SPS Commerce, Inc. (NASDAQ:SPSC) Receives Average Recommendation of “Hold” from Analysts

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have been given a consensus rating of “Hold” by the eleven analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $74.60.

SPSC has been the subject of a number of recent research reports. Needham & Company LLC reaffirmed a “buy” rating on shares of SPS Commerce in a research report on Tuesday, July 28th. Rothschild & Co Redburn set a $60.00 price objective on shares of SPS Commerce and gave the company a “neutral” rating in a report on Thursday, April 16th. Zacks Research raised shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. DA Davidson set a $65.00 target price on shares of SPS Commerce in a report on Friday, July 31st. Finally, Wall Street Zen downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th.

SPS Commerce Trading Up 2.0%

SPSC stock opened at $76.41 on Thursday. The stock has a 50-day moving average price of $61.93 and a two-hundred day moving average price of $61.17. The stock has a market cap of $2.75 billion, a PE ratio of 36.91 and a beta of 0.53. SPS Commerce has a 1 year low of $49.04 and a 1 year high of $117.37.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, July 30th. The software maker reported $1.27 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. The company had revenue of $197.81 million for the quarter, compared to analyst estimates of $195.46 million. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.00 earnings per share. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. On average, analysts forecast that SPS Commerce will post 3.56 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SPS Commerce

A number of large investors have recently modified their holdings of SPSC. BlackRock Inc. acquired a new stake in shares of SPS Commerce in the second quarter valued at about $339,259,000. UBS Group AG boosted its position in SPS Commerce by 182.3% during the fourth quarter. UBS Group AG now owns 1,295,267 shares of the software maker’s stock valued at $115,447,000 after purchasing an additional 836,407 shares during the last quarter. Norges Bank acquired a new position in SPS Commerce during the fourth quarter valued at approximately $49,883,000. Irenic Capital Management LP bought a new position in SPS Commerce in the fourth quarter valued at approximately $40,293,000. Finally, Walleye Capital LLC grew its stake in SPS Commerce by 1,749.1% in the first quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock valued at $25,477,000 after purchasing an additional 432,886 shares in the last quarter. 98.96% of the stock is currently owned by institutional investors and hedge funds.

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.