$51.36
-1.12[-2.13%]
At close: Apr 25
$51.36
0[0.00%]
After Hours: 4:20PM EDT
Sprout Social
(NASDAQ:SPT)Sprout Social Stock (NASDAQ:SPT), Analyst Ratings, Price Targets, Predictions
Sprout Social Inc has a consensus price target of $79.43, established from looking at the 78 latest analyst ratings. The last 3 analyst ratings were released from Needham, Oppenheimer, and Morgan Stanley on April 22, 2024, April 18, 2024, and April 17, 2024. With an average price target of $72 between Needham, Oppenheimer, and Morgan Stanley, there's an implied 40.19% upside for Sprout Social Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Needham
Oppenheimer
Morgan Stanley
Keybanc
Barclays
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Sprout Social
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/22/2024 | SPT | Buy Now | Sprout Social | $51.36 | 46.03% | Needham | Scott Berg | → $75 | Reiterates | Buy → Buy | Get Alert |
| 04/18/2024 | SPT | Buy Now | Sprout Social | $51.36 | 47.98% | Oppenheimer | Brian Schwartz | → $76 | Initiates | → Outperform | Get Alert |
| 04/17/2024 | SPT | Buy Now | Sprout Social | $51.36 | 26.56% | Morgan Stanley | Elizabeth Porter | $73 → $65 | Maintains | Equal-Weight | Get Alert |
| 04/16/2024 | SPT | Buy Now | Sprout Social | $51.36 | 46.03% | Needham | Scott Berg | → $75 | Reiterates | Buy → Buy | Get Alert |
| 03/21/2024 | SPT | Buy Now | Sprout Social | $51.36 | 61.6% | Keybanc | Jason Ader | → $83 | Initiates | → Overweight | Get Alert |
| 02/21/2024 | SPT | Buy Now | Sprout Social | $51.36 | 40.19% | Barclays | Raimo Lenschow | $75 → $72 | Maintains | Overweight | Get Alert |
| 02/21/2024 | SPT | Buy Now | Sprout Social | $51.36 | 44.08% | Cantor Fitzgerald | Brett Knoblauch | → $74 | Reiterates | Overweight → Overweight | Get Alert |
| 02/21/2024 | SPT | Buy Now | Sprout Social | $51.36 | 28.5% | Piper Sandler | Clarke Jeffries | $62 → $66 | Maintains | Overweight | Get Alert |
| 02/21/2024 | SPT | Buy Now | Sprout Social | $51.36 | 36.29% | Canaccord Genuity | David Hynes | → $70 | Reiterates | Buy → Buy | Get Alert |
| 02/21/2024 | SPT | Buy Now | Sprout Social | $51.36 | 46.03% | Needham | Scott Berg | → $75 | Reiterates | Buy → Buy | Get Alert |
| 02/07/2024 | SPT | Buy Now | Sprout Social | $51.36 | 47.98% | Jefferies | Surinder Thind | → $76 | Initiates | → Buy | Get Alert |
| 01/24/2024 | SPT | Buy Now | Sprout Social | $51.36 | 57.71% | Goldman Sachs | Chris Merwin | $65 → $81 | Maintains | Buy | Get Alert |
| 01/23/2024 | SPT | Buy Now | Sprout Social | $51.36 | 57.71% | Goldman Sachs | Chris Merwin | $65 → $81 | Maintains | Buy | Get Alert |
| 01/19/2024 | SPT | Buy Now | Sprout Social | $51.36 | 36.29% | Stifel | Parker Lane | $60 → $70 | Maintains | Buy | Get Alert |
| 01/19/2024 | SPT | Buy Now | Sprout Social | $51.36 | 46.03% | Needham | Scott Berg | → $75 | Reiterates | Buy → Buy | Get Alert |
| 01/12/2024 | SPT | Buy Now | Sprout Social | $51.36 | 46.03% | Barclays | Raimo Lenschow | $65 → $75 | Maintains | Overweight | Get Alert |
| 01/02/2024 | SPT | Buy Now | Sprout Social | $51.36 | 44.08% | Cantor Fitzgerald | Brett Knoblauch | $48 → $74 | Upgrade | Neutral → Overweight | Get Alert |
| 11/03/2023 | SPT | Buy Now | Sprout Social | $51.36 | 20.72% | Piper Sandler | Clarke Jeffries | $56 → $62 | Maintains | Overweight | Get Alert |
| 10/23/2023 | SPT | Buy Now | Sprout Social | $51.36 | 12.93% | Keybanc | Michael Turits | $62 → $58 | Maintains | Overweight | Get Alert |
FAQ
What is the target price for Sprout Social (SPT)?
The latest price target for Sprout Social (NASDAQ: SPT) was reported by Needham on April 22, 2024. The analyst firm set a price target for $75.00 expecting SPT to rise to within 12 months (a possible 46.03% upside). 35 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sprout Social (SPT)?
The latest analyst rating for Sprout Social (NASDAQ: SPT) was provided by Needham, and Sprout Social reiterated their buy rating.
When was the last upgrade for Sprout Social (SPT)?
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.
When was the last downgrade for Sprout Social (SPT)?
The last downgrade for Sprout Social Inc happened on February 14, 2023 when Cantor Fitzgerald changed their price target from $62 to $53 for Sprout Social Inc.
When is the next analyst rating going to be posted or updated for Sprout Social (SPT)?
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 April 22, 2024 so you should expect the next rating to be made available sometime around April 22, 2025.
Is the Analyst Rating Sprout Social (SPT) correct?
While ratings are subjective and will change, the latest Sprout Social (SPT) rating was a reiterated with a price target of $0.00 to $75.00. The current price Sprout Social (SPT) is trading at is $51.36, which is within the analyst’s predicted range.
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