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NASDAQ: SPT
Sprout Social Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SPT

Based on 11 analysts offering 12 month price targets for Sprout Social Inc.
Min Forecast
$65.00+26.48%
Avg Forecast
$73.46+42.94%
Max Forecast
$83.00+61.51%

Should I buy or sell SPT stock?

Based on 11 analysts offering ratings for Sprout Social Inc.
Strong Buy
Strong Buy
8 analysts 72.73%
Buy
2 analysts 18.18%
Hold
1 analysts 9.09%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their SPT stock forecasts and price targets.

SPT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22
lockedlocked$00.00+00.00%2024-04-18
lockedlocked$00.00+00.00%2024-04-17
lockedlocked$00.00+00.00%2024-03-21
lockedlocked$00.00+00.00%2024-02-21
Cantor Fitzgerald
Bottom 3%
3
Strong BuyReiterates$74.00+44.00%2024-02-21
Canaccord Genuity
Top 10%
91
Strong BuyReiterates$70.00+36.21%2024-02-21
Piper Sandler
Bottom 12%
12
Strong BuyMaintains$66.00+28.43%2024-02-21
Jefferies
Top 17%
84
Strong BuyInitiates Coverage On$76.00+47.89%2024-02-07
Goldman Sachs
Bottom 9%
9
Strong BuyMaintains$81.00+57.62%2024-01-24

1 of 2

Forecast return on equity

Is SPT forecast to generate an efficient return?
Company
N/A
Industry
0.29%
Market
19.19%

Forecast return on assets

Is SPT forecast to generate an efficient return on assets?
Company
N/A
Industry
0.19%

SPT revenue forecast

What is SPT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$425.5M+27.54%
Avg 2 year Forecast
$540.5M+61.99%
Avg 3 year Forecast
$692.9M+107.67%
SPT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SPT revenue growth forecast

How is SPT forecast to perform vs Software - Application companies and vs the US market?
Company
28.58%
Industry
13.86%
Market
9.08%
SPT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SPT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SPT vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
SPT$51.39$73.46+42.94%Strong Buy
INST$19.65$29.67+50.98%Strong Buy
SRAD$9.57$14.08+47.16%Buy
GBTG$6.00$7.50+25.00%Buy
RNG$30.64$38.00+24.02%Buy
View Top App Stocks

Sprout Social Stock Forecast FAQ

Is Sprout Social Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NASDAQ: SPT) stock is to Strong Buy SPT stock.

Out of 11 analysts, 8 (72.73%) are recommending SPT as a Strong Buy, 2 (18.18%) are recommending SPT as a Buy, 1 (9.09%) are recommending SPT as a Hold, 0 (0%) are recommending SPT as a Sell, and 0 (0%) are recommending SPT as a Strong Sell.

If you're new to stock investing, here's how to buy Sprout Social stock.

What is SPT's revenue growth forecast for 2024-2026?

(NASDAQ: SPT) Sprout Social's forecast annual revenue growth rate of 28.58% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 13.86%, and it is also forecast to beat the US market's average forecast revenue growth rate of 9.08%.

Sprout Social's revenue in 2024 is $333,643,000.On average, 7 Wall Street analysts forecast SPT's revenue for 2024 to be $23,935,579,147, with the lowest SPT revenue forecast at $23,922,079,102, and the highest SPT revenue forecast at $23,979,454,292. On average, 7 Wall Street analysts forecast SPT's revenue for 2025 to be $30,402,156,779, with the lowest SPT revenue forecast at $29,739,473,338, and the highest SPT revenue forecast at $30,903,852,188.

In 2026, SPT is forecast to generate $38,974,066,374 in revenue, with the lowest revenue forecast at $38,272,626,554 and the highest revenue forecast at $40,421,383,660.

What is SPT's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: SPT) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.19%.

What is SPT's Price Target?

According to 11 Wall Street analysts that have issued a 1 year SPT price target, the average SPT price target is $73.46, with the highest SPT stock price forecast at $83.00 and the lowest SPT stock price forecast at $65.00.

On average, Wall Street analysts predict that Sprout Social's share price could reach $73.46 by Apr 22, 2025. The average Sprout Social stock price prediction forecasts a potential upside of 42.94% from the current SPT share price of $51.39.

What is SPT's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: SPT) forecast ROE is N/A, which is considered weak.
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