Sprout Social (SPT) Stock Forecast, Price Target & Predictions

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SPT Stock Forecast

Sprout Social stock forecast is as follows: an average price target of $65.00 (represents a 119.37% upside from SPT’s last price of $29.63) and a rating consensus of 'Buy', based on 10 wall street analysts offering a 1-year stock forecast.

SPT Price Target

The average price target for Sprout Social (SPT) is $65.00 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $150.00 to $28.00. This represents a potential 119.37% upside from SPT's last price of $29.63.

SPT Analyst Ratings

Buy

According to 10 Wall Street analysts, Sprout Social's rating consensus is 'Buy'. The analyst rating breakdown for SPT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (50.00%), 4 'Hold' (40.00%), 1 'Sell' (10.00%), and 0 'Strong Sell' (0.00%).

Sprout Social Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 20, 2024	Ron Oliver	Robert W. Baird	$34.00	$29.02	17.16%	14.75%
Aug 22, 2024	Michael Zaremski	BMO Capital	$90.00	$32.29	178.72%	203.75%
Aug 22, 2024	Jackson Ader	KeyBanc	$28.00	$33.92	-17.45%	-5.50%
Jun 27, 2024	Ron Oliver	Robert W. Baird	$38.00	$33.92	12.01%	28.25%
May 03, 2024	Adam Hotchkiss	Goldman Sachs	$44.00	$48.15	-8.62%	48.50%
May 03, 2024	Brett Knoblauch	Cantor Fitzgerald	$46.00	$48.15	-4.47%	55.25%
May 03, 2024	Clarke Jeffries	Piper Sandler	$40.00	$48.15	-16.93%	35.00%
May 03, 2024	Rob Oliver	Robert W. Baird	$45.00	$48.15	-6.54%	51.87%
Apr 17, 2024	Brian Schwartz	Oppenheimer	$76.00	$52.16	45.71%	156.50%
Mar 20, 2024	Jackson Ader	KeyBanc	$83.00	$57.33	44.78%	180.12%

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The latest Sprout Social stock forecast, released on Sep 20, 2024 by Ron Oliver from Robert W. Baird, set a price target of $34.00, which represents a 17.16% increase from the stock price at the time of the forecast ($29.02), and a 14.75% increase from SPT last price ($29.63).

Sprout Social Price Target by Period

	1M	3M	12M
# Anlaysts	-	3	10
Avg Price Target	-	$50.67	$52.40
Last Closing Price	$29.63	$29.63	$29.63
Upside/Downside	-100.00%	71.01%	76.85%

In the current month, the average price target of Sprout Social stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Sprout Social's last price of $29.63. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Nov 06, 2024	Canaccord Genuity	Buy	Buy	Hold
Oct 11, 2024	Cantor Fitzgerald	Underperform	Underperform	Hold
Oct 11, 2024	Needham	Buy	Buy	Hold
Aug 27, 2024	KeyBanc	Underweight	Underweight	Hold
Aug 22, 2024	Telsey Advisory	-	Market Perform	Downgrade
Aug 22, 2024	Needham	Buy	Buy	Hold
Aug 22, 2024	KeyBanc	Sector Weight	Underweight	Downgrade
Jul 24, 2024	Piper Sandler	Buy	Buy	Hold
Jul 24, 2024	Oppenheimer	Underperform	Underperform	Hold
Jun 07, 2024	Piper Sandler	Buy	Buy	Hold

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Sprout Social's last stock rating was published by Canaccord Genuity on Nov 06, 2024. The company gave SPT a "Buy" rating, the same as its previous rate.

Sprout Social Financial Forecast

Sprout Social Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$85.53M	$79.31M	$75.21M	$69.66M	$65.31M	$61.43M	$57.43M	$53.27M	$49.09M	$44.69M	$40.82M	$37.35M	$33.67M	$31.40M	$30.54M	$28.14M
Avg Forecast	$140.16M	$135.00M	$130.79M	$126.97M	$123.32M	$118.11M	$113.87M	$110.25M	$106.74M	$102.04M	$98.70M	$97.36M	$90.76M	$84.21M	$78.73M	$75.08M	$69.80M	$64.99M	$60.25M	$56.24M	$51.28M	$47.37M	$43.07M	$39.72M	$35.87M	$33.01M	$31.19M	$29.17M	$27.28M
High Forecast	$140.76M	$135.58M	$131.35M	$127.51M	$123.85M	$118.62M	$114.36M	$110.79M	$107.08M	$102.04M	$98.70M	$97.36M	$91.60M	$84.71M	$79.06M	$75.40M	$70.10M	$64.99M	$60.25M	$56.24M	$51.28M	$47.37M	$43.07M	$39.72M	$35.87M	$33.01M	$31.19M	$29.17M	$27.28M
Low Forecast	$139.42M	$134.29M	$130.10M	$126.30M	$122.67M	$117.49M	$113.27M	$109.31M	$106.55M	$102.03M	$98.70M	$97.36M	$90.47M	$84.06M	$78.31M	$74.68M	$69.43M	$64.99M	$60.25M	$56.24M	$51.28M	$47.37M	$43.07M	$39.72M	$35.87M	$33.01M	$31.19M	$29.17M	$27.28M
# Analysts	3	3	4	5	4	5	2	7	9	4	4	4	5	12	9	9	5	5	5	5	6	6	6	6	9	9	9	9	5
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	1.01%	1.00%	1.00%	1.00%	1.02%	1.02%	1.04%	1.04%	1.04%	1.03%	1.04%	1.02%	1.01%	1.05%	1.03%

Sprout Social's average Quarter revenue forecast for Dec 23 based on 5 analysts is $90.76M, with a low forecast of $90.47M, and a high forecast of $91.60M. SPT's average Quarter revenue forecast represents a 6.11% increase compared to the company's last Quarter revenue of $85.53M (Sep 23).

Sprout Social EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
# Analysts	3	3	4	5	4	5	2	7	9	4	4	4	5	12	9	9	5	5	5	5	6	6	6	6	9	9	9	9	5
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$-20.45M	$-14.92M	$-8.69M	$-10.48M	$-12.50M	$-13.35M	$-8.46M	$-8.56M	$-5.67M	$-4.15M	$-5.10M	$-4.56M	$-5.58M	$-6.75M	$-8.99M	$-24.44M
Avg Forecast	$-29.74M	$-28.65M	$-27.75M	$-26.94M	$-26.17M	$-25.06M	$-24.16M	$-23.39M	$-22.65M	$-21.65M	$-20.94M	$-9.78M	$-19.26M	$-17.87M	$-16.71M	$-8.89M	$-12.11M	$-13.79M	$-12.79M	$-8.08M	$-10.88M	$-10.05M	$-9.14M	$-6.88M	$-7.61M	$-7.00M	$-6.62M	$-11.99M	$-30.90M
High Forecast	$-29.58M	$-28.49M	$-27.61M	$-26.80M	$-26.03M	$-24.93M	$-24.03M	$-23.19M	$-22.61M	$-21.65M	$-20.94M	$-7.82M	$-19.20M	$-17.84M	$-16.62M	$-7.11M	$-9.69M	$-13.79M	$-12.79M	$-6.46M	$-10.88M	$-10.05M	$-9.14M	$-5.51M	$-7.61M	$-7.00M	$-6.62M	$-9.59M	$-24.72M
Low Forecast	$-29.87M	$-28.77M	$-27.87M	$-27.06M	$-26.28M	$-25.17M	$-24.27M	$-23.51M	$-22.72M	$-21.65M	$-20.94M	$-11.73M	$-19.44M	$-17.98M	$-16.78M	$-10.67M	$-14.53M	$-13.79M	$-12.79M	$-9.70M	$-10.88M	$-10.05M	$-9.14M	$-8.26M	$-7.61M	$-7.00M	$-6.62M	$-14.39M	$-37.09M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.14%	0.89%	0.98%	0.87%	0.91%	1.04%	1.05%	0.79%	0.56%	0.45%	0.74%	0.60%	0.80%	1.02%	0.75%	0.79%

undefined analysts predict SPT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Sprout Social's previous annual EBITDA (undefined) of $NaN.

Sprout Social Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
# Analysts	3	3	4	5	4	5	2	7	9	4	4	4	5	12	9	9	5	5	5	5	6	6	6	6	9	9	9	9	5
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$-23.01M	$-13.09M	$-10.25M	$-11.94M	$-13.93M	$-14.61M	$-9.76M	$-9.90M	$-6.99M	$-5.44M	$-6.37M	$-5.88M	$-7.00M	$-8.30M	$-10.48M	$-25.85M
Avg Forecast	$16.01M	$14.34M	$13.35M	$12.55M	$11.90M	$10.29M	$9.01M	$8.24M	$8.67M	$6.86M	$4.50M	$-11.11M	$222.20K	$-1.86M	$-1.05M	$-10.10M	$-14.00M	$-2.12M	$-3.30M	$-9.18M	$-3.98M	$-4.40M	$-5.56M	$-8.60M	$-6.03M	$-6.80M	$-8.23M	$-13.97M	$-32.69M
High Forecast	$16.10M	$14.42M	$13.42M	$12.62M	$11.97M	$10.35M	$9.06M	$9.79M	$9.75M	$6.89M	$4.51M	$-8.89M	$223.44K	$-1.07M	$-1.04M	$-8.08M	$-11.20M	$-2.12M	$-3.30M	$-7.34M	$-3.98M	$-4.40M	$-5.56M	$-6.88M	$-6.03M	$-6.80M	$-8.23M	$-11.18M	$-26.15M
Low Forecast	$15.90M	$14.24M	$13.25M	$12.46M	$11.82M	$10.22M	$8.94M	$7.73M	$7.58M	$6.83M	$4.50M	$-13.33M	$220.68K	$-2.65M	$-1.05M	$-12.12M	$-16.80M	$-2.12M	$-3.30M	$-11.02M	$-3.98M	$-4.40M	$-5.56M	$-10.31M	$-6.03M	$-6.80M	$-8.23M	$-16.77M	$-39.23M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	12.37%	12.48%	1.02%	0.85%	6.57%	4.43%	1.06%	2.49%	1.59%	0.98%	0.74%	0.97%	1.03%	1.01%	0.75%	0.79%

Sprout Social's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. SPT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Sprout Social SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
# Analysts	3	3	4	5	4	5	2	7	9	4	4	4	5	12	9	9	5	5	5	5	6	6	6	6	9	9	9	9	5
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$69.48M	$57.04M	$52.39M	$50.67M	$48.10M	$45.45M	$39.98M	$37.48M	$33.03M	$29.83M	$28.77M	$25.72M	$24.12M	$23.71M	$25.99M	$36.27M
Avg Forecast	$106.95M	$103.01M	$99.80M	$96.88M	$94.10M	$90.13M	$86.89M	$84.12M	$81.45M	$77.86M	$75.31M	$45.53M	$69.25M	$64.26M	$60.07M	$41.39M	$53.00M	$49.59M	$45.98M	$37.63M	$39.13M	$36.15M	$32.86M	$38.84M	$27.37M	$25.19M	$23.80M	$22.26M	$20.82M
High Forecast	$107.41M	$103.45M	$100.23M	$97.30M	$94.50M	$90.51M	$87.26M	$84.54M	$81.71M	$77.86M	$75.31M	$54.64M	$69.89M	$64.64M	$60.33M	$49.67M	$63.60M	$49.59M	$45.98M	$45.16M	$39.13M	$36.15M	$32.86M	$46.60M	$27.37M	$25.19M	$23.80M	$22.26M	$20.82M
Low Forecast	$106.39M	$102.47M	$99.27M	$96.37M	$93.60M	$89.65M	$86.43M	$83.41M	$81.30M	$77.86M	$75.31M	$36.43M	$69.03M	$64.14M	$59.76M	$33.11M	$42.40M	$49.59M	$45.98M	$30.10M	$39.13M	$36.15M	$32.86M	$31.07M	$27.37M	$25.19M	$23.80M	$22.26M	$20.82M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08%	0.95%	1.27%	0.96%	0.97%	0.99%	1.06%	0.96%	0.91%	0.91%	0.74%	0.94%	0.96%	1.00%	1.17%	1.74%

Sprout Social's average Quarter SG&A projection for Dec 23 is $69.25M, based on 5 Wall Street analysts, with a range of $69.03M to $69.89M. The forecast indicates a -0.33% fall compared to SPT last annual SG&A of $69.48M (Sep 23).

Sprout Social EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
# Analysts	3	3	4	5	4	5	2	7	9	4	4	4	5	12	9	9	5	5	5	5	6	6	6	6	9	9	9	9	5
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.41	$-0.24	$-0.19	$-0.22	$-0.25	$-0.27	$-0.18	$-0.18	$-0.13	$-0.10	$-0.12	$-0.11	$-0.13	$-0.16	$-0.21	$-1.11
Avg Forecast	$0.28	$0.25	$0.23	$0.22	$0.21	$0.18	$0.16	$0.14	$0.15	$0.12	$0.08	$0.01	-	$-0.03	$-0.02	$-0.01	$-0.02	$-0.04	$-0.06	$-0.04	$-0.07	$-0.08	$-0.10	$-0.10	$-0.11	$-0.12	$-0.15	$-0.21	$-0.34
High Forecast	$0.28	$0.25	$0.23	$0.22	$0.21	$0.18	$0.16	$0.17	$0.17	$0.12	$0.08	$0.01	-	$-0.02	$-0.02	$-0.01	$-0.02	$-0.04	$-0.06	$-0.04	$-0.07	$-0.08	$-0.10	$-0.10	$-0.11	$-0.12	$-0.15	$-0.21	$-0.34
Low Forecast	$0.28	$0.25	$0.23	$0.22	$0.21	$0.18	$0.16	$0.14	$0.13	$0.12	$0.08	$0.01	-	$-0.05	$-0.02	$-0.01	$-0.02	$-0.04	$-0.06	$-0.04	$-0.07	$-0.08	$-0.10	$-0.10	$-0.11	$-0.12	$-0.15	$-0.21	$-0.34
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	12.60%	13.09%	26.12%	11.09%	6.68%	4.64%	4.40%	2.56%	1.68%	1.02%	1.18%	1.03%	1.08%	1.10%	1.02%	3.26%

According to undefined Wall Street analysts, Sprout Social's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to SPT previous annual EPS of $NaN (undefined).

Sprout Social Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SPT	Sprout Social	$29.63	$65.00	119.37%	Buy
DAVA	Endava	$26.74	$56.30	110.55%	Buy
PGNY	Progyny	$13.98	$25.29	80.90%	Hold
WK	Workiva	$92.18	$93.75	1.70%	Buy
GSHD	Goosehead Insurance	$120.43	$95.83	-20.43%	Buy
SITM	SiTime	$208.67	$155.00	-25.72%	Buy

SPT Forecast FAQ

Is Sprout Social a good buy?

Yes, according to 10 Wall Street analysts, Sprout Social (SPT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 50.00% of SPT's total ratings.

What is SPT's price target?

Sprout Social (SPT) average price target is $65 with a range of $28 to $150, implying a 119.37% from its last price of $29.63. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Sprout Social stock go up soon?

According to Wall Street analysts' prediction for SPT stock, the company can go up by 119.37% (from the last price of $29.63 to the average price target of $65), up by 406.24% based on the highest stock price target, and down by -5.50% based on the lowest stock price target.

Can Sprout Social stock reach $40?

SPT's average twelve months analyst stock price target of $65 supports the claim that Sprout Social can reach $40 in the near future.

What are Sprout Social's analysts' financial forecasts?

Sprout Social's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $465.55M (high $467.61M, low $462.74M), average EBITDA is $-98.786M (high $-98.188M, low $-99.223M), average net income is $39.45M (high $41.16M, low $38.72M), average SG&A $355.24M (high $356.81M, low $353.09M), and average EPS is $0.69 (high $0.72, low $0.677). SPT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $532.92M (high $535.2M, low $530.11M), average EBITDA is $-113M (high $-112M, low $-114M), average net income is $56.25M (high $56.56M, low $55.86M), average SG&A $406.65M (high $408.39M, low $404.5M), and average EPS is $0.984 (high $0.989, low $0.977).

Did the SPT's actual financial results beat the analysts' financial forecasts?

Based on Sprout Social's last annual report (Dec 2022), the company's revenue was $253.83M, beating the average analysts forecast of $251.29M by 1.01%. Apple's EBITDA was $-44.788M, missing the average prediction of $-46.764M by -4.22%. The company's net income was $-50.24M, beating the average estimation of $-28.603M by 75.65%. Apple's SG&A was $184.21M, missing the average forecast of $186.2M by -1.07%. Lastly, the company's EPS was $-0.92, beating the average prediction of $-0.156 by 488.47%. In terms of the last quarterly report (Sep 2023), Sprout Social's revenue was $85.53M, beating the average analysts' forecast of $84.21M by 1.57%. The company's EBITDA was $-20.452M, beating the average prediction of $-17.869M by 14.45%. Sprout Social's net income was $-23.013M, beating the average estimation of $-1.86M by 1137.23%. The company's SG&A was $69.48M, beating the average forecast of $64.26M by 8.13%. Lastly, the company's EPS was $-0.41, beating the average prediction of $-0.0325 by 1160.38%