Cantor Fitzgerald Forecasts Sprout Social FY2026 Earnings

Sprout Social, Inc. (NASDAQ:SPT) – Investment analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Sprout Social in a report released on Monday, June 9th. Cantor Fitzgerald analyst M. Vanvliet forecasts that the company will earn ($0.77) per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $24.00 price objective on the stock. The consensus estimate for Sprout Social’s current full-year earnings is ($0.99) per share.

A number of other equities research analysts have also recently weighed in on SPT. Canaccord Genuity Group lowered their price target on Sprout Social from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, February 26th. Morgan Stanley lowered their price target on Sprout Social from $30.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. Oppenheimer lowered their price target on Sprout Social from $38.00 to $32.00 and set an “outperform” rating on the stock in a report on Friday, May 9th. Scotiabank lowered their price target on Sprout Social from $28.00 to $25.00 and set a “sector perform” rating on the stock in a report on Thursday, February 27th. Finally, Barclays dropped their price target on Sprout Social from $34.00 to $26.00 and set an “overweight” rating for the company in a research report on Monday, April 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $30.00.

Sprout Social Stock Performance

SPT opened at $20.79 on Wednesday. The stock has a market cap of $1.21 billion, a P/E ratio of -17.32 and a beta of 1.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.96 and a quick ratio of 0.96. The stock’s 50 day simple moving average is $21.33 and its 200 day simple moving average is $26.82. Sprout Social has a 1-year low of $18.52 and a 1-year high of $39.75.

Sprout Social (NASDAQ:SPT) last released its earnings results on Thursday, May 8th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.07. Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. The company had revenue of $109.29 million for the quarter, compared to analysts’ expectations of $107.63 million. During the same quarter in the previous year, the firm posted $0.10 EPS. The firm’s quarterly revenue was up 12.9% on a year-over-year basis.

Institutional Trading of Sprout Social

Several hedge funds and other institutional investors have recently bought and sold shares of SPT. ArrowMark Colorado Holdings LLC increased its holdings in Sprout Social by 380.7% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 1,772,219 shares of the company’s stock valued at $54,425,000 after buying an additional 1,403,549 shares during the last quarter. Nuveen LLC bought a new position in shares of Sprout Social during the first quarter valued at approximately $13,131,000. Norges Bank bought a new position in shares of Sprout Social during the fourth quarter valued at approximately $13,422,000. Dorsey Asset Management LLC grew its holdings in shares of Sprout Social by 16.7% during the fourth quarter. Dorsey Asset Management LLC now owns 2,306,149 shares of the company’s stock valued at $70,822,000 after purchasing an additional 330,155 shares during the last quarter. Finally, Cadian Capital Management LP grew its holdings in shares of Sprout Social by 6.1% during the fourth quarter. Cadian Capital Management LP now owns 4,548,323 shares of the company’s stock valued at $139,679,000 after purchasing an additional 263,267 shares during the last quarter.

Insider Activity at Sprout Social

In other Sprout Social news, Director Karen Walker sold 5,000 shares of the business’s stock in a transaction dated Monday, April 14th. The stock was sold at an average price of $19.42, for a total transaction of $97,100.00. Following the transaction, the director now owns 25,665 shares in the company, valued at $498,414.30. The trade was a 16.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction dated Friday, April 4th. The stock was sold at an average price of $19.99, for a total value of $799,600.00. Following the transaction, the insider now owns 7,417 shares in the company, valued at approximately $148,265.83. This represents a 84.36% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 176,021 shares of company stock worth $3,738,636. 10.12% of the stock is owned by insiders.

Sprout Social Company Profile

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.