NASDAQ:SHSPSharpSpring Stock Price, Forecast & News

SharpSpring's stock was trading at $9.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHSP shares have decreased by 5.4% and is now trading at $9.12. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SharpSpring in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SharpSpring.

SharpSpring is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for SharpSpring.

SharpSpring Inc (NASDAQ:SHSP) announced its quarterly earnings data on Thursday, May, 14th. The technology company reported ($0.07) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.14) by $0.07. The technology company had revenue of $7.05 million for the quarter, compared to analysts' expectations of $6.78 million. SharpSpring had a negative net margin of 42.91% and a negative return on equity of 30.16%. View SharpSpring's earnings history.

SharpSpring issued an update on its FY 2020 Pre-Market earnings guidance on Wednesday, April, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $30-31 million, compared to the consensus revenue estimate of $29.78 million.

5 brokerages have issued 1 year price targets for SharpSpring's shares. Their forecasts range from $10.00 to $19.00. On average, they expect SharpSpring's stock price to reach $14.50 in the next year. This suggests a possible upside of 59.0% from the stock's current price. View analysts' price targets for SharpSpring.

Media stories about SHSP stock have trended extremely negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SharpSpring earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutSharpSpring.

SharpSpring saw a decline in short interest in April. As of April 30th, there was short interest totaling 574,000 shares, a decline of 13.9% from the April 15th total of 666,900 shares. Based on an average daily volume of 77,000 shares, the days-to-cover ratio is currently 7.5 days. Currently, 6.1% of the shares of the stock are short sold. View SharpSpring's Current Options Chain.

Some companies that are related to SharpSpring include Cheetah Mobile (CMCM), ChannelAdvisor (ECOM), Rand Worldwide (RWWI), Avid Technology (AVID), eGain (EGAN), Iclick Interactive Asia Group (ICLK), Shotspotter (SSTI), Xunlei (XNET), Red Violet (RDVT), MiX Telematics (MIXT), Smith Micro Software (SMSI), Kura Sushi USA (WIMI), DIRTT Environmental (DRTT), MTBC (MTBC) and Inspired Entertainment (INSE). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other SharpSpring investors own include WPX Energy (WPX), Micron Technology (MU), Meet Group (MEET), InVitae (NVTA), Enterprise Products Partners (EPD), Inovio Pharmaceuticals (INO), Walt Disney (DIS), Spero Therapeutics (SPRO), Carnival (CCL) and ConocoPhillips (COP).

SharpSpring trades on the NASDAQ under the ticker symbol "SHSP."

SharpSpring's stock is owned by a variety of retail and institutional investors. Top institutional investors include Greenhaven Road Investment Management L.P. (9.39%), BlackRock Inc. (5.94%), Wasatch Advisors Inc. (3.40%), Centaurus Financial Inc. (2.60%), Granahan Investment Management Inc. MA (1.75%) and State Street Corp (1.49%). Company insiders that own SharpSpring stock include Cat Rock Capital Management Lp, Daniel Allen, David A Buckel, Edward Seymour Lawton, North Peak Capital Management,, Richard Alan Carlson and Travis Whitton. View institutional ownership trends for SharpSpring.

SHSP stock was sold by a variety of institutional investors in the last quarter, including Greenhaven Road Investment Management L.P., Wasatch Advisors Inc., Centaurus Financial Inc., and UBS Group AG. Company insiders that have sold SharpSpring company stock in the last year include Cat Rock Capital Management Lp, Daniel Allen, North Peak Capital Management,, Richard Alan Carlson, and Travis Whitton. View insider buying and selling activity for SharpSpring.

SHSP stock was acquired by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA, O Brien Greene & Co. Inc, Geode Capital Management LLC, Oppenheimer & Co. Inc., Alliancebernstein L.P., Wells Fargo & Company MN, BlackRock Inc., and Steward Partners Investment Advisory LLC. Company insiders that have bought SharpSpring stock in the last two years include Cat Rock Capital Management Lp, and David A Buckel. View insider buying and selling activity for SharpSpring.

Shares of SHSP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SHSP stock can currently be purchased for approximately $9.12.

SharpSpring has a market capitalization of $105.15 million and generates $22.70 million in revenue each year. The technology company earns $-12,390,000.00 in net income (profit) each year or ($1.20) on an earnings per share basis. SharpSpring employs 231 workers across the globe.

The official website for SharpSpring is www.sharpspring.com.

SharpSpring's mailing address is 5001 CELEBRATION POINTE AVENUE SUITE 410, GAINESVILLE FL, 32608. The technology company can be reached via phone at 888-428-9605 or via email at [email protected]