Sprout Social, Inc. (NASDAQ:SPT) Receives Average Rating of “Hold” from Analysts

Shares of Sprout Social, Inc. (NASDAQ:SPT) have been given an average rating of “Hold” by the ten brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $11.8750.

Several equities research analysts have recently issued reports on SPT shares. The Goldman Sachs Group reduced their price target on Sprout Social from $13.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, March 2nd. Wall Street Zen upgraded Sprout Social from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. KeyCorp reduced their price target on Sprout Social from $9.00 to $6.00 and set an “underweight” rating for the company in a report on Friday, February 27th. Barclays lifted their price target on Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a report on Monday, May 11th. Finally, Canaccord Genuity Group reiterated a “hold” rating and set a $9.00 price target (down from $16.00) on shares of Sprout Social in a report on Friday, February 27th.

Insider Activity

In other news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $5.03, for a total transaction of $201,200.00. Following the completion of the sale, the insider directly owned 7,417 shares in the company, valued at $37,307.51. The trade was a 84.36% decrease in their position. The sale was disclosed in a filing 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 currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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. raised 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. Tower Research Capital LLC TRC raised its stake in shares of Sprout Social by 55.5% in 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 in the last quarter. Summit Securities Group LLC raised its stake in shares of Sprout Social by 399.0% in the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock valued at $28,000 after acquiring an additional 2,015 shares in the last quarter. Finally, Headlands Technologies LLC raised its stake in shares of Sprout Social by 13.0% in the 2nd quarter. Headlands Technologies LLC now owns 18,573 shares of the company’s stock valued at $388,000 after acquiring an additional 2,131 shares in the last quarter.

Sprout Social Trading Down 2.0%

NASDAQ:SPT opened at $7.23 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.95 and a quick ratio of 0.95. Sprout Social has a fifty-two week low of $4.92 and a fifty-two week high of $22.59. The stock’s 50-day moving average is $6.26 and its two-hundred day moving average is $7.96. The stock has a market cap of $434.60 million, a PE ratio of -10.95 and a beta of 1.02.

Sprout Social (NASDAQ:SPT) last released its earnings results on Thursday, May 7th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.07. The company had revenue of $121.50 million for the quarter, compared to analysts’ expectations of $120.33 million. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.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. As a group, equities research analysts forecast that Sprout Social will post -0.31 earnings per share for the current fiscal year.

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.