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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Wall Street drifts to a mixed finish as yields tick higher
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
These are the Top 4 Stocks for Buybacks in 2024
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Sprout Social (SPT) Stock Price, News & Analysis

$52.74
+0.58 (+1.11%)
(As of 04/18/2024 ET)
Today's Range
$51.83
$54.40
50-Day Range
$52.16
$65.99
52-Week Range
$37.00
$68.41
Volume
814,687 shs
Average Volume
592,404 shs
Market Capitalization
$2.97 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$72.31

Sprout Social MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
37.7% Upside
$72.57 Price Target
Short Interest
Bearish
15.59% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.35mentions of Sprout Social in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$8.17 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.17) to ($1.11) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.00 out of 5 stars

Computer And Technology Sector

424th out of 586 stocks

Prepackaged Software Industry

149th out of 194 stocks

SPT stock logo

About Sprout Social Stock (NASDAQ:SPT)

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. It offers integrated tools, such as social engagement/response; publishing; reporting and analytics; social listening and business intelligence; reputation management; social commerce; employee advocacy; and automation and workflows. In addition, the company provides smart inbox, social customer relationship management, social monitoring and alerts, customer service tools, and automation; and centralized content planning, creation, and publishing, automated scheduling, content performance reporting, suggested content, message approval workflows, publishing permissions and governance, and content and asset libraries. Further, it offers social media; content performance, customer service and team, custom report builder, and reporting API; and market research, brand health, competitive insights, consumer trends, and product feedback; and social commerce, reputation management, employee advocacy, mobile applications, and chat bot creation and management. Additionally, the company offers professional services consisting of consulting and training services. It serves social and community management; public relations; marketing; influencer marketing; customer service and care; commerce, sales and customer acquisition; recruiting and hiring, product development, and business strategy; and small-and-medium-sized businesses, mid-market companies, enterprises, marketing agencies, government, non-profit, and educational institutions. Sprout Social, Inc. was incorporated in 2010 and is headquartered in Chicago, Illinois.

SPT Stock Price History

SPT Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Buy Rating Affirmed Amid Leadership Transition at Sprout Social
Expert Ratings For Sprout Social
Sprout Social Taps Ryan Barretto as Next CEO
Sprout Social Announces CEO Succession Plan
Sprout Social, Inc. (SPT)
The Analyst Verdict: Sprout Social In The Eyes Of 13 Experts
Sprout Social: Beware Slowing Growth (Rating Downgrade)
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/18/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:SPT
Fax
N/A
Employees
1,383
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$72.57
High Stock Price Target
$83.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+37.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
12 Analysts

Profitability

Net Income
$-66,430,000.00
Pretax Margin
-19.72%

Debt

Sales & Book Value

Annual Sales
$333.64 million
Book Value
$2.56 per share

Miscellaneous

Free Float
49,539,000
Market Cap
$2.97 billion
Optionable
Optionable
Beta
1.05
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SPT Stock Analysis - Frequently Asked Questions

Should I buy or sell Sprout Social stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sprout Social in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPT shares.
View SPT analyst ratings
or view top-rated stocks.

What is Sprout Social's stock price target for 2024?

12 Wall Street analysts have issued 12-month price targets for Sprout Social's shares. Their SPT share price targets range from $60.00 to $83.00. On average, they expect the company's stock price to reach $72.57 in the next twelve months. This suggests a possible upside of 37.7% from the stock's current price.
View analysts price targets for SPT
or view top-rated stocks among Wall Street analysts.

How have SPT shares performed in 2024?

Sprout Social's stock was trading at $61.44 at the start of the year. Since then, SPT shares have decreased by 14.2% and is now trading at $52.69.
View the best growth stocks for 2024 here
.

When is Sprout Social's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our SPT earnings forecast
.

How can I listen to Sprout Social's earnings call?

Sprout Social will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Sprout Social's earnings last quarter?

Sprout Social, Inc. (NASDAQ:SPT) posted its earnings results on Tuesday, February, 20th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.02. The company earned $93.58 million during the quarter, compared to analyst estimates of $90.76 million. Sprout Social had a negative trailing twelve-month return on equity of 41.25% and a negative net margin of 19.91%.

What guidance has Sprout Social issued on next quarter's earnings?

Sprout Social updated its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of 0.000-0.010 for the period, compared to the consensus earnings per share estimate of 0.030. The company issued revenue guidance of $97.2 million-$97.3 million, compared to the consensus revenue estimate of $97.0 million.

What is Justyn Howard's approval rating as Sprout Social's CEO?

239 employees have rated Sprout Social Chief Executive Officer Justyn Howard on Glassdoor.com. Justyn Howard has an approval rating of 99% among the company's employees. This puts Justyn Howard in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

When did Sprout Social IPO?

Sprout Social (SPT) raised $150 million in an initial public offering on Friday, December 13th 2019. The company issued 8,800,000 shares at a price of $16.00-$18.00 per share. Goldman Sachs and Morgan Stanley acted as the underwriters for the IPO and KeyBanc Capital Markets, William Blair, Canaccord Genuity and Stifel were co-managers.

Who are Sprout Social's major shareholders?

Sprout Social's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Moody National Bank Trust Division (0.13%), WoodTrust Financial Corp (0.04%), Los Angeles Capital Management LLC (0.03%), Diversified Trust Co (0.03%), CFM Wealth Partners LLC (0.02%) and Park Avenue Securities LLC (0.01%). Insiders that own company stock include Aaron Edward Frederick Rankin, Aaron Edward Frederick Rankin, Jamie Cannon Gilpin, Justyn Russell Howard, Karen Walker, Preto Joseph Del, Ryan Paul Barretto, Steven A Collins, Steven A Collins and William Thomas Stanley.
View institutional ownership trends
.

How do I buy shares of Sprout Social?

Shares of SPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SPT) was last updated on 4/18/2024 by MarketBeat.com Staff

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