Sprout Social (NASDAQ:SPT) Issues Q2 2026 Earnings Guidance

Sprout Social (NASDAQ:SPT) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.150-0.160 for the period, compared to the consensus EPS estimate of 0.140. The company issued revenue guidance of $121.7 million-$122.5 million, compared to the consensus revenue estimate of $121.3 million. Sprout Social also updated its FY 2026 guidance to 0.880-0.970 EPS.

Analysts Set New Price Targets

SPT has been the topic of several research analyst reports. Wall Street Zen raised shares of Sprout Social from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Jefferies Financial Group lowered their price objective on Sprout Social from $15.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. KeyCorp cut their price objective on Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a research note on Friday, February 27th. The Goldman Sachs Group reduced their target price on Sprout Social from $13.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. Finally, Barclays lowered their price target on Sprout Social from $9.00 to $8.00 and set an “overweight” rating for the company in a report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Sprout Social has a consensus rating of “Hold” and an average price target of $13.11.

Sprout Social Price Performance

SPT opened at $6.80 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $5.94 and its 200 day moving average price is $8.48. Sprout Social has a fifty-two week low of $4.92 and a fifty-two week high of $25.48. The firm has a market cap of $405.01 million, a price-to-earnings ratio of -9.19 and a beta of 0.94.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Thursday, May 7th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.16 by ($0.23). Sprout Social had a negative net margin of 9.47% and a negative return on equity of 16.10%. 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. As a group, sell-side analysts expect that Sprout Social will post -0.39 earnings per share for the current year.

Insider Buying and Selling

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction on Friday, April 10th. The stock was sold at an average price of $5.03, for a total value of $201,200.00. Following the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $37,307.51. This trade represents a 84.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 103,855 shares of company stock worth $600,860. 9.60% of the stock is owned by corporate insiders.

Institutional Trading of Sprout Social

Several hedge funds have recently bought and sold shares of the company. Invesco Ltd. grew its position in Sprout Social by 38.6% in the 4th quarter. Invesco Ltd. now owns 76,775 shares of the company’s stock worth $865,000 after purchasing an additional 21,399 shares during the last quarter. State of Tennessee Department of Treasury boosted its position in shares of Sprout Social by 228.3% during the fourth quarter. State of Tennessee Department of Treasury now owns 38,071 shares of the company’s stock worth $429,000 after buying an additional 26,474 shares during the period. EP Wealth Advisors LLC bought a new position in Sprout Social in the 4th quarter worth approximately $114,000. Mackenzie Financial Corp increased its position in Sprout Social by 225.9% in the 4th quarter. Mackenzie Financial Corp now owns 126,143 shares of the company’s stock valued at $1,435,000 after acquiring an additional 87,434 shares during the period. Finally, Fuller & Thaler Asset Management Inc. acquired a new stake in Sprout Social in the 4th quarter valued at approximately $440,000.

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.