Sprout Social, Inc. (SPT)

Sprout Social Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for Sprout Social stock have an average target of 54.43, with a low estimate of 38 and a high estimate of 78. The average target predicts an increase of 48.39% from the current stock price of 36.68.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$38	$54.43	$50	$78
Change	+3.60%	+48.39%	+36.31%	+112.65%

Analyst Ratings

The average analyst rating for Sprout Social stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	6	6	6	4	4	4
Buy	6	7	8	6	6	6
Hold	1	1	1	6	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	14	15	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Raimo Lenschow Barclays	Barclays	Buy Maintains $50 → $48	Buy	Maintains	$50 → $48	+30.86%	Jul 16, 2024
Rob Oliver Baird	Baird	Hold Maintains $45 → $38	Hold	Maintains	$45 → $38	+3.60%	Jun 27, 2024
Scott Berg Needham	Needham	Strong Buy Reiterates $55	Strong Buy	Reiterates	$55	+49.95%	Jun 7, 2024
Scott Berg Needham	Needham	Strong Buy Reiterates $55	Strong Buy	Reiterates	$55	+49.95%	May 16, 2024
Chris Merwin Goldman Sachs	Goldman Sachs	Hold Maintains $80 → $44	Hold	Maintains	$80 → $44	+19.96%	May 6, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

409.59M

Increased by 22.76%

from 333.64M

Revenue Next Year

490.37M

Increased by 19.72%

from 409.59M

EPS This Year

0.47

from -1.19

EPS Next Year

0.74

Increased by 56.73%

from 0.47

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	102.71M	132.95M	187.86M	253.83M	333.64M	409.59M	490.37M	588.19M	710.64M	852.54M
Revenue Growth	30.32%	29.44%	41.30%	35.12%	31.44%	22.76%	19.72%	19.95%	20.82%	19.97%
EPS	-2.54	-0.62	-0.53	-0.92	-1.19	0.47	0.74	1.11	1.42	2.03
EPS Growth	-	-	-	-	-	-	56.73%	49.56%	28.77%	42.55%
Forward PE	-	-	-	-	-	77.74	49.60	33.17	25.76	18.07
No. Analysts	-	-	-	-	-	15	15	7	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	426.7M	533.3M	676.7M	738.8M	886.3M
Avg	409.6M	490.4M	588.2M	710.6M	852.5M
Low	396.9M	455.8M	455.8M	689.5M	827.2M

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	27.9%	30.2%	38.0%	25.6%	24.7%
Avg	22.8%	19.7%	19.9%	20.8%	20.0%
Low	19.0%	11.3%	-7.0%	17.2%	16.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.53	1.05	1.62	1.48	2.11
Avg	0.47	0.74	1.11	1.42	2.03
Low	0.44	0.58	0.85	1.38	1.97

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	122.5%	118.7%	33.9%	48.2%
Avg	-	56.7%	49.6%	28.8%	42.6%
Low	-	22.5%	15.3%	24.9%	38.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.