Sprout Social, Inc. (SPT)

NASDAQ: SPT · IEX Real-Time Price · USD
52.37
-0.58 (-1.10%)
Apr 17, 2024, 3:33 PM EDT - Market open
-1.10%
Market Cap 2.96B
Revenue (ttm) 333.64M
Net Income (ttm) -66.43M
Shares Out 56.62M
EPS (ttm) -1.19
PE Ratio n/a
Forward PE 233.88
Dividend n/a
Ex-Dividend Date n/a
Volume 556,413
Open 52.62
Previous Close 52.95
Day's Range 52.06 - 53.50
52-Week Range 37.00 - 68.41
Beta 1.04
Analysts Strong Buy
Price Target 72.21 (+37.88%)
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 14 analysts, the average rating for SPT stock is "Strong Buy." The 12-month stock price forecast is $72.21, which is an increase of 37.88% from the latest price.

Price Target
$72.21
(37.88% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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

1 day 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...

8 days 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...

4 weeks 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...

4 weeks ago - GlobeNewsWire

Sprout Social Announces Fourth Quarter 2023 Financial Results Above Guidance Range

CHICAGO, Feb. 20, 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

Sprout Social Launches New Care Solution to Power Exceptional Customer Experiences

Social Customer Care by Sprout Social enables brands to provide faster, personalized and complete customer care Social Customer Care by Sprout Social enables brands to provide faster, personalized and...

2 months ago - GlobeNewsWire

Sprout Social Named #1 Best Software Product by G2

Based on customer reviews and satisfaction, Sprout Social earns G2's top recognition for software products overall Based on customer reviews and satisfaction, Sprout Social earns G2's top recognition ...

2 months ago - GlobeNewsWire

Sprout Social to Announce Fourth Quarter 2023 Financial Results on February 20, 2024

CHICAGO, Jan. 09, 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 Announces Promotion of Alan Boyce to Chief Technology Officer

CHICAGO, Dec. 20, 2023 (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 Earns 150 Badges in G2's 2024 Winter Reports, Adding to its Recognition as a Leader Across Business Segments and Global Markets

CHICAGO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized by G2 's 2024 Winter Reports as a leader in...

4 months ago - GlobeNewsWire

Sprout Social's Community for Marketers, The Arboretum, Surpasses 10,000 Members

The Arboretum reaches membership milestone less than a year after its public launch The Arboretum reaches membership milestone less than a year after its public launch

4 months ago - GlobeNewsWire

Sprout Social Names Scott Morris as Chief Marketing Officer

CHICAGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

5 months ago - GlobeNewsWire

Tagger by Sprout Social Launches Automotive Industry Index Highlighting Influencer Marketing Trends for Auto Makers, Dealers and More

SANTA MONICA, Calif.--(BUSINESS WIRE)-- #influencermarketing--Tagger by Sprout Social, the global technology leader in making influencer marketing more intelligent, releases its first Automotive Indus...

5 months ago - Business Wire

Sprout Social Announces Third Quarter 2023 Financial Results Above Guidance Range

CHICAGO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

5 months ago - GlobeNewsWire

Sprout Social to Announce Third Quarter 2023 Financial Results on November 2, 2023

CHICAGO, Oct. 09, 2023 (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 months ago - GlobeNewsWire

Sprout Social Recognized by Fortune Media as a 2023 Best Workplace in Technology

CHICAGO, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been named to the 2023 Fortune Best Workplaces in Technolo...

7 months ago - GlobeNewsWire

Sprout Social Earns 138 Badges in G2's 2023 Fall Reports

Ranked #1 in 72 reports, Sprout Social was recognized as a leader across business segments and regions Ranked #1 in 72 reports, Sprout Social was recognized as a leader across business segments and re...

7 months ago - GlobeNewsWire

New Research Indicates a Shift in What Consumers Find Memorable on Social Media

As brands seek to differentiate themselves on social, Sprout Social's 2023 Index reveals that twice as many consumers believe personalized care from brands is more memorable than content on trends and...

7 months ago - GlobeNewsWire

New Research Reveals Influencer Marketing as Critical to Brands' Social Strategies

8 in 10 social marketers describe influencer marketing as essential to their social strategies in new research by Sprout Social 8 in 10 social marketers describe influencer marketing as essential to t...

8 months ago - GlobeNewsWire

Sprout Social to Host September Investor Day

CHICAGO, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

8 months ago - GlobeNewsWire

Sprout Social Acquires Tagger Media

Acquisition expands Sprout Social into the influencer marketing category and extends social media platform to deliver comprehensive workflow, reporting and intelligence Acquisition expands Sprout Soci...

9 months ago - GlobeNewsWire

Sprout Social to Announce Second Quarter 2023 Financial Results on August 3, 2023

CHICAGO, July 10, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today annou...

10 months ago - GlobeNewsWire

New research reveals business leaders agree continued investment in social media is critical for long-term success, driven by social data's growing value in business intelligence

With 86% of business leaders reporting that social media often or consistently informs their overall business strategies, four in five expect their company's social media budget to increase in the nex...

1 year ago - GlobeNewsWire

Sprout Social stock falls as forecast revenue for current quarter fall short

Sprout Social Inc. SPT, -3.65% shares dropped in the extended session Tuesday after the social-media management software company's forecast revenue for the current quarter fell short of Wall Street es...

1 year ago - Market Watch

Sprout Social and Twitter Announce Continued Strategic Partnership

CHICAGO, May 02, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of social media management software, and Twitter, one of the ...

1 year ago - GlobeNewsWire