Sprout Social, Inc. (SPT)
NASDAQ: SPT · Real-Time Price · USD
32.10
+1.78 (5.87%)
Nov 22, 2024, 4:00 PM EST - Market closed

Sprout Social Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Sprout Social stock have an average target of 47.08, with a low estimate of 28 and a high estimate of 76. The average target predicts an increase of 46.67% from the current stock price of 32.10.

Analyst Consensus: Buy
Target Low Average Median High
Price $28 $47.08 $46 $76
Change -12.77% +46.67% +43.30% +136.76%

Analyst Ratings

The average analyst rating for Sprout Social stock from 14 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 444444
Buy 665533
Hold 666666
Sell 001111
Strong Sell 000000
Total 161616161414

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$40$29
Hold Maintains $40$29 -9.66% Nov 11, 2024
Needham
Needham
Strong Buy
Reiterates
$55
Strong Buy Reiterates $55 +71.34% Nov 8, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$43$40
Buy Maintains $43$40 +24.61% Oct 24, 2024
Barclays
Barclays
Buy
Maintains
$48$38
Buy Maintains $48$38 +18.38% Oct 11, 2024
Keybanc
Keybanc
Sell
Downgrades
$28
Sell Downgrades $28 -12.77% Aug 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
409.59M
from 333.64M
Increased by 22.76%
Revenue Next Year
479.07M
from 409.59M
Increased by 16.96%
EPS This Year
0.47
from -1.19
EPS Next Year
0.71
from 0.47
Increased by 51.85%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
102.71M132.95M187.86M253.83M333.64M409.59M479.07M561.43M
Revenue Growth
30.32%29.44%41.30%35.12%31.44%22.76%16.96%17.19%
EPS
-2.54-0.62-0.53-0.92-1.190.470.710.97
EPS Growth
------51.85%37.47%
Forward PE
-----68.7845.3032.95
No. Analysts -----14149
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 426.3M 508.2M 625.8M
Avg 409.6M 479.1M 561.4M
Low 396.9M 455.8M 455.8M

Revenue Growth

Revenue Growth 20242025202620272028
High
27.8%
24.1%
30.6%
Avg
22.8%
17.0%
17.2%
Low
19.0%
11.3%
-4.9%

EPS Forecast

EPS 20242025202620272028
High 0.50 0.90 1.17
Avg 0.47 0.71 0.97
Low 0.44 0.58 0.74

EPS Growth

EPS Growth 20242025202620272028
High -
93.5%
64.5%
Avg -
51.9%
37.5%
Low -
23.9%
3.7%
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.