Analysts Issue Forecasts for Sprout Social FY2025 Earnings

Sprout Social, Inc. (NASDAQ:SPT) – Stock analysts at Cantor Fitzgerald upped their FY2025 earnings estimates for Sprout Social in a report issued on Monday, November 10th. Cantor Fitzgerald analyst M. Vanvliet now anticipates that the company will post earnings per share of ($0.64) for the year, up from their prior forecast of ($0.67). The consensus estimate for Sprout Social’s current full-year earnings is ($0.99) per share. Cantor Fitzgerald also issued estimates for Sprout Social’s FY2026 earnings at ($0.67) EPS.

Sprout Social (NASDAQ:SPT) last posted its earnings results on Wednesday, November 5th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.16 by $0.07. The firm had revenue of $115.59 million for the quarter, compared to analysts’ expectations of $114.86 million. Sprout Social had a negative net margin of 10.59% and a negative return on equity of 18.93%. The company’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.13 EPS. Sprout Social has set its FY 2025 guidance at 0.770-0.790 EPS. Q4 2025 guidance at 0.150-0.170 EPS.

SPT has been the subject of several other research reports. Canaccord Genuity Group reduced their price objective on shares of Sprout Social from $25.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a research report on Wednesday, October 8th. Oppenheimer decreased their price objective on Sprout Social from $32.00 to $23.00 and set an “outperform” rating on the stock in a report on Thursday, August 7th. The Goldman Sachs Group cut their price target on shares of Sprout Social from $24.00 to $21.00 and set a “neutral” rating on the stock in a report on Thursday, August 7th. Finally, Zacks Research cut shares of Sprout Social from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Sprout Social presently has an average rating of “Hold” and a consensus price target of $26.55.

Sprout Social Stock Performance

Shares of SPT opened at $10.34 on Wednesday. The firm has a market cap of $608.10 million, a PE ratio of -12.77 and a beta of 0.88. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.89 and a quick ratio of 0.89. The stock’s fifty day moving average price is $12.34 and its two-hundred day moving average price is $16.93. Sprout Social has a 1 year low of $9.46 and a 1 year high of $36.30.

Insider Activity

In related news, insider Justyn Russell Howard sold 20,000 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $10.22, for a total value of $204,400.00. Following the completion of the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $75,801.74. This represents a 72.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 70,566 shares of company stock valued at $899,581 in the last ninety days. 10.12% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sprout Social

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Sprout Social by 11.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,976 shares of the company’s stock worth $373,000 after buying an additional 1,703 shares during the last quarter. Fox Run Management L.L.C. acquired a new position in Sprout Social in the 2nd quarter valued at $880,000. Jennison Associates LLC increased its holdings in shares of Sprout Social by 8.7% in the 2nd quarter. Jennison Associates LLC now owns 2,392,450 shares of the company’s stock valued at $50,026,000 after purchasing an additional 192,007 shares in the last quarter. RedJay Asset Management Inc. grew its holdings in Sprout Social by 40.0% during the 2nd quarter. RedJay Asset Management Inc. now owns 140,000 shares of the company’s stock valued at $2,927,000 after buying an additional 40,000 shares during the last quarter. Finally, Cubist Systematic Strategies LLC increased its stake in Sprout Social by 633.2% in the first quarter. Cubist Systematic Strategies LLC now owns 85,056 shares of the company’s stock valued at $1,870,000 after purchasing an additional 73,456 shares during the last quarter.

About Sprout Social

Sprout Social, Inc designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.