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Sprout Social (SPT) Stock News

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Welcome to our dedicated page for Sprout Social news (Ticker: SPT), a resource for investors and traders seeking the latest updates and insights on Sprout Social stock.

Sprout Social, Inc. develops cloud-based social media management and analytics software for brands that use social messaging, data, workflows and engagement tools across major social networks and digital platforms. Its platform includes publishing and engagement, customer care, influencer marketing, advocacy, social listening, analytics and AI-powered business intelligence.

Company news commonly covers subscription revenue trends, annual recurring revenue customer cohorts, remaining performance obligations, profitability measures, product launches such as Sprout AI, Trellis and NewsWhip by Sprout Social, partnerships with social platforms, research on social intelligence and consumer behavior, webinars, capital allocation actions and quarterly earnings announcements.

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Sprout Social, a leading provider of cloud-based social media management software, has been named to the 2024 Fortune Best Workplaces in Chicago™ List for the third consecutive year. The recognition is based on nearly 50,000 confidential employee responses evaluating trust in leadership, fair treatment, and team camaraderie.

91% of Sprout Social employees stated it is a great place to work, significantly higher than the 57% average for typical U.S. companies. This achievement reflects Sprout's strong workplace culture and employee satisfaction. Additionally, Sprout Social has been featured on Crain's Fast 50 List for revenue growth and recognized as a Best Company to Work for: Midwest by U.S. News & World Report.

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Sprout Social (Nasdaq: SPT), a leading provider of cloud-based social media management software, announced Erika Trautman's appointment as chief product officer effective July 15, 2024. Trautman, who has over 15 years of technology experience, will oversee the global product organization and enhance Sprout’s product offerings. Previously, she held senior roles at Atlassian, where she drove significant revenue growth, and at Google, where she advanced Google Drive and Editors during the pandemic. CEO Justyn Howard expressed excitement about Trautman's potential to accelerate Sprout’s product innovation and growth.

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Sprout Social has introduced AI-powered enhancements and 20 new product capabilities aimed at optimizing social media strategies and customer engagement.

Key updates include 'Generate by AI Assist' for accurate alt-text, 'Analyze by AI Assist' for performance trends, and AI solutions that prioritize messages and automate responses.

A new partnership with Snapchat via Tagger enables better market trend exploration and audience connection.

The 'My Reports' interface offers flexible, granular reporting, while new Instagram Threads features enhance engagement and scheduling.

These innovations, gathered from feedback from 30,000 customers, aim to streamline workflows and increase business impact.

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Bleichmar Fonti & Auld LLP announces the July 12, 2024, deadline for the Sprout Social (Nasdaq: SPT) Securities Class Action Lawsuit. Initiated on May 13, 2024, the lawsuit alleges that Sprout Social failed to disclose critical information to investors between November 2, 2023, and May 2, 2024. These include inaccurate sales and revenue growth indicators, integration challenges with the Tagger acquisition, and adjusted fiscal year 2024 revenue guidance. Shareholders are encouraged to submit their information for potential participation in the lawsuit. For more details, visit https://www.bfalaw.com/cases/sprout-social-inc-investigation.

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Sprout Social, Inc. (

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FAQ

What is the current stock price of Sprout Social (SPT)?

The current stock price of Sprout Social (SPT) is $9.81 as of August 18, 2026.

What is the market cap of Sprout Social (SPT)?

The market cap of Sprout Social (SPT) is approximately 594.4M.