Sprout Social, Inc. designs, develops, and operates a web-based social media management tool in Americas, EMEA, and the Asia Pacific. The company offers cloud software that brings together social messaging, data, and workflows in a unified system of record, intelligence, and action. It provides various integrated tools in a range of functions comprising social engagement/response, publishing, reporting and analytics, social listening and business intelligence, reputation management, employee advocacy, and automation and workflows. The company's tools serves a range of use-cases within its customers' organizations, including social and community management, public relations, marketing, customer service, sales and customer acquisition, recruiting and hiring, product development, and business strategy. It also offers professional services, which primarily consist of consulting and training services. The company serves approximately 26,000 customers across small-and-medium-sized businesses, mid-market companies, enterprises, and marketing agencies, as well as government, non-profit, and educational institutions. Sprout Social, Inc. was incorporated in 2010 and is headquartered in Chicago, Illinois.
IPO Year: 2019
Exchange: NASDAQ
Website: sproutsocial.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2025 | $24.00 | Overweight → Neutral | Cantor Fitzgerald |
| 11/19/2024 | $28.00 | Sector Perform | Scotiabank |
| 8/22/2024 | $28.00 | Sector Weight → Underweight | KeyBanc Capital Markets |
| 5/3/2024 | Outperform → Mkt Perform | William Blair | |
| 5/3/2024 | $80.00 → $44.00 | Buy → Neutral | Goldman |
| 5/3/2024 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 5/3/2024 | $72.00 → $45.00 | Outperform → Neutral | Robert W. Baird |
| 5/3/2024 | $66.00 → $40.00 | Overweight → Neutral | Piper Sandler |
| 5/3/2024 | Buy → Neutral | BTIG Research | |
| 4/18/2024 | $76.00 | Outperform | Oppenheimer |
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Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Cantor Fitzgerald downgraded Sprout Social from Overweight to Neutral and set a new price target of $24.00
Scotiabank initiated coverage of Sprout Social with a rating of Sector Perform and set a new price target of $28.00
KeyBanc Capital Markets downgraded Sprout Social from Sector Weight to Underweight and set a new price target of $28.00
William Blair downgraded Sprout Social from Outperform to Mkt Perform
Goldman downgraded Sprout Social from Buy to Neutral and set a new price target of $44.00 from $80.00 previously
KeyBanc Capital Markets downgraded Sprout Social from Overweight to Sector Weight
Robert W. Baird downgraded Sprout Social from Outperform to Neutral and set a new price target of $45.00 from $72.00 previously
Piper Sandler downgraded Sprout Social from Overweight to Neutral and set a new price target of $40.00 from $66.00 previously
BTIG Research downgraded Sprout Social from Buy to Neutral
Oppenheimer initiated coverage of Sprout Social with a rating of Outperform and set a new price target of $76.00
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Innovations with Bluesky, LinkedIn, Meta, Salesforce, and TikTok Listening help brands connect with customers, capture sentiment, and deliver authentic, timely, data-driven experiences to drive measurable business outcomes.New digital publishing integrations streamline creative workflows, helping teams publish more compelling branded content and visuals to social faster. CHICAGO, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced a new wave of features and partnerships designed to help brands lead in the Social Intelligence era. As customers increasingly turn to platforms like TikTok a
New Digital Engagement integration brings Instagram, LinkedIn, X, Facebook Messenger, and WhatsApp* into Salesforce to scale faster, smarter customer experiences on social.This integration helps brands streamline social customer care, unify social and CRM data for a 360-degree view of their customers, and deliver consistent, high-quality experiences across all channels. CHICAGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced an expanded relationship with Salesforce, as the first social media management platform to build a connection with Salesforce Digital Engagement using th
CHICAGO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its second quarter ended June 30, 2025. "Our team delivered strong results in the second quarter, highlighted by 12% revenue growth and solid profitability," said Ryan Barretto, CEO of Sprout Social. "We remain committed to strengthening our enterprise presence by increasing customer adoption, expanding within existing accounts, and scaling growth through strategic partnerships. We believe our investments in our product, especially our recent acquisition of NewsWhip,
Acquisition brings a predictive, agentic experience to enterprises looking to proactively navigate the complex media and social landscapeTogether, Sprout and NewsWhip will turn real-time, AI-powered intelligence into social action, empowering brands and publishers to engage with speed, precision and purpose CHICAGO, July 30, 2025 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the acquisition of NewsWhip, a pioneer in AI-powered, predictive media intelligence. This acquisition will expand Sprout Social's footprint in the predictive intelligence market and create an innovative solution that empowe
CHICAGO, July 07, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the second quarter ending June 30, 2025 after market close on Wednesday, August 6, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Wednesday, August 6, 2025. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I191311. The live webcast of the conference call can be accessed
Sprout earns 164 leader badges in G2's 2025 Summer Reports across all business segments and regions while ranking #1 in 33 reports including the Enterprise Grid® Report for Social Media Suites and the Grid® Report for Social Customer ServiceSprout earns #1 in 17 region-specific G2 reports, including the Enterprise EMEA Regional Grid® Report for Social Customer Service and the Southeast Asia Regional Grid® Report for Social Media SuitesTrustRadius recognizes Sprout with eight awards in the 2025 Top Rated Awards across categories including Social Media Marketing, Social Media Customer Service and Competitive Intelligence CHICAGO, June 25, 2025 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT),
Driving operational efficiency and financial visibility with Coupa's unified AI-native total spend management platform FOSTER CITY, Calif., June 18, 2025 /PRNewswire/ -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, is leveraging Coupa, the leading AI-native total spend management platform, to drive comprehensive spend management analysis, empowering its organization to gain greater visibility into spend and grow its margins across all lines of business. Sprout Social's mission is to help organizations – such as Coupa
More than 1 in 3 consumers across age groups prefer searching on social platforms first for product reviews and recommendations76% of users say social content influenced a purchase in the last six months, including 90% of Gen ZRespondents say social platforms deliver net-positive impacts on their mental health, financial decisions, and social lives CHICAGO, May 29, 2025 (GLOBE NEWSWIRE) -- Gen Z isn't just spending more time on social media; they're turning to it first when they need answers, which is shaping how they live, learn, and shop. According to new research from Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, this generati
CHICAGO, May 08, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2025. "Our team delivered strong results in the first quarter, highlighted by 13% revenue growth, a 21% increase in cRPO, and profitability expansion," said Ryan Barretto, CEO of Sprout Social. "We remain focused on winning in the enterprise, deepening customer adoption, scaling through partnerships, and driving expansion within accounts. With the rapid shift toward social as a primary channel for discovery and engagement, we believe
Sprout Social expanded and reimagined its core Social Media Management platform with AI-driven customer care, employee advocacy, analytics and influencer marketing solutions—releasing over 200 new product capabilities in 2024 alone.The company increased its global footprint with a team of over 1,000 employees around the world, with offices in Chicago, Seattle, Dublin and a newly expanded presence in Krakow. Since going public in 2019, Sprout has delivered a compound annual growth rate of 32% and now serves approximately 30,000 customers in more than 100 countries. CHICAGO, April 23, 2025 (GLOBE NEWSWIRE) -- Fifteen years ago, social media was an emerging curiosity and little understood to
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Live Leadership Updates
After leading the company for nearly two decades, Founder and CEO Timothy Chi will transition to a Board role. Raina Moskowitz, Chief Operating and Marketing Officer of Etsy, will join The Knot Worldwide as Chief Executive Officer and a member of the Board of Directors. The Knot Worldwide, a leading global marketplace and family of brands powering celebrations, today announced the appointment of Raina Moskowitz, current Chief Operating and Marketing Officer of Etsy, as President and Chief Executive Officer and member of the Board of Directors effective January 21, 2025. Moskowitz will succeed CEO and Founder Tim Chi, who has led the company for nearly two decades and will continue servi
CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Mike Wolff to Chief Revenue Officer, effective September 2, 2024. As Chief Revenue Officer, Wolff will oversee Sprout's global Sales, Success and Partnerships organization. He will focus on the continued global growth and expansion of Sprout's innovative offerings. Wolff brings more than 20 years of experience leading global sales and technology organizations. He recently served as Chief Revenue Officer of Salesforce.org, where he led the company's global sales and solu
CHICAGO, June 11, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Erika Trautman to chief product officer, effective July 15, 2024. As chief product officer, Trautman will oversee Sprout's global product organization and focus on elevating and expanding Sprout's innovative product offering. Trautman brings more than 15 years of experience in technology to Sprout with a career that has spanned work as a start-up founder to the management of billion-user products. Prior to Sprout, Trautman was the senior vice president and general manag
CHICAGO, March 14, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Crystal Boysen to chief people officer (CPO), effective March 25, 2024. As CPO, Boysen will oversee Sprout's global people function and have an essential role in building and elevating Sprout's world-class team. Boysen brings more than 15 years of deep, cross-functional HR experience. Prior to Sprout, Boysen was the CPO at Vimeo where she was responsible for driving a people-first organization and culture, and attracting, engaging and retaining talent globally as the
CHICAGO, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Scott Morris to chief marketing officer (CMO), effective December 4, 2023. As CMO, Morris will oversee Sprout's global marketing organization and be a key contributor to Sprout's continued growth. Morris brings more than 25 years of experience leading key strategic marketing initiatives at both B2B and B2C tech companies. Prior to Sprout, Morris held executive leadership positions at Zendesk including SVP Global Marketing and Acting CMO, during which time he led the com
CHICAGO, June 16, 2021 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social" or the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that Thomas Stanley, Chief Revenue Officer at Tanium, will be joining their board of directors, effective June 16, 2021. "Thomas has been an exceptional leader in the technology industry for more than two decades and we're excited for him to bring his deep sales, go-to-market strategy and partnership experience to our board," said Justyn Howard, CEO of Sprout Social. "As Sprout continues to accelerate our growth, his perspective and expertise will help us continue to capture the opportu
CHICAGO, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social” or the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that Raina Moskowitz, Chief Operations, Strategy and People Officer at Etsy, Inc., will be joining their board of directors, effective December 10, 2020. “As Sprout expands our footprint within the industry, we’re excited to have Raina join our board,” said Justyn Howard, CEO of Sprout Social. “She brings deep experience across several disciplines, has a proven track record with world-class companies and is a perfect complement to our board of directors and leadership team.” Raina
Live finance-specific insights
CHICAGO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its second quarter ended June 30, 2025. "Our team delivered strong results in the second quarter, highlighted by 12% revenue growth and solid profitability," said Ryan Barretto, CEO of Sprout Social. "We remain committed to strengthening our enterprise presence by increasing customer adoption, expanding within existing accounts, and scaling growth through strategic partnerships. We believe our investments in our product, especially our recent acquisition of NewsWhip,
Acquisition brings a predictive, agentic experience to enterprises looking to proactively navigate the complex media and social landscapeTogether, Sprout and NewsWhip will turn real-time, AI-powered intelligence into social action, empowering brands and publishers to engage with speed, precision and purpose CHICAGO, July 30, 2025 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the acquisition of NewsWhip, a pioneer in AI-powered, predictive media intelligence. This acquisition will expand Sprout Social's footprint in the predictive intelligence market and create an innovative solution that empowe
CHICAGO, July 07, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the second quarter ending June 30, 2025 after market close on Wednesday, August 6, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Wednesday, August 6, 2025. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I191311. The live webcast of the conference call can be accessed
CHICAGO, May 08, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its first quarter ended March 31, 2025. "Our team delivered strong results in the first quarter, highlighted by 13% revenue growth, a 21% increase in cRPO, and profitability expansion," said Ryan Barretto, CEO of Sprout Social. "We remain focused on winning in the enterprise, deepening customer adoption, scaling through partnerships, and driving expansion within accounts. With the rapid shift toward social as a primary channel for discovery and engagement, we believe
CHICAGO, April 07, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the first quarter ending March 31, 2025 after market close on Thursday, May 8, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Thursday, May 8, 2025. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I191310. The live webcast of the conference call can be accessed from Sp
CHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2024. "The Sprout team delivered a solid fourth quarter, driving 14% revenue growth and 26% growth in cRPO, laying the foundation for future growth in 2025 and beyond. As we work to define the future of social media management, we remain focused on execution—winning the enterprise, driving customer health, expanding our partnership ecosystem, and driving deeper engagement in our customer base," said Ryan Barretto, CEO.
CHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the fourth quarter ending December 31, 2024 after market close on Tuesday, February 25, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Tuesday, February 25, 2025. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I1913111787. The live webcast of the conference call can be
CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its third quarter ended September 30, 2024. "The Sprout team delivered a solid third quarter, driving 20% revenue growth and 31% growth in cRPO as we executed our strategy across key company metrics. Sprout continues to focus on product leadership and expanding our competitive position within the Enterprise segment as these customers leverage the power of Social to drive their digital strategies," said Ryan Barretto, CEO. Third Quarter 2024 Financial Highlights Re
CHICAGO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the second quarter ending September 30, 2024 after market close on Thursday, November 7, 2024. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Thursday, November 7, 2024. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I1913184. The live webcast of the conference call can be a
CHICAGO, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its second quarter ended June 30, 2024. "We're pleased to share that we're tracking ahead of the plan outlined last quarter," said Ryan Barretto, President and incoming CEO. "Through the dedication and hard work of our teams and strong customer success, we further extended our product leadership, continued to improve our competitive position, and generated record pipeline. We're building momentum for a stronger second half of the year." Second Quarter 2024 Fina