Sprout Social, Inc. (NASDAQ:SPT) Receives $13.67 Average Price Target from Analysts

Shares of Sprout Social, Inc. (NASDAQ:SPT) have been given a consensus rating of “Hold” by the eleven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $13.6667.

A number of equities analysts recently weighed in on SPT shares. Barclays lowered their target price on shares of Sprout Social from $26.00 to $13.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Canaccord Genuity Group restated a “hold” rating and set a $9.00 target price (down from $16.00) on shares of Sprout Social in a report on Friday, February 27th. Jefferies Financial Group lowered their target price on shares of Sprout Social from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. The Goldman Sachs Group lowered their target price on shares of Sprout Social from $13.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Finally, KeyCorp lowered their target price on shares of Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a report on Friday, February 27th.

Sprout Social Price Performance

Shares of SPT opened at $5.30 on Friday. The company has a market cap of $315.67 million, a price-to-earnings ratio of -7.16 and a beta of 1.00. Sprout Social has a 1-year low of $4.92 and a 1-year high of $25.48. The company’s fifty day simple moving average is $6.39 and its 200 day simple moving average is $9.15. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.20.

Sprout Social (NASDAQ:SPT) last issued its earnings results on Thursday, February 26th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.04. The business had revenue of $120.89 million for the quarter, compared to the consensus estimate of $118.68 million. Sprout Social had a negative net margin of 9.47% and a negative return on equity of 16.10%. Sprout Social has set its FY 2026 guidance at 0.880-0.970 EPS and its Q1 2026 guidance at 0.150-0.160 EPS. On average, research analysts forecast that Sprout Social will post -0.99 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $5.03, for a total value of $201,200.00. Following the transaction, the insider directly owned 7,417 shares in the company, valued at $37,307.51. The trade was a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 in the last 90 days. 10.12% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Sprout Social

Large investors have recently modified their holdings of the stock. Summit Securities Group LLC raised its position in shares of Sprout Social by 399.0% in the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock valued at $28,000 after purchasing an additional 2,015 shares during the period. Quadrant Capital Group LLC bought a new position in shares of Sprout Social in the fourth quarter valued at about $28,000. State of Alaska Department of Revenue bought a new position in shares of Sprout Social in the third quarter valued at about $30,000. Versant Capital Management Inc raised its position in shares of Sprout Social by 2,754.5% in the third quarter. Versant Capital Management Inc now owns 3,511 shares of the company’s stock valued at $45,000 after purchasing an additional 3,388 shares during the period. Finally, Quarry LP raised its position in shares of Sprout Social by 264.2% in the third quarter. Quarry LP now owns 3,784 shares of the company’s stock valued at $49,000 after purchasing an additional 2,745 shares during the period.

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.