Sprout Social (NASDAQ:SPT) Issues Q3 2026 Earnings Guidance

Sprout Social (NASDAQ:SPT) updated its third quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.290-0.300 for the period, compared to the consensus estimate of 0.180. The company issued revenue guidance of $123.3 million-$124.1 million, compared to the consensus revenue estimate of $123.7 million. Sprout Social also updated its FY 2026 guidance to 1.110-1.150 EPS.

Sprout Social Trading Down 5.1%

Shares of SPT stock traded down $0.44 during mid-day trading on Thursday, reaching $8.19. The company’s stock had a trading volume of 1,774,468 shares, compared to its average volume of 1,495,673. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $492.27 million, a PE ratio of -12.41 and a beta of 0.97. The company’s 50 day simple moving average is $7.75 and its 200-day simple moving average is $7.10. Sprout Social has a 12-month low of $4.92 and a 12-month high of $17.41.

Sprout Social (NASDAQ:SPT) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.10. The firm had revenue of $123.85 million during the quarter, compared to the consensus estimate of $122.19 million. Sprout Social had a negative return on equity of 13.90% and a negative net margin of 8.18%.Sprout Social has set its FY 2026 guidance at 1.110-1.150 EPS and its Q3 2026 guidance at 0.290-0.300 EPS. On average, research analysts predict that Sprout Social will post -0.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Sprout Social in a research note on Friday, July 17th. Barclays lifted their price target on shares of Sprout Social from $8.00 to $9.00 and gave the stock an “overweight” rating in a research note on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Sprout Social has a consensus rating of “Hold” and a consensus price target of $11.88.

Insider Activity

In related news, insider Justyn Russell Howard sold 40,000 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $8.28, for a total value of $331,200.00. Following the sale, the insider directly owned 7,417 shares of the company’s stock, valued at $61,412.76. This represents a 84.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 9.60% of the company’s stock.

Institutional Investors Weigh In On Sprout Social

Several hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Sprout Social by 2.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,127 shares of the company’s stock worth $1,168,000 after buying an additional 1,265 shares during the period. Russell Investments Group Ltd. raised its holdings in Sprout Social by 39.1% in the 4th quarter. Russell Investments Group Ltd. now owns 6,235 shares of the company’s stock valued at $70,000 after acquiring an additional 1,752 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Sprout Social by 55.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,496 shares of the company’s stock valued at $115,000 after buying an additional 1,962 shares during the period. Summit Securities Group LLC lifted its holdings in shares of Sprout Social by 399.0% during the 4th quarter. Summit Securities Group LLC now owns 2,520 shares of the company’s stock worth $28,000 after acquiring an additional 2,015 shares during the period. Finally, Headlands Technologies LLC lifted its position in shares of Sprout Social by 13.0% during the 2nd quarter. Headlands Technologies LLC now owns 18,573 shares of the company’s stock worth $388,000 after buying an additional 2,131 shares during the last quarter.

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.