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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Laser breakthrough could send stock soaring 2,467% (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
"How war impacts the stock market" (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Wall Street inches higher toward edge of bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Laser breakthrough could send stock soaring 2,467% (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
"How war impacts the stock market" (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Wall Street inches higher toward edge of bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Laser breakthrough could send stock soaring 2,467% (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
This Company Is Solving A Multi-Billion Dollar Problem! (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
"How war impacts the stock market" (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Wall Street inches higher toward edge of bull market
NASDAQ:SPT

Sprout Social (SPT) Stock Forecast, Price & News

$47.61
+3.79 (+8.65%)
(As of 06/6/2023 ET)
Compare
Today's Range
$43.52
$48.21
50-Day Range
$38.54
$60.88
52-Week Range
$37.00
$74.07
Volume
1.58 million shs
Average Volume
806,621 shs
Market Capitalization
$2.64 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
35.2% Upside
$64.36 Price Target
Short Interest
Bearish
13.34% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.93mentions of Sprout Social in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$4.97 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.

1.92 out of 5 stars

Computer And Technology Sector

418th out of 607 stocks

Prepackaged Software Industry

128th out of 211 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

Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Sprout Social (NASDAQ: SPT)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Sprout Social (NASDAQ:SPT) PT Lowered to $46.00
See More Headlines

SPT Price History

SPT Company Calendar

Last Earnings
11/02/2021
Today
6/06/2023
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
+35.2%
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
$2.45 per share

Miscellaneous

Free Float
48,789,000
Market Cap
$2.64 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 analysts have issued "buy," "hold," and "sell" ratings for Sprout Social in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street 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 12 month price targets for Sprout Social's stock. Their SPT share price forecasts range from $46.00 to $76.00. On average, they predict the company's stock price to reach $64.36 in the next year. This suggests a possible upside of 35.2% 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 on January 1st, 2023. Since then, SPT stock has decreased by 15.7% and is now trading at $47.61.
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) posted its earnings results on Tuesday, November, 2nd. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.13. The company earned $49.09 million during the quarter, compared to analyst estimates of $47.37 million. Sprout Social had a negative trailing twelve-month return on equity of 35.74% and a negative net margin of 18.68%. During the same period last 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 EPS guidance of -$0.02--$0.02 for the period, compared to the consensus earnings per share 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 IPO on Friday, December 13th 2019. The company issued 8,800,000 shares at $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 a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.19%), Clearbridge Investments LLC (3.37%), Macquarie Group Ltd. (2.76%), 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 $47.61.

How much money does Sprout Social make?

Sprout Social (NASDAQ:SPT) has a market capitalization of $2.64 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 6/7/2023 by MarketBeat.com Staff

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