Sprout Social (NASDAQ:SPT - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.710-0.750 for the period, compared to the consensus EPS estimate of 0.732. The company issued revenue guidance of $452.9 million-$455.9 million, compared to the consensus revenue estimate of $451.5 million. Sprout Social also updated its Q3 2025 guidance to 0.150-0.160 EPS.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Sprout Social from $24.00 to $21.00 and set a "neutral" rating for the company in a report on Thursday. Oppenheimer reduced their target price on Sprout Social from $32.00 to $23.00 and set an "outperform" rating for the company in a report on Thursday. Cantor Fitzgerald restated a "neutral" rating and issued a $24.00 price objective on shares of Sprout Social in a research note on Tuesday, June 3rd. Needham & Company LLC restated a "buy" rating and set a $32.00 price objective on shares of Sprout Social in a research report on Wednesday, May 28th. Finally, Barclays decreased their target price on shares of Sprout Social from $34.00 to $26.00 and set an "overweight" rating on the stock in a research report on Monday, April 21st. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $28.25.
Check Out Our Latest Analysis on Sprout Social
Sprout Social Trading Down 3.7%
Sprout Social stock traded down $0.60 during trading hours on Thursday, reaching $15.46. The company had a trading volume of 885,434 shares, compared to its average volume of 681,080. The company has a 50-day moving average price of $19.95 and a 200 day moving average price of $23.39. Sprout Social has a 12-month low of $14.59 and a 12-month high of $36.30. The firm has a market cap of $899.46 million, a price-to-earnings ratio of -14.82 and a beta of 0.99. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.97 and a quick ratio of 0.97.
Sprout Social (NASDAQ:SPT - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.18 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.03. The company had revenue of $111.78 million during the quarter, compared to analysts' expectations of $110.93 million. Sprout Social had a negative return on equity of 31.03% and a negative net margin of 14.25%. Sprout Social's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 earnings per share. Equities analysts forecast that Sprout Social will post -0.99 earnings per share for the current year.
Insider Activity
In other Sprout Social news, CEO Ryan Paul Barretto sold 16,800 shares of the firm's stock in a transaction on Tuesday, July 8th. The stock was sold at an average price of $21.16, for a total transaction of $355,488.00. Following the completion of the transaction, the chief executive officer owned 119,775 shares of the company's stock, valued at approximately $2,534,439. This trade represents a 12.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $21.12, for a total value of $844,800.00. Following the completion of the sale, the insider owned 7,417 shares of the company's stock, valued at approximately $156,647.04. This represents a 84.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 112,375 shares of company stock worth $2,389,535 in the last quarter. Corporate insiders own 10.12% of the company's stock.
Institutional Investors Weigh In On Sprout Social
Large investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its holdings in Sprout Social by 391.7% during the 4th quarter. Brighton Jones LLC now owns 35,985 shares of the company's stock worth $1,105,000 after buying an additional 28,667 shares during the period. Goldman Sachs Group Inc. grew its position in Sprout Social by 23.0% in the first quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company's stock valued at $7,163,000 after acquiring an additional 60,947 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Sprout Social by 2.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company's stock worth $1,168,000 after acquiring an additional 1,265 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Sprout Social during the first quarter valued at $365,000. Finally, Empowered Funds LLC acquired a new stake in shares of Sprout Social in the 1st quarter valued at $325,000.
About Sprout Social
(
Get Free Report)
Sprout Social, Inc designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.
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