Zacks Research Upgrades Sprout Social (NASDAQ:SPT) to Strong-Buy

Posted by Francis Steltz on Aug 12th, 2026

Sprout Social (NASDAQ:SPT – Get Free Report) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

A number of other research firms have also recently issued reports on SPT. KeyCorp raised their target price on shares of Sprout Social from $6.00 to $7.00 and gave the stock an “underweight” rating in a research note on Friday. Barclays upped their price target on shares of Sprout Social from $9.00 to $12.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $10.86.

Read Our Latest Stock Analysis on Sprout Social

Sprout Social Stock Down 1.5%

SPT stock opened at $9.90 on Monday. Sprout Social has a 1-year low of $4.92 and a 1-year high of $16.03. The business’s 50 day simple moving average is $7.91 and its 200 day simple moving average is $7.10. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $595.09 million, a PE ratio of -19.80 and a beta of 0.97.

Sprout Social (NASDAQ:SPT – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.10. Sprout Social had a negative return on equity of 9.06% and a negative net margin of 6.13%.The business had revenue of $123.85 million during the quarter, compared to the consensus estimate of $122.19 million. Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. As a group, research analysts anticipate that Sprout Social will post -0.27 EPS for the current year.

Insider Transactions at Sprout Social

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $8.28, for a total value of $331,200.00. Following the transaction, the insider directly owned 7,417 shares of the company’s stock, valued at $61,412.76. This represents a 84.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sprout Social

A number of institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Sprout Social by 4.2% in the fourth quarter. Vanguard Group Inc. now owns 6,822,928 shares of the company’s stock valued at $76,894,000 after acquiring an additional 274,527 shares in the last quarter. Pale Fire Capital SE acquired a new stake in Sprout Social in the 1st quarter worth about $1,960,000. Nano Cap New Millennium Growth Fund L P acquired a new stake in Sprout Social in the 4th quarter worth about $2,564,000. Brighton Jones LLC boosted its holdings in Sprout Social by 391.7% in the 4th quarter. Brighton Jones LLC now owns 35,985 shares of the company’s stock valued at $1,105,000 after purchasing an additional 28,667 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Sprout Social by 46.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 442,496 shares of the company’s stock valued at $2,522,000 after purchasing an additional 141,258 shares during the period.

Sprout Social Company Profile

(Get Free Report)

Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes. The company provides a cloud-based platform designed to help organizations improve their social media presence through a suite of tools for content scheduling, community engagement, social listening and analytics. Sprout Social’s platform is built to streamline the workflows of marketing, customer care and public relations teams by providing a centralized hub for managing multiple social channels.

The company’s product offerings include publishing and scheduling capabilities that allow users to plan and automate social content across networks such as Facebook, Instagram, Twitter, LinkedIn and Pinterest.