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The latest update is out from Sprout Social ( (SPT) ).
On February 9, 2026, Sprout Social announced that Chief Financial Officer and Treasurer Joe Del Preto intends to resign effective March 11, 2026, to pursue another professional opportunity. The company emphasized that his departure is not related to any disagreement over accounting, financial reporting or operational practices and that he will not receive severance benefits for his voluntary exit.
Sprout Social’s board expressed appreciation for Del Preto’s contributions and noted that a search has begun for a permanent successor to the CFO role. The leadership transition signals a period of financial stewardship change but, according to the company’s disclosure, does not reflect underlying disputes over governance or controls, which may reassure investors and other stakeholders.
The most recent analyst rating on (SPT) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Sprout Social stock, see the SPT Stock Forecast page.
Spark’s Take on SPT Stock
According to Spark, TipRanks’ AI Analyst, SPT is a Neutral.
The score is driven by improving fundamentals (cash flow strength, reduced leverage, strong gross margin) and a positive earnings-call outlook with raised guidance and margin expansion. Offsetting this, technicals are notably weak with the price below key moving averages and negative MACD, and valuation remains constrained by ongoing losses (negative P/E).
To see Spark’s full report on SPT stock, click here.
More about Sprout Social
Sprout Social operates in the social media management and analytics industry, offering software that helps brands and organizations manage, analyze and optimize their social media presence. The company focuses on serving businesses that rely on data-driven social engagement and reputation management across digital channels.
Average Trading Volume: 1,268,443
Technical Sentiment Signal: Sell
Current Market Cap: $471.3M
For a thorough assessment of SPT stock, go to TipRanks’ Stock Analysis page.