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

Analyst price target for SPT

Based on 12 analysts offering 12 month price targets for Sprout Social Inc.
Min Forecast
$40.00+24.73%
Avg Forecast
$54.25+69.16%
Max Forecast
$83.00+158.81%

Should I buy or sell SPT stock?

Based on 12 analysts offering ratings for Sprout Social Inc.
Buy
Strong Buy
6 analysts 50%
Buy
2 analysts 16.67%
Hold
4 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SPT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-16
lockedlocked$00.00+00.00%2024-05-06
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
Barclays
Top 1%
100
Strong BuyMaintains$50.00+55.91%2024-05-03
Oppenheimer
Top 11%
90
BuyMaintains$43.00+34.08%2024-05-03
Baird
Top 12%
89
HoldDowngrades$45.00+40.32%2024-05-03
Piper Sandler
Top 26%
75
HoldDowngrades$40.00+24.73%2024-05-03
KeyBanc
Bottom 3%
3
Strong BuyInitiates Coverage On$83.00+158.81%2024-03-21

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Forecast return on equity

Is SPT forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
28.09%

Forecast return on assets

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

SPT revenue forecast

What is SPT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$408.5M+15.01%
Avg 2 year Forecast
$491.8M+38.46%
Avg 3 year Forecast
$626.9M+76.47%
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
19.98%
Industry
14.42%
Market
10.01%
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$32.07$54.25+69.16%Buy
PD$19.94$27.57+38.27%Buy
UPBD$31.64$42.00+32.74%Strong Buy
SPNS$34.23$35.33+3.22%Hold
PAR$49.65$56.00+12.79%Buy

Sprout Social Stock Forecast FAQ

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

The consensus among 12 Wall Street analysts covering (NASDAQ: SPT) stock is to Buy SPT stock.

Out of 12 analysts, 6 (50%) are recommending SPT as a Strong Buy, 2 (16.67%) are recommending SPT as a Buy, 4 (33.33%) 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 19.98% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.42%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.01%.

Sprout Social's revenue in 2024 is $355,215,000.On average, 7 Wall Street analysts forecast SPT's revenue for 2024 to be $23,096,794,769, with the lowest SPT revenue forecast at $22,909,201,652, and the highest SPT revenue forecast at $24,102,153,663. On average, 7 Wall Street analysts forecast SPT's revenue for 2025 to be $27,807,372,148, with the lowest SPT revenue forecast at $26,295,828,451, and the highest SPT revenue forecast at $31,061,982,694.

In 2026, SPT is forecast to generate $35,440,851,569 in revenue, with the lowest revenue forecast at $31,780,015,421 and the highest revenue forecast at $40,628,213,986.

What is SPT's forecast return on assets (ROA) for 2024-2027?

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

What is SPT's Price Target?

According to 12 Wall Street analysts that have issued a 1 year SPT price target, the average SPT price target is $54.25, with the highest SPT stock price forecast at $83.00 and the lowest SPT stock price forecast at $40.00.

On average, Wall Street analysts predict that Sprout Social's share price could reach $54.25 by May 16, 2025. The average Sprout Social stock price prediction forecasts a potential upside of 69.16% from the current SPT share price of $32.07.

What is SPT's forecast return on equity (ROE) for 2024-2027?

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