William Blair Has Positive View of Sprout Social Q1 Earnings

Sprout Social, Inc. (NASDAQ:SPT - Free Report) - William Blair upped their Q1 2025 earnings per share estimates for shares of Sprout Social in a research report issued to clients and investors on Wednesday, February 26th. William Blair analyst A. Bhatia now forecasts that the company will post earnings per share of ($0.24) for the quarter, up from their previous estimate of ($0.26). The consensus estimate for Sprout Social's current full-year earnings is ($0.99) per share. William Blair also issued estimates for Sprout Social's Q2 2025 earnings at ($0.23) EPS, Q4 2025 earnings at ($0.18) EPS, FY2025 earnings at ($0.89) EPS, Q1 2026 earnings at ($0.23) EPS, Q2 2026 earnings at ($0.23) EPS, Q3 2026 earnings at ($0.22) EPS, Q4 2026 earnings at ($0.16) EPS and FY2026 earnings at ($0.85) EPS.

A number of other equities research analysts have also recently weighed in on SPT. Stifel Nicolaus reduced their price objective on Sprout Social from $45.00 to $34.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. Scotiabank reduced their price objective on Sprout Social from $28.00 to $25.00 and set a "sector perform" rating for the company in a research note on Thursday, February 27th. Canaccord Genuity Group reduced their price objective on Sprout Social from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, February 26th. Jefferies Financial Group boosted their target price on Sprout Social from $34.00 to $42.00 and gave the company a "buy" rating in a report on Monday, February 3rd. Finally, The Goldman Sachs Group dropped their target price on Sprout Social from $34.00 to $29.00 and set a "neutral" rating on the stock in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $33.85.

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Sprout Social Stock Performance

NASDAQ SPT traded down $1.15 on Monday, reaching $25.56. The stock had a trading volume of 876,066 shares, compared to its average volume of 613,653. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.96 and a current ratio of 0.96. Sprout Social has a 12-month low of $25.05 and a 12-month high of $62.34. The business's 50-day moving average price is $31.05 and its 200 day moving average price is $30.32. The stock has a market cap of $1.47 billion, a P/E ratio of -21.30 and a beta of 1.11.

Sprout Social (NASDAQ:SPT - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of $0.15 by ($0.35). Sprout Social had a negative net margin of 17.24% and a negative return on equity of 40.94%. The firm had revenue of $107.09 million during the quarter, compared to analysts' expectations of $106.74 million.

Insider Buying and Selling

In related news, CEO Ryan Paul Barretto sold 16,800 shares of the company's stock in a transaction on Monday, December 30th. The stock was sold at an average price of $30.99, for a total transaction of $520,632.00. Following the transaction, the chief executive officer now owns 153,375 shares of the company's stock, valued at $4,753,091.25. This represents a 9.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Justyn Russell Howard sold 40,000 shares of the business's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $31.67, for a total value of $1,266,800.00. Following the sale, the insider now owns 27,136 shares in the company, valued at approximately $859,397.12. The trade was a 59.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 106,800 shares of company stock valued at $3,413,532 over the last quarter. Company insiders own 10.97% of the company's stock.

Institutional Trading of Sprout Social

A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Sprout Social by 2.5% during the fourth quarter. Vanguard Group Inc. now owns 5,886,167 shares of the company's stock worth $180,764,000 after purchasing an additional 141,141 shares in the last quarter. Cadian Capital Management LP boosted its position in Sprout Social by 6.1% during the fourth quarter. Cadian Capital Management LP now owns 4,548,323 shares of the company's stock worth $139,679,000 after purchasing an additional 263,267 shares in the last quarter. Wellington Management Group LLP boosted its position in Sprout Social by 16.0% during the third quarter. Wellington Management Group LLP now owns 3,762,443 shares of the company's stock worth $109,374,000 after purchasing an additional 519,406 shares in the last quarter. Dorsey Asset Management LLC boosted its position in Sprout Social by 16.7% during the fourth quarter. Dorsey Asset Management LLC now owns 2,306,149 shares of the company's stock worth $70,822,000 after purchasing an additional 330,155 shares in the last quarter. Finally, Jennison Associates LLC lifted its position in shares of Sprout Social by 0.3% in the fourth quarter. Jennison Associates LLC now owns 2,171,567 shares of the company's stock valued at $66,689,000 after acquiring an additional 7,311 shares in the last quarter.

Sprout Social Company Profile

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.