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

Sprout Social (NASDAQ:SPT) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.110-1.150 for the period, compared to the consensus estimate of 0.680. The company issued revenue guidance of $493.0 million-$495.6 million, compared to the consensus revenue estimate of $494.4 million. Sprout Social also updated its Q3 2026 guidance to 0.290-0.300 EPS.

Sprout Social Stock Down 5.1%

Shares of Sprout Social stock traded down $0.44 on Thursday, hitting $8.19. 1,774,468 shares of the company traded hands, compared to its average volume of 1,495,673. Sprout Social has a 12-month low of $4.92 and a 12-month high of $17.41. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15. The company has a market cap of $492.27 million, a PE ratio of -12.41 and a beta of 0.97. The company has a 50-day moving average price of $7.75 and a 200 day moving average price of $7.10.

Sprout Social (NASDAQ:SPT) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.10. The business had revenue of $123.85 million during the quarter, compared to analyst estimates of $122.19 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 FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. Sell-side analysts predict that Sprout Social will post -0.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Sprout Social in a research note on Friday, July 17th. Barclays increased their price objective on Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Sprout Social has a consensus rating of “Hold” and an average price target of $11.88.

Insider Buying and Selling

In other news, insider Justyn Russell Howard sold 40,000 shares of the company’s 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 completion of the transaction, the insider directly owned 7,417 shares in the company, valued at $61,412.76. The trade was a 84.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sprout Social

Several institutional investors and hedge funds have recently added to or reduced their stakes in SPT. State Street Corp grew its holdings in shares of Sprout Social by 8.2% during the 4th quarter. State Street Corp now owns 1,546,142 shares of the company’s stock worth $17,425,000 after purchasing an additional 117,757 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Sprout Social by 11.0% in the fourth quarter. Geode Capital Management LLC now owns 1,254,451 shares of the company’s stock valued at $14,141,000 after purchasing an additional 123,983 shares in the last quarter. First Trust Advisors LP lifted its position in Sprout Social by 14.5% in the fourth quarter. First Trust Advisors LP now owns 1,028,538 shares of the company’s stock worth $11,592,000 after purchasing an additional 130,447 shares during the period. Qube Research & Technologies Ltd boosted its stake in Sprout Social by 61.0% during the third quarter. Qube Research & Technologies Ltd now owns 1,022,426 shares of the company’s stock worth $13,210,000 after buying an additional 387,541 shares in the last quarter. Finally, Federated Hermes Inc. increased its holdings in Sprout Social by 40.0% in the 4th quarter. Federated Hermes Inc. now owns 974,080 shares of the company’s stock valued at $10,978,000 after buying an additional 278,449 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.