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

SPS Commerce, Inc. (NASDAQ:SPSC) has received an average recommendation of “Hold” from the twelve ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $76.4545.

A number of brokerages have issued reports on SPSC. Zacks Research cut SPS Commerce from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Cantor Fitzgerald set a $60.00 price objective on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Friday, May 1st. Needham & Company LLC decreased their price objective on shares of SPS Commerce from $110.00 to $75.00 and set a “buy” rating for the company in a report on Friday, May 1st. Wall Street Zen upgraded shares of SPS Commerce from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings upgraded shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Wednesday, July 8th.

Hedge Funds Weigh In On SPS Commerce

Institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in shares of SPS Commerce by 545.7% during the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after purchasing an additional 191 shares during the last quarter. Advisory Services Network LLC acquired a new stake in SPS Commerce in the 3rd quarter valued at approximately $32,000. Advisors Asset Management Inc. grew its holdings in SPS Commerce by 39.9% in the 1st quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after buying an additional 112 shares during the last quarter. Global Retirement Partners LLC increased its position in SPS Commerce by 2,130.0% in the 4th quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock worth $40,000 after buying an additional 426 shares during the period. Finally, Summit Securities Group LLC bought a new position in SPS Commerce in the 4th quarter worth approximately $45,000. 98.96% of the stock is currently owned by institutional investors.

SPS Commerce Price Performance

Shares of NASDAQ:SPSC opened at $65.75 on Friday. SPS Commerce has a fifty-two week low of $49.04 and a fifty-two week high of $143.55. The business has a 50-day moving average of $56.17 and a two-hundred day moving average of $64.16. The stock has a market capitalization of $2.41 billion, a P/E ratio of 27.40 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings data on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.13. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The business had revenue of $192.12 million for the quarter, compared to analyst estimates of $192.50 million. During the same quarter in the prior year, the firm posted $1.00 EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. 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. As a group, research analysts expect that SPS Commerce will post 3.35 EPS 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.