CHICAGO, Aug. 19, 2026 (GLOBE NEWSWIRE) -- One month after Sprout Social (Nasdaq: SPT), the AI-powered Social Intelligence Platform, made Trellis, its proprietary agentic AI, available to every customer on every plan, a pattern is already emerging: social teams are putting it to work on problems far more complex than simply writing captions.
I maintain a Hold rating on Sprout Social, Inc. as the top-line growth rate slows, but operating results approach breakeven, supported by its Trellis Gen AI system. SPT's focus is shifting to higher-value $30K+ ARR clients and cross-selling, while a 20% headcount reduction raises concerns about sustaining revenue growth. The company trades at a forward EV/Sales discount (1.1x vs. SaaS median 4.1x) due to lower forward growth expectations and disruption risks.
Amundi lessened its stake in shares of Sprout Social, Inc. (NASDAQ: SPT) by 33.8% during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 183,702 shares of the company's stock after selling 93,819 shares during the period. Amundi owned about 0.31% of Sprout Social worth $1,047,000
Sprout Social NASDAQ: SPT reported second-quarter revenue of $123.8 million, up 10.8% from a year earlier, as the social media management software provider continued to shift its business toward larger customers and expanded its artificial intelligence offerings.
Sprout Social (SPT) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.18 per share a year ago.
Sprout Social views this recognition as a reflection of its commitment to AI-powered Social Intelligence and its strategy to turn real-time social signals into business decisions, driven by its proprietary AI agent, Trellis Sprout Social views this recognition as a reflection of its commitment to AI-powered Social Intelligence and its strategy to turn real-time social signals into business decisions, driven by its proprietary AI agent, Trellis
CHICAGO, July 06, 2026 (GLOBE NEWSWIRE) -- Sprout Social, Inc. (“Sprout Social”, the “Company”) (NASDAQ: SPT), a leading AI-powered Social Intelligence Platform, today announced that it will report its financial results for the second quarter ending June 30, 2026 after market close on Thursday, August 6, 2026.