Professional
Added to YB: 2024-01-08
Pitch date: 2024-01-08
SPT [bullish]
Sprout Social, Inc.
-80.45%
current return
Author Info
No bio for this author
Company Info
Sprout Social, Inc. designs, develops, and operates a web-based social media management platform in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
$587.2M
Pitch Price
$56.47
Price Target
72.00 (+552%)
Dividend
N/A
EV/EBITDA
-20.74
P/E
-12.28
EV/Sales
1.25
Sector
Software
Category
growth
Sprout Social (SPT - Outperform)
SPT: Social media monitoring leader w/ expanding TAM. Shorted 20% on recent report but enterprise move working despite noise. Sprinklr challenges benefit SPT. Salesforce 2024 conversions promising. 2028 targets: $1B rev, 20% margins. $72 PT = 7.3x '25 sales (peers 3-15x) on large TAM, founder vision, margin opp. Risks: contract, SMB churn, competition.
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