Sprout Social (NASDAQ:SPT) Issues Q3 2026 Earnings Guidance

Sprout Social (NASDAQ:SPT) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.290-0.300 for the period, compared to the consensus earnings per share estimate of 0.180. The company issued revenue guidance of $123.3 million-$124.1 million, compared to the consensus revenue estimate of $123.7 million. Sprout Social also updated its FY 2026 guidance to 1.110-1.150 EPS.

Sprout Social Stock Performance

Shares of SPT stock traded up $2.12 on Friday, reaching $10.30. The stock had a trading volume of 1,855,433 shares, compared to its average volume of 1,497,440. The stock has a market cap of $619.43 million, a P/E ratio of -15.60 and a beta of 0.97. Sprout Social has a 1 year low of $4.92 and a 1 year high of $16.03. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.95 and a current ratio of 0.95. The company has a 50 day simple moving average of $7.78 and a 200 day simple moving average of $7.09.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.The company had revenue of $123.85 million during the quarter, compared to analysts’ expectations of $122.19 million. Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. Equities research analysts expect that Sprout Social will post -0.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SPT. KeyCorp raised their price objective on shares of Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a report on Friday. Barclays lifted their price target on shares of Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $10.43.

Insider Activity at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $8.28, for a total transaction of $331,200.00. Following the sale, the insider owned 7,417 shares of the company’s stock, valued at approximately $61,412.76. This trade represents a 84.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by insiders.

More Sprout Social News

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

• Positive Sentiment: Q2 adjusted earnings beat expectations. Sprout Social reported adjusted earnings of $0.26 per share, ahead of the $0.16 consensus estimate and up from $0.18 a year earlier. Revenue reached approximately $123.8 million, exceeding expectations of roughly $122.2 million and increasing 10.8% year over year. Sprout Social Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its earnings outlook substantially. Third-quarter adjusted EPS guidance of $0.29–$0.30 is well above the $0.18 analyst consensus. Full-year 2026 EPS guidance of $1.11–$1.15 also exceeds the prior consensus of $0.68. Revenue guidance was broadly in line with expectations, at $123.3 million–$124.1 million for Q3 and $493.0 million–$495.6 million for the full year. Sprout Social Earnings Results
• Positive Sentiment: Enterprise customer growth and cash generation were encouraging. Subscription revenue from customers contributing at least $30,000 in annual recurring revenue grew approximately 20% year over year. Operating cash flow was $8.5 million, and the company ended the quarter with $119.9 million in cash. Sprout Social Second-Quarter Financial Results
• Neutral Sentiment: Profitability details are mixed. Adjusted results were positive, but Sprout Social continued to report a GAAP net loss of approximately $3.1 million, or $0.05 per diluted share, alongside a $2.7 million operating loss. Investors will likely focus on whether the improved adjusted profitability can translate into sustained GAAP earnings.
• Negative Sentiment: Insider selling may temper sentiment. Quiver Quantitative reported eight insider sales and no purchases over the past six months, including sales by the executive chair and CFO. The data is third-party sourced and has not been independently verified. Sprout Social Q2 2026 Earnings and Insider Activity

Hedge Funds Weigh In On Sprout Social

Several institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Sprout Social by 2.4% during the first 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. lifted 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 purchasing an additional 1,752 shares during the period. Tower Research Capital LLC TRC boosted its holdings in Sprout Social by 55.5% during the second quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock worth $115,000 after buying an additional 1,962 shares in the last quarter. Summit Securities Group LLC grew its position in Sprout Social by 399.0% during the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock valued at $28,000 after buying an additional 2,015 shares during the period. Finally, Headlands Technologies LLC grew its holdings in Sprout Social by 13.0% in the second quarter. Headlands Technologies LLC now owns 18,573 shares of the company’s stock valued at $388,000 after purchasing an additional 2,131 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.