SPS Commerce, Inc. (NASDAQ:SPSC) Receives $156.70 Consensus Target Price from Analysts

SPS Commerce, Inc. (NASDAQ:SPSC) has received an average rating of “Hold” from the eleven ratings firms that are presently covering the firm, Marketbeat.com reports. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $156.70.

SPSC has been the topic of several recent analyst reports. Northland Securities set a $125.00 price target on shares of SPS Commerce in a research note on Tuesday, September 30th. Stifel Nicolaus dropped their target price on shares of SPS Commerce from $175.00 to $165.00 and set a “buy” rating on the stock in a report on Thursday, July 31st. Cantor Fitzgerald dropped their target price on shares of SPS Commerce from $170.00 to $135.00 and set an “overweight” rating on the stock in a report on Wednesday, September 24th. Loop Capital cut shares of SPS Commerce from a “buy” rating to a “hold” rating and dropped their target price for the stock from $175.00 to $120.00 in a report on Thursday, July 31st. Finally, Wall Street Zen cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Tuesday.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UMB Bank n.a. boosted its holdings in shares of SPS Commerce by 60.6% in the 2nd quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock valued at $29,000 after buying an additional 80 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after buying an additional 191 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of SPS Commerce by 296.6% in the 1st quarter. Allworth Financial LP now owns 234 shares of the software maker’s stock valued at $33,000 after buying an additional 175 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of SPS Commerce by 105.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 302 shares of the software maker’s stock valued at $40,000 after buying an additional 155 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in shares of SPS Commerce by 41.1% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker’s stock valued at $43,000 after buying an additional 92 shares in the last quarter. 98.96% of the stock is currently owned by institutional investors.

SPS Commerce Price Performance

SPSC stock opened at $108.09 on Thursday. The company has a market capitalization of $4.10 billion, a PE ratio of 49.58 and a beta of 0.69. SPS Commerce has a 12 month low of $102.05 and a 12 month high of $201.06. The firm’s 50-day moving average is $109.00 and its 200 day moving average is $127.38.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Wednesday, July 30th. The software maker reported $1.00 EPS for the quarter, topping the consensus estimate of $0.90 by $0.10. The company had revenue of $187.40 million for the quarter, compared to the consensus estimate of $185.88 million. SPS Commerce had a net margin of 11.79% and a return on equity of 12.10%. The firm’s revenue was up 22.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 EPS. SPS Commerce has set its FY 2025 guidance at 3.990-4.040 EPS. Q3 2025 guidance at 0.960-1.000 EPS. Sell-side analysts forecast that SPS Commerce will post 2.73 EPS for the current fiscal year.

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.