Sprout Social Named a Leader in Worldwide Social Marketing Software for Large Enterprises by IDC MarketScape

$SPT
Computer Software: Prepackaged Software
Technology
Get the next $SPT alert in real time by email

CHICAGO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, has been named a Leader in the 2024-25 IDC MarketScape on Worldwide Social Marketing Platform: Large Enterprises. The report recognizes Sprout for its innovative platform that helps enterprise organizations scale their strategies and drive more business impact with social.

Sprout Social helps organizations amplify their brands, engage more efficiently with customers and deliver more ROI from their social efforts. The independent report highlights Sprout's intuitive workflows, AI-powered features and strong integrations with popular business software like Salesforce and Zendesk. The IDC report also emphasizes Sprout's robust security features and compliance certifications, which provide critical support to enterprise companies scaling their social operations.

"Our team works incredibly hard to deliver powerful products and results for our customers, and we are proud to be recognized by IDC as a leader in our industry," said Erika Trautman, Chief Product Officer at Sprout Social. "We strive to provide the world's largest and most innovative brands with an intuitive platform that solves their complex workflows and provides comprehensive functionality. We will continue to be a partner to our customers and deliver exceptional products with a pulse on what's next."

Sprout continues to add to its social suite with quarterly product events and industry-leading integrations. Most recently, the company announced a series of new AI-powered features and reporting capabilities. Sprout's 2025 roadmap is focused on helping enterprise organizations increase the return of investment (ROI) of social and meet the rising expectations of consumers, which require brands to operate from a social-first perspective to succeed.

To learn more about Sprout Social and its industry-leading social media management solution, please visit sproutsocial.com.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Sprout Social

Sprout Social is a global leader in social media management and analytics software. Sprout's intuitive platform puts powerful social data into the hands of approximately 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2's 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout's software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ:SPT), visit sproutsocial.com.

Social Media Profiles:

www.twitter.com/SproutSocial

www.twitter.com/SproutSocialIR

www.facebook.com/SproutSocialInc

www.linkedin.com/company/sprout-social-inc-/

www.instagram.com/sproutsocial

Contact

Media:

Kaitlyn Gronek

Email: pr@sproutsocial.com

Phone: (773) 904-9674

Investors:

Lexi Johnson

Twitter: @SproutSocialIR

Email: lexi.johnson@sproutsocial.com

Phone: (312) 528-9166



Primary Logo

Get the next $SPT alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$SPT

DatePrice TargetRatingAnalyst
11/19/2024$28.00Sector Perform
Scotiabank
8/22/2024$28.00Sector Weight → Underweight
KeyBanc Capital Markets
5/3/2024Outperform → Mkt Perform
William Blair
5/3/2024$80.00 → $44.00Buy → Neutral
Goldman
5/3/2024Overweight → Sector Weight
KeyBanc Capital Markets
5/3/2024$72.00 → $45.00Outperform → Neutral
Robert W. Baird
5/3/2024$66.00 → $40.00Overweight → Neutral
Piper Sandler
5/3/2024Buy → Neutral
BTIG Research
More analyst ratings

$SPT
Press Releases

Fastest customizable press release news feed in the world

See more
  • WENDY, CHICAGO-BASED STARTUP, LAUNCHES AI STORY-BUILDING TOOLBOX FOR KIDS

    The kidSAFE certified app will offer kids and parents an alternative to gaming, social media and passive video consumption, reclaiming time for reading and creative play CHICAGO, March 5, 2025 /PRNewswire/ -- Wendy, a new kind of story company, has launched a children's story-building toolbox app that provides a safe and engaging story-building experience, helping children unlock their creativity and immersing them in endless possibilities for imaginative reading adventures. With kids' digital activity time rapidly increasing while literacy rates decrease, the Wendy app offers an engaging story-telling experience for kids to rediscover their love of reading. With the Wendy app, children par

    $FVRR
    $GRPN
    $SPT
    $TEM
    Business Services
    Consumer Discretionary
    Advertising
    Computer Software: Prepackaged Software
  • Sprout Social Announces Fourth Quarter 2024 Financial Results

    CHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2024. "The Sprout team delivered a solid fourth quarter, driving 14% revenue growth and 26% growth in cRPO, laying the foundation for future growth in 2025 and beyond. As we work to define the future of social media management, we remain focused on execution—winning the enterprise, driving customer health, expanding our partnership ecosystem, and driving deeper engagement in our customer base," said Ryan Barretto, CEO.

    $SPT
    Computer Software: Prepackaged Software
    Technology
  • Sprout Social Customers Achieved 268% Return on Investment According to New Independent Study

    CHICAGO, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Sprout Social (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the release of a Total Economic Impact™ study conducted by Forrester Consulting. The 2025 study reveals that Sprout Social enabled customers to achieve a return on investment (ROI) of 268% and a net present value (NPV) of $1.3 million over three years with a payback period of less than six months. The commissioned study conducted by Forrester Consulting on behalf of Sprout Social found that prior to Sprout Social, interviewed customers' social teams spent 70% of their time scheduling and publishing posts, listening, replying

    $SPT
    Computer Software: Prepackaged Software
    Technology

$SPT
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$SPT
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$SPT
SEC Filings

See more

$SPT
Leadership Updates

Live Leadership Updates

See more
  • The Knot Worldwide Announces Leadership Transition: Raina Moskowitz to Join as CEO Following Founder and CEO Timothy Chi's Move to Vice Chair

    After leading the company for nearly two decades, Founder and CEO Timothy Chi will transition to a Board role. Raina Moskowitz, Chief Operating and Marketing Officer of Etsy, will join The Knot Worldwide as Chief Executive Officer and a member of the Board of Directors. The Knot Worldwide, a leading global marketplace and family of brands powering celebrations, today announced the appointment of Raina Moskowitz, current Chief Operating and Marketing Officer of Etsy, as President and Chief Executive Officer and member of the Board of Directors effective January 21, 2025. Moskowitz will succeed CEO and Founder Tim Chi, who has led the company for nearly two decades and will continue servi

    $SPT
    Computer Software: Prepackaged Software
    Technology
  • Sprout Social Names Mike Wolff as Chief Revenue Officer

    CHICAGO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Mike Wolff to Chief Revenue Officer, effective September 2, 2024. As Chief Revenue Officer, Wolff will oversee Sprout's global Sales, Success and Partnerships organization. He will focus on the continued global growth and expansion of Sprout's innovative offerings. Wolff brings more than 20 years of experience leading global sales and technology organizations. He recently served as Chief Revenue Officer of Salesforce.org, where he led the company's global sales and solu

    $SPT
    Computer Software: Prepackaged Software
    Technology
  • Sprout Social Names Erika Trautman as Chief Product Officer

    CHICAGO, June 11, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced the appointment of Erika Trautman to chief product officer, effective July 15, 2024. As chief product officer, Trautman will oversee Sprout's global product organization and focus on elevating and expanding Sprout's innovative product offering. Trautman brings more than 15 years of experience in technology to Sprout with a career that has spanned work as a start-up founder to the management of billion-user products. Prior to Sprout, Trautman was the senior vice president and general manag

    $SPT
    Computer Software: Prepackaged Software
    Technology

$SPT
Financials

Live finance-specific insights

See more
  • Sprout Social Announces Fourth Quarter 2024 Financial Results

    CHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its fourth quarter ended December 31, 2024. "The Sprout team delivered a solid fourth quarter, driving 14% revenue growth and 26% growth in cRPO, laying the foundation for future growth in 2025 and beyond. As we work to define the future of social media management, we remain focused on execution—winning the enterprise, driving customer health, expanding our partnership ecosystem, and driving deeper engagement in our customer base," said Ryan Barretto, CEO.

    $SPT
    Computer Software: Prepackaged Software
    Technology
  • Sprout Social to Announce Fourth Quarter 2024 Financial Results on February 25, 2025

    CHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the fourth quarter ending December 31, 2024 after market close on Tuesday, February 25, 2025. The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Tuesday, February 25, 2025. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I1913111787. The live webcast of the conference call can be

    $SPT
    Computer Software: Prepackaged Software
    Technology
  • Sprout Social Announces Third Quarter 2024 Financial Results

    CHICAGO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sprout Social, Inc. ("Sprout Social", the "Company") (NASDAQ:SPT), an industry-leading provider of cloud-based social media management software, today announced financial results for its third quarter ended September 30, 2024. "The Sprout team delivered a solid third quarter, driving 20% revenue growth and 31% growth in cRPO as we executed our strategy across key company metrics. Sprout continues to focus on product leadership and expanding our competitive position within the Enterprise segment as these customers leverage the power of Social to drive their digital strategies," said Ryan Barretto, CEO. Third Quarter 2024 Financial Highlights Re

    $SPT
    Computer Software: Prepackaged Software
    Technology

$SPT
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more