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

Sprout Social, Inc. (NASDAQ:SPT) has been given a consensus rating of “Hold” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $10.4286.

Several brokerages have recently commented on SPT. Barclays boosted their price objective on Sprout Social from $9.00 to $12.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. KeyCorp raised their target price on shares of Sprout Social from $6.00 to $7.00 and gave the company an “underweight” rating in a research note on Friday, August 7th. Zacks Research upgraded shares of Sprout Social from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Wall Street Zen raised shares of Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th.

Sprout Social Price Performance

NASDAQ:SPT opened at $9.81 on Friday. The firm has a market capitalization of $594.39 million, a price-to-earnings ratio of -19.62 and a beta of 0.97. Sprout Social has a 52-week low of $4.92 and a 52-week high of $16.03. The stock has a fifty day moving average of $8.16 and a 200 day moving average of $7.11. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.03 and a current ratio of 1.03.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Thursday, August 6th. The company reported $0.26 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 analysts’ expectations of $122.19 million. Sprout Social had a negative return on equity of 8.80% and a negative net margin of 6.13%.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. On average, research analysts expect that Sprout Social will post -0.25 EPS for the current fiscal year.

Insider Activity

In related news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $8.28, for a total value of $331,200.00. Following the completion of the transaction, the insider directly owned 7,417 shares in the company, valued at approximately $61,412.76. The trade was a 84.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 9.60% of the company’s stock.

Institutional Investors Weigh In On Sprout Social

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Sprout Social by 391.7% in the 4th quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock worth $1,105,000 after purchasing an additional 28,667 shares in the last quarter. AQR Capital Management LLC purchased a new position in shares of Sprout Social during the 1st quarter valued at about $365,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Sprout Social by 2.4% during 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 buying an additional 1,265 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Sprout Social by 23.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 325,750 shares of the company’s stock worth $7,163,000 after buying an additional 60,947 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in Sprout Social in the 1st quarter worth approximately $325,000.

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.