Sprout Social (NASDAQ:SPT) Issues Q1 2025 Earnings Guidance

Sprout Social (NASDAQ:SPT) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.140-0.160 for the period, compared to the consensus estimate of 0.150. The company issued revenue guidance of $107.2 million-$108.0 million, compared to the consensus revenue estimate of $110.2 million. Sprout Social also updated its FY 2025 guidance to 0.650-0.740 EPS.

Wall Street Analyst Weigh In

SPT has been the subject of a number of research reports. Canaccord Genuity Group decreased their price objective on Sprout Social from $40.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday. Oppenheimer reduced their target price on shares of Sprout Social from $40.00 to $38.00 and set an “outperform” rating for the company in a report on Tuesday, December 3rd. Jefferies Financial Group lifted their price target on Sprout Social from $34.00 to $42.00 and gave the company a “buy” rating in a research note on Monday, February 3rd. The Goldman Sachs Group decreased their price objective on Sprout Social from $34.00 to $29.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Barclays cut their price target on Sprout Social from $38.00 to $34.00 and set an “overweight” rating for the company in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Sprout Social currently has a consensus rating of “Hold” and a consensus target price of $34.08.

Sprout Social Stock Up 1.6 %

Shares of NASDAQ SPT traded up $0.43 during trading on Wednesday, hitting $27.68. The stock had a trading volume of 728,950 shares, compared to its average volume of 556,934. The company has a market capitalization of $1.59 billion, a PE ratio of -23.10 and a beta of 1.06. The firm has a fifty day moving average of $31.83 and a two-hundred day moving average of $30.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.96. Sprout Social has a 12 month low of $25.05 and a 12 month high of $64.91.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. The business had revenue of $107.09 million during the quarter, compared to analysts’ expectations of $106.74 million. As a group, equities research analysts forecast that Sprout Social will post -0.99 EPS for the current fiscal year.

Insider Activity

In other news, CEO Ryan Paul Barretto sold 13,465 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $31.45, for a total transaction of $423,474.25. Following the sale, the chief executive officer now owns 546,343 shares of the company’s stock, valued at approximately $17,182,487.35. This represents a 2.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Karen Walker sold 5,000 shares of the firm’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $30.26, for a total value of $151,300.00. Following the completion of the sale, the director now owns 30,665 shares in the company, valued at approximately $927,922.90. This represents a 14.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 120,265 shares of company stock worth $3,837,006. 10.97% of the stock is currently owned by company insiders.

Sprout Social Company Profile

Sprout Social, Inc designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.