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Sprout Social

SPTNASDAQ
Logo brought to you by Benzinga Data
$32.91
1.13.46%
At Close: -
$32.91
00.00%
After Hours: Aug 23, 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Overweight
Highest Price Target1
$125.00
Lowest Price Target1
$28.00
Consensus Price Target1
$60.39

Sprout Social (NASDAQ:SPT) Stock, Analyst Ratings, Price Targets, Forecasts

Sprout Social Inc has a consensus price target of $60.39 based on the ratings of 20 analysts. The high is $125 issued by Piper Sandler on January 12, 2022. The low is $28 issued by Keybanc on August 22, 2024. The 3 most-recent analyst ratings were released by Keybanc, Baird, and Cantor Fitzgerald on August 22, 2024, August 2, 2024, and August 2, 2024, respectively. With an average price target of $38 between Keybanc, Baird, and Cantor Fitzgerald, there's an implied 15.47% upside for Sprout Social Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
3
5
May
1
Jun
1
Jul
1
1
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.3
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keybanc
Baird
Cantor Fitzgerald
Needham
Barclays

1calculated from analyst ratings

Analyst Ratings for Sprout Social

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Sprout Social (SPT) stock?

A

The latest price target for Sprout Social (NASDAQ:SPT) was reported by Keybanc on August 22, 2024. The analyst firm set a price target for $28.00 expecting SPT to fall to within 12 months (a possible -14.92% downside). 43 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Sprout Social (SPT)?

A

The latest analyst rating for Sprout Social (NASDAQ:SPT) was provided by Keybanc, and Sprout Social downgraded their underweight rating.

Q

When was the last upgrade for Sprout Social (SPT)?

A

The last upgrade for Sprout Social Inc happened on January 2, 2024 when Cantor Fitzgerald raised their price target to $74. Cantor Fitzgerald previously had a neutral for Sprout Social Inc.

Q

When was the last downgrade for Sprout Social (SPT)?

A

The last downgrade for Sprout Social Inc happened on August 22, 2024 when Keybanc changed their price target from N/A to $28 for Sprout Social Inc.

Q

When is the next analyst rating going to be posted or updated for Sprout Social (SPT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sprout Social, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sprout Social was filed on August 22, 2024 so you should expect the next rating to be made available sometime around August 22, 2025.

Q

Is the Analyst Rating Sprout Social (SPT) correct?

A

While ratings are subjective and will change, the latest Sprout Social (SPT) rating was a downgraded with a price target of $0.00 to $28.00. The current price Sprout Social (SPT) is trading at is $32.91, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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