SPS Commerce, Inc. (NASDAQ:SPSC) Stock Rated “Hold” by Wall Street Brokerages

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have been given an average rating of “Hold” by the eleven research firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $81.80.

SPSC has been the topic of several recent analyst reports. Morgan Stanley restated an “underweight” rating and issued a $74.00 target price on shares of SPS Commerce in a report on Monday. Needham & Company LLC reissued a “buy” rating and set a $100.00 price target (up from $75.00) on shares of SPS Commerce in a research report on Wednesday, August 19th. DA Davidson set a $65.00 price target on shares of SPS Commerce in a report on Friday, July 31st. Stifel Nicolaus raised their price target on shares of SPS Commerce from $70.00 to $85.00 and gave the stock a “hold” rating in a report on Wednesday, October 14th. Finally, Weiss Ratings upgraded shares of SPS Commerce from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd.

Institutional Trading of SPS Commerce

Several large investors have recently modified their holdings of the business. BlackRock Inc. purchased a new position in SPS Commerce during the 2nd quarter valued at about $339,259,000. Jupiter Topco LLC purchased a new stake in SPS Commerce in the 2nd quarter worth approximately $56,260,000. Walleye Capital LLC lifted its holdings in SPS Commerce by 1,749.1% in the 1st quarter. Walleye Capital LLC now owns 457,635 shares of the software maker’s stock worth $25,477,000 after buying an additional 432,886 shares during the period. Lightrock Netherlands B.V. lifted its holdings in SPS Commerce by 432.8% in the 1st quarter. Lightrock Netherlands B.V. now owns 441,669 shares of the software maker’s stock worth $24,588,000 after buying an additional 358,771 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of SPS Commerce by 13,031.0% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 354,538 shares of the software maker’s stock worth $19,737,000 after buying an additional 351,838 shares during the last quarter. 98.96% of the stock is owned by institutional investors.

SPS Commerce Trading Down 2.2%

NASDAQ SPSC opened at $90.56 on Tuesday. SPS Commerce has a 1-year low of $49.04 and a 1-year high of $113.47. The stock has a 50-day moving average of $82.85 and a 200-day moving average of $68.58. The firm has a market cap of $3.26 billion, a PE ratio of 43.75 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC) last issued its 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 company had revenue of $197.81 million during the quarter, compared to analysts’ expectations of $195.46 million. During the same period in the prior year, the business posted $1.00 EPS. SPS Commerce’s quarterly revenue was up 5.6% compared to the same quarter last year. 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. As a group, equities research analysts forecast that SPS Commerce will post 3.56 earnings per share for the current fiscal year.

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.