negative net margin of 8.18% and a negative return on equity of 13.90%. The business had revenue of $121.50 million during the quarter, compared to the consensus estimate 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. As a group, equities research analysts anticipate that Sprout Social will post -0.31 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction on Friday, April 10th. The shares were sold at an average price of $5.03, for a total transaction of $201,200.00. Following the transaction, the insider owned 7,417 shares in the company, valued at approximately $37,307.51. The trade was a 84.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sprout Social by 2.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock valued at $1,168,000 after purchasing an additional 1,265 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Sprout Social by 39.1% during the 4th quarter. Russell Investments Group Ltd. now owns 6,235 shares of the company’s stock valued at $70,000 after purchasing an additional 1,752 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Sprout Social by 55.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock valued at $115,000 after purchasing an additional 1,962 shares during the last quarter. Summit Securities Group LLC grew its holdings in Sprout Social by 399.0% during the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock valued at $28,000 after purchasing an additional 2,015 shares during the last quarter. Finally, Headlands Technologies LLC grew its stake in Sprout Social by 13.0% in the 2nd quarter. Headlands Technologies LLC now owns 18,573 shares of the company’s stock worth $388,000 after acquiring an additional 2,131 shares in 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.