Sprout Social, Inc. (SPT)

NASDAQ: SPT · IEX Real-Time Price · USD
64.26
+2.89 (4.71%)
At close: Aug 8, 2022 4:00 PM
64.00
-0.26 (-0.40%)
Pre-market: Aug 9, 2022 7:00 AM EDT
4.71%
Market Cap 3.51B
Revenue (ttm) 221.22M
Net Income (ttm) -41.26M
Shares Out 54.66M
EPS (ttm) -0.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 674,728
Open 61.65
Previous Close 61.37
Day's Range 60.90 - 66.31
52-Week Range 38.39 - 145.42
Beta 1.09
Analysts Buy
Price Target 82.72 (+28.7%)
Earnings Date Aug 2, 2022

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. It provides cloud software that brings together social messaging, data, and workflows in a unified system of record, intelligence, and action. The company offers provides various integrated tools in a range of functions comprising social engagement/response, publishing, reporting and analytics, social listening and business intelligence, reputation management, employee advocacy,... [Read more...]

Industry Software
IPO Date Dec 13, 2019
Employees 887
Stock Exchange NASDAQ
Ticker Symbol SPT
Full Company Profile

Financial Performance

In 2021, Sprout Social's revenue was $187.86 million, an increase of 41.30% compared to the previous year's $132.95 million. Losses were -$28.70 million, -9.33% less than in 2020.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for SPT stock is "Buy." The 12-month stock price forecast is 82.72, which is an increase of 28.73% from the latest price.

Price Target
$82.72
(28.73% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Sprout Social to Present at Upcoming Investor Events

CHICAGO, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announc...

Sprout Social (SPT) Reports Q2 Loss, Tops Revenue Estimates

Sprout Social (SPT) delivered earnings and revenue surprises of 33.33% and 1.95%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social Announces Second Quarter 2022 Financial Results Above Guidance Range

ARR growth of 35% year-over-year Second quarter total revenue of $61.4 million, up 37% year-over-year

74% of Marketers Plan to Invest at Least a Quarter of their Social Media Budgets on Content Creator Partnerships This...

Despite plans to spend more on creator marketing, new research from Sprout Social finds budget is the #1 challenge marketers face when working with creators

Sprout Social to Announce Second Quarter 2022 Financial Results on August 2, 2022

CHICAGO, July 08, 2022 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announc...

Here's How Needham Views Sprout Social's Collaboration With TikTok

On May 26, Sprout Social, Inc (NASDAQ: SPT) announced its content marketing integration with TikTok, which has been in the works. It represents the latest platform integration, with one of the ten most ...

Sprout Social joins the TikTok Marketing Partner Program and Introduces New TikTok Integration

New video management functionality will help brands optimize their content for meaningful business results New video management functionality will help brands optimize their content for meaningful busin...

Sprout Social (SPT) Reports Q1 Loss, Tops Revenue Estimates

Sprout Social (SPT) delivered earnings and revenue surprises of 25% and 2.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social Announces First Quarter 2022 Financial Results Above Guidance Range

ARR growth of 39% year-over-year First quarter total revenue of $57.4 Million, up 41% year-over-year

Sprout Social to Announce First Quarter 2022 Financial Results on May 3, 2022

CHICAGO, April 08, 2022 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announ...

Sprout Social announces $100,000 annual contribution to Howard University to stand up the Center for Digital Business

CHICAGO, April 06, 2022 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, today announced a $100,000 annual contribution to the Howard Uni...

Salesforce and Sprout Social Partner to Manage Full Social Media Presence

Partnership enables Salesforce customers to leverage Sprout's industry-leading social media suite Partnership enables Salesforce customers to leverage Sprout's industry-leading social media suite

Analysts Continue To See Sharp Upside In Sprout Social Post Q4 Results

Analysts cut their price targets on Sprout Social Inc (NASDAQ: SPT) post Q4 results. Needham analyst Scott Berg lowered the price target to $75 from $160 (37% upside) given the significant multiple comp...

Sprout Social (SPT) Reports Q4 Loss, Tops Revenue Estimates

Sprout Social (SPT) delivered earnings and revenue surprises of 28.57% and 3.88%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Sprout Social Announces Fourth Quarter 2021 Financial Results Above Guidance Range

2021 ARR growth of 42% year-over-year Fourth quarter total revenue of $53.3 Million, up 43% year-over-year

Analysts Estimate Sprout Social (SPT) to Report a Decline in Earnings: What to Look Out for

Sprout Social (SPT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

98% of consumers plan to make a purchase on social media in 2022

New research from Sprout Social reveals key trends for brands looking to leverage social commerce and the channel's $1.2 trillion potential New research from Sprout Social reveals key trends for brands ...

Sprout Social Recognized by G2's 2022 Best Software Awards

CHICAGO, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized by G2 's 2022 Best Software Awards.

Sprout Social to Announce Fourth Quarter 2021 Financial Results on February 22, 2022

CHICAGO, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announc...

Sprout Social Recognized as one of Glassdoor's Best Places to Work in 2022

CHICAGO, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been named one of the best places to work in 2022 by Glassdoo...

Sprout Social to Present at The 24th Annual Needham Growth Conference

CHICAGO, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announc...

Sprout Social ranked #3 on Battery Venture's 25 Highest Rated Public Cloud Computing Companies to Work for

CHICAGO, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Sprout Social , an industry-leading provider of cloud-based social media management software, has been recognized as one of the 25 Highest Rated Public Cloud C...

Sprout Social to Present at The Barclays Global Technology, Media and Telecommunications Conference

CHICAGO, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announc...

Sprout Social Enhances Review Management Capabilities with Yelp Integration

CHICAGO, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Today, Sprout Social , an industry-leading provider of cloud-based social media management software, announced the addition of Yelp to its review management ca...

Sprout Social (SPT) Reports Q3 Loss, Tops Revenue Estimates

Sprout Social (SPT) delivered earnings and revenue surprises of 62.50% and 3.63%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?