Sprout Social, Inc. (SPT)

NASDAQ: SPT · IEX Real-Time Price · USD
29.38
+1.23 (4.37%)
At close: May 14, 2024, 4:00 PM
28.90
-0.48 (-1.63%)
Pre-market: May 15, 2024, 6:10 AM EDT
4.37%
Market Cap 1.66B
Revenue (ttm) 355.22M
Net Income (ttm) -69.75M
Shares Out 56.54M
EPS (ttm) -1.25
PE Ratio n/a
Forward PE 94.27
Dividend n/a
Ex-Dividend Date n/a
Volume 1,589,409
Open 28.47
Previous Close 28.15
Day's Range 28.09 - 30.37
52-Week Range 25.68 - 68.41
Beta 1.09
Analysts Buy
Price Target 55.07 (+87.44%)
Earnings Date May 2, 2024

About SPT

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. It offers integrated tools, such as social engagement/response; publishing; reporting and analytics; social listening and business intelligence; reputation management; social commerce; employee advocacy; and automation and workflows. In addition, ... [Read more]

Sector Technology
IPO Date Dec 13, 2019
Employees 1,383
Stock Exchange NASDAQ
Ticker Symbol SPT
Full Company Profile

Financial Performance

In 2023, Sprout Social's revenue was $333.64 million, an increase of 31.44% compared to the previous year's $253.83 million. Losses were -$66.43 million, 32.2% more than in 2022.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for SPT stock is "Buy." The 12-month stock price forecast is $55.07, which is an increase of 87.44% from the latest price.

Price Target
$55.07
(87.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sprout Social, Inc. Class Action: Levi & Korsinsky Reminds Sprout Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 12, 2024 - SPT

NEW YORK, NY / ACCESSWIRE / May 14, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, fo...

9 hours ago - Accesswire

SPT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Sprout Social, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK , May 14, 2024 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed again...

10 hours ago - PRNewsWire

Sprout Social, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – SPT

NEW YORK, NY / ACCESSWIRE / May 14, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, fo...

10 hours ago - Accesswire

Levi & Korsinsky Notifies Shareholders of Sprout Social, Inc.(SPT) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, NY / ACCESSWIRE / May 14, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, fo...

10 hours ago - Accesswire

Contact Levi & Korsinsky by July 12, 2024 Deadline to Join Class Action Against Sprout Social, Inc.(SPT)

NEW YORK, NY / ACCESSWIRE / May 14, 2024 / If you suffered a loss on your Sprout Social, Inc. (NASDAQ:SPT) investment and want to learn about a potential recovery under the federal securities laws, fo...

11 hours ago - Accesswire

ROSEN, A LONGSTANDING LAW FIRM, Encourages Sprout Social, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - SPT

NEW YORK , May 14, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sprout Social, I...

17 hours ago - PRNewsWire

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Sprout Social, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – SPT

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Sprout Social, Inc. (NASDAQ: ...

19 hours ago - Business Wire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sprout Social, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, Inc...

20 hours ago - Accesswire

SPT INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Sprout Social, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements re: Sprout Social business and prospects, resulting in its stock trading at inflated prices.

1 day ago - Business Wire

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Sprout Social, Inc. (SPT) Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Sprout Social, Inc. (SPT) Investors.

1 day ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Sprout Social, Inc. (SPT) Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Sprout Social, Inc. (“Sprout Social” or the “Co...

1 day ago - Business Wire

SPT CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Sprout Social, Inc.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Northern District of Illinois, caption...

1 day ago - Business Wire

Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Cloudflare (NYSE:NET)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

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5 days ago - Benzinga

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Sprout Social, In...

6 days ago - Business Wire

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) investors concerning the Com...

7 days ago - Business Wire

The Law Offices of Frank R. Cruz Announces Investigation of Sprout Social, Inc. (SPT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Sprout Social, Inc. (“Sprout Social” or the “Company”) (NASDAQ: SPT) on behalf of investors concerning the ...

7 days ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors Sprout Social, Inc. - SPT

NEW YORK , May 7, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ: SPT). Such investors are advised ...

7 days ago - PRNewsWire

IMPORTANT INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sprout Social, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 7, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, Inc....

7 days ago - Accesswire

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Sprout Social, Inc. and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / May 6, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, Inc....

9 days ago - Accesswire

Sprout Social Announces First Quarter 2024 Financial Results

CHICAGO, May 02, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announ...

12 days ago - GlobeNewsWire

New Research Reveals Influencers Significantly Drive Purchasing Decisions

In addition to a rising trust in influencers, the new report from Sprout Social shows nearly half of consumers make a purchase at least once a month because of influencers In addition to a rising trus...

19 days ago - GlobeNewsWire

Sprout Social Announces CEO Succession Plan

Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today an

4 weeks ago - GlobeNewsWire

Sprout Social to Announce First Quarter 2024 Financial Results on May 2, 2024

CHICAGO, April 08, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today anno...

5 weeks ago - GlobeNewsWire

Sprout Social Launches New Mentorship Network for Marketers

Sprout Social's community platform, The Arboretum, introduces a mentorship program to support learning and growth for marketing and social media professionals Sprout Social's community platform, The A...

2 months ago - GlobeNewsWire

Sprout Social Names Crystal Boysen as Chief People Officer

CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today anno...

2 months ago - GlobeNewsWire