SPS Commerce, Inc. (NASDAQ:SPSC) Stock Has Consensus Price Target of $77.10 According to Analysts

SPS Commerce, Inc. (NASDAQ:SPSC) has received a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two investment 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 twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $77.10.

A number of research firms have recently issued reports on SPSC. Morgan Stanley reissued an “underweight” rating and issued a $59.00 price target (up from $57.00) on shares of SPS Commerce in a research report on Friday, July 31st. Zacks Research upgraded shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Needham & Company LLC reiterated a “buy” rating and issued 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 lowered shares of SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Cantor Fitzgerald restated a “neutral” rating and set a $70.00 price target (up from $60.00) on shares of SPS Commerce in a report on Friday, July 31st.

SPS Commerce Stock Up 1.4%

Shares of SPS Commerce stock opened at $82.15 on Friday. SPS Commerce has a 12 month low of $49.04 and a 12 month high of $114.87. The stock has a market cap of $2.96 billion, a PE ratio of 39.69 and a beta of 0.51. The business has a fifty day simple moving average of $77.56 and a 200-day simple moving average of $63.95.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $195.46 million. During the same period in the previous year, the firm earned $1.00 earnings per share. SPS Commerce’s quarterly 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. Analysts expect that SPS Commerce will post 3.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of SPS Commerce during the 2nd quarter worth about $339,259,000. State Street Corp lifted its holdings in shares of SPS Commerce by 3.1% during the 2nd quarter. State Street Corp now owns 1,545,696 shares of the software maker’s stock valued at $88,367,000 after buying an additional 45,886 shares during the last quarter. Bank of America Corp DE grew its stake in shares of SPS Commerce by 3.3% in the 1st quarter. Bank of America Corp DE now owns 998,622 shares of the software maker’s stock valued at $55,593,000 after buying an additional 31,434 shares in the last quarter. Jupiter Topco LLC acquired a new position in SPS Commerce in the second quarter worth approximately $56,260,000. Finally, Van Berkom & Associates Inc. increased its holdings in SPS Commerce by 9.9% in the first quarter. Van Berkom & Associates Inc. now owns 678,236 shares of the software maker’s stock worth $37,757,000 after buying an additional 61,350 shares during the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management solutions that help retailers, suppliers, distributors and other trading partners manage commerce operations. Its platform is designed to connect businesses and automate the exchange of critical information across supply chain and retail processes.

The company’s products and services support functions including electronic data interchange, order management, inventory and product information management, fulfillment, invoicing, analytics and supplier onboarding.