Sprout Social (NASDAQ:SPT) Stock Price Expected to Rise, KeyCorp Analyst Says

04 Nov 2026, 09:14 by Renee Jackson · The Cerbat Gem

Sprout Social (NASDAQ:SPT – Get Free Report) had its target price upped by equities researchers at KeyCorp from $7.00 to $10.00 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage presently has an “underweight” rating on the stock. KeyCorp‘s price target suggests a potential downside of 16.18% from the company’s current price.

Other analysts also recently issued reports about the company. Wall Street Zen upgraded Sprout Social from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Stifel Nicolaus increased their price objective on Sprout Social from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Wednesday, October 14th. Morgan Stanley raised their target price on Sprout Social from $10.00 to $11.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Needham & Company LLC restated a “buy” rating on shares of Sprout Social in a research report on Wednesday. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research report on Thursday, October 15th. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.44.

View Our Latest Research Report on SPT

Sprout Social Price Performance

Shares of NASDAQ:SPT opened at $11.93 on Wednesday. Sprout Social has a 52 week low of $4.92 and a 52 week high of $13.35. The company has a 50-day moving average price of $11.09 and a 200 day moving average price of $8.28. The company has a market cap of $722.84 million, a P/E ratio of -23.86 and a beta of 0.95. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.14.

Sprout Social (NASDAQ:SPT – Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $0.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.16. The company had revenue of $125.15 million for the quarter, compared to analysts’ expectations of $123.83 million. Sprout Social had a negative return on equity of 8.80% and a negative net margin of 6.13%. Research analysts predict that Sprout Social will post -0.02 earnings per share for the current year.

Insider Buying and Selling at Sprout Social

In related news, insider Justyn Howard sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $11.02, for a total value of $440,800.00. Following the sale, the insider owned 7,417 shares in the company, valued at $81,735.34. This represents a 84.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 51,612 shares of company stock valued at $573,757. Corporate insiders own 9.60% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SPT. Parallel Advisors LLC boosted its position in shares of Sprout Social by 341.9% in the 3rd quarter. Parallel Advisors LLC now owns 4,406 shares of the company’s stock worth $43,000 after buying an additional 3,409 shares in the last quarter. CenterBook Partners LP purchased a new position in Sprout Social during the 3rd quarter valued at about $207,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Sprout Social during the 3rd quarter valued at about $59,000. Vise Technologies Inc. raised its position in Sprout Social by 41.4% during the third quarter. Vise Technologies Inc. now owns 21,005 shares of the company’s stock worth $205,000 after acquiring an additional 6,149 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. raised its position in Sprout Social by 201.6% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 9,647 shares of the company’s stock worth $94,000 after acquiring an additional 6,448 shares during the last quarter.

Sprout Social News Roundup

Here are the key news stories impacting Sprout Social this week:

Positive Sentiment: Q3 adjusted earnings were $0.45 per share, above analyst expectations of about $0.29–$0.30 and up from $0.23 a year earlier. Revenue of $125.15 million also topped the $123.83 million consensus. Sprout Social additionally reported record non-GAAP operating income of $26.3 million, a 21% margin. Sprout Social Announces Third Quarter 2026 Financial Results
Negative Sentiment: Despite the quarterly beat, the company’s revenue outlook for the next quarter was described as slightly below analyst expectations. That softer forward signal could temper the positive impact of the results. Sprout Social’s Q3 2026 Results and Guidance
Negative Sentiment: A shareholder-law firm said it is investigating potential fiduciary-duty claims after a federal court declined to dismiss a securities-fraud class action against the company. The ongoing litigation adds legal and reputational uncertainty, though the alert itself is not a finding of wrongdoing. Shareholder Alert Regarding Sprout Social

About Sprout Social

(Get Free Report)

Sprout Social, Inc is a software company that provides a cloud-based social media management platform for businesses and organizations. Its platform helps customers manage social media publishing, engagement, customer care, analytics, listening and employee advocacy from a centralized environment.