Cantor Fitzgerald Forecasts Strong Price Appreciation for Sprout Social (NASDAQ:SPT) Stock

Sprout Social (NASDAQ:SPT) had its price target increased by research analysts at Cantor Fitzgerald from $8.00 to $13.00 in a report issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Cantor Fitzgerald‘s price target would suggest a potential upside of 8.97% from the company’s current price.

A number of other equities analysts also recently commented on the stock. KeyCorp boosted their price objective on shares of Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Friday, August 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a report on Thursday, October 15th. Stifel Nicolaus upped their price objective on Sprout Social from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Wednesday, October 14th. Needham & Company LLC reaffirmed a “buy” rating on shares of Sprout Social in a research report on Wednesday. Finally, Morgan Stanley lifted their target price on Sprout Social from $10.00 to $11.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $11.11.

Sprout Social Stock Down 1.3%

Shares of Sprout Social stock opened at $11.93 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $722.84 million, a price-to-earnings ratio of -23.86 and a beta of 0.95. The firm’s 50-day moving average is $11.09 and its two-hundred day moving average is $8.28. Sprout Social has a 1 year low of $4.92 and a 1 year high of $13.35.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings results on Tuesday, November 3rd. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.29 by $0.16. Sprout Social had a negative net margin of 6.13% and a negative return on equity of 8.80%. The business had revenue of $125.15 million during the quarter, compared to analyst estimates of $123.83 million. As a group, research analysts expect that Sprout Social will post -0.02 earnings per share for the current fiscal year.

Insider Transactions at Sprout Social

In other news, insider Justyn Howard sold 40,000 shares of the company’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $11.02, for a total transaction of $440,800.00. Following the transaction, the insider directly owned 7,417 shares of the company’s stock, valued at approximately $81,735.34. This represents a 84.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 51,612 shares of company stock valued at $573,757 over the last 90 days. 9.60% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Haveli Investment Management LLC purchased a new position in shares of Sprout Social in the second quarter worth $16,405,033. Renaissance Technologies LLC lifted its stake in shares of Sprout Social by 79.4% during the first quarter. Renaissance Technologies LLC now owns 727,762 shares of the company’s stock worth $4,148,000 after buying an additional 322,200 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in shares of Sprout Social by 46.9% during the first quarter. Arrowstreet Capital Limited Partnership now owns 442,496 shares of the company’s stock valued at $2,522,000 after buying an additional 141,258 shares during the last quarter. Pale Fire Capital SE purchased a new stake in shares of Sprout Social during the first quarter valued at $1,960,000. Finally, Pacer Advisors Inc. acquired a new position in shares of Sprout Social in the 1st quarter valued at $1,500,000.

Trending Headlines about Sprout Social

Here are the key news stories impacting Sprout Social this week:

• Positive Sentiment: Q3 adjusted earnings were $0.45 per share, above analyst expectations of about $0.29–$0.30 and up from $0.23 a year earlier. Revenue of $125.15 million also topped the $123.83 million consensus. Sprout Social additionally reported record non-GAAP operating income of $26.3 million, a 21% margin. Sprout Social Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Despite the quarterly beat, the company’s revenue outlook for the next quarter was described as slightly below analyst expectations. That softer forward signal could temper the positive impact of the results. Sprout Social’s Q3 2026 Results and Guidance
• Negative Sentiment: A shareholder-law firm said it is investigating potential fiduciary-duty claims after a federal court declined to dismiss a securities-fraud class action against the company. The ongoing litigation adds legal and reputational uncertainty, though the alert itself is not a finding of wrongdoing. Shareholder Alert Regarding Sprout Social

About Sprout Social

Sprout Social, Inc is a software company that provides a cloud-based social media management platform for businesses and organizations. Its platform helps customers manage social media publishing, engagement, customer care, analytics, listening and employee advocacy from a centralized environment.

The company’s products are designed to help marketing, communications, sales and customer service teams plan and publish content, monitor conversations, respond to audiences, evaluate social media performance and gain insights from online activity.