FY2026 EPS Forecast for SPS Commerce Increased by Analyst

SPS Commerce, Inc. (NASDAQ:SPSC) – Equities research analysts at Northland Securities lifted their FY2026 EPS estimates for SPS Commerce in a report released on Friday, October 30th. Northland Securities analyst N. Chokshi now anticipates that the software maker will earn $3.67 per share for the year, up from their prior estimate of $3.57. The consensus estimate for SPS Commerce’s current full-year earnings is $3.67 per share. Northland Securities also issued estimates for SPS Commerce’s Q4 2026 earnings at $1.01 EPS and FY2027 earnings at $3.84 EPS.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, October 29th. The software maker reported $1.39 earnings per share for the quarter, topping analysts’ consensus estimates of $1.23 by $0.16. SPS Commerce had a return on equity of 13.72% and a net margin of 10.65%. The firm had revenue of $197.65 million during the quarter, compared to the consensus estimate of $197.51 million. During the same period last year, the business posted $1.13 EPS. The business’s revenue was up 4.1% compared to the same quarter last year.

Several other analysts also recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price objective (up from $75.00) on shares of SPS Commerce in a research report on Wednesday, August 19th. DA Davidson boosted their target price on shares of SPS Commerce from $65.00 to $70.00 and gave the company a “neutral” rating in a research report on Friday, October 30th. Morgan Stanley reissued an “underweight” rating and set a $74.00 target price on shares of SPS Commerce in a research note on Monday, October 26th. Zacks Research upgraded shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Finally, Cantor Fitzgerald restated 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. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $79.33.

SPS Commerce Price Performance

NASDAQ SPSC opened at $85.25 on Wednesday. The business has a 50 day simple moving average of $83.54 and a 200 day simple moving average of $68.34. SPS Commerce has a one year low of $49.04 and a one year high of $96.54. The stock has a market capitalization of $3.02 billion, a P/E ratio of 24.03 and a beta of 0.66.

Hedge Funds Weigh In On SPS Commerce

A number of institutional investors have recently modified their holdings of the company. Parallel Advisors LLC grew its position in SPS Commerce by 100.0% in the 3rd quarter. Parallel Advisors LLC now owns 566 shares of the software maker’s stock valued at $47,000 after purchasing an additional 283 shares during the period. Inscription Capital LLC acquired a new position in shares of SPS Commerce during the third quarter valued at about $276,000. Greenleaf Trust acquired a new position in shares of SPS Commerce during the third quarter valued at about $237,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of SPS Commerce during the third quarter worth about $185,000. Finally, Vise Technologies Inc. increased its position in shares of SPS Commerce by 16.3% during the third quarter. Vise Technologies Inc. now owns 4,276 shares of the software maker’s stock worth $353,000 after acquiring an additional 600 shares in the last quarter. 98.96% of the stock is owned by institutional investors and hedge funds.

SPS Commerce Company Profile

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.