SPS Commerce, Inc. (NASDAQ:SPSC) Given Consensus Rating of “Hold” by Brokerages

SPS Commerce, Inc. (NASDAQ:SPSC) has been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $76.4545.

A number of research analysts have issued reports on SPSC shares. Morgan Stanley set a $70.00 price target on shares of SPS Commerce in a research note on Friday, May 1st. Needham & Company LLC cut their price target on shares of SPS Commerce from $110.00 to $75.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Weiss Ratings lowered shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, May 13th. Citigroup cut their price objective on shares of SPS Commerce from $84.00 to $76.00 and set a “buy” rating on the stock in a research note on Monday, May 4th. Finally, Rothschild & Co Redburn set a $60.00 price objective on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Thursday, April 16th.

SPS Commerce Stock Performance

Shares of SPS Commerce stock opened at $53.13 on Tuesday. SPS Commerce has a 12-month low of $49.04 and a 12-month high of $143.55. The firm has a market capitalization of $1.95 billion, a price-to-earnings ratio of 22.14 and a beta of 0.57. The firm’s 50 day simple moving average is $54.65 and its two-hundred day simple moving average is $68.03.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The business had revenue of $192.12 million for the quarter, compared to analyst estimates of $192.51 million. During the same quarter in the prior year, the business posted $1.00 EPS. SPS Commerce’s revenue for the quarter was up 5.8% compared to the same quarter last year. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. On average, sell-side analysts predict that SPS Commerce will post 3.41 EPS for the current fiscal year.

Insider Buying and Selling at SPS Commerce

In other news, Director Marty M. Reaume sold 1,000 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the sale, the director owned 9,158 shares in the company, valued at $530,248.20. This represents a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.58% of the stock is owned by insiders.

Institutional Trading of SPS Commerce

Hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC increased its stake in shares of SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after acquiring an additional 191 shares during the period. Advisory Services Network LLC acquired a new stake in shares of SPS Commerce in the third quarter worth $32,000. Advisors Asset Management Inc. increased its stake in shares of SPS Commerce by 39.9% in the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock worth $52,000 after acquiring an additional 112 shares during the period. Global Retirement Partners LLC increased its stake in shares of SPS Commerce by 2,130.0% in the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after acquiring an additional 426 shares during the period. Finally, Summit Securities Group LLC acquired a new stake in shares of SPS Commerce in the fourth quarter worth $45,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Company Profile

SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.

The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.