SPS Commerce (NASDAQ:SPSC) Stock Rating Lowered by Wall Street Zen

SPS Commerce (NASDAQ:SPSC) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

SPSC has been the subject of a number of other reports. Zacks Research lowered shares of SPS Commerce from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 14th. Rothschild & Co Redburn set a $60.00 target price on shares of SPS Commerce and gave the company a “neutral” rating in a report on Thursday, April 16th. DA Davidson set a $55.00 target price on SPS Commerce and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Weiss Ratings raised SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, July 8th. Finally, Needham & Company LLC reduced their price target on SPS Commerce from $110.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, May 1st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $76.45.

SPS Commerce Stock Performance

Shares of SPS Commerce stock opened at $65.59 on Friday. The stock has a market capitalization of $2.41 billion, a P/E ratio of 27.33 and a beta of 0.56. SPS Commerce has a 52-week low of $49.04 and a 52-week high of $143.55. The stock’s 50-day simple moving average is $56.35 and its 200 day simple moving average is $63.97.

SPS Commerce (NASDAQ:SPSC) last issued its earnings results on Thursday, April 30th. The software maker reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.13. The firm had revenue of $192.12 million during the quarter, compared to analyst estimates of $192.50 million. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter last year, the business earned $1.00 earnings per share. 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. Equities research analysts forecast that SPS Commerce will post 3.35 EPS for the current fiscal year.

Hedge Funds Weigh In On SPS Commerce

Hedge funds have recently bought and sold shares of the company. NewEdge Advisors LLC lifted its stake in SPS Commerce by 545.7% in 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 in the last quarter. Advisory Services Network LLC bought a new position in SPS Commerce in the 3rd quarter valued at $32,000. Global Retirement Partners LLC grew its position in shares of SPS Commerce by 2,130.0% during the 4th quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after purchasing an additional 426 shares in the last quarter. Summit Securities Group LLC purchased a new position in shares of SPS Commerce during the 4th quarter valued at $45,000. Finally, Park Place Capital Corp grew its position in shares of SPS Commerce by 29.7% during the 4th quarter. Park Place Capital Corp now owns 564 shares of the software maker’s stock valued at $50,000 after purchasing an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

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.