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.
Sprout Social stock last closed at $49.60, up 1.64% from the previous day, and has decreased 17.02% in one year. It has underperformed other stocks in the Software - Application industry by 0.26 percentage points. Sprout Social stock is currently +34.05% from its 52-week low of $37.00, and -33.04% from its 52-week high of $74.07.
There are currently 55.73M SPT shares outstanding. The market cap of SPT is $2.76B. In the last 24 hours, 914,620 SPT shares were traded.
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Once you have selected the best place to buy Sprout Social stock, it's important to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.
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You can view all of the due diligence checks on SPT's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge SPT's intrinsic value.
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You can do additional valuation analysis on SPT's stock here.
Out of 9 Equities analysts who research SPT, the consensus analyst rating on Sprout Social is a Strong Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Scott Berg, a bottom 28% analyst from Needham reiterates SPT with a buy rating and maintains their SPT price target from $75.00 to $75.00, on Sep 15, 2023.
Elizabeth Porter, a bottom 10% analyst from Morgan Stanley maintains SPT with a hold rating and raises their SPT price target from $52.00 to $55.00, on Aug 7, 2023.
Clarke Jeffries, a bottom 4% analyst from Piper Sandler reiterates SPT with a strong buy rating and maintains their SPT price target from $56.00 to $56.00, on Aug 7, 2023.
Josh Beck, a top 3% analyst from KeyBanc maintains SPT with a strong buy rating and raises their SPT price target from $58.00 to $67.00, on Aug 2, 2023.
KeyBanc's Josh Beck raised their price target on Sprout Social Inc (NASDAQ: SPT) by 15.52% from $58.00 to $67.00 on 2023/08/02. The analyst maintained their Strong Buy rating on the stock.
The analyst’s update arrived following KeyBanc's channel checks on the Software and FinTech sector and before Sprout Social's Q2 2023 earnings report on 2023/08/03.
Their firm's "CIO survey" revealed that front-office and social media management are holding "steady," Beck reported.
Yahoo Finance reports that the current consensus estimate for the company's Q2 is a loss per share of $0.02 which, if achieved, would represent a 50% improvement over Q2 2022's $(0.04).
Christopher Merwin, a bottom 10% analyst from Goldman Sachs initiates coverage on SPT with a strong buy rating and announces their SPT price target of $61.00, on Jul 6, 2023.
You can dive deeper into what analysts are saying on the Sprout Social stock forecast page.
Last year, SPT revenue was $289.49M. During the past three year, SPT's revenue has grown by 114.09% per year. This was faster than the Software - Application industry average of 32.17%.
Dive into SPT's earnings and revenue performance here.
In the last 12 months, executives and large shareholders at SPT have sold more shares than they have bought.
Justyn Russell Howard, Chairman and CEO of SPT, was the latest SPT insider to sell. They sold $226,576.68 worth of SPT stock on Sep 6, 2023.
Get more info about who owns SPT stock here.
No, Sprout Social doesn't provide an income stream by paying out dividends.
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