FY2025 EPS Forecast for Sprout Social Increased by Analyst

Sprout Social, Inc. (NASDAQ:SPT) – Investment analysts at Cantor Fitzgerald increased their FY2025 earnings estimates for shares of Sprout Social in a report released on Monday, November 10th. Cantor Fitzgerald analyst M. Vanvliet now expects that the company will earn ($0.64) per share 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.

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

Sprout Social Price Performance

SPT opened at $10.34 on Wednesday. The stock has a market capitalization of $608.10 million, a P/E ratio of -12.77 and a beta of 0.88. Sprout Social has a one year low of $9.46 and a one year high of $36.30. 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 company’s 50 day simple moving average is $12.34 and its 200-day simple moving average is $16.93.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.07. The business had revenue of $115.59 million during the quarter, compared to the consensus estimate of $114.86 million. Sprout Social had a negative net margin of 10.59% and a negative return on equity of 18.93%. Sprout Social’s quarterly revenue was up 12.7% compared to the same quarter last year. During the same period in the prior 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.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Sprout Social by 391.7% in the fourth quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock worth $1,105,000 after purchasing an additional 28,667 shares in the last quarter. Teacher Retirement System of Texas bought a new position in Sprout Social in the 1st quarter valued at $363,000. Bank of New York Mellon Corp increased its position in shares of Sprout Social by 17.8% during the first quarter. Bank of New York Mellon Corp now owns 381,009 shares of the company’s stock worth $8,378,000 after acquiring an additional 57,632 shares during the period. Jennison Associates LLC raised its position in Sprout Social by 1.3% during the 1st quarter. Jennison Associates LLC now owns 2,200,443 shares of the company’s stock valued at $48,388,000 after purchasing an additional 28,876 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Sprout Social by 11.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,976 shares of the company’s stock valued at $373,000 after purchasing an additional 1,703 shares during the period.

Insider Activity

In other Sprout Social news, insider Justyn Russell Howard sold 20,000 shares of Sprout Social 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 transaction, the insider directly owned 7,417 shares of the company’s stock, valued at approximately $75,801.74. The trade was a 72.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders sold 70,566 shares of company stock valued at $899,581. 10.12% of the stock is owned by insiders.

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.