Sprout Social, Inc. (NASDAQ:SPT) Receives $13.67 Consensus Price Target from Brokerages

Shares of Sprout Social, Inc. (NASDAQ:SPT) have been given a consensus recommendation of “Hold” by the eleven research firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $13.6667.

Several brokerages recently commented on SPT. Barclays reduced their target price on Sprout Social from $26.00 to $13.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. KeyCorp dropped their price target on shares of Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a research report on Friday, February 27th. Needham & Company LLC reduced their price objective 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, February 27th. Jefferies Financial Group decreased their price objective on shares of Sprout Social from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Finally, Wall Street Zen raised shares of Sprout Social from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th.

Sprout Social Stock Up 2.5%

Shares of NASDAQ:SPT opened at $5.79 on Tuesday. The firm has a market cap of $342.71 million, a P/E ratio of -7.82 and a beta of 0.94. Sprout Social has a 12-month low of $5.50 and a 12-month high of $25.81. The business has a fifty day simple moving average of $7.76 and a 200 day simple moving average of $10.29. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.20.

Sprout Social (NASDAQ:SPT) last released its quarterly earnings results on Thursday, February 26th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.04. Sprout Social had a negative return on equity of 16.10% and a negative net margin of 9.47%.The firm had revenue of $120.89 million for the quarter, compared to analyst estimates 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. Analysts predict that Sprout Social will post -0.99 earnings per share for the current year.

Insider Transactions at Sprout Social

In other news, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $5.96, for a total value of $238,400.00. Following the transaction, the insider directly owned 7,417 shares of the company’s stock, valued at $44,205.32. The trade was a 84.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Ryan Paul Barretto bought 93,984 shares of the business’s stock in a transaction that occurred on Friday, January 9th. The shares were acquired at an average price 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 in the company, valued at $9,338,981.52. This represents a 12.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have sold 103,855 shares of company stock valued at $827,660. Company insiders own 10.12% of the company’s stock.

Institutional Investors Weigh In On Sprout Social

Hedge funds have recently added to or reduced their stakes in the business. Diversified Trust Co boosted its holdings in shares of Sprout Social by 6.1% during the 3rd quarter. Diversified Trust Co now owns 17,982 shares of the company’s stock worth $232,000 after buying an additional 1,040 shares in the last quarter. Rhumbline Advisers grew its position in shares of Sprout Social by 1.6% during the 2nd quarter. Rhumbline Advisers now owns 78,240 shares of the company’s stock worth $1,636,000 after buying an additional 1,264 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Sprout Social by 2.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock valued at $1,168,000 after acquiring an additional 1,265 shares in the last quarter. Russell Investments Group Ltd. increased its stake in shares of Sprout Social by 39.1% in the 4th quarter. Russell Investments Group Ltd. now owns 6,235 shares of the company’s stock valued at $70,000 after acquiring an additional 1,752 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of Sprout Social by 55.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock valued at $115,000 after acquiring an additional 1,962 shares during the period.

Sprout Social Company Profile

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.