Sprout Social stock fell 2.79 percent on October 2
Published on 10/04/2026 at 21:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSSprout Social (ISIN US85209W1099) stock was last at USD 10.09 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, down 2.79 percent from USD 10.38. The companys latest quarterly report, released August 6, 2026, showed adjusted earnings per share of USD 0.26 against USD 0.16 consensus, putting operating performance ahead of expectations per MarketBeat.
Quarterly beat meets cautious view
Sprout Social reported revenue of USD 123.85 million in that quarterly release, compared with USD 122.19 million expected, a USD 1.66 million beat. The same report put adjusted EPS USD 0.10 above consensus, while net margin remained negative at 6.13 percent, according to MarketBeat.
The earnings mix therefore sends two signals at once: the latest quarter cleared both major estimates, but profitability remained negative. Sprout Social also set fiscal 2026 adjusted EPS guidance at USD 1.110-1.150 and Q3 2026 guidance at USD 0.290-0.300, as MarketBeat reported on October 1, 2026.
Targets sit near the last price
Analyst coverage remains balanced rather than decisively bullish. MarketBeat reported on October 3, 2026 that nine firms assigned a Hold consensus, including two Sell, three Hold, three Buy and one Strong Buy rating.
The average 12-month target is USD 10.43, which lies 3.4 percent above the October 2 price of USD 10.09. Barclays raised its target from USD 9.00 to USD 12.00 on August 11, 2026, while Morgan Stanley lifted its target from USD 10.00 to USD 11.00 on August 13, 2026, according to MarketBeat.
Software scale meets weak profits
Sprout Social says its cloud platform serves more than 30,000 brands with publishing, engagement, analytics, customer care and social listening tools, according to the companys investor-relations page at Sprout Social. That recurring software model gives the quarterly revenue figure strategic weight, but the negative margin keeps the path to durable earnings central to the stock story.
SPT stays below its yearly high
SPT was last at USD 10.09 on Nasdaq on October 2, 2026 at 4:00 p.m. ET, with a 52-week range of USD 4.92 to USD 12.61, market capitalization of USD 606.5 million and volume of 676,065 shares. The stock was 20.0 percent below its 52-week high, leaving the USD 10.43 consensus target only USD 0.34 above the latest price.
Sprout Social stock facts
- Company: Sprout Social, Inc.
- ISIN: US85209W1099
- Ticker: SPT
- Trading venue: NASDAQ
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 10.09
- Market capitalization: USD 606.5 million (as of October 2, 2026)
- 52-week range: USD 4.92-12.61 (as of October 2, 2026)
- Sector / Industry: Technology / Software - Application
- Next earnings date: November 4, 2026
Upcoming dates for Sprout Social stock
- November 4, 2026: Q3 2026 earnings report
