Analyst Scott Berg of Needham maintained a Buy rating on Sprout Social, retaining the price target of $32.00.
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Scott Berg has given his Buy rating due to a combination of factors, primarily Sprout Social’s disclosure that its fourth-quarter and full-year 2025 results should surpass earlier forecasts for revenue, non-GAAP operating income, and non-GAAP EPS. This upside to guidance indicates business momentum is stronger than the market had been expecting ahead of the formal earnings release.
He also views the stock’s recent weakness as more tied to a broader SaaS sector pullback than to company-specific issues, despite the announced departure of long-time CFO Joe Del Preto. With a CFO search already underway and fundamentals trending better than planned, Berg sees the dislocation in SPT shares as an attractive entry point that supports his Buy recommendation.
Berg covers the Technology sector, focusing on stocks such as Freshworks, Workday, and Five9. According to TipRanks, Berg has an average return of -7.9% and a 36.20% success rate on recommended stocks.