Sprout Social (NASDAQ:SPT) Releases FY 2025 Earnings Guidance

Sprout Social (NASDAQ:SPT) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.650-0.740 for the period, compared to the consensus earnings per share estimate of 0.690. The company issued revenue guidance of $448.1 million-$453.1 million, compared to the consensus revenue estimate of $463.9 million. Sprout Social also updated its Q1 2025 guidance to 0.140-0.160 EPS.

Sprout Social Stock Down 2.6 %

NASDAQ:SPT traded down $0.74 during mid-day trading on Thursday, reaching $27.35. The company’s stock had a trading volume of 864,353 shares, compared to its average volume of 579,559. 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 has a 1 year low of $25.05 and a 1 year high of $64.91. The stock has a fifty day moving average of $31.73 and a 200-day moving average of $30.54. The firm has a market capitalization of $1.57 billion, a PE ratio of -22.79 and a beta of 1.06.

Sprout Social (NASDAQ:SPT) last announced its quarterly earnings results 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). The business had revenue of $107.09 million during the quarter, compared to analysts’ expectations of $106.74 million. Sprout Social had a negative return on equity of 40.94% and a negative net margin of 17.24%. Equities research analysts forecast that Sprout Social will post -0.99 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Canaccord Genuity Group cut 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. Needham & Company LLC cut their target price on Sprout Social from $55.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday. Piper Sandler decreased their price target on shares of Sprout Social from $29.00 to $27.00 and set a “neutral” rating for the company in a research report on Wednesday. The Goldman Sachs Group cut their price objective on shares of Sprout Social from $34.00 to $29.00 and set a “neutral” rating on the stock in a research report on Wednesday. Finally, Jefferies Financial Group increased their target price on shares of Sprout Social from $34.00 to $42.00 and gave the company a “buy” rating in a research report on Monday, February 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $33.85.

Insider Buying and Selling

In related news, insider Justyn Russell Howard sold 40,000 shares of Sprout Social stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $32.59, for a total transaction of $1,303,600.00. Following the completion of the sale, the insider now owns 7,417 shares of the company’s stock, valued at $241,720.03. The trade was a 84.36 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Karen Walker sold 5,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $30.26, for a total transaction of $151,300.00. Following the completion of the transaction, the director now owns 30,665 shares in the company, valued at approximately $927,922.90. This trade represents a 14.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 120,265 shares of company stock worth $3,837,006 in the last 90 days. Insiders own 10.97% of the company’s stock.

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.