Sprout Social (SPT) Stock Forecast, Price Target & Predictions
SPT Stock Forecast
Sprout Social stock forecast is as follows: an average price target of $65.40 (represents a 135.34% upside from SPT’s last price of $27.79) 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 $65.40 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 135.34% upside from SPT's last price of $27.79.
SPT Analyst Ratings
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 |
|---|---|---|---|---|---|---|
| Aug 22, 2024 | Michael Zaremski | BMO Capital | $90.00 | $32.29 | 178.72% | 223.86% |
| Aug 22, 2024 | Jackson Ader | KeyBanc | $28.00 | $33.92 | -17.45% | 0.76% |
| Jun 27, 2024 | Ron Oliver | Robert W. Baird | $38.00 | $33.92 | 12.01% | 36.74% |
| May 03, 2024 | Adam Hotchkiss | Goldman Sachs | $44.00 | $48.15 | -8.62% | 58.33% |
| May 03, 2024 | Brett Knoblauch | Cantor Fitzgerald | $46.00 | $48.15 | -4.47% | 65.53% |
| May 03, 2024 | Clarke Jeffries | Piper Sandler | $40.00 | $48.15 | -16.93% | 43.94% |
| May 03, 2024 | Rob Oliver | Robert W. Baird | $45.00 | $48.15 | -6.54% | 61.93% |
| Apr 17, 2024 | Brian Schwartz | Oppenheimer | $76.00 | $52.16 | 45.71% | 173.48% |
| Mar 20, 2024 | Jackson Ader | KeyBanc | $83.00 | $57.33 | 44.78% | 198.67% |
| Dec 13, 2022 | - | Morgan Stanley | $63.00 | $66.19 | -4.82% | 126.70% |
The latest Sprout Social stock forecast, released on Aug 22, 2024 by Michael Zaremski from BMO Capital, set a price target of $90.00, which represents a 178.72% increase from the stock price at the time of the forecast ($32.29), and a 223.86% increase from SPT last price ($27.79).
Sprout Social Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 3 | 9 |
| Avg Price Target | $59.00 | $52.00 | $54.44 |
| Last Closing Price | $27.79 | $27.79 | $27.79 |
| Upside/Downside | 112.31% | 87.12% | 95.90% |
In the current month, the average price target of Sprout Social stock is $59.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 112.31% increase as opposed to Sprout Social's last price of $27.79. This month's average price target is up 13.46% compared to last quarter, and up 8.38% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 | Oppenheimer | Underperform | Underperform | Hold |
| Jul 24, 2024 | Piper Sandler | Buy | Buy | Hold |
| Jun 07, 2024 | Piper Sandler | Buy | Buy | Hold |
| Jun 07, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| May 06, 2024 | Sandler O'Neill | Buy | Buy | Hold |
| May 06, 2024 | Sandler O'Neil | Underperform | Underperform | Hold |
Sprout Social's last stock rating was published by KeyBanc on Aug 27, 2024. The company gave SPT a "Underweight" 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 | $152.02M | $144.67M | $138.54M | $132.91M | $126.80M | $120.17M | $116.01M | $111.83M | $107.46M | $102.03M | $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 | $152.24M | $144.89M | $138.75M | $133.10M | $126.99M | $120.35M | $116.18M | $111.99M | $107.62M | $102.19M | $98.85M | $97.51M | $91.60M | $84.71M | $78.84M | $75.19M | $69.91M | $65.09M | $60.35M | $56.33M | $51.36M | $47.45M | $43.14M | $39.79M | $35.93M | $33.06M | $31.24M | $29.22M | $27.32M |
| Low Forecast | $151.70M | $144.38M | $138.26M | $132.63M | $126.54M | $119.93M | $115.77M | $111.60M | $107.24M | $101.94M | $98.50M | $97.16M | $90.47M | $84.06M | $78.57M | $74.92M | $69.66M | $64.86M | $60.13M | $56.13M | $51.17M | $47.27M | $42.98M | $39.64M | $35.80M | $32.94M | $31.12M | $29.11M | $27.22M |
| # Analysts | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 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 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 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 | $-32.26M | $-30.70M | $-29.40M | $-28.20M | $-26.91M | $-25.50M | $-24.62M | $-23.73M | $-22.80M | $-21.65M | $-20.94M | $-9.78M | $-19.26M | $-17.87M | $-16.71M | $-8.89M | $-14.81M | $-7.41M | $-12.79M | $-8.08M | $-10.88M | $-10.05M | $-9.14M | $-6.88M | $-7.61M | $-7.00M | $-6.62M | $-11.99M | $-30.90M |
| High Forecast | $-32.19M | $-30.64M | $-29.34M | $-28.14M | $-26.85M | $-25.45M | $-24.56M | $-23.68M | $-22.76M | $-21.63M | $-20.90M | $-7.82M | $-19.20M | $-17.84M | $-16.67M | $-7.11M | $-14.78M | $-5.93M | $-12.76M | $-6.46M | $-10.86M | $-10.03M | $-9.12M | $-5.51M | $-7.60M | $-6.99M | $-6.60M | $-9.59M | $-24.72M |
| Low Forecast | $-32.30M | $-30.74M | $-29.44M | $-28.24M | $-26.95M | $-25.54M | $-24.65M | $-23.76M | $-22.84M | $-21.68M | $-20.97M | $-11.73M | $-19.44M | $-17.98M | $-16.73M | $-10.67M | $-14.83M | $-8.90M | $-12.81M | $-9.70M | $-10.90M | $-10.07M | $-9.15M | $-8.26M | $-7.62M | $-7.02M | $-6.63M | $-14.39M | $-37.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14% | 0.89% | 0.98% | 0.71% | 1.69% | 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 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 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 | $18.24M | $15.83M | $14.22M | $13.40M | $11.85M | $10.11M | $9.00M | $8.56M | $8.97M | $6.83M | $4.46M | $-11.11M | $220.33K | $-1.85M | $-1.04M | $-10.10M | $-1.12M | $-9.13M | $-3.30M | $-9.18M | $-3.98M | $-4.40M | $-5.56M | $-8.60M | $-6.03M | $-6.80M | $-8.23M | $-13.97M | $-32.69M |
| High Forecast | $18.28M | $15.86M | $14.24M | $13.43M | $11.87M | $10.13M | $9.02M | $8.58M | $8.98M | $7.40M | $4.47M | $-8.89M | $220.75K | $-1.06M | $-1.04M | $-8.08M | $-1.12M | $-7.31M | $-3.29M | $-7.34M | $-3.97M | $-4.39M | $-5.54M | $-6.88M | $-6.01M | $-6.78M | $-8.20M | $-11.18M | $-26.15M |
| Low Forecast | $18.19M | $15.79M | $14.18M | $13.37M | $11.82M | $10.08M | $8.98M | $8.54M | $8.94M | $6.81M | $4.45M | $-13.33M | $219.74K | $-2.64M | $-1.04M | $-12.12M | $-1.13M | $-10.96M | $-3.31M | $-11.02M | $-3.99M | $-4.41M | $-5.57M | $-10.31M | $-6.04M | $-6.81M | $-8.24M | $-16.77M | $-39.23M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.44% | 12.59% | 1.02% | 10.62% | 1.53% | 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 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 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 | $116.00M | $110.39M | $105.71M | $101.42M | $96.76M | $91.70M | $88.52M | $85.33M | $82.00M | $77.85M | $75.31M | $45.53M | $69.25M | $64.26M | $60.07M | $41.39M | $53.26M | $43.15M | $45.98M | $37.63M | $39.13M | $36.15M | $32.86M | $38.84M | $27.37M | $25.19M | $23.80M | $22.26M | $20.82M |
| High Forecast | $116.17M | $110.56M | $105.87M | $101.56M | $96.90M | $91.83M | $88.65M | $85.46M | $82.12M | $77.98M | $75.42M | $54.64M | $69.89M | $64.64M | $60.16M | $49.67M | $53.34M | $51.78M | $46.05M | $45.16M | $39.19M | $36.21M | $32.92M | $46.60M | $27.42M | $25.23M | $23.84M | $22.29M | $20.85M |
| Low Forecast | $115.76M | $110.17M | $105.50M | $101.21M | $96.56M | $91.51M | $88.34M | $85.16M | $81.83M | $77.79M | $75.16M | $36.43M | $69.03M | $64.14M | $59.95M | $33.11M | $53.15M | $34.52M | $45.88M | $30.10M | $39.05M | $36.07M | $32.79M | $31.07M | $27.32M | $25.14M | $23.75M | $22.21M | $20.77M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 0.95% | 1.27% | 0.95% | 1.11% | 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 | 6 | 4 | 4 | 6 | 4 | 3 | 7 | 4 | 4 | 9 | 7 | 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 | $0.32 | $0.28 | $0.25 | $0.24 | $0.21 | $0.18 | $0.16 | $0.15 | $0.16 | $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 | $0.32 | $0.28 | $0.25 | $0.24 | $0.21 | $0.18 | $0.16 | $0.15 | $0.16 | $0.13 | $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 | $-0.14 | $-0.21 | $-0.34 |
| Low Forecast | $0.32 | $0.28 | $0.25 | $0.24 | $0.21 | $0.18 | $0.16 | $0.15 | $0.16 | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.57% | 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
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 $65.4 with a range of $28 to $150, implying a 135.34% from its last price of $27.79. 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 135.34% (from the last price of $27.79 to the average price target of $65.4), up by 439.76% based on the highest stock price target, and up by 0.76% based on the lowest stock price target.
Can Sprout Social stock reach $40?
SPT's average twelve months analyst stock price target of $65.4 supports the claim that Sprout Social can reach $40 in the near future.
What is Sprout Social's current price target trend?
2 Wall Street analysts forecast a $59 price target for Sprout Social (SPT) this month, up 112.31% from its last price of $27.79. Compared to the last 3 and 12 months, the average price target increased by 87.12% and increased by 95.90%, respectively.
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 $474.81M (high $475.51M, low $473.84M), average EBITDA is $-101M (high $-101M, low $-101M), average net income is $39.52M (high $39.6M, low $39.42M), average SG&A $362.31M (high $362.84M, low $361.56M), and average EPS is $0.697 (high $0.698, low $0.695). SPT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $568.14M (high $568.98M, low $566.97M), average EBITDA is $-121M (high $-120M, low $-121M), average net income is $61.7M (high $61.82M, low $61.53M), average SG&A $433.52M (high $434.16M, low $432.63M), and average EPS is $1.09 (high $1.09, low $1.09).
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, beating the average prediction of $-43.091M by 3.94%. The company's net income was $-50.24M, beating the average estimation of $-22.739M by 120.94%. Apple's SG&A was $184.21M, beating the average forecast of $180.02M by 2.33%. 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 $-1.85M by 1143.98%. 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 $-0.0326 by 1156.61%