SPS Commerce, Inc. (SPSC)
| Market Cap | 1.91B -64.0% |
| Revenue (ttm) | 762.08M +13.8% |
| Net Income | 90.87M +11.8% |
| EPS | 2.41 +12.5% |
| Shares Out | 36.71M |
| PE Ratio | 21.58 |
| Forward PE | 10.69 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 693,900 |
| Open | 53.15 |
| Previous Close | 52.78 |
| Day's Range | 51.38 - 53.82 |
| 52-Week Range | 50.55 - 153.16 |
| Beta | 0.58 |
| Analysts | Buy |
| Price Target | 81.78 (+57.33%) |
| Earnings Date | Apr 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 9 analysts, the average rating for SPSC stock is "Buy." The 12-month stock price target is $81.78, which is an increase of 57.33% from the latest price.
News
SPS Commerce participates in a conference call with William Blair
William Blair holds a conference call with management on May 13 at 11 am. Webcast Link
SPS Commerce price target lowered to $76 from $84 at Citi
Citi lowered the firm’s price target on SPS Commerce (SPSC) to $76 from $84 and keeps a Buy rating on the shares.
SPS Commerce price target lowered to $70 from $95 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on SPS Commerce (SPSC) to $70 from $95 and keeps an Equal Weight rating on the shares. Q1 results disappointed, with revenue missing…
SPS Commerce price target lowered to $60 from $70 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on SPS Commerce (SPSC) to $60 from $70 and keeps a Neutral rating on the shares. SPS Commerce is showing gradual core recovery…
SPS Commerce price target lowered to $75 from $110 at Needham
Needham lowered the firm’s price target on SPS Commerce (SPSC) to $75 from $110 and keeps a Buy rating on the shares. The company missed consensus revenue estimates and lowered…
SPS Commerce price target lowered to $60 from $65 at Stifel
Stifel analyst J. Parker Lane lowered the firm’s price target on SPS Commerce (SPSC) to $60 from $65 and keeps a Hold rating on the shares.
SPS Commerce reports Q1 EPS $1.10, consensus 98c
Reports Q1 revenue $192.1M, consensus $192.71M. “SPS Commerce (SPSC) delivered a solid performance this quarter, led by growth of our core business and momentum in cross-selling across our customer ba...
SPS Commerce sees Q2 EPS $1.06-$1.09, consensus $1.10
Sees Q2 revenue $194.5M-$196.5M, consensus $198.44M. Sees Q2 adjusted EBITDA $60.9M-$62.4M.
SPS Commerce raises FY26 EPS view to $4.73-$4.76 from $4.42-$4.50
Consensus $4.49. Lowers FY26 revenue view to $796M-$802M from $798.5M-$806.8M, consensus $801.83M. Sees FY26 adjusted EBITDA $262.8M-$267.3M. “SPS Commerce’s (SPSC) core business fundamentals remain s...
SPS Commerce Earnings Call Transcript: Q1 2026
Q1 2026 saw 6% revenue growth and strong recurring revenue, with AI-driven solutions like MAX gaining traction among customers. Amazon revenue recovery remains a headwind, but cross-selling and product integration are fueling growth, and share repurchases continue.
SPS Commerce Reports First Quarter 2026 Financial Results
First quarter 2026 revenue grew 6% and recurring revenue grew 7% from the first quarter of 2025 First quarter 2026 revenue grew 6% and recurring revenue grew 7% from the first quarter of 2025
SPS Commerce downgraded to Neutral from Buy at Rothschild & Co Redburn
Rothschild & Co Redburn downgraded SPS Commerce (SPSC) to Neutral from Buy with a price target of $60, down from $100. The firm believes the company has a “relatively low…
SPS Commerce Transcript: Morgan Stanley Technology, Media & Telecom Conference 2026
The company is leveraging its large supply chain network and new AI-driven features to drive efficiency and growth, with a focus on upsell, cross-sell, and expanding retailer solutions. Financial priorities include margin expansion and capital allocation toward buybacks, while leadership transition supports continued execution.
SPS Commerce to Present at the Morgan Stanley Technology, Media & Telecom Conference
MINNEAPOLIS, Feb. 25, 2026 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), the leading intelligent supply chain network, today announced that management will present at the Morgan Stanley Techn...
SPS Commerce price target lowered to $95 from $100 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on SPS Commerce (SPSC) to $95 from $100 and keeps an Equal Weight rating on the shares. Q4 results disappointed with revenue at…
SPS Commerce price target lowered to $86 from $104 at Baird
Baird lowered the firm’s price target on SPS Commerce (SPSC) to $86 from $104 and keeps a Neutral rating on the shares. The firm updated its model following its results…
Craig-Hallum downgrades SPS Commerce to Hold as unclear headwinds continue
As previously reported, Craig-Hallum downgraded SPS Commerce (SPSC) to Hold from Buy with a $70 price target following quarterly results and an underwhelming FY26 guide. While the company has now…
SPS Commerce price target lowered to $70 from $100 at Cantor Fitzgerald
Cantor Fitzgerald lowered the firm’s price target on SPS Commerce (SPSC) to $70 from $100 and keeps a Neutral rating on the shares. The company closed 2025 with sluggish results,…
SPS Commerce downgraded to Hold from Buy at Craig-Hallum
Craig-Hallum downgraded SPS Commerce (SPSC) to Hold from Buy with a $70 price target
SPS Commerce price target lowered to $65 from $80 at Stifel
Stifel lowered the firm’s price target on SPS Commerce (SPSC) to $65 from $80 and keeps a Hold rating on the shares.
SPS Commerce price target lowered to $84 from $110 at Citi
Citi analyst George Kurosawa lowered the firm’s price target on SPS Commerce (SPSC) to $84 from $110 and keeps a Buy rating on the shares.
SPS Commerce Earnings Call Transcript: Q4 2025
Achieved 100 consecutive quarters of revenue growth in 2025, with revenue up 18% year-over-year and strong recurring revenue. Guidance for 2026 anticipates 7% revenue growth and continued margin expansion, despite macro headwinds and Amazon policy changes.
SPS Commerce CFO Kim Nelson to retire, Joseph Del Preto to succeed
SPS Commerce (SPSC) also announced it has appointed Joseph Del Preto as its executive VP and CFO, effective March 16. Del Preto most recently served as CFO and treasurer of…
SPS Commerce increases share repurchase program by $200M
The company also announced that the board of directors of SPS Commerce (SPSC) approved an additional $200M in repurchase authority under the company’s previously announced share repurchase program tha...
SPS Commerce sees Q1 EPS 95c-99c, consensus $1.08
Sees Q1 revenue $191.6M-$193.6M, consensus $197.63M. Sees Q1 adjusted EBITDA $55.5M-$57.5M.