Sprout Social, Inc. (SPT)
NASDAQ: SPT · Real-Time Price · USD
27.59
+0.62 (2.30%)
At close: Nov 4, 2024, 4:00 PM
28.41
+0.82 (2.97%)
After-hours: Nov 4, 2024, 5:19 PM EST
Sprout Social Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Sprout Social stock have an average target of 48, with a low estimate of 28 and a high estimate of 76. The average target predicts an increase of 73.98% from the current stock price of 27.59.
Analyst Consensus: Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 6 | 6 | 6 | 5 | 5 | 3 |
| Hold | 6 | 6 | 6 | 6 | 6 | 6 |
| Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Maintains $43 → $40 | Buy | Maintains | $43 → $40 | +44.98% | Oct 24, 2024 |
| Barclays | Barclays | Buy Maintains $48 → $38 | Buy | Maintains | $48 → $38 | +37.73% | Oct 11, 2024 |
| Keybanc | Keybanc | Hold → Sell Downgrades $28 | Hold → Sell | Downgrades | $28 | +1.49% | Aug 22, 2024 |
| Baird | Baird | Hold Maintains $38 → $40 | Hold | Maintains | $38 → $40 | +44.98% | Aug 2, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $46 | Buy | Reiterates | $46 | +66.73% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
409.62M
from 333.64M
Increased by 22.77%
Revenue Next Year
480.02M
from 409.62M
Increased by 17.19%
EPS This Year
0.47
from -1.19
EPS Next Year
0.70
from 0.47
Increased by 50.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 426.3M | 508.2M | 625.8M | ||
| Avg | 409.6M | 480.0M | 562.6M | ||
| Low | 396.9M | 455.8M | 455.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.8% | 24.1% | 30.4% | ||
| Avg | 22.8% | 17.2% | 17.2% | ||
| Low | 19.0% | 11.3% | -5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.50 | 0.90 | 1.17 | ||
| Avg | 0.47 | 0.70 | 0.99 | ||
| Low | 0.44 | 0.58 | 0.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 92.9% | 65.6% | ||
| Avg | - | 50.4% | 40.9% | ||
| Low | - | 23.5% | 3.0% |
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.