What is DA Davidson’s Forecast for SPS Commerce Q2 Earnings?

SPS Commerce, Inc. (NASDAQ:SPSC) – Analysts at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for shares of SPS Commerce in a research note issued to investors on Friday, April 25th. DA Davidson analyst G. Luria anticipates that the software maker will post earnings of $0.66 per share for the quarter. DA Davidson has a “Buy” rating and a $175.00 price target on the stock. The consensus estimate for SPS Commerce’s current full-year earnings is $2.73 per share.

A number of other equities analysts have also issued reports on the company. Piper Sandler decreased their price objective on SPS Commerce from $198.00 to $175.00 and set a “neutral” rating for the company in a report on Tuesday, February 11th. Needham & Company LLC reissued a “buy” rating and issued a $210.00 price target on shares of SPS Commerce in a research note on Friday, April 25th. Citigroup reduced their price objective on shares of SPS Commerce from $237.00 to $233.00 and set a “buy” rating for the company in a report on Monday, January 27th. Northland Securities reiterated a “market perform” rating and set a $181.00 price objective (down previously from $209.00) on shares of SPS Commerce in a research note on Tuesday, February 11th. Finally, Robert W. Baird upped their target price on SPS Commerce from $154.00 to $159.00 and gave the stock a “neutral” rating in a research report on Friday, April 25th. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, SPS Commerce currently has a consensus rating of “Moderate Buy” and a consensus price target of $198.11.

SPS Commerce Stock Up 1.8 %

SPS Commerce stock opened at $142.00 on Monday. The firm has a 50-day moving average price of $131.74 and a two-hundred day moving average price of $165.41. SPS Commerce has a 52-week low of $120.09 and a 52-week high of $218.61. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 69.61 and a beta of 0.89.

SPS Commerce (NASDAQ:SPSC) last announced its quarterly earnings results on Thursday, April 24th. The software maker reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.15. SPS Commerce had a net margin of 12.08% and a return on equity of 12.27%. The company had revenue of $181.55 million during the quarter, compared to the consensus estimate of $179.57 million. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year.

Insider Buying and Selling

In other news, EVP Dan Juckniess sold 9,819 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $184.66, for a total transaction of $1,813,176.54. Following the completion of the sale, the executive vice president now directly owns 22,570 shares of the company’s stock, valued at $4,167,776.20. This trade represents a 30.32 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Kimberly K. Nelson sold 9,290 shares of SPS Commerce stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $181.09, for a total value of $1,682,326.10. Following the completion of the transaction, the chief financial officer now owns 147,002 shares in the company, valued at $26,620,592.18. The trade was a 5.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 37,864 shares of company stock worth $6,613,078. Corporate insiders own 0.98% of the company’s stock.

Institutional Trading of SPS Commerce

A number of hedge funds have recently bought and sold shares of SPSC. MassMutual Private Wealth & Trust FSB increased its position in shares of SPS Commerce by 126.3% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 224 shares of the software maker’s stock worth $30,000 after acquiring an additional 125 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in SPS Commerce during the 4th quarter worth approximately $40,000. Hurley Capital LLC purchased a new position in SPS Commerce during the 4th quarter worth approximately $41,000. Blue Trust Inc. raised its stake in SPS Commerce by 49.1% during the 4th quarter. Blue Trust Inc. now owns 255 shares of the software maker’s stock valued at $47,000 after purchasing an additional 84 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in shares of SPS Commerce by 4,155.6% in the first quarter. Versant Capital Management Inc now owns 383 shares of the software maker’s stock valued at $51,000 after purchasing an additional 374 shares in the last quarter. 98.96% of the stock is owned by hedge funds and other institutional investors.

SPS Commerce Company Profile

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.