Brokerages Set SPS Commerce, Inc. (NASDAQ:SPSC) Price Target at $77.10

SPS Commerce, Inc. (NASDAQ:SPSC) has been assigned an average rating of “Hold” from the eleven research firms that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $77.10.

Several equities research analysts have commented on SPSC shares. DA Davidson set a $65.00 price objective on SPS Commerce in a research report on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 target price (up from $75.00) on shares of SPS Commerce in a report on Wednesday, August 19th. Stifel Nicolaus set a $70.00 target price on shares of SPS Commerce and gave the company a “hold” rating 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 research report on Monday, July 20th. Finally, Morgan Stanley reaffirmed an “underweight” rating and issued a $59.00 price objective (up from $57.00) on shares of SPS Commerce in a report on Friday, July 31st.

SPS Commerce Stock Performance

Shares of SPSC opened at $83.00 on Monday. The business’s 50-day moving average is $70.86 and its two-hundred day moving average is $61.33. The company has a market capitalization of $2.99 billion, a P/E ratio of 40.10 and a beta of 0.51. SPS Commerce has a fifty-two week low of $49.04 and a fifty-two week high of $114.87.

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

Hedge Funds Weigh In On SPS Commerce

A number of large investors have recently bought and sold shares of the business. Advisors Asset Management Inc. grew its holdings in SPS Commerce by 39.9% in 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 period. State of Wyoming lifted its position in shares of SPS Commerce by 10.8% during the 4th quarter. State of Wyoming now owns 1,792 shares of the software maker’s stock valued at $160,000 after buying an additional 174 shares in the last quarter. State of Tennessee Department of Treasury grew its stake in SPS Commerce by 1.0% in the 4th quarter. State of Tennessee Department of Treasury now owns 17,442 shares of the software maker’s stock valued at $1,557,000 after acquiring an additional 175 shares during the period. NewEdge Advisors LLC increased its holdings in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after acquiring an additional 191 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in SPS Commerce by 23.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,134 shares of the software maker’s stock worth $101,000 after acquiring an additional 218 shares during the period. Institutional investors and hedge funds own 98.96% of the company’s stock.

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.