Sprout Social, Inc. (SPT)
NASDAQ: SPT · IEX Real-Time Price · USD
60.58
+0.51 (0.85%)
Mar 28, 2024, 12:51 PM EDT - Market open
Sprout Social Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Sprout Social stock have an average target of 71.5, with a low estimate of 55 and a high estimate of 83. The average target predicts an increase of 18.03% from the current stock price of 60.58.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Sprout Social stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
Buy | 6 | 6 | 6 | 6 | 6 | 7 |
Hold | 3 | 3 | 3 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 14 | 14 | 12 | 13 | 14 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Keybanc | Keybanc | Buy Initiates $83 | Buy | Initiates | $83 | +37.01% | Mar 21, 2024 |
Barclays | Barclays | Buy Maintains $75 → $72 | Buy | Maintains | $75 → $72 | +18.85% | Feb 21, 2024 |
Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $74 | Buy | Reiterates | $74 | +22.15% | Feb 21, 2024 |
Piper Sandler | Piper Sandler | Buy Maintains $62 → $66 | Buy | Maintains | $62 → $66 | +8.95% | Feb 21, 2024 |
Canaccord Genuity | Canaccord Genuity | Strong Buy Reiterates $70 | Strong Buy | Reiterates | $70 | +15.55% | Feb 21, 2024 |
Financial Forecast
Revenue This Year
430.02M
from 333.64M
Increased by 28.89%
Revenue Next Year
546.70M
from 430.02M
Increased by 27.13%
EPS This Year
0.23
from -1.19
EPS Next Year
0.54
from 0.23
Increased by 135.71%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 448.8M | 576.9M | 754.5M | 1.0B |
Avg | 430.0M | 546.7M | 707.9M | 994.8M |
Low | 416.8M | 518.1M | 679.1M | 965.2M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
High | 34.5% | 34.1% | 38.0% | 46.1% |
Avg | 28.9% | 27.1% | 29.5% | 40.5% |
Low | 24.9% | 20.5% | 24.2% | 36.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 0.25 | 0.83 | 1.48 |
Avg | 0.23 | 0.54 | 1.10 |
Low | 0.21 | 0.40 | 0.80 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | - | 261.5% | 173.8% |
Avg | - | 135.7% | 103.1% |
Low | - | 75.1% | 48.6% |
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.