SPS Commerce, Inc. (NASDAQ:SPSC) Given Average Recommendation of “Hold” by Brokerages

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have earned a consensus recommendation of “Hold” from the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $76.4545.

SPSC has been the subject of several research reports. Wall Street Zen downgraded shares of SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday. Stifel Nicolaus set a $60.00 price target on SPS Commerce in a research note on Friday, May 1st. Rothschild & Co Redburn set a $60.00 price objective on SPS Commerce and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Morgan Stanley set a $70.00 target price on shares of SPS Commerce in a research report on Friday, May 1st. Finally, Citigroup decreased their price target on shares of SPS Commerce from $84.00 to $76.00 and set a “buy” rating on the stock in a research note on Monday, May 4th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC grew its position in SPS Commerce by 545.7% during the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after buying an additional 191 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of SPS Commerce during the 3rd quarter valued at $32,000. Global Retirement Partners LLC grew its holdings in shares of SPS Commerce by 2,130.0% during the 4th quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after purchasing an additional 426 shares in the last quarter. Summit Securities Group LLC bought a new position in shares of SPS Commerce in the fourth quarter worth $45,000. Finally, Park Place Capital Corp raised its stake in SPS Commerce by 29.7% in the fourth quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock valued at $50,000 after purchasing an additional 129 shares in the last quarter. 98.96% of the stock is owned by institutional investors.

SPS Commerce Trading Down 0.2%

SPSC opened at $65.59 on Friday. The stock’s fifty day simple moving average is $56.35 and its 200 day simple moving average is $64.17. SPS Commerce has a 1-year low of $49.04 and a 1-year high of $143.55. The stock has a market cap of $2.41 billion, a PE ratio of 27.33 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.13. The firm had revenue of $192.12 million during the quarter, compared to analysts’ expectations of $192.50 million. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same period in the previous year, the business posted $1.00 earnings per share. SPS Commerce has set its FY 2026 guidance at 4.730-4.760 EPS and its Q2 2026 guidance at 1.060-1.090 EPS. Equities analysts forecast that SPS Commerce will post 3.35 earnings per share for the current year.

About SPS Commerce

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.