Sprout Social (SPT) Stock Price, News & Analysis

$51.13
-1.35 (-2.57%)
(As of 10:40 AM ET)
Today's Range
$50.11
$52.07
50-Day Range
$50.98
$64.91
52-Week Range
$37.00
$68.41
Volume
67,690 shs
Average Volume
586,055 shs
Market Capitalization
$2.88 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$72.57

Sprout Social MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
42.7% Upside
$72.57 Price Target
Short Interest
Bearish
15.59% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Sprout Social in the last 14 days
Based on 10 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.

2.12 out of 5 stars

Computer And Technology Sector

399th out of 586 stocks

Prepackaged Software Industry

138th out of 195 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

Wall Street Legend Issues New NVDA Warning
Legendary Stockpicker: "Buy this A.I. stock NOW" His award-winning system pinpointed NVDA and META before both stocks doubled. Now it's flashing "BUY" on this under-the-radar A.I. stock.
Sprout Social (SPT) to Release Earnings on Thursday
Wall Street Legend Issues New NVDA Warning
Legendary Stockpicker: "Buy this A.I. stock NOW" His award-winning system pinpointed NVDA and META before both stocks doubled. Now it's flashing "BUY" on this under-the-radar A.I. stock.
Sprout Social (NASDAQ:SPT) Coverage Initiated at Oppenheimer
Sprout Social (NASDAQ:SPT) Price Target Cut to $65.00
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)
See More Headlines
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Company Calendar

Last Earnings
2/20/2024
Today
4/24/2024
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
+38.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
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
50,079,000
Market Cap
$2.95 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 research 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 research 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 brokerages have issued 1-year price targets for Sprout Social's stock. Their SPT share price targets range from $60.00 to $83.00. On average, they anticipate the company's share price to reach $72.57 in the next twelve months. This suggests a possible upside of 42.7% 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 beginning of the year. Since then, SPT stock has decreased by 17.2% and is now trading at $50.85.
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) released its earnings results on Tuesday, February, 20th. The company reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of ($0.30) by $0.02. The firm earned $93.58 million during the quarter, compared to the consensus estimate 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 issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of 0.000-0.010 for the period, compared to the consensus 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 (IPO) 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 many different retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (3.14%), Allspring Global Investments Holdings LLC (0.59%), Moody National Bank Trust Division (0.13%), WoodTrust Financial Corp (0.04%), Los Angeles Capital Management LLC (0.03%) and Diversified Trust Co (0.03%). 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 4/25/2024 by MarketBeat.com Staff

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