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home / news releases / SPT - Sprout Social: Plant A Seed And Watch It Sprout


SPT - Sprout Social: Plant A Seed And Watch It Sprout

  • Sprout Social is a platform that empowers companies to navigate and optimize their social media channels from one centralized environment.
  • More and more businesses are designing their operations in such a way as to require a social media optimizing platform like Sprout Social.
  • And the company's revenues illustrate this idea as the company recently grew its revenues by 30% YoY in 2019 to $102.7 million.
  • The pandemic appears to have had little effect on the company as it continues to grow at approximately 30%.
  • Sprout Social is still a very interesting play with avenues for further sustained growth as well as accelerated growth. In this light, I rate it a buy at $47.

For further details see:

Sprout Social: Plant A Seed And Watch It Sprout
Stock Information

Company Name: Sprout Social Inc
Stock Symbol: SPT
Market: NASDAQ
Website: sproutsocial.com

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