Sprout Social (SPT, Financial), a prominent player in the social media management sector, has received a reiterated "Buy" rating from Needham analyst Scott Berg. This affirmation comes as of May 28, 2025, demonstrating consistent confidence in the company's market performance and potential.
The target price for Sprout Social (SPT, Financial) remains steady at USD 32.00. This unchanged price target indicates an ongoing belief in the company's current valuation and future growth prospects, as perceived by Needham.
Scott Berg, the analyst from Needham, maintains the price target at USD 32.00, reflecting a stable outlook on Sprout Social's (SPT, Financial) market position. The decision to uphold the "Buy" rating further underscores Sprout Social's (SPT) strategic initiatives and business operations.
Investors and market enthusiasts may find this consistent rating as an indicator of Sprout Social's (SPT, Financial) resilience and performance in the ever-evolving tech market. As the company continues to navigate the challenges and opportunities in the sector, Needham's maintained stance adds an element of stability for shareholders and potential investors alike.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Sprout Social Inc (SPT, Financial) is $28.15 with a high estimate of $38.00 and a low estimate of $18.00. The average target implies an upside of 30.89% from the current price of $21.51. More detailed estimate data can be found on the Sprout Social Inc (SPT) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, Sprout Social Inc's (SPT, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Sprout Social Inc (SPT, Financial) in one year is $77.57, suggesting a upside of 260.62% from the current price of $21.51. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Sprout Social Inc (SPT) Summary page.
