Sprout Social Stock Gets Stronger EPS Estimate from KeyCorp

Sprout Social, Inc. (NASDAQ:SPT – Free Report) – Equities researchers at KeyCorp boosted their FY2026 earnings estimates for shares of Sprout Social in a research note issued to investors on Tuesday, November 3rd. KeyCorp analyst J. Ader now anticipates that the company will post earnings per share of $0.32 for the year, up from their previous forecast of ($0.31). KeyCorp currently has an “Underweight” rating and a $10.00 price objective on the stock. The consensus estimate for Sprout Social’s current full-year earnings is $0.33 per share. KeyCorp also issued estimates for Sprout Social’s Q4 2026 earnings at $0.13 EPS and FY2027 earnings at $1.06 EPS.

Sprout Social (NASDAQ:SPT – Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.16. The company had revenue of $125.15 million during the quarter, compared to analyst estimates of $123.83 million. Sprout Social had a positive return on equity of 1.11% and a negative net margin of 5.42%.

A number of other equities analysts also recently weighed in on the stock. Needham & Company LLC reissued a “buy” rating and issued a $14.00 price target on shares of Sprout Social in a report on Wednesday, November 4th. Zacks Research lowered shares of Sprout Social from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 12th. Barclays boosted their target price on shares of Sprout Social from $12.00 to $14.00 and gave the company an “overweight” rating in a research note on Thursday, November 5th. Canaccord Genuity Group increased their target price on shares of Sprout Social from $10.00 to $13.50 and gave the company a “hold” rating in a research report on Wednesday, November 4th. Finally, Cantor Fitzgerald raised their price target on shares of Sprout Social from $8.00 to $13.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 4th. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $12.17.

Get Our Latest Report on SPT

Sprout Social Stock Up 0.2%

Shares of NASDAQ:SPT opened at $11.14 on Wednesday. The company has a market capitalization of $674.97 million, a PE ratio of -24.76, a price-to-earnings-growth ratio of 1.14 and a beta of 0.95. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.91 and a quick ratio of 0.91. The business has a fifty day moving average price of $11.08 and a two-hundred day moving average price of $8.32. Sprout Social has a 1 year low of $4.92 and a 1 year high of $13.35.

Hedge Funds Weigh In On Sprout Social

Several large investors have recently modified their holdings of the business. Signaturefd LLC raised its position in shares of Sprout Social by 33.8% in the third quarter. Signaturefd LLC now owns 3,510 shares of the company’s stock valued at $34,000 after purchasing an additional 886 shares during the period. Parallel Advisors LLC grew its stake in Sprout Social by 341.9% in the 3rd quarter. Parallel Advisors LLC now owns 4,406 shares of the company’s stock valued at $43,000 after buying an additional 3,409 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Sprout Social during the 3rd quarter valued at $59,000. GAMMA Investing LLC raised its holdings in Sprout Social by 115.8% during the 2nd quarter. GAMMA Investing LLC now owns 6,368 shares of the company’s stock valued at $48,000 after acquiring an additional 3,417 shares during the period. Finally, Essential Partners LLC raised its holdings in Sprout Social by 724.9% during the 1st quarter. Essential Partners LLC now owns 6,550 shares of the company’s stock valued at $37,000 after acquiring an additional 5,756 shares during the period.

Insiders Place Their Bets

In related news, insider Justyn Howard sold 40,000 shares of Sprout Social stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $11.02, for a total value of $440,800.00. Following the completion of the sale, the insider owned 7,417 shares of the company’s stock, valued at approximately $81,735.34. This trade represents a 84.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 51,612 shares of company stock valued at $573,757. Company insiders own 9.60% of the company’s stock.

About Sprout Social

(Get Free Report)

Sprout Social, Inc. provides cloud-based software that helps organizations manage their social media presence. Its platform supports activities such as publishing and scheduling content, engaging with audiences, monitoring social conversations, and analyzing social media performance. The company’s tools also include social listening, customer care, and employee advocacy capabilities. Sprout Social serves businesses and agencies across a range of industries, helping teams coordinate social media work and gather insights from interactions across social networks.

Featured Stories

Receive News & Ratings for Sprout Social Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprout Social and related companies with MarketBeat.com's FREE daily email newsletter.