SPS Commerce, Inc. (NASDAQ:SPSC) Receives $74.60 Average PT from Brokerages

SPS Commerce, Inc. (NASDAQ:SPSC) has been given a consensus recommendation of “Hold” by the eleven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $74.60.

Several equities research analysts recently weighed in on SPSC shares. Cantor Fitzgerald restated a “neutral” rating and set a $70.00 price target (up from $60.00) on shares of SPS Commerce in a research report on Friday, July 31st. Wall Street Zen downgraded SPS Commerce from a “buy” rating to a “hold” rating in a research report on Saturday, July 18th. Morgan Stanley reissued an “underweight” rating and set a $59.00 price objective (up from $57.00) on shares of SPS Commerce in a research note on Friday, July 31st. Zacks Research upgraded shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Weiss Ratings upgraded shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday.

Institutional Investors Weigh In On SPS Commerce

Institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in shares of SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares during the period. Advisory Services Network LLC bought a new position in shares of SPS Commerce during the third quarter valued at about $32,000. Global Retirement Partners LLC boosted its holdings in shares of SPS Commerce by 2,130.0% during the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after purchasing an additional 426 shares during the period. Summit Securities Group LLC purchased a new stake in shares of SPS Commerce during the fourth quarter worth about $45,000. Finally, Leonteq Securities AG bought a new stake in shares of SPS Commerce in the fourth quarter worth about $52,000. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Trading Up 2.0%

Shares of SPS Commerce stock opened at $73.38 on Thursday. The firm has a market capitalization of $2.64 billion, a PE ratio of 35.45 and a beta of 0.53. SPS Commerce has a 12 month low of $49.04 and a 12 month high of $117.37. The business’s 50-day moving average price is $60.86 and its 200-day moving average price is $61.70.

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