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. Since then, SHSP stock has decreased by 5.5% and is now trading at $9.11. 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) released its quarterly earnings data on Thursday, May, 14th. The technology company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.07. The technology company had revenue of $7.05 million for the quarter, compared to the consensus estimate 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 (EPS) 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 equities research analysts have issued 12 month price objectives for SharpSpring's stock. Their forecasts range from $10.00 to $19.00. On average, they expect SharpSpring's stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 59.2% from the stock's current price. View analysts' price targets for SharpSpring.

News coverage about SHSP stock has trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SharpSpring earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about SharpSpring.

SharpSpring saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 673,200 shares, an increase of 11.6% from the June 15th total of 603,300 shares. Based on an average trading volume of 90,900 shares, the days-to-cover ratio is presently 7.4 days. Approximately 7.4% of the company's shares are sold short. View SharpSpring's Current Options Chain.

Some companies that are related to SharpSpring include Rosetta Stone (RST), Grid Dynamics (GDYN), Rand Worldwide (RWWI), Benefitfocus (BNFT), eGain (EGAN), Avid Technology (AVID), Iclick Interactive Asia Group (ICLK), Shotspotter (SSTI), Cheetah Mobile (CMCM), Xunlei (XNET), Red Violet (RDVT), Kura Sushi USA (WIMI), MiX Telematics (MIXT), Smith Micro Software (SMSI) and MTBC (MTBC). 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."

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 $9.11.

SharpSpring has a market capitalization of $105.04 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]