Sprout Social (NASDAQ:SPT) Releases FY 2026 Earnings Guidance

Sprout Social (NASDAQ:SPT) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.110-1.150 for the period, compared to the consensus EPS estimate of 0.680. The company issued revenue guidance of $493.0 million-$495.6 million, compared to the consensus revenue estimate of $494.4 million. Sprout Social also updated its Q3 2026 guidance to 0.290-0.300 EPS.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. KeyCorp upped their price objective on shares of Sprout Social from $6.00 to $7.00 and gave the company an “underweight” rating in a report on Friday. Finally, Barclays lifted their target price on shares of Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Sprout Social presently has a consensus rating of “Hold” and a consensus target price of $10.43.

Sprout Social Price Performance

Shares of NASDAQ:SPT traded up $2.12 on Friday, hitting $10.30. The company’s stock had a trading volume of 1,855,433 shares, compared to its average volume of 1,497,440. The company has a market capitalization of $619.43 million, a PE ratio of -15.60 and a beta of 0.97. 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 company has a 50-day simple moving average of $7.78 and a 200 day simple moving average of $7.09. Sprout Social has a 1 year low of $4.92 and a 1 year high of $16.03.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.10. The company had revenue of $123.85 million for the quarter, compared to analysts’ expectations of $122.19 million. Sprout Social had a negative net margin of 8.18% and a negative return on equity of 13.90%. 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. Sell-side analysts forecast that Sprout Social will post -0.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction on Friday, July 10th. The stock was sold at an average price of $8.28, for a total value of $331,200.00. Following the transaction, the insider owned 7,417 shares of the company’s stock, valued at $61,412.76. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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.

Key Stories Impacting Sprout Social

Here are the key news stories impacting Sprout Social this week:

• Positive Sentiment: Q2 adjusted earnings beat expectations. Sprout Social reported adjusted earnings of $0.26 per share, ahead of the $0.16 consensus estimate and up from $0.18 a year earlier. Revenue reached approximately $123.8 million, exceeding expectations of roughly $122.2 million and increasing 10.8% year over year. Sprout Social Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its earnings outlook substantially. Third-quarter adjusted EPS guidance of $0.29–$0.30 is well above the $0.18 analyst consensus. Full-year 2026 EPS guidance of $1.11–$1.15 also exceeds the prior consensus of $0.68. Revenue guidance was broadly in line with expectations, at $123.3 million–$124.1 million for Q3 and $493.0 million–$495.6 million for the full year. Sprout Social Earnings Results
• Positive Sentiment: Enterprise customer growth and cash generation were encouraging. Subscription revenue from customers contributing at least $30,000 in annual recurring revenue grew approximately 20% year over year. Operating cash flow was $8.5 million, and the company ended the quarter with $119.9 million in cash. Sprout Social Second-Quarter Financial Results
• Neutral Sentiment: Profitability details are mixed. Adjusted results were positive, but Sprout Social continued to report a GAAP net loss of approximately $3.1 million, or $0.05 per diluted share, alongside a $2.7 million operating loss. Investors will likely focus on whether the improved adjusted profitability can translate into sustained GAAP earnings.
• Negative Sentiment: Insider selling may temper sentiment. Quiver Quantitative reported eight insider sales and no purchases over the past six months, including sales by the executive chair and CFO. The data is third-party sourced and has not been independently verified. Sprout Social Q2 2026 Earnings and Insider Activity

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of SPT. Quadrant Capital Group LLC bought a new stake in shares of Sprout Social in the 4th quarter worth approximately $28,000. Summit Securities Group LLC lifted its stake in Sprout Social by 399.0% in the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after purchasing an additional 2,015 shares during the last quarter. Quarry LP boosted its position in Sprout Social by 264.2% during the third quarter. Quarry LP now owns 3,784 shares of the company’s stock valued at $49,000 after buying an additional 2,745 shares during the period. Kestra Advisory Services LLC bought a new position in shares of Sprout Social during the fourth quarter valued at about $54,000. Finally, Russell Investments Group Ltd. grew its stake in shares of Sprout Social by 39.1% during the fourth quarter. Russell Investments Group Ltd. now owns 6,235 shares of the company’s stock valued at $70,000 after buying an additional 1,752 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.