Sprout Social, Inc. (NASDAQ:SPT) Given Average Rating of "Hold" by Brokerages

Key Points

• Analysts maintain a “Hold” consensus on Sprout Social, with two sell, three hold, three buy and one strong-buy ratings. The average 12-month price target is $10.43, while recent targets range from $7 to $12.
• Sprout Social shares opened at $9.97 after rising 4.4%. In its latest quarter, the company reported EPS of $0.26, beating the $0.16 consensus, and revenue of $123.85 million versus estimates of $122.19 million.
• An insider sold 40,000 shares for approximately $331,200 under a pre-arranged Rule 10b5-1 plan, reducing their direct ownership by 84.36%; insiders collectively own 9.6% of the company.

Sprout Social, Inc. (NASDAQ:SPT - Get Free Report) has received a consensus recommendation of "Hold" from the nine brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have covered the stock in the last year is $10.4286.

Several analysts recently issued reports on SPT shares. Weiss Ratings reiterated a "sell (e+)" rating on shares of Sprout Social in a research report on Friday, July 17th. Morgan Stanley boosted their price target on Sprout Social from $10.00 to $11.00 and gave the stock an "equal weight" rating in a report on Thursday. Barclays upped their price target on Sprout Social from $9.00 to $12.00 and gave the stock an "overweight" rating in a research note on Tuesday. KeyCorp increased 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, August 7th. Finally, Zacks Research upgraded shares of Sprout Social from a "hold" rating to a "strong-buy" rating in a research report on Monday.

Sprout Social Stock Up 4.4%

SPT opened at $9.97 on Friday. The stock has a market cap of $599.30 million, a price-to-earnings ratio of -19.94 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.95 and a current ratio of 0.95. The firm's fifty day moving average is $8.01 and its 200 day moving average is $7.10. Sprout Social has a fifty-two week low of $4.92 and a fifty-two week high of $16.03.

Sprout Social (NASDAQ:SPT - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.10. The business had revenue of $123.85 million during the quarter, compared to analyst estimates of $122.19 million. Sprout Social had a negative return on equity of 9.06% and a negative net margin of 6.13%.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, sell-side analysts forecast that Sprout Social will post -0.27 earnings per share for the current fiscal year.

Insider Buying and Selling at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the firm's stock in a transaction on Friday, July 10th. The shares were sold at an average price of $8.28, for a total transaction of $331,200.00. Following the completion of the transaction, the insider directly owned 7,417 shares of the company's stock, valued at approximately $61,412.76. This trade represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 9.60% of the company's stock.

Institutional Trading of Sprout Social

Several hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of Sprout Social by 391.7% during the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company's stock valued at $1,105,000 after purchasing an additional 28,667 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Sprout Social in the first quarter worth about $365,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sprout Social by 2.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company's stock worth $1,168,000 after buying an additional 1,265 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Sprout Social by 23.0% during the first quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company's stock valued at $7,163,000 after buying an additional 60,947 shares during the last quarter. Finally, Empowered Funds LLC bought a new position in Sprout Social during the first quarter valued at approximately $325,000.

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.

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