Cantor Fitzgerald Forecasts Strong Price Appreciation for Sprout Social (NASDAQ:SPT) Stock

Sprout Social (NASDAQ:SPT) had its price objective upped by investment analysts at Cantor Fitzgerald from $8.00 to $13.00 in a research report issued on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Cantor Fitzgerald‘s price target points to a potential upside of 8.97% from the company’s previous close.

SPT has been the subject of several other reports. Wall Street Zen raised shares of Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a report on Thursday, October 15th. Morgan Stanley lifted their price target on shares of Sprout Social from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Barclays upped their price target on shares of Sprout Social from $9.00 to $12.00 and gave the company an “overweight” rating in a report on Tuesday, August 11th. Finally, Stifel Nicolaus increased their price objective on shares of Sprout Social from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $11.11.

Sprout Social Trading Down 1.3%

Shares of SPT stock opened at $11.93 on Wednesday. The company has a market cap of $722.84 million, a PE ratio of -23.86 and a beta of 0.95. Sprout Social has a 1 year low of $4.92 and a 1 year high of $13.35. The stock’s 50 day simple moving average is $11.09 and its two-hundred day simple moving average is $8.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.03 and a quick ratio of 1.03.

Sprout Social (NASDAQ:SPT) last announced its earnings results on Tuesday, November 3rd. The company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.16. The firm had revenue of $125.15 million during the quarter, compared to analysts’ expectations of $123.83 million. Sprout Social had a negative return on equity of 8.80% and a negative net margin of 6.13%. Research analysts predict that Sprout Social will post -0.02 earnings per share for the current year.

Insider Activity

In other news, insider Justyn Howard sold 40,000 shares of the company’s stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $11.02, for a total value of $440,800.00. Following the transaction, the insider directly owned 7,417 shares in the company, valued at approximately $81,735.34. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 51,612 shares of company stock worth $573,757 over the last ninety days. 9.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sprout Social

Several large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC increased its position in shares of Sprout Social by 33.8% during the third quarter. Signaturefd LLC now owns 3,510 shares of the company’s stock worth $34,000 after acquiring an additional 886 shares during the period. Essential Partners LLC grew its stake in Sprout Social by 724.9% in the first quarter. Essential Partners LLC now owns 6,550 shares of the company’s stock worth $37,000 after purchasing an additional 5,756 shares in the last quarter. Parallel Advisors LLC grew its stake in Sprout Social by 341.9% in the third quarter. Parallel Advisors LLC now owns 4,406 shares of the company’s stock worth $43,000 after purchasing an additional 3,409 shares in the last quarter. GAMMA Investing LLC grew its stake in Sprout Social by 115.8% in the second quarter. GAMMA Investing LLC now owns 6,368 shares of the company’s stock worth $48,000 after purchasing an additional 3,417 shares in the last quarter. Finally, Commonwealth Financial Services LLC purchased a new position in Sprout Social during the 1st quarter worth $58,000.

Sprout Social News Roundup

Here are the key news stories impacting Sprout Social this week:

• Positive Sentiment: Q3 adjusted earnings were $0.45 per share, above analyst expectations of about $0.29–$0.30 and up from $0.23 a year earlier. Revenue of $125.15 million also topped the $123.83 million consensus. Sprout Social additionally reported record non-GAAP operating income of $26.3 million, a 21% margin. Sprout Social Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Despite the quarterly beat, the company’s revenue outlook for the next quarter was described as slightly below analyst expectations. That softer forward signal could temper the positive impact of the results. Sprout Social’s Q3 2026 Results and Guidance
• Negative Sentiment: A shareholder-law firm said it is investigating potential fiduciary-duty claims after a federal court declined to dismiss a securities-fraud class action against the company. The ongoing litigation adds legal and reputational uncertainty, though the alert itself is not a finding of wrongdoing. Shareholder Alert Regarding Sprout Social

About Sprout Social

Sprout Social, Inc is a software company that provides a cloud-based social media management platform for businesses and organizations. Its platform helps customers manage social media publishing, engagement, customer care, analytics, listening and employee advocacy from a centralized environment.

The company’s products are designed to help marketing, communications, sales and customer service teams plan and publish content, monitor conversations, respond to audiences, evaluate social media performance and gain insights from online activity.