Sprout Social, Inc. (NASDAQ:SPT) Given Average Recommendation of “Hold” by Brokerages

Shares of Sprout Social, Inc. (NASDAQ:SPT) have been assigned a consensus rating of “Hold” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $11.8750.

Several research firms recently weighed in on SPT. Barclays raised their price objective on Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a research note on Monday, May 11th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a research report on Friday, July 17th.

Sprout Social Price Performance

SPT stock opened at $7.57 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. The company’s 50-day moving average price is $7.45 and its 200 day moving average price is $7.20. Sprout Social has a 52 week low of $4.92 and a 52 week high of $19.51. The company has a market cap of $455.03 million, a P/E ratio of -11.47 and a beta of 0.99.

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

Insider Activity

In other news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction 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 owned 7,417 shares of the company’s stock, valued at $61,412.76. The trade was a 84.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sprout Social

Several hedge funds have recently added to or reduced their stakes in the business. LB Partners LLC increased its position in Sprout Social by 144.7% during the first quarter. LB Partners LLC now owns 1,510,979 shares of the company’s stock worth $8,613,000 after buying an additional 893,502 shares in the last quarter. Cubist Systematic Strategies LLC lifted its position in shares of Sprout Social by 739.6% in the second quarter. Cubist Systematic Strategies LLC now owns 714,089 shares of the company’s stock valued at $14,932,000 after acquiring an additional 629,033 shares in the last quarter. Canada Pension Plan Investment Board lifted its position in shares of Sprout Social by 20,382.0% in the second quarter. Canada Pension Plan Investment Board now owns 471,087 shares of the company’s stock valued at $9,850,000 after acquiring an additional 468,787 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in shares of Sprout Social by 252.2% during the first quarter. Y Intercept Hong Kong Ltd now owns 626,762 shares of the company’s stock valued at $3,573,000 after acquiring an additional 448,783 shares during the last quarter. Finally, Readystate Asset Management LP acquired a new stake in shares of Sprout Social during the fourth quarter valued at $4,830,000.

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.