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

Sprout Social (NASDAQ:SPT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.880-0.970 for the period, compared to the consensus estimate of 0.650. The company issued revenue guidance of $492.5 million-$495.5 million, compared to the consensus revenue estimate of $493.1 million. Sprout Social also updated its Q2 2026 guidance to 0.150-0.160 EPS.

Sprout Social Stock Up 8.6%

Sprout Social stock traded up $0.58 during mid-day trading on Friday, reaching $7.38. 2,987,263 shares of the company were exchanged, compared to its average volume of 1,609,793. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $439.73 million, a P/E ratio of -9.94 and a beta of 0.94. The business has a fifty day moving average of $5.94 and a 200 day moving average of $8.48. Sprout Social has a 12-month low of $4.92 and a 12-month high of $25.48.

Sprout Social (NASDAQ:SPT) last released its quarterly earnings results on Thursday, May 7th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.23). The company had revenue of $121.50 million during the quarter, compared to the consensus estimate of $120.33 million. Sprout Social had a negative return on equity of 16.10% and a negative net margin of 9.47%.Sprout Social has set its Q2 2026 guidance at 0.150-0.160 EPS and its FY 2026 guidance at 0.880-0.970 EPS. Research analysts anticipate that Sprout Social will post -0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on SPT shares. KeyCorp reduced their price objective on shares of Sprout Social from $9.00 to $6.00 and set an “underweight” rating for the company in a research note on Friday, February 27th. Jefferies Financial Group decreased their price objective on Sprout Social from $15.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. The Goldman Sachs Group dropped their target price on Sprout Social from $13.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Needham & Company LLC decreased their price target on Sprout Social from $32.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Finally, Canaccord Genuity Group reiterated a “hold” rating and set a $9.00 price objective (down from $16.00) on shares of Sprout Social in a research note on Friday, February 27th. Four investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.11.

Insider Transactions at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $5.03, for a total transaction of $201,200.00. Following the sale, the insider owned 7,417 shares in the company, valued at approximately $37,307.51. This trade represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 103,855 shares of company stock worth $600,860 over the last quarter. Corporate insiders own 9.60% of the company’s stock.

Hedge Funds Weigh In On Sprout Social

Large investors have recently bought and sold shares of the business. Brighton Jones LLC increased its position in shares of Sprout Social by 391.7% in the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock valued at $1,105,000 after buying an additional 28,667 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Sprout Social in the 1st quarter worth $365,000. 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 worth $1,168,000 after acquiring an additional 1,265 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Sprout Social by 23.0% in the first quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company’s stock valued at $7,163,000 after purchasing an additional 60,947 shares during the period. Finally, Empowered Funds LLC purchased a new stake in shares of Sprout Social during the first quarter worth about $325,000.

About Sprout Social

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.