SPS Commerce, Inc. (NASDAQ:SPSC) Stock Has Consensus Target Price of $77.10 According to Brokerages

Shares of SPS Commerce, Inc. (NASDAQ:SPSC – Get Free Report) have been assigned a consensus rating of “Hold” from the eleven ratings firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $77.10.

Several analysts recently issued reports on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $70.00 price target (up from $60.00) on shares of SPS Commerce in a report on Friday, July 31st. Wall Street Zen lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. 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 research note on Friday, July 31st. Finally, Weiss Ratings raised shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, August 6th.

Check Out Our Latest Stock Analysis on SPS Commerce

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of SPS Commerce during the 2nd quarter valued at approximately $339,259,000. State Street Corp raised its holdings in shares of SPS Commerce by 3.1% during the second quarter. State Street Corp now owns 1,545,696 shares of the software maker’s stock worth $88,367,000 after purchasing an additional 45,886 shares during the period. Jupiter Topco LLC bought a new position in shares of SPS Commerce in the 2nd quarter worth about $56,260,000. Bank of America Corp DE boosted its holdings in shares of SPS Commerce by 3.3% in the 1st quarter. Bank of America Corp DE now owns 998,622 shares of the software maker’s stock valued at $55,593,000 after buying an additional 31,434 shares during the period. Finally, Norges Bank bought a new stake in shares of SPS Commerce during the 4th quarter valued at about $49,883,000. Institutional investors own 98.96% of the company’s stock.

SPS Commerce Stock Performance

Shares of SPSC opened at $81.30 on Friday. SPS Commerce has a one year low of $49.04 and a one year high of $114.87. The stock has a 50-day moving average price of $76.85 and a 200 day moving average price of $63.67. The company has a market capitalization of $2.93 billion, a P/E ratio of 39.28 and a beta of 0.51.

SPS Commerce (NASDAQ:SPSC – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.18. The company 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%.SPS Commerce’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $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. As a group, equities research analysts forecast that SPS Commerce will post 3.56 earnings per share for the current fiscal year.

About SPS Commerce

(Get Free Report)

SPS Commerce, Inc provides cloud-based supply chain management solutions that help retailers, suppliers, distributors and other trading partners manage commerce operations. Its platform is designed to connect businesses and automate the exchange of critical information across supply chain and retail processes.

The company’s products and services support functions including electronic data interchange, order management, inventory and product information management, fulfillment, invoicing, analytics and supplier onboarding.

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Analyst Recommendations for SPS Commerce (NASDAQ:SPSC)

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