SPS Commerce, Inc. (NASDAQ:SPSC) Stock Has Consensus Target Price of $78.60

SPS Commerce, Inc. (NASDAQ:SPSC) has earned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $80.30.

SPSC has been the topic of several recent analyst reports. Cantor Fitzgerald restated a “neutral” rating and issued a $70.00 target price (up from $60.00) on shares of SPS Commerce in a report on Friday, July 31st. Weiss Ratings raised shares of SPS Commerce from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Morgan Stanley reiterated an “underweight” rating and set a $59.00 price target (up from $57.00) on shares of SPS Commerce in a report on Friday, July 31st. Zacks Research raised SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Finally, DA Davidson set a $65.00 price objective on SPS Commerce in a research report on Friday, July 31st.

SPS Commerce Price Performance

SPS Commerce stock opened at $91.94 on Tuesday. The stock’s fifty day moving average price is $82.43 and its two-hundred day moving average price is $67.22. SPS Commerce has a one year low of $49.04 and a one year high of $114.87. The firm has a market cap of $3.31 billion, a PE ratio of 26.76 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC) last issued its earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. The firm had revenue of $197.81 million for the quarter, compared to the consensus estimate of $195.46 million. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.00 EPS. 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. Sell-side analysts expect that SPS Commerce will post 3.56 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of SPSC. SBI Securities Co. Ltd. raised its stake in SPS Commerce by 72.5% in the 3rd quarter. SBI Securities Co. Ltd. now owns 333 shares of the software maker’s stock valued at $27,000 after acquiring an additional 140 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in SPS Commerce during the second quarter valued at about $38,000. Allworth Financial LP bought a new position in SPS Commerce during the second quarter worth about $45,000. Pacer Advisors Inc. boosted its position in SPS Commerce by 55.3% during the first quarter. Pacer Advisors Inc. now owns 1,412 shares of the software maker’s stock worth $79,000 after purchasing an additional 503 shares during the period. Finally, Leonteq Securities AG boosted its position in SPS Commerce by 143.0% during the first quarter. Leonteq Securities AG now owns 1,431 shares of the software maker’s stock worth $80,000 after purchasing an additional 842 shares during the period. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Company Profile

SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps businesses manage and automate transactions and workflows across complex retail and e-commerce networks.

The company’s solutions include electronic data interchange (EDI), order management, inventory visibility, fulfillment, invoice and payment processing, product information management, and supply chain analytics. These tools are designed to connect trading partners, reduce manual data entry, improve order accuracy and support more efficient movement of products from suppliers to consumers.

Founded in 2001 and headquartered in Minneapolis, Minnesota, SPS Commerce serves businesses across retail and wholesale ecosystems in North America and other international markets.