Sprout Social (SPT) Tops Q1 EPS by 9c, Offers Mixed Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/23/2026

1. SPCX
2. ABBV
3. MU
4. ACN
5. IBM
6. META
7. SPY
8. NVDA
9. PRIM
10. PFE

Go back to Sprout Social (SPT) Tops Q1 EPS by 9c, Offers Mixed Guidance

Goldman Sachs Downgrades Sprout Social Inc. (SPT) to Neutral

May 3, 2024 8:28 AM EDT

Goldman Sachs analyst Adam Hotchkiss downgraded Sprout Social Inc. (NASDAQ: SPT) from Buy to Neutral with a price target of $44.00 (from $80.00).

The analyst comments "We downgrade shares of SPT to Neutral from Buy and lower our 12-month PT to $44 from $80, as we underestimated the near-term disruption risk to organic growth from the company's re-orientation upmarket, something we anticipated would be a more immediate driver of... More

Sprout Social Inc. (SPT) PT Lowered to $46 at Cantor Fitzgerald

May 3, 2024 6:56 AM EDT

Cantor Fitzgerald analyst Brett Knoblauch lowered the price target on Sprout Social Inc. (NASDAQ: SPT) to $46.00 (from $74.00) while maintaining a Overweight rating.

The analyst comments "This afternoon (5/2), SPT reported 1Q24 results. Maybe we should have applied more weight to the fact that SPT announced a CEO transition after the first quarter ended and did not... More

BTIG Downgrades Sprout Social Inc. (SPT) to Neutral

May 3, 2024 6:24 AM EDT

BTIG analyst Matt VanViet downgraded Sprout Social Inc. (NASDAQ: SPT) from Buy to Neutral.

The analyst comments "On Thursday, May 2nd, AMC, SPT reported disappointing 1Q24 results and provided significantly lower guidance as the company makes major changes to its GTM... More