News
Public · Published
Sprout Social, Inc Stock 12‑Month Price Target Raised to $11, Implies 8% Downside
Estimates from nine analysts put Sprout Social's average 12-month price target at $11, up from $10.89, with individual forecasts ranging from $7 to $15 per share. Based on the Nov. 3 closing price, the revised average target implies about 8% downside; the consensus rating remains Hold among 11 analysts.
Published:
Updated:
What happened
Estimates from nine analysts put Sprout Social’s average 12-month price target at $11, up from $10.89, with individual forecasts ranging from $7 to $15 per share. Based on the Nov. 3 closing price, the revised average target implies about 8% downside; the consensus rating remains Hold among 11 analysts.
Confirmed
Global impact / market context
The higher target is a modest change in analysts’ valuation expectations, but the implied downside suggests their average forecast is below the reference closing price. If investors use that gap to reassess expected returns, buying interest or willingness to hold Sprout Social shares could weaken, though the rating balance is unchanged.
Analyst inference
The figures show differing analyst views: forecasts span $7 to $15, while the average is $11. Among 11 analysts, four rate the stock Buy, five Hold and two Sell. These recommendations express analyst opinions, not reported changes in Sprout Social’s business performance, revenue, costs or cash available.
Confirmed
What to watch
- Future analyst target revisions could reveal whether the $11 average moves meaningfully; changing expectations could alter investors’ view of the potential return from holding the shares. Analyst inference
- A change in the consensus rating would require a different balance of Buy, Hold and Sell recommendations; the article reports the current counts but no change. Analyst inference
- The stated 8% downside uses the Nov. 3 closing price as its reference, so a different share price would change the calculated gap to the average target. Analyst inference
Evidence
- Original source link unavailable