Sprout Social Stock Gets Increased EPS Forecast from KeyCorp

Sprout Social, Inc. (NASDAQ:SPT) – Analysts at KeyCorp increased their FY2026 earnings per share estimates for shares of Sprout Social in a note issued to investors on Tuesday, November 3rd. KeyCorp analyst J. Ader now forecasts that the company will post earnings of $0.32 per share for the year, up from their prior forecast of ($0.31). KeyCorp has an “Underweight” rating and a $10.00 price objective on the stock. The consensus estimate for Sprout Social’s current full-year earnings is $0.33 per share. KeyCorp also issued estimates for Sprout Social’s Q4 2026 earnings at $0.13 EPS and FY2027 earnings at $1.06 EPS.

Sprout Social (NASDAQ:SPT) last announced its quarterly earnings results on Tuesday, November 3rd. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.16. Sprout Social had a positive return on equity of 1.11% and a negative net margin of 5.42%. The firm had revenue of $125.15 million for the quarter, compared to analysts’ expectations of $123.83 million.

A number of other analysts have also weighed in on SPT. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a report on Thursday, October 15th. Barclays raised their price target on shares of Sprout Social from $12.00 to $14.00 and gave the company an “overweight” rating in a report on Thursday, November 5th. Morgan Stanley boosted their price target on shares of Sprout Social from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Zacks Research cut shares of Sprout Social from a “strong-buy” rating to a “hold” rating in a report on Monday, October 12th. Finally, Canaccord Genuity Group increased their price objective on Sprout Social from $10.00 to $13.50 and gave the stock a “hold” rating in a research report on Wednesday, November 4th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $12.17.

Sprout Social Price Performance

SPT stock opened at $11.14 on Wednesday. The firm has a 50 day moving average of $11.08 and a 200-day moving average of $8.32. The firm has a market capitalization of $674.97 million, a P/E ratio of -24.76, a price-to-earnings-growth ratio of 1.14 and a beta of 0.95. Sprout Social has a 12 month low of $4.92 and a 12 month high of $13.35. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.16.

Insider Activity at Sprout Social

In other news, insider Justyn Howard sold 40,000 shares of the business’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $11.02, for a total transaction of $440,800.00. Following the completion of the transaction, the insider owned 7,417 shares of the company’s stock, valued at approximately $81,735.34. The trade was a 84.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 51,612 shares of company stock worth $573,757 over the last ninety days. 9.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sprout Social

Several hedge funds have recently bought and sold shares of the stock. Royce & Associates LP purchased a new stake in shares of Sprout Social during the 3rd quarter valued at $129,000. Russell Investments Group Ltd. grew its position in Sprout Social by 57.7% in the third quarter. Russell Investments Group Ltd. now owns 47,432 shares of the company’s stock worth $463,000 after acquiring an additional 17,355 shares in the last quarter. Parallel Advisors LLC grew its position in Sprout Social by 341.9% in the third quarter. Parallel Advisors LLC now owns 4,406 shares of the company’s stock worth $43,000 after acquiring an additional 3,409 shares in the last quarter. CenterBook Partners LP purchased a new position in Sprout Social in the third quarter worth $207,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Sprout Social in the third quarter valued at $59,000.

Sprout Social Company Profile

Sprout Social, Inc. provides cloud-based software that helps organizations manage their social media presence. Its platform supports activities such as publishing and scheduling content, engaging with audiences, monitoring social conversations, and analyzing social media performance. The company’s tools also include social listening, customer care, and employee advocacy capabilities. Sprout Social serves businesses and agencies across a range of industries, helping teams coordinate social media work and gather insights from interactions across social networks.