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

Sprout Social (NASDAQ:SPT) had its target price increased by stock analysts at Barclays from $12.00 to $14.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 28.44% from the company’s current price.

A number of other equities research analysts have also recently commented on SPT. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a report on Thursday, October 15th. Needham & Company LLC restated a “buy” rating and issued a $14.00 price objective on shares of Sprout Social in a report on Wednesday. Canaccord Genuity Group increased their target price on Sprout Social from $10.00 to $13.50 and gave the company a “hold” rating in a research note on Wednesday. Morgan Stanley boosted their price target on Sprout Social from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Finally, Wall Street Zen raised Sprout Social from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sprout Social presently has a consensus rating of “Hold” and an average target price of $12.17.

Sprout Social Stock Up 1.1%

Sprout Social stock traded up $0.12 during mid-day trading on Thursday, reaching $10.90. The stock had a trading volume of 575,168 shares, compared to its average volume of 1,381,089. The company has a market capitalization of $660.43 million, a price-to-earnings ratio of -24.18 and a beta of 0.95. The company has a 50-day moving average price of $11.09 and a two-hundred day moving average price of $8.29. Sprout Social has a one year low of $4.92 and a one year high of $13.35. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03.

Sprout Social (NASDAQ:SPT) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.16. The business had revenue of $125.15 million during the quarter, compared to analyst estimates of $123.83 million. Sprout Social had a negative net margin of 5.42% and a positive return on equity of 1.09%. On average, analysts expect that Sprout Social will post -0.02 EPS for the current fiscal year.

Insider Transactions at Sprout Social

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

Hedge Funds Weigh In On Sprout Social

Several large investors have recently added to or reduced their stakes in SPT. Signaturefd LLC raised its position in shares of Sprout Social by 33.8% during the 3rd quarter. Signaturefd LLC now owns 3,510 shares of the company’s stock valued at $34,000 after purchasing an additional 886 shares during the period. Parallel Advisors LLC increased its stake in Sprout Social by 341.9% in the 3rd quarter. Parallel Advisors LLC now owns 4,406 shares of the company’s stock worth $43,000 after acquiring an additional 3,409 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Sprout Social during the third quarter valued at $59,000. GAMMA Investing LLC lifted its holdings in shares of Sprout Social by 115.8% in the 2nd quarter. GAMMA Investing LLC now owns 6,368 shares of the company’s stock valued at $48,000 after acquiring an additional 3,417 shares during the last quarter. Finally, Essential Partners LLC boosted its holdings in shares of Sprout Social by 724.9% in the 1st quarter. Essential Partners LLC now owns 6,550 shares of the company’s stock worth $37,000 after purchasing an additional 5,756 shares during the period.

Key Sprout Social News

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

• Positive Sentiment: Sprout Social reported third-quarter adjusted EPS of $0.45, above the roughly $0.29 analyst consensus, and revenue of $125.15 million versus estimates of $123.83 million. The company also highlighted record non-GAAP operating income of $26.3 million and a 21% non-GAAP operating margin. Sprout Social Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Stifel raised its price target to $15. Canaccord Genuity and Cantor Fitzgerald also lifted their targets, to $13.50 and $13, respectively. Stifel raises Sprout Social price target
• Neutral Sentiment: Analyst views remain mixed: Canaccord kept a “hold” rating, Cantor Fitzgerald is “neutral,” and KeyCorp maintained an “underweight” rating despite raising its target to $10. Sprout Social Q3 results and guidance
• Negative Sentiment: Sprout Social’s quarterly revenue guidance slightly missed expectations. That outlook disappointment appears to have overshadowed the earnings and revenue beats and contributed to the reported share decline. Why Sprout Social shares are plunging
• Negative Sentiment: A shareholder-law-firm alert cited a federal court decision denying dismissal of a securities-fraud class action and announced an investigation. The case adds potential legal and reputational uncertainty. Shareholder alert concerning 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.