SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
186.32
+6.45 (3.59%)
Nov 21, 2024, 4:00 PM EST - Market closed
SPS Commerce Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for SPS Commerce stock have an average target of 223.78, with a low estimate of 188 and a high estimate of 250. The average target predicts an increase of 20.11% from the current stock price of 186.32.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SPS Commerce stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $186 → $188 | Hold | Maintains | $186 → $188 | +0.90% | Oct 28, 2024 |
| Stifel | Stifel | Strong Buy Maintains $240 → $250 | Strong Buy | Maintains | $240 → $250 | +34.18% | Oct 25, 2024 |
| Needham | Needham | Strong Buy Reiterates $230 | Strong Buy | Reiterates | $230 | +23.44% | Oct 25, 2024 |
| Needham | Needham | Strong Buy Reiterates $230 | Strong Buy | Reiterates | $230 | +23.44% | Aug 2, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $205 → $209 | Buy → Hold | Downgrades | $205 → $209 | +12.17% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
648.93M
from 536.91M
Increased by 20.86%
Revenue Next Year
755.24M
from 648.93M
Increased by 16.38%
EPS This Year
3.50
from 1.76
Increased by 99.10%
EPS Next Year
3.98
from 3.50
Increased by 13.52%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 669.3M | 783.8M | 903.0M |
| Avg | 648.9M | 755.2M | 868.4M |
| Low | 622.9M | 720.5M | 825.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.7% | 20.8% | 19.6% |
| Avg | 20.9% | 16.4% | 15.0% |
| Low | 16.0% | 11.0% | 9.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.70 | 4.36 | 5.03 |
| Avg | 3.50 | 3.98 | 4.75 |
| Low | 3.34 | 3.65 | 4.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 110.0% | 24.4% | 26.6% |
| Avg | 99.1% | 13.5% | 19.4% |
| Low | 89.9% | 4.1% | 10.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.