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 $50.67 (represents a 56.15% upside from SPT’s last price of $32.45) 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 $50.67 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $28.00. This represents a potential 56.15% upside from SPT's last price of $32.45.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 20, 2024Ron OliverRobert W. Baird$34.00$29.0217.16%4.78%
Aug 22, 2024Michael ZaremskiBMO Capital$90.00$32.29178.72%177.35%
Aug 22, 2024Jackson AderKeyBanc$28.00$33.92-17.45%-13.71%
Jun 27, 2024Ron OliverRobert W. Baird$38.00$33.9212.01%17.10%
May 03, 2024Adam HotchkissGoldman Sachs$44.00$48.15-8.62%35.59%
May 03, 2024Brett KnoblauchCantor Fitzgerald$46.00$48.15-4.47%41.76%
May 03, 2024Clarke JeffriesPiper Sandler$40.00$48.15-16.93%23.27%
May 03, 2024Rob OliverRobert W. Baird$45.00$48.15-6.54%38.67%
Apr 17, 2024Brian SchwartzOppenheimer$76.00$52.1645.71%134.21%
Mar 20, 2024Jackson AderKeyBanc$83.00$57.3344.78%155.78%
Dec 13, 2022Morgan Stanley$63.00$66.19-4.82%94.14%
Aug 15, 2022Rob OliverRobert W. Baird$76.00$66.1814.84%134.21%
Jul 27, 2022Clarke JeffriesPiper Sandler$76.00$51.0248.97%134.21%
Jul 26, 2022Elizabeth PorterMorgan Stanley$66.00$54.2421.68%103.39%
May 04, 2022Cantor Fitzgerald$80.00$62.6127.78%146.53%
May 04, 2022Barclays$79.00$62.6126.18%143.45%
Apr 10, 2022Brett KnoblauchCantor Fitzgerald$99.00$72.4036.74%205.08%
Nov 04, 2021Alexandra RossBerenberg Bank$150.00$125.4819.54%362.25%

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 4.78% increase from SPT last price ($32.45).

Sprout Social Price Target by Period


1M3M12M
# Anlaysts-110
Avg Price Target-$34.00$52.40
Last Closing Price$32.45$32.45$32.45
Upside/Downside-100.00%4.78%61.48%

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 $32.45. 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


DateCompanyPrevious RatingNew RatingRating Change
Nov 06, 2024Canaccord GenuityBuyBuyHold
Oct 11, 2024Cantor FitzgeraldUnderperformUnderperformHold
Oct 11, 2024NeedhamBuyBuyHold
Aug 27, 2024KeyBancUnderweightUnderweightHold
Aug 22, 2024Telsey AdvisoryMarket PerformDowngrade
Aug 22, 2024NeedhamBuyBuyHold
Aug 22, 2024KeyBancSector WeightUnderweightDowngrade
Jul 24, 2024Piper SandlerBuyBuyHold
Jul 24, 2024OppenheimerUnderperformUnderperformHold
Jun 07, 2024Piper SandlerBuyBuyHold
Jun 07, 2024OppenheimerUnderperformUnderperformHold
May 06, 2024Sandler O'NeillBuyBuyHold
May 06, 2024Sandler O'NeilUnderperformUnderperformHold
May 03, 2024Piper SandlerNeutralSector WeightDowngrade
May 03, 2024Goldman SachsNeutralDowngrade
May 03, 2024Cantor FitzgeraldOverweightOverweightHold
May 03, 2024Morgan StanleyEqual-WeightEqual-WeightHold
May 03, 2024BTIGNeutralDowngrade
May 03, 2024Piper SandlerBuyNeutralDowngrade
May 03, 2024KeyBancSector WeightDowngrade
Apr 17, 2024OppenheimerOutperformInitialise
Mar 21, 2024NeedhamUnderperformUnderperformHold
Mar 21, 2024Piper SandlerBuyBuyHold
Feb 07, 2024NeedhamBuyBuyHold
Feb 07, 2024JefferiesUnderperformUnderperformHold
Jan 19, 2024NeedhamUnderperformUnderperformHold
Jan 19, 2024Piper SandlerBuyBuyHold
Dec 13, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Jul 27, 2022Piper SandlerOverweightOverweightHold
Jul 14, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Apr 10, 2022Cantor FitzgeraldOverweightInitialise
Feb 23, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Feb 23, 2022NeedhamBuyBuyHold
Feb 23, 2022BarclaysOverweightOverweightHold
Feb 23, 2022Piper SandlerOverweightOverweightHold
Sep 29, 2021NeedhamBuyBuyHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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$137.74M$132.99M$129.10M$125.75M$122.55M$117.53M$113.47M$110.14M$106.76M$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$138.51M$133.72M$129.81M$126.45M$123.23M$118.18M$114.10M$110.84M$107.10M$102.04M$98.70M$97.36M$91.60M$84.71M$79.17M$75.49M$70.19M$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$136.95M$132.22M$128.35M$125.02M$121.84M$116.85M$112.81M$109.36M$106.57M$102.03M$98.70M$97.36M$90.47M$84.06M$78.27M$74.64M$69.40M$64.99M$60.25M$56.24M$51.28M$47.37M$43.07M$39.72M$35.87M$33.01M$31.19M$29.17M$27.28M
# Analysts545443489444512995555666699995
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts545443489444512995555666699995
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$-29.23M$-28.22M$-27.39M$-26.68M$-26.00M$-24.94M$-24.08M$-23.37M$-22.65M$-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$-30.90M
High Forecast$-29.06M$-28.06M$-27.23M$-26.53M$-25.85M$-24.79M$-23.94M$-23.20M$-22.61M$-21.65M$-20.94M$-7.82M$-19.20M$-17.84M$-16.61M$-7.11M$-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$-29.39M$-28.38M$-27.54M$-26.83M$-26.15M$-25.08M$-24.21M$-23.52M$-22.73M$-21.65M$-20.94M$-11.73M$-19.44M$-17.98M$-16.80M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts545443489444512995555666699995
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$15.73M$14.05M$12.92M$12.26M$11.90M$10.24M$8.86M$8.15M$8.66M$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$15.84M$14.16M$13.01M$12.35M$11.99M$10.32M$8.93M$8.69M$9.24M$6.89M$4.51M$-8.89M$223.81K$-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$15.61M$13.95M$12.82M$12.17M$11.81M$10.17M$8.80M$7.06M$8.08M$6.83M$4.50M$-13.33M$220.53K$-2.65M$-1.06M$-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 %-------------12.38%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts545443489444512995555666699995
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$105.11M$101.48M$98.51M$95.95M$93.51M$89.68M$86.58M$84.04M$81.47M$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$105.69M$102.04M$99.05M$96.49M$94.03M$90.18M$87.06M$84.58M$81.73M$77.86M$75.31M$54.64M$69.89M$64.64M$60.41M$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$104.50M$100.89M$97.94M$95.40M$92.97M$89.16M$86.08M$83.44M$81.32M$77.86M$75.31M$36.43M$69.03M$64.14M$59.73M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts545443489444512995555666699995
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$0.21$0.21$0.18$0.15$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$0.15$0.16$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$0.27$0.24$0.22$0.21$0.21$0.18$0.15$0.12$0.14$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 %-------------12.61%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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PGNYProgyny$14.74$22.6753.80%Hold
SPTSprout Social$34.70$50.6746.02%Buy
DAVAEndava$30.82$40.0029.79%Buy
GSHDGoosehead Insurance$114.42$120.505.31%Buy
WKWorkiva$109.29$112.002.48%Buy
SITMSiTime$248.46$171.67-30.91%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 $50.67 with a range of $28 to $90, implying a 56.15% from its last price of $32.45. 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 56.15% (from the last price of $32.45 to the average price target of $50.67), up by 177.35% based on the highest stock price target, and down by -13.71% based on the lowest stock price target.

Can Sprout Social stock reach $50?

SPT's average twelve months analyst stock price target of $50.67 supports the claim that Sprout Social can reach $50 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 $463.69M (high $466.35M, low $460.86M), average EBITDA is $-98.389M (high $-97.79M, low $-98.955M), average net income is $39.16M (high $39.93M, low $37.84M), average SG&A $353.82M (high $355.85M, low $351.66M), and average EPS is $0.685 (high $0.698, low $0.662). SPT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $525.57M (high $528.49M, low $522.54M), average EBITDA is $-112M (high $-111M, low $-112M), average net income is $54.96M (high $55.36M, low $54.55M), average SG&A $401.04M (high $403.27M, low $398.72M), and average EPS is $0.961 (high $0.968, low $0.954).

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 $-1.859M by 1137.81%. 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 1160.97%