Analysts Set SPS Commerce, Inc. (NASDAQ:SPSC) Price Target at $76.45

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have received a consensus recommendation of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $76.4545.

Several research firms have recently weighed in on SPSC. Rothschild & Co Redburn set a $60.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Thursday, April 16th. Stifel Nicolaus set a $60.00 target price on shares of SPS Commerce in a research note on Friday, May 1st. Morgan Stanley set a $70.00 target price on shares of SPS Commerce in a research note on Friday, May 1st. Needham & Company LLC reduced their target price on shares of SPS Commerce from $110.00 to $75.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Finally, Citigroup cut their price objective on shares of SPS Commerce from $84.00 to $76.00 and set a “buy” rating for the company in a research report on Monday, May 4th.

Insider Activity at SPS Commerce

In other news, Director Marty M. Reaume sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the completion of the transaction, the director directly owned 9,158 shares in the company, valued at approximately $530,248.20. This trade represents a 9.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.58% of the company’s stock.

Hedge Funds Weigh In On SPS Commerce

Large investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted 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 in the third quarter valued at approximately $32,000. Advisors Asset Management Inc. lifted its position in SPS Commerce by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after purchasing an additional 112 shares during the last quarter. Global Retirement Partners LLC lifted its position in SPS Commerce by 2,130.0% during the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after purchasing an additional 426 shares during the last quarter. Finally, Summit Securities Group LLC bought a new stake in SPS Commerce during the fourth quarter valued at approximately $45,000. 98.96% of the stock is currently owned by institutional investors.

SPS Commerce Stock Up 3.3%

SPSC opened at $54.86 on Tuesday. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 22.86 and a beta of 0.57. The firm has a 50-day moving average price of $54.70 and a 200-day moving average price of $67.75. SPS Commerce has a twelve month low of $49.04 and a twelve month high of $143.55.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.13. The firm had revenue of $192.12 million during the quarter, compared to the consensus estimate of $192.51 million. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The company’s revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the company earned $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. On average, sell-side analysts expect that SPS Commerce will post 3.41 earnings per share for the current fiscal year.

SPS Commerce Company Profile

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.