SPS Commerce (NASDAQ:SPSC) Sets New 1-Year Low Following Analyst Downgrade

SPS Commerce, Inc. (NASDAQ:SPSC) shares hit a new 52-week low on Tuesday after DA Davidson lowered their price target on the stock from $80.00 to $65.00. DA Davidson currently has a neutral rating on the stock. SPS Commerce traded as low as $60.76 and last traded at $61.0940, with a volume of 19545 shares trading hands. The stock had previously closed at $61.92.

A number of other analysts also recently issued reports on the stock. Needham & Company LLC reissued a “buy” rating and issued a $110.00 price objective (down previously from $160.00) on shares of SPS Commerce in a report on Friday, October 31st. Citigroup reiterated a “buy” rating and issued a $84.00 price target (down from $110.00) on shares of SPS Commerce in a research note on Friday, February 13th. Robert W. Baird set a $86.00 price target on SPS Commerce in a research report on Friday, February 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of SPS Commerce in a report on Thursday, January 22nd. Finally, Northland Securities set a $109.00 target price on SPS Commerce in a research report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, SPS Commerce currently has a consensus rating of “Hold” and a consensus target price of $87.40.

Insiders Place Their Bets

In other SPS Commerce news, Director Marty M. Reaume sold 1,000 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $79.92, for a total value of $79,920.00. Following the completion of the sale, the director owned 9,158 shares in the company, valued at approximately $731,907.36. This trade represents a 9.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. lifted its stake in SPS Commerce by 39.9% during the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after acquiring an additional 112 shares during the period. AQR Capital Management LLC raised its holdings in shares of SPS Commerce by 2.0% during the first quarter. AQR Capital Management LLC now owns 14,134 shares of the software maker’s stock valued at $1,876,000 after purchasing an additional 275 shares during the last quarter. NewEdge Advisors LLC lifted its position in SPS Commerce by 545.7% during the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after purchasing an additional 191 shares during the period. CWM LLC boosted its holdings in SPS Commerce by 120.4% in the second quarter. CWM LLC now owns 1,589 shares of the software maker’s stock worth $216,000 after purchasing an additional 868 shares during the last quarter. Finally, New York State Teachers Retirement System boosted its holdings in SPS Commerce by 0.8% in the second quarter. New York State Teachers Retirement System now owns 12,828 shares of the software maker’s stock worth $1,746,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

SPS Commerce Trading Down 0.6%

The firm has a market capitalization of $2.19 billion, a PE ratio of 23.67 and a beta of 0.56. The business’s 50 day simple moving average is $85.84 and its two-hundred day simple moving average is $95.46.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings data on Thursday, February 12th. The software maker reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.14. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. The firm had revenue of $192.65 million for the quarter, compared to analysts’ expectations of $193.60 million. During the same quarter in the prior year, the business earned $0.89 EPS. The business’s quarterly revenue was up 12.7% on a year-over-year basis. SPS Commerce has set its FY 2026 guidance at 4.420-4.500 EPS and its Q1 2026 guidance at 0.950-0.990 EPS. As a group, equities research analysts anticipate that SPS Commerce, Inc. will post 2.73 earnings per share for the current 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.