Sprout Social (NASDAQ:SPT) Issues Q1 2025 Earnings Guidance

Sprout Social (NASDAQ:SPT) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.140-0.160 for the period, compared to the consensus estimate of 0.150. The company issued revenue guidance of $107.2 million-$108.0 million, compared to the consensus revenue estimate of $110.2 million. Sprout Social also updated its FY 2025 guidance to 0.650-0.740 EPS.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on SPT shares. Piper Sandler decreased their price objective on shares of Sprout Social from $40.00 to $29.00 and set a “neutral” rating for the company in a research report on Monday, November 11th. Morgan Stanley lifted their price target on Sprout Social from $36.00 to $37.00 and gave the stock an “equal weight” rating in a report on Monday, January 13th. Scotiabank assumed coverage on Sprout Social in a research note on Monday, November 18th. They issued a “sector perform” rating and a $28.00 price objective on the stock. Needham & Company LLC reiterated a “buy” rating and set a $55.00 target price on shares of Sprout Social in a research note on Wednesday, January 15th. Finally, Jefferies Financial Group boosted their target price on Sprout Social from $34.00 to $42.00 and gave the stock a “buy” rating in a report on Monday, February 3rd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $39.58.

Sprout Social Stock Performance

Shares of SPT traded down $0.68 during midday trading on Tuesday, reaching $27.25. 702,184 shares of the stock were exchanged, compared to its average volume of 552,959. The stock’s 50 day simple moving average is $31.97 and its 200 day simple moving average is $30.59. The company has a market cap of $1.56 billion, a P/E ratio of -22.71 and a beta of 1.06. Sprout Social has a twelve month low of $25.05 and a twelve month high of $65.32. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.19.

Sprout Social (NASDAQ:SPT) last issued its quarterly earnings data on Tuesday, February 25th. The company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.35). Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. On average, sell-side analysts expect that Sprout Social will post -0.99 earnings per share for the current year.

Insider Activity at Sprout Social

In related news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $31.67, for a total transaction of $1,266,800.00. Following the completion of the sale, the insider now owns 27,136 shares of the company’s stock, valued at $859,397.12. This represents a 59.58 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Karen Walker sold 5,000 shares of the stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $34.24, for a total transaction of $171,200.00. Following the sale, the director now owns 35,665 shares in the company, valued at $1,221,169.60. The trade was a 12.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 120,265 shares of company stock worth $3,837,006. Company insiders own 10.97% of the company’s stock.

About Sprout Social

Sprout Social, Inc designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company provides cloud software for social messaging, data and workflows in a unified system of record, intelligence, and action.