SPS Commerce, Inc. (NASDAQ:SPSC) Receives $76.45 Average PT from Analysts

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are covering the company, 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 12 month target price among brokerages that have issued a report on the stock in the last year is $76.4545.

Several equities analysts have recently commented on the stock. Cantor Fitzgerald set a $60.00 price target on shares of SPS Commerce and gave the stock a “neutral” rating in a research report on Friday, May 1st. Weiss Ratings cut shares of SPS Commerce from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 13th. Wall Street Zen raised shares of SPS Commerce from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. Rothschild & Co Redburn set a $60.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a report on Thursday, April 16th. Finally, Craig Hallum cut shares of SPS Commerce from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a report on Friday, February 13th.

Insider Transactions at SPS Commerce

In other SPS Commerce news, Director Marty M. Reaume sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $57.90, for a total value of $57,900.00. Following the transaction, the director owned 9,158 shares of the company’s stock, valued at $530,248.20. This trade represents a 9.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.58% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On SPS Commerce

A number of large investors have recently bought and sold shares of the business. NewEdge Advisors LLC increased its position in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares during the period. Advisory Services Network LLC acquired a new stake in SPS Commerce in the 3rd quarter valued at approximately $32,000. 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 valued at $40,000 after acquiring an additional 426 shares during the period. Summit Securities Group LLC acquired a new stake in SPS Commerce in the 4th quarter valued at approximately $45,000. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in SPS Commerce in the 3rd quarter valued at approximately $48,000. Institutional investors own 98.96% of the company’s stock.

SPS Commerce Stock Performance

Shares of SPSC stock opened at $53.55 on Friday. SPS Commerce has a one year low of $49.04 and a one year high of $147.61. The company’s 50-day simple moving average is $55.31 and its 200-day simple moving average is $71.23. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 22.31 and a beta of 0.58.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Thursday, April 30th. The software maker reported $1.10 EPS for the quarter, topping the consensus estimate of $0.97 by $0.13. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The business had revenue of $192.12 million for the quarter, compared to analysts’ expectations of $192.51 million. During the same quarter last year, the company posted $1.00 earnings per share. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. 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 forecast that SPS Commerce will post 3.41 EPS for the current year.

About SPS Commerce

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.