Sprout Social (NASDAQ:SPT) Updates FY 2026 Earnings Guidance

Sprout Social (NASDAQ:SPT) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.880-0.970 for the period, compared to the consensus estimate of 0.650. The company issued revenue guidance of $492.5 million-$495.5 million, compared to the consensus revenue estimate of $493.1 million. Sprout Social also updated its Q2 2026 guidance to 0.150-0.160 EPS.

Sprout Social Price Performance

Shares of Sprout Social stock traded up $0.57 on Friday, hitting $7.37. 3,045,469 shares of the company traded hands, compared to its average volume of 1,610,962. The firm’s 50-day simple moving average is $5.94 and its 200 day simple moving average is $8.48. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.20. The company has a market cap of $439.20 million, a P/E ratio of -10.02 and a beta of 0.94. Sprout Social has a 12-month low of $4.92 and a 12-month high of $25.48.

Sprout Social (NASDAQ:SPT) last posted its quarterly earnings data on Thursday, May 7th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.23). The company had revenue of $121.50 million for the quarter, compared to analysts’ expectations of $120.33 million. Sprout Social had a negative net margin of 9.47% and a negative return on equity of 16.10%. Sprout Social has set its Q2 2026 guidance at 0.150-0.160 EPS and its FY 2026 guidance at 0.880-0.970 EPS. Analysts expect that Sprout Social will post -0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on SPT shares. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research report on Tuesday, April 21st. Needham & Company LLC lowered their price objective on shares of Sprout Social from $32.00 to $14.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Barclays lowered their price objective on shares of Sprout Social from $9.00 to $8.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Wall Street Zen upgraded shares of Sprout Social from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Finally, KeyCorp decreased their target price on shares of Sprout Social from $9.00 to $6.00 and set an “underweight” rating on the stock in a research report on Friday, February 27th. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $13.11.

Insider Activity

In other Sprout Social news, insider Justyn Russell Howard sold 40,000 shares of the business’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $5.03, for a total value of $201,200.00. Following the transaction, the insider owned 7,417 shares in the company, valued at approximately $37,307.51. The trade was a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 103,855 shares of company stock valued at $600,860 in the last 90 days. 9.60% of the stock is currently owned by insiders.

Institutional Trading of Sprout Social

Several institutional investors and hedge funds have recently bought and sold shares of SPT. Quadrant Capital Group LLC purchased a new stake in Sprout Social in the fourth quarter worth about $28,000. Summit Securities Group LLC lifted its holdings in Sprout Social by 399.0% in the fourth quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after buying an additional 2,015 shares during the period. Quarry LP lifted its holdings in Sprout Social by 264.2% in the third quarter. Quarry LP now owns 3,784 shares of the company’s stock worth $49,000 after buying an additional 2,745 shares during the period. Kestra Advisory Services LLC purchased a new stake in Sprout Social in the fourth quarter worth about $54,000. Finally, Russell Investments Group Ltd. lifted its holdings in Sprout Social by 39.1% in the fourth quarter. Russell Investments Group Ltd. now owns 6,235 shares of the company’s stock worth $70,000 after buying an additional 1,752 shares during the period.

About Sprout Social

Sprout Social (NASDAQ: SPT) is a Chicago-based software company specializing in social media management solutions for businesses of all sizes. The company provides a cloud-based platform designed to help organizations improve their social media presence through a suite of tools for content scheduling, community engagement, social listening and analytics. Sprout Social’s platform is built to streamline the workflows of marketing, customer care and public relations teams by providing a centralized hub for managing multiple social channels.

The company’s product offerings include publishing and scheduling capabilities that allow users to plan and automate social content across networks such as Facebook, Instagram, Twitter, LinkedIn and Pinterest.