Wall Street Analysts Think Sprout Social (SPT) Could Surge 27.31%: Read This Before Placing a Bet

Group 1 - Sprout Social (SPT) shares have increased by 22.6% over the past four weeks, closing at $23.14, with a mean price target of$29.46 indicating a potential upside of 27.3% [1] - The average of 13 short-term price targets ranges from a low of $18 to a high of$42, with a standard deviation of $6.49, suggesting variability in analyst estimates [2] - Analysts show strong agreement on SPT's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][11] Group 2 - The Zacks Consensus Estimate for SPT has increased by 10.5% due to five upward revisions in earnings estimates over the last 30 days, with no negative revisions [12] - SPT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13]