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

Sprout Social (NASDAQ:SPTGet Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.140-0.160 for the period, compared to the consensus earnings per share 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.

Sprout Social Stock Down 2.6 %

SPT traded down $0.74 during trading hours on Thursday, reaching $27.35. 864,353 shares of the stock traded hands, compared to its average volume of 579,559. Sprout Social has a fifty-two week low of $25.05 and a fifty-two week high of $64.91. 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 company has a market cap of $1.57 billion, a price-to-earnings ratio of -22.79 and a beta of 1.06. The firm’s fifty day simple moving average is $31.73 and its two-hundred day simple moving average is $30.54.

Sprout Social (NASDAQ:SPTGet Free Report) last announced its 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). Sprout Social had a negative net margin of 17.24% and a negative return on equity of 40.94%. The business had revenue of $107.09 million for the quarter, compared to analyst estimates of $106.74 million. As a group, analysts forecast that Sprout Social will post -0.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SPT shares. Piper Sandler reduced their target price on Sprout Social from $29.00 to $27.00 and set a “neutral” rating for the company in a research note on Wednesday. Stifel Nicolaus dropped their target price on shares of Sprout Social from $45.00 to $34.00 and set a “buy” rating for the company in a research report on Wednesday. Jefferies Financial Group lifted their price target on Sprout Social from $34.00 to $42.00 and gave the stock a “buy” rating in a research note on Monday, February 3rd. Scotiabank lowered their price objective on Sprout Social from $28.00 to $25.00 and set a “sector perform” rating for the company in a report on Thursday. Finally, Oppenheimer reduced their target price on Sprout Social from $40.00 to $38.00 and set an “outperform” rating on the stock in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Sprout Social presently has an average rating of “Hold” and an average target price of $33.85.

Read Our Latest Stock Analysis on SPT

Insider Buying and Selling

In related news, insider Justyn Russell Howard sold 40,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $31.67, for a total value of $1,266,800.00. Following the sale, the insider now owns 27,136 shares of the company’s stock, valued at $859,397.12. This trade represents a 59.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Karen Walker sold 5,000 shares of Sprout Social stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $34.24, for a total transaction of $171,200.00. Following the completion of the sale, the director now owns 35,665 shares in the company, valued at approximately $1,221,169.60. This represents a 12.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 120,265 shares of company stock valued at $3,837,006. Insiders own 10.97% of the company’s stock.

About Sprout Social

(Get Free Report)

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.

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