- Shares of Sprout Social have more than doubled year to date, as investors have clambered onto its social media growth story.
- The company offers a management platform for social media, allowing companies to curate, manage, and run analytics on their social media content.
- Revenue is growing at a >40% y/y pace, which is a testament to an industry in relative infancy.
- Still, trading at >30x outer-year revenue, Sprout Social's strengths are likely already priced into its stock.
For further details see:
Sprout Social: Lock In Gains, This Stock Has Shot Up Too Quickly