SPS Commerce, Inc. (SPSC) – What Are Brokerages Saying About This Stock?

SPS Commerce, Inc. (NASDAQ:SPSC) has been assigned an average rating of “Hold” from the eleven research firms that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $80.30.

Several research analysts recently issued reports on the stock. DA Davidson set a $65.00 price target on shares of SPS Commerce in a research report on Friday, July 31st. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $70.00 target price (up from $60.00) on shares of SPS Commerce in a research note on Friday, July 31st. Needham & Company LLC reiterated a “buy” rating and set a $100.00 target price (up from $75.00) on shares of SPS Commerce in a research report on Wednesday, August 19th. Wall Street Zen upgraded shares of SPS Commerce from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Zacks Research raised shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th.

SPS Commerce Price Performance

Shares of SPSC opened at $92.63 on Tuesday. The company has a market capitalization of $3.33 billion, a P/E ratio of 44.75 and a beta of 0.62. SPS Commerce has a one year low of $49.04 and a one year high of $114.87. The business’s 50 day simple moving average is $82.69 and its 200-day simple moving average is $67.39.

SPS Commerce (NASDAQ:SPSC) last released its quarterly earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.18. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%. The firm had revenue of $197.81 million during the quarter, compared to analysts’ expectations of $195.46 million. During the same period last year, the firm posted $1.00 EPS. The business’s revenue 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. On average, sell-side analysts anticipate that SPS Commerce will post 3.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. BlackRock Inc. bought a new position in SPS Commerce in the 2nd quarter valued at $339,259,000. State Street Corp raised its position 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 acquiring an additional 45,886 shares during the last quarter. Jupiter Topco LLC acquired a new position in shares of SPS Commerce during the second quarter valued at $56,260,000. Bank of America Corp DE lifted its stake in shares of SPS Commerce by 3.3% during the first quarter. Bank of America Corp DE now owns 998,622 shares of the software maker’s stock valued at $55,593,000 after acquiring an additional 31,434 shares during the period. Finally, Van Berkom & Associates Inc. lifted its stake in shares of SPS Commerce by 9.9% during the first quarter. Van Berkom & Associates Inc. now owns 678,236 shares of the software maker’s stock valued at $37,757,000 after acquiring an additional 61,350 shares during the period. Institutional investors and hedge funds own 98.96% of the company’s stock.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps businesses manage and automate transactions and workflows across complex retail and e-commerce networks.

The company’s solutions include electronic data interchange (EDI), order management, inventory visibility, fulfillment, invoice and payment processing, product information management, and supply chain analytics. These tools are designed to connect trading partners, reduce manual data entry, improve order accuracy and support more efficient movement of products from suppliers to consumers.

Founded in 2001 and headquartered in Minneapolis, Minnesota, SPS Commerce serves businesses across retail and wholesale ecosystems in North America and other international markets.