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
Target Low Average Median High
Price $55 $71.5 $74 $83
Change -9.21% +18.03% +22.15% +37.01%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 555566
Buy 666667
Hold 333111
Sell 000000
Strong Sell 000000
Total 141414121314

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
More Analyst Ratings

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%
Year 201920202021202220232024202520262027
Revenue
102.71M132.95M187.86M253.83M333.64M430.02M546.70M707.93M994.75M
Revenue Growth
30.32%29.44%41.30%35.12%31.44%28.89%27.13%29.49%40.52%
EPS
-2.54-0.62-0.53-0.92-1.190.230.541.10-
EPS Growth
------135.71%103.10%-
No. Analysts -----131252
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
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 2024202520262027
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 202420252026
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 202420252026
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.