S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
15 A.I. Trading Opportunities a Day (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
15 A.I. Trading Opportunities a Day (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
15 A.I. Trading Opportunities a Day (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
15 A.I. Trading Opportunities a Day (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
15 A.I. Trading Opportunities a Day (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
15 A.I. Trading Opportunities a Day (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
15 A.I. Trading Opportunities a Day (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
PwC Australia sidelines 9 directors as leak of tax information investigated
15 A.I. Trading Opportunities a Day (Ad)
North Korea notifies neighboring Japan it plans to launch satellite in coming days
Drought-struck Barcelona quenches thirst with costly desalination
15 A.I. Trading Opportunities a Day (Ad)
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
NASDAQ:SPT

Sprout Social (SPT) Stock Forecast, Price & News

$43.56
+0.93 (+2.18%)
(As of 05/26/2023 08:47 PM ET)
Compare
Today's Range
$42.53
$44.29
50-Day Range
$38.54
$65.24
52-Week Range
$37.00
$74.07
Volume
516,900 shs
Average Volume
799,969 shs
Market Capitalization
$2.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$64.36

Sprout Social MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
47.8% Upside
$64.36 Price Target
Short Interest
Bearish
13.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.12mentions of Sprout Social in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$5.86 M Sold Last Quarter
Proj. Earnings Growth
Decreasing
From ($0.96) to ($1.07) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.99 out of 5 stars

Computer And Technology Sector

408th out of 623 stocks

Prepackaged Software Industry

133rd out of 217 stocks


SPT stock logo

About Sprout Social (NASDAQ:SPT) Stock

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. It provides cloud software that brings together social messaging, data, and workflows in a unified system of record, intelligence, and action. The company offers provides various integrated tools in a range of functions comprising social engagement/response, publishing, reporting and analytics, social listening and business intelligence, reputation management, employee advocacy, and automation and workflows. Its tools serve a range of use-cases within its customers' organizations, including social and community management, public relations, marketing, customer service and care, commerce, sales and customer acquisition, recruiting and hiring, product development, and business strategy. The company also offers professional services, which primarily consist of consulting and training services. It serves approximately more than 31,000 customers across small-and-medium-sized businesses, mid-market companies, enterprises, marketing agencies, government, non-profit, and educational institutions. The company was incorporated in 2010 and is headquartered in Chicago, Illinois.

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SPT Stock News Headlines

The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Sprout Social (NASDAQ:SPT) PT Lowered to $46.00
Q1 2023 Sprout Social Inc Earnings Call
See More Headlines
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SPT Company Calendar

Last Earnings
11/02/2021
Today
5/28/2023
Next Earnings (Estimated)
8/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:SPT
Fax
N/A
Employees
1,141
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$64.36
High Stock Price Forecast
$76.00
Low Stock Price Forecast
$46.00
Forecasted Upside/Downside
+47.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$-50,240,000.00
Pretax Margin
-18.54%

Debt

Sales & Book Value

Annual Sales
$253.83 million
Book Value
$2.61 per share

Miscellaneous

Free Float
48,789,000
Market Cap
$2.41 billion
Optionable
Optionable
Beta
0.89

Key Executives

  • Mr. Justyn Russell HowardMr. Justyn Russell Howard (Age 43)
    Co-Founder, Chairman & CEO
    Comp: $1.11M
  • Mr. Ryan Paul BarrettoMr. Ryan Paul Barretto (Age 43)
    Pres
    Comp: $822k
  • Mr. Aaron Edward-Frederick RankinMr. Aaron Edward-Frederick Rankin (Age 40)
    Co-Founder, CTO & Director
    Comp: $497.4k
  • Mr. Joseph M. Del Preto II (Age 48)
    CFO & Treasurer
    Comp: $610.84k
  • Ms. Jamie Cannon GilpinMs. Jamie Cannon Gilpin (Age 44)
    Chief Marketing Officer
    Comp: $431.38k
  • Mr. Gilbert Lara
    Co-Founder & Chief Creative Officer
  • Mr. Peter Soung
    Co-Founder and Director of Product & Engineering
  • Ms. Rachael Pfenning
    Sr. VP of Operations
  • Mr. Jason Rechel
    Head of Investor Relations
  • Ms. Heidi N. Jonas Esq.
    J.D., Gen. Counsel & Sec.













SPT Stock - Frequently Asked Questions

Should I buy or sell Sprout Social stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sprout Social in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SPT shares.
View SPT analyst ratings
or view top-rated stocks.

What is Sprout Social's stock price forecast for 2023?

9 Wall Street analysts have issued 1 year target prices for Sprout Social's shares. Their SPT share price forecasts range from $46.00 to $76.00. On average, they predict the company's share price to reach $64.36 in the next year. This suggests a possible upside of 47.8% 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 2023?

Sprout Social's stock was trading at $56.46 at the beginning of 2023. Since then, SPT shares have decreased by 22.8% and is now trading at $43.56.
View the best growth stocks for 2023 here
.

When is Sprout Social's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our SPT earnings forecast
.

How were Sprout Social's earnings last quarter?

Sprout Social, Inc. (NASDAQ:SPT) announced its quarterly earnings results on Tuesday, November, 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.13. The firm had revenue of $49.09 million for the quarter, compared to analyst estimates of $47.37 million. Sprout Social had a negative net margin of 18.68% and a negative trailing twelve-month return on equity of 35.74%. During the same quarter in the prior year, the firm posted ($0.13) earnings per share.

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

Sprout Social updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of -$0.02--$0.02 for the period, compared to the consensus EPS estimate of 0. The company issued revenue guidance of $78.60 million-$78.70 million, compared to the consensus revenue estimate of $79.90 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?

(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.

What is Sprout Social's stock symbol?

Sprout Social trades on the NASDAQ under the ticker symbol "SPT."

Who are Sprout Social's major shareholders?

Sprout Social's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.19%), Clearbridge Investments LLC (3.37%), Macquarie Group Ltd. (2.78%), Jennison Associates LLC (2.61%), Wasatch Advisors LP (2.32%) and FMR LLC (1.98%). Insiders that own company stock include Aaron Edward Frederick Rankin, Aaron Edward Frederick Rankin, Enterprise Associates 13 L New, Goldman Sachs Group Inc, Jamie Cannon Gilpin, Jason Kreuziger, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Sprout Social's stock price today?

One share of SPT stock can currently be purchased for approximately $43.56.

How much money does Sprout Social make?

Sprout Social (NASDAQ:SPT) has a market capitalization of $2.41 billion and generates $253.83 million in revenue each year. The company earns $-50,240,000.00 in net income (profit) each year or ($0.93) on an earnings per share basis.

How many employees does Sprout Social have?

The company employs 1,141 workers across the globe.

How can I contact Sprout Social?

The official website for the company is www.sproutsocial.com. The company can be reached via phone at 866-878-3231 or via email at 0.

This page (NASDAQ:SPT) was last updated on 5/29/2023 by MarketBeat.com Staff

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