Sprout Social, Inc. (SPT)

NASDAQ: SPT · Real-Time Price · USD
29.63
+0.54 (1.86%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.86%
Market Cap 1.70B
Revenue (ttm) 392.40M
Net Income (ttm) -67.63M
Shares Out 57.40M
EPS (ttm) -1.20
PE Ratio n/a
Forward PE 46.85
Dividend n/a
Ex-Dividend Date n/a
Volume 307,620
Open 29.35
Previous Close 29.09
Day's Range 29.14 - 30.19
52-Week Range 25.05 - 68.41
Beta 0.98
Analysts Buy
Price Target 47.08 (+58.89%)
Earnings Date Nov 7, 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 14 analysts, the average rating for SPT stock is "Buy." The 12-month stock price forecast is $47.08, which is an increase of 58.89% from the latest price.

Price Target
$47.08
(58.89% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sprout Social Empowers Brands to Unlock New Potential and Boost Competitiveness with Updates to its Suite of AI Solutions

Latest innovations bolster Sprout's portfolio of human-centered AI products, help social teams scale operations with ease and elevate executive reporting Latest innovations bolster Sprout's portfolio ...

21 hours ago - GlobeNewsWire

Sprout Social Earns 2025 Buyer's Choice Award From TrustRadius

CHICAGO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Sprout Social (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, announced that TrustRadius has recognized their pr...

2 days ago - GlobeNewsWire

Sprout Social: This Sharp Deceleration Is Startling

Shares of Sprout Social sputtered after reporting weak Q3 results that featured a sharp deceleration in revenue growth rates. Year to date, the stock has lost half of its value. The company insists th...

6 days ago - Seeking Alpha

Kuehn Law Encourages Investors of Sprout Social, Inc. to Contact Law Firm

NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Sprout Social, Inc. (NASDAQ: SPT) breached their...

8 days ago - PRNewsWire

Sprout Social, Inc. (SPT) Q3 2024 Earnings Call Transcript

Sprout Social, Inc. (NASDAQ:SPT) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Alex Kurtz - VP, IR Ryan Barretto - CEO, President Joe Del Preto - CFO Conference Ca...

11 days ago - Seeking Alpha

Sprout Social to Announce Third Quarter 2024 Financial Results on November 7, 2024

CHICAGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

6 weeks ago - GlobeNewsWire

Sprout Social Deepens Commitment to Public Sector by Partnering With Carahsoft as a NASPO-Approved Vendor for Government Agencies

Contract addition enhances the availability of Sprout Social's social media management platform to the Public Sector Contract addition enhances the availability of Sprout Social's social media managem...

2 months ago - GlobeNewsWire

Is it time to exit Sprout Social? KeyBanc downgrades and slashes target to $28

Sprout Social Inc. (NASDAQ: SPT) is in the spotlight today after KeyBanc Capital Markets downgraded the stock from Sector Weight to Underweight with a new price target of $28, reflecting a 17.5% downs...

3 months ago - Invezz

Sprout Social Turnaround Could Take Even Longer Than Expected, Says Bearish Analyst

Shares of Sprout Social Inc SPT tanked in early trading on Thursday.

3 months ago - Benzinga

Sprout Social Names Mike Wolff as Chief Revenue Officer

CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

3 months ago - GlobeNewsWire

Sprout Social: Not Quite Ready To Rebound Yet (Rating Downgrade)

Sprout Social fell slightly after reporting Q2 results, putting a stop to its recent post-Q1 rebound. The company reported revenue growth decelerating to 25% y/y (versus the mid-30s as recently as two...

3 months ago - Seeking Alpha

Sprout Social, Inc. (SPT) Q2 2024 Earnings Call Transcript

Sprout Social, Inc. (NASDAQ:SPT) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Jason Rechel - Vice President, Investor Relations Justyn Howard - Chief Executive Offi...

3 months ago - Seeking Alpha

Sprout Social Announces Second Quarter 2024 Financial Results Ahead of Guidance Range

CHICAGO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

3 months ago - GlobeNewsWire

The Schall Law Firm Urges Shareholders In Sprout Social Inc To Start Dialogue Before The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, In...

4 months ago - Accesswire

Sprout Social Inc Incorporated Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - SPT

LOS ANGELES , July 12, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Sprout Social, Inc. ("Sprout" or "the Company") (NASDAQ:SPT) for violations of §§10(b)...

4 months ago - PRNewsWire

The Schall Law Firm Encourages Shareholders In Sprout Social Inc To Begin Communication Prior To The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, In...

4 months ago - Accesswire

Sprout Social Earns Over 200 Badges in G2's 2024 Summer Reports, Adding to its Recognition as the #1 Best Software Product

CHICAGO, July 11, 2024 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized by G2 's 2024 Summer Reports as a leader in...

4 months ago - GlobeNewsWire

SPT Deadline: Rosen Law Firm Urges Sprout Social, Inc. (SPT) Stockholders with Large Losses to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of all purchasers of securities of Sprout Social, Inc....

4 months ago - Business Wire

The Schall Law Firm Urges Shareholders In Sprout Social Inc To Initiate Dialogue Before The Time Limit

LOS ANGELES, CA / ACCESSWIRE / July 10, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sprout Social, In...

4 months ago - Accesswire

Shareholders of Sprout Social, Inc. Should Contact the Schall Law Firm Before July12, 2024 - SPT

LOS ANGELES , July 10, 2024 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sprout Social, Inc. ("Sprout" or "...

4 months ago - PRNewsWire

Shareholders In Sprout Social Inc Are Called On By The Schall Law Firm To Start Communication Ahead Of The Time Constraint

LOS ANGELES, CA / ACCESSWIRE / July 9, 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...

4 months ago - Accesswire

Shareholders In Sprout Social Inc Are Urged By The Schall Law Firm To Begin Communication Prior To The Deadline

LOS ANGELES, CA / ACCESSWIRE / July 8, 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...

4 months ago - Accesswire

Sprout Social to Announce Second Quarter 2024 Financial Results on August 1, 2024

CHICAGO, July 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 annou...

4 months ago - GlobeNewsWire

Sprout Social, Inc. Sued for Securities Law Violations - Contact the Rosen Law Firm before July 12, 2024 to Discuss Your Rights - SPT

NEW YORK , July 8, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sprout Social, Inc. (NASDAQ: SPT) between November 2, 2023 and May 2, 202...

4 months ago - PRNewsWire

SPT Investors Have the Opportunity to Join Sprout Social, Inc. Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--SPT Investors Have the Opportunity to Join Sprout Social, Inc. Investigation with the Schall Law Firm.

4 months ago - Business Wire