Sprout Social (SPT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Sprout Social (SPT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Sprout Social, Inc. (NASDAQ:SPT) Q1 2024 Earnings Call Transcript May 2, 2024 Sprout Social, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing by. My name is Dee, and I will be your conference operator today. […]