SPS Commerce, Inc. (SPSC)
| Market Cap | 3.06B -28.6% |
| Revenue (ttm) | 772.49M +9.8% |
| Net Income | 78.00M -6.0% |
| EPS | 2.09 -4.2% |
| Shares Out | 36.00M |
| PE Ratio | 40.68 |
| Forward PE | 16.68 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 353,920 |
| Open | 83.96 |
| Previous Close | 84.20 |
| Day's Range | 83.96 - 85.54 |
| 52-Week Range | 49.04 - 114.87 |
| Beta | 0.49 |
| Analysts | Hold |
| Price Target | 75.45 (-11.15%) |
| Earnings Date | Jul 30, 2026 |
About SPSC
SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery throug... [Read more]
Financial Performance
In 2025, SPS Commerce's revenue was $751.51 million, an increase of 17.83% compared to the previous year's $637.77 million. Earnings were $93.34 million, an increase of 21.13%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for SPSC stock is "Hold." The 12-month stock price target is $75.45, which is a decrease of -11.15% from the latest price.
News
Walgreens, US Foods, Petco and More Recognized in the Inaugural Class of Top Supply Chain Leaders by SPS Commerce
MINNEAPOLIS--(BUSINESS WIRE)--SPS Commerce (NASDAQ: SPSC), the leading intelligent supply chain network, today announced the inaugural class of its Top Supply Chain Leaders, recognizing an initial 50 ...
SPS Commerce management to meet with Needham
Meeting to be held in New York on August 18 hosted by Needham.
SPS Commerce price target raised to $59 from $57 at Morgan Stanley
Morgan Stanley raised the firm’s price target on SPS Commerce (SPSC) to $59 from $57 and keeps an Underweight rating on the shares. After three consecutive quarters of missing consensus…
SPS Commerce price target raised to $65 from $55 at DA Davidson
DA Davidson analyst Gil Luria raised the firm’s price target on SPS Commerce (SPSC) to $65 from $55 and keeps a Neutral rating on the shares. The company’s Q2 results…
SPS Commerce price target raised to $70 from $60 at Cantor Fitzgerald
Cantor Fitzgerald raised the firm’s price target on SPS Commerce (SPSC) to $70 from $60 and keeps a Neutral rating on the shares. The Q2 results showed early stabilization in…
SPS Commerce price target raised to $78 from $70 at Baird
Baird analyst Joe Vruwink raised the firm’s price target on SPS Commerce (SPSC) to $78 from $70 and keeps a Neutral rating on the shares. The firm updated its model…
SPS Commerce price target raised to $70 from $60 at Stifel
Stifel raised the firm’s price target on SPS Commerce (SPSC) to $70 from $60 and keeps a Hold rating on the shares.
SPS Commerce raises FY26 adjusted EPS view to $4.84-$4.93 from $4.73-$4.76
Consensus $4.74. Cuts FY26 revenue view to $788.4M-$793.4M from $796M-$802M, consensus $796.22M. Raises FY26 adjusted EBITDA view to $264.6M-$269.1M from $262.8M-$267.3M. The company said, “As a resul...
SPS Commerce reports Q2 EPS $1.27, consensus $1.09
Reports Q2 revenue $197.82M, consensus $195.45M. “SPS Commerce (SPSC) is executing its growth and innovation roadmap. MAX, our agentic capabilities embedded within SPS’ supply chain network, has alrea...
SPS Commerce sees Q3 EPS $1.20-$1.23, consensus $1.24
Sees Q3 revenue $196.3M-$198.3M, consensus $201.91M. Sees Q3 adjusted EBITDA $67.4M-$69.4M. “Solid second-quarter performance reflects up-sell and cross-sell momentum across our core business,” said J...
SPS Commerce Earnings Call Transcript: Q2 2026
Q2 2026 saw 6% revenue growth and strong margin expansion, driven by upsell/cross-sell momentum and a focus on 1P suppliers after divesting the 3P segment. AI-powered solutions and a new Analytics platform delivered tangible customer ROI, with guidance reaffirming high single-digit core revenue growth and a 34% EBITDA margin for 2026.
SPS Commerce Earnings release: Q2 2026
SPS Commerce released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
SPS Commerce Quarterly report: Q2 2026
SPS Commerce has published its Q2 2026 quarterly earnings report on July 30, 2026.
SPS Commerce Slides: Q2 2026
SPS Commerce has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 30, 2026.
SPS Commerce Reports Strong Second Quarter 2026 Financial Results
Second quarter 2026 revenue and Adjusted EBITDA exceed high end of guidance range Company provides updated full year 2026 guidance following recently completed divestiture
SPS Commerce price target raised to $82 from $76 at Citi
Citi raised the firm’s price target on SPS Commerce (SPSC) to $82 from $76 and keeps a Buy rating on the shares ahead of earnings. The firm says improving web…
SPS Commerce downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded SPS Commerce (SPSC) to Underweight from Equal Weight with a price target of $57, down from $70. The company’s recent execution has been disappointing, and it will…
SPS Commerce Announces Date of Second Quarter 2026 Financial Results
MINNEAPOLIS, July 16, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced that it will issue its financial results for the second ...
SPS Commerce sells third-party revenue recovery business for $9.5M
SPS Commerce (SPSC) announced the completed sale of its third-party revenue recovery business, which was previously acquired through its purchase of Carbon6 Technologies in early 2025. Under the terms...
SPS Commerce Announces Agreement to Sell 3P Revenue Recovery Business
MINNEAPOLIS, June 30, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced it has completed the sale of its 3P Revenue Recovery bus...
Activist target SPS Commerce exploring potential sale, Reuters says
12:58 EDT Activist target SPS Commerce (SPSC) exploring potential sale, Reuters says
SPS Commerce exploring sale under activist pressure, Reuters reports
SPS Commerce (SPSC) is exploring a sale amid pressure from activist investors, according to Reuters, citing three people familiar with the matter. The supply chain software maker is working with…
SPS Commerce jumps after Reuters report on exploring possible sale
Shares of SPS Commerce (SPSC) are up $4.09, or 7.5%, to $58.95 following Reuters’ report.
SPS Commerce explores sale amid activist pressure, sources say
Supply chain software maker SPS Commerce is exploring a sale amid pressure from activist investors, according to three people familiar with the matter.
SPS Commerce Transcript: 46th Annual William Blair Growth Stock Conference
A cloud-based supply chain network is expanding through digitization, AI-driven efficiencies, and a land-and-expand model targeting higher customer spend. Growth is fueled by product innovation, internal automation, and increasing demand for solutions like Revenue Recovery, despite some headwinds from Amazon policy changes.