Morgan Stanley has revised its price target for Sprout Social (SPT, Financial), bringing it down from $30 to $22. Despite the adjustment, the firm maintains an Equal Weight rating for the stock. The decision is part of a broader strategy to reevaluate risk and reward potentials across various software companies. This reassessment comes as Morgan Stanley examines the uncertainties surrounding tariff risks and how these factors are currently reflected in stock prices.
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 $31.85 with a high estimate of $42.00 and a low estimate of $23.00. The average target implies an upside of 63.57% from the current price of $19.47. 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 $83.30, suggesting a upside of 327.84% from the current price of $19.47. 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.
