Sprout Social (NASDAQ:SPT – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.110-1.150 for the period, compared to the consensus EPS estimate of 0.680. The company issued revenue guidance of $493.0 million-$495.6 million, compared to the consensus revenue estimate of $494.4 million. Sprout Social also updated its Q3 2026 guidance to 0.290-0.300 EPS.
Sprout Social Trading Up 26.3%
Shares of NASDAQ SPT traded up $2.15 during midday trading on Friday, reaching $10.34. 3,394,785 shares of the stock were exchanged, compared to its average volume of 954,699. The stock has a market capitalization of $621.54 million, a P/E ratio of -20.68 and a beta of 0.97. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.95 and a current ratio of 0.95. The company has a 50 day simple moving average of $7.83 and a 200 day simple moving average of $7.11. Sprout Social has a twelve month low of $4.92 and a twelve month high of $16.03.
Sprout Social (NASDAQ:SPT – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. The firm had revenue of $123.85 million for the quarter, compared to analysts’ expectations of $122.19 million. Sprout Social had a negative return on equity of 9.06% and a negative net margin of 6.13%.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, equities analysts expect that Sprout Social will post -0.31 earnings per share for the current year.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Sprout Social
Insider Transactions at Sprout Social
In related news, insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $8.28, for a total transaction of $331,200.00. Following the completion of the transaction, the insider directly owned 7,417 shares in the company, valued at $61,412.76. This trade represents a 84.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 9.60% of the company’s stock.
Key Stories Impacting Sprout Social
Here are the key news stories impacting Sprout Social this week:
- Positive Sentiment: Sprout Social reported second-quarter revenue of approximately $123.85 million, ahead of the $122.19 million analyst consensus. Adjusted earnings were $0.26 per share, beating estimates of $0.16 and improving from $0.18 a year earlier. Sprout Social Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Management issued notably stronger profitability guidance: third-quarter adjusted EPS of $0.29-$0.30 versus a $0.18 consensus, and full-year 2026 EPS of $1.11-$1.15 versus expectations of $0.68. Full-year revenue guidance of $493.0-$495.6 million was broadly in line with the $494.4 million consensus. Sprout Social Earnings and Guidance
- Positive Sentiment: The earnings presentation and call emphasized continued growth among larger customers, with subscription revenue contribution from customers generating at least $30,000 in annual recurring revenue rising 20% year over year. AI product investment and customer upselling support the case for stronger monetization and operating leverage. Sprout Social Announces Second Quarter 2026 Financial Results
- Neutral Sentiment: Although adjusted results were profitable, Sprout Social remained unprofitable under GAAP, recording an operating loss of approximately $2.7 million and a net loss of $3.1 million. Operating cash flow was positive at $8.5 million, with $119.9 million in cash and equivalents. Sprout Social Q2 2026 Results
- Negative Sentiment: Recent insider activity remains a potential overhang: insiders reported eight sales and no purchases over the past six months, including sales by the executive chair and CFO. This may raise concerns about insider confidence despite the strong quarterly outlook.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Invesco Ltd. increased its stake in Sprout Social by 38.6% during the 4th quarter. Invesco Ltd. now owns 76,775 shares of the company’s stock worth $865,000 after buying an additional 21,399 shares during the period. State of Tennessee Department of Treasury lifted its holdings in Sprout Social by 228.3% during the 4th quarter. State of Tennessee Department of Treasury now owns 38,071 shares of the company’s stock worth $429,000 after buying an additional 26,474 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in Sprout Social during the fourth quarter worth approximately $114,000. Mackenzie Financial Corp boosted its holdings in shares of Sprout Social by 225.9% in the 4th quarter. Mackenzie Financial Corp now owns 126,143 shares of the company’s stock valued at $1,435,000 after buying an additional 87,434 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in Sprout Social in the fourth quarter valued at $440,000.
About Sprout Social
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.
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