Added to YB: 2024-06-14
Pitch date: 2024-06-13
SPT [bullish]
Sprout Social, Inc.
-67.71%
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
$34.19
Price Target
93.70 (+749%)
Dividend
N/A
EV/EBITDA
-20.74
P/E
-12.28
EV/Sales
1.25
Sector
Software
Category
growth
Constellation Stock #9: Sprout Social, Inc. (SPT) - A Growth Story
SPT: Leading social media mgmt platform. Q1 rev +29% YoY to $96.8M, RPO +54%, cRPO +48%. Enterprise focus drives pipeline +37% & $50K+ ARR customers +44%. Non-GAAP OpInc $6M (6.2% margin). Investing in AI & partnerships. Sees $405-406M FY24 rev (+20%), $0.45-0.46 non-GAAP EPS. Valuation at 10x FY25 rev = $93.70 (+45% upside). Key risks: macro headwinds, strategic execution, regulation.
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