Stifel raises target for Sprout Social stock from USD 12 to USD 14
Published on 10/18/2026 at 13:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget reset and reporting date
- Stifel lifted its Sprout Social target to USD 14.00 from USD 12.00 on October 14, 2026.
- Second-quarter revenue reached USD 123.85 million, an increase of 10.8 percent year over year.
- Third-quarter results are scheduled for November 3, 2026.
Sprout Social (ISIN US85209W1099) had its Stifel price target raised from USD 12.00 to USD 14.00 on October 14, 2026, as Markets Insider reported. The analyst house kept a Buy rating as part of its review of application and vertical software companies.
Stifel resets the target
The move puts the target 24.00 percent above the previous USD 12.00 level. It also leaves the new target 24.11 percent above the USD 11.28 Nasdaq close on October 16, 2026, a separate market reference for investors.
Sprout Social develops cloud software for social media management, analytics, publishing, customer care, influencer marketing and artificial intelligence tools. The company says its platform serves more than 30,000 brands, according to its Sprout Social investor-relations page.
What does the quarter mean?
Second-quarter revenue reached USD 123.85 million in the period ended June 30, 2026, up 10.8 percent from the prior year. Investing.com reported that non-GAAP operating margin reached 12.9 percent and non-GAAP free cash flow was USD 8.3 million.
The standardized quarterly figures show a GAAP net loss attributable to common shareholders of USD 3.09 million and diluted GAAP earnings per share of minus USD 0.05 for the second quarter. The contrast between revenue growth and the GAAP loss keeps profitability central to the next update.
Three dated developments
On June 30, 2026, Sprout Social reported second-quarter revenue of USD 123.85 million. On October 5, 2026, the company announced that third-quarter results would cover the period ending September 30, 2026. On October 14, 2026, Stifel raised its target from USD 12.00 to USD 14.00.
Next reporting date
GlobeNewswire carried the company announcement that third-quarter 2026 results are scheduled for November 3, 2026, after the Nasdaq session. The webcast is scheduled for 4:30 p.m. Eastern Time.
Market value and trading context
Sprout Social had a market capitalization of USD 683.5 million as of October 16, 2026. Its 52-week range was USD 4.92 to USD 12.06, placing the October 16 close USD 0.78 below the high.
The company is classified in Technology and Software - Application, with Nasdaq as its primary exchange. The next results will show whether the second-quarter revenue pace and non-GAAP cash generation are continuing into the September quarter.
The further course of trading is shown by the continuously updated real-time quote of Sprout Social stock.
Sprout Social stock key facts
- Company: Sprout Social, Inc.
- ISIN: US85209W1099
- Ticker: SPT
- Primary exchange: Nasdaq
- Market capitalization: USD 683.5 million (as of October 16, 2026)
- 52-week range: USD 4.92-12.06 (as of October 16, 2026)
- Sector / Industry: Technology / Software - Application
Market context: Market report S&P 500.
