Sprout Social (NASDAQ:SPT) Updates Q3 2026 Earnings Guidance

Sprout Social (NASDAQ:SPT) updated its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.290-0.300 for the period, compared to the consensus EPS estimate of 0.180. The company issued revenue guidance of $123.3 million-$124.1 million, compared to the consensus revenue estimate of $123.7 million. Sprout Social also updated its FY 2026 guidance to 1.110-1.150 EPS.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SPT shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Sprout Social in a report on Friday, July 17th. Barclays raised their price objective on shares of Sprout Social from $8.00 to $9.00 and gave the company an “overweight” rating in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Sprout Social currently has an average rating of “Hold” and a consensus target price of $11.88.

Sprout Social Stock Down 5.1%

Shares of NASDAQ:SPT traded down $0.44 on Thursday, hitting $8.19. 1,774,468 shares of the company traded hands, compared to its average volume of 1,495,673. Sprout Social has a 52 week low of $4.92 and a 52 week high of $17.41. The company has a market cap of $492.27 million, a PE ratio of -12.41 and a beta of 0.97. The stock has a 50 day simple moving average of $7.75 and a 200-day simple moving average of $7.10. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15.

Sprout Social (NASDAQ:SPT) last announced its earnings results on Thursday, August 6th. The company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.10. The business had revenue of $123.85 million during the quarter, compared to analyst estimates of $122.19 million. Sprout Social had a negative net margin of 8.18% and a negative return on equity of 13.90%. Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. As a group, research analysts expect that Sprout Social will post -0.31 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Justyn Russell Howard sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $8.28, for a total value of $331,200.00. Following the completion of the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $61,412.76. This trade represents a 84.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 9.60% of the stock is owned by company insiders.

Institutional Trading of Sprout Social

Several hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Sprout Social by 2.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock worth $1,168,000 after acquiring an additional 1,265 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Sprout Social by 39.1% during the fourth quarter. Russell Investments Group Ltd. now owns 6,235 shares of the company’s stock worth $70,000 after purchasing an additional 1,752 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Sprout Social by 55.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock valued at $115,000 after purchasing an additional 1,962 shares in the last quarter. Summit Securities Group LLC boosted its holdings in shares of Sprout Social by 399.0% during the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after purchasing an additional 2,015 shares during the last quarter. Finally, Headlands Technologies LLC increased its position in Sprout Social by 13.0% during the second quarter. Headlands Technologies LLC now owns 18,573 shares of the company’s stock worth $388,000 after purchasing an additional 2,131 shares during the last quarter.

About Sprout Social

Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes. The company provides a cloud-based platform designed to help organizations improve their social media presence through a suite of tools for content scheduling, community engagement, social listening and analytics. Sprout Social’s platform is built to streamline the workflows of marketing, customer care and public relations teams by providing a centralized hub for managing multiple social channels.

The company’s product offerings include publishing and scheduling capabilities that allow users to plan and automate social content across networks such as Facebook, Instagram, Twitter, LinkedIn and Pinterest.