SPS Commerce, Inc. (NASDAQ:SPSC) Receives Consensus Rating of “Hold” from Brokerages

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

Several research firms have commented on SPSC. Morgan Stanley set a $70.00 price objective on shares of SPS Commerce in a research note on Friday, May 1st. 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. DA Davidson set a $55.00 price target on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Cantor Fitzgerald set a $60.00 price target on shares of SPS Commerce and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Weiss Ratings raised shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday.

Institutional Investors Weigh In On SPS Commerce

Several hedge funds and other institutional investors have recently modified their holdings of the business. Advisors Asset Management Inc. grew its position 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 acquiring an additional 112 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of SPS Commerce by 2.0% during the first quarter. AQR Capital Management LLC now owns 14,134 shares of the software maker’s stock worth $1,876,000 after purchasing an additional 275 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of SPS Commerce by 545.7% during the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after purchasing an additional 191 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of SPS Commerce by 137.7% during the second quarter. EverSource Wealth Advisors LLC now owns 649 shares of the software maker’s stock valued at $88,000 after purchasing an additional 376 shares during the period. Finally, First Trust Advisors LP grew its holdings in shares of SPS Commerce by 83.2% in the second quarter. First Trust Advisors LP now owns 10,132 shares of the software maker’s stock worth $1,379,000 after purchasing an additional 4,602 shares during the last quarter. 98.96% of the stock is currently owned by hedge funds and other institutional investors.

SPS Commerce Price Performance

Shares of NASDAQ:SPSC traded up $0.11 during trading on Friday, hitting $60.85. The company had a trading volume of 433,692 shares, compared to its average volume of 736,097. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 25.35 and a beta of 0.56. SPS Commerce has a one year low of $49.04 and a one year high of $143.55. The company has a fifty day simple moving average of $55.59 and a two-hundred day simple moving average of $65.13.

SPS Commerce (NASDAQ:SPSC) last announced its earnings results on Thursday, April 30th. The software maker reported $1.10 EPS 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 analysts’ expectations of $192.50 million. SPS Commerce had a return on equity of 12.43% and a net margin of 11.92%.The company’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.00 EPS. 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. On average, equities research analysts anticipate that SPS Commerce will post 3.35 earnings per share for the current 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.