KeyCorp Issues Pessimistic Forecast for Sprout Social (NASDAQ:SPT) Stock Price

Sprout Social (NASDAQ:SPTGet Free Report) had its target price decreased by research analysts at KeyCorp from $9.00 to $6.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “underweight” rating on the stock. KeyCorp’s price objective indicates a potential downside of 15.61% from the stock’s previous close.

A number of other research analysts have also weighed in on the stock. Needham & Company LLC cut their price target on shares of Sprout Social from $32.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday. Barclays decreased their price objective on shares of Sprout Social from $26.00 to $13.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Morgan Stanley reduced their price target on Sprout Social from $17.00 to $14.00 and set an “equal weight” rating for the company in a report on Thursday, November 13th. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group reduced their price objective on shares of Sprout Social from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Tuesday, February 3rd. Four research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $15.11.

Read Our Latest Stock Report on SPT

Sprout Social Stock Performance

NASDAQ SPT opened at $7.11 on Friday. Sprout Social has a 52-week low of $6.43 and a 52-week high of $29.01. The firm has a market capitalization of $420.84 million, a price-to-earnings ratio of -8.78 and a beta of 0.90. The company’s fifty day moving average is $9.22 and its two-hundred day moving average is $11.18. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.89 and a quick ratio of 0.89.

Sprout Social (NASDAQ:SPTGet Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. Sprout Social had a negative net margin of 10.59% and a negative return on equity of 18.93%. The firm had revenue of $120.89 million during the quarter, compared to analysts’ expectations of $118.68 million. Sprout Social has set its FY 2026 guidance at 0.880-0.970 EPS and its Q1 2026 guidance at 0.150-0.160 EPS. Equities research analysts forecast that Sprout Social will post -0.99 EPS for the current year.

Insider Activity at Sprout Social

In other news, CEO Ryan Paul Barretto acquired 93,984 shares of Sprout Social stock in a transaction dated Friday, January 9th. The shares were purchased at an average cost of $10.67 per share, for a total transaction of $1,002,809.28. Following the transaction, the chief executive officer owned 875,256 shares of the company’s stock, valued at $9,338,981.52. This trade represents a 12.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $10.70, for a total value of $428,000.00. Following the sale, the insider owned 7,417 shares of the company’s stock, valued at $79,361.90. This represents a 84.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 10.12% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Sprout Social

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPT. Vanguard Group Inc. lifted its holdings in Sprout Social by 4.2% in the fourth quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company’s stock valued at $76,894,000 after acquiring an additional 274,527 shares during the period. ArrowMark Colorado Holdings LLC increased its position in shares of Sprout Social by 9.8% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 4,723,921 shares of the company’s stock valued at $61,033,000 after purchasing an additional 421,189 shares during the last quarter. State Street Corp lifted its stake in shares of Sprout Social by 8.2% in the 4th quarter. State Street Corp now owns 1,546,142 shares of the company’s stock worth $17,425,000 after purchasing an additional 117,757 shares during the period. Topline Capital Management LLC purchased a new position in shares of Sprout Social in the third quarter worth approximately $17,555,000. Finally, Geode Capital Management LLC grew its position in shares of Sprout Social by 11.0% during the 4th quarter. Geode Capital Management LLC now owns 1,254,451 shares of the company’s stock valued at $14,141,000 after acquiring an additional 123,983 shares during the period.

Key Sprout Social News

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

About Sprout Social

(Get Free Report)

Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes. The company provides a cloud-based platform designed to help organizations improve their social media presence through a suite of tools for content scheduling, community engagement, social listening and analytics. Sprout Social’s platform is built to streamline the workflows of marketing, customer care and public relations teams by providing a centralized hub for managing multiple social channels.

The company’s product offerings include publishing and scheduling capabilities that allow users to plan and automate social content across networks such as Facebook, Instagram, Twitter, LinkedIn and Pinterest.

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Analyst Recommendations for Sprout Social (NASDAQ:SPT)

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