SPS Commerce (SPSC) – Investment Analysts’ Recent Ratings Updates

SPS Commerce (NASDAQ: SPSC) has recently received a number of price target changes and ratings updates:

• 7/31/2026 – SPS Commerce had its “underweight” rating reaffirmed by Morgan Stanley. They now have a $59.00 price target on the stock, up from $57.00.
• 7/31/2026 – SPS Commerce was given a new $65.00 price target by DA Davidson.
• 7/31/2026 – SPS Commerce had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $70.00 price target on the stock, up from $60.00.
• 7/31/2026 – SPS Commerce was given a new $70.00 price target by Stifel Nicolaus. They now have a “hold” rating on the stock.
• 7/28/2026 – SPS Commerce had its “buy” rating reaffirmed by Needham & Company LLC.
• 7/23/2026 – SPS Commerce was downgraded by Weiss Ratings from “sell (d+)” to “sell (d)”.
• 7/21/2026 – SPS Commerce had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $82.00 price target on the stock, up from $76.00.
• 7/21/2026 – SPS Commerce was downgraded by Morgan Stanley from “overweight” to “underweight”. They now have a $57.00 price target on the stock, down from $70.00.
• 7/20/2026 – SPS Commerce was upgraded by Zacks Research from “strong sell” to “hold”.
• 7/18/2026 – SPS Commerce was downgraded by Wall Street Zen from “buy” to “hold”.
• 7/14/2026 – SPS Commerce was downgraded by Zacks Research from “hold” to “strong sell”.
• 7/8/2026 – SPS Commerce was upgraded by Weiss Ratings from “sell (d)” to “sell (d+)”.
• 7/1/2026 – SPS Commerce was given a new $55.00 price target by DA Davidson. They now have a “neutral” rating on the stock.

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.