SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · IEX Real-Time Price · USD
192.68
+3.58 (1.89%)
Jul 2, 2024, 4:00 PM EDT - Market closed
SPS Commerce Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for SPS Commerce stock have an average target of 200.25, with a low estimate of 177 and a high estimate of 222. The average target predicts an increase of 3.93% from the current stock price of 192.68.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for SPS Commerce stock from 8 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 7 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $220 | Strong Buy | Initiates | $220 | +14.18% | May 14, 2024 |
| Needham | Needham | Strong Buy Reiterates $205 | Strong Buy | Reiterates | $205 | +6.39% | May 10, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $213 → $222 | Strong Buy | Maintains | $213 → $222 | +15.22% | May 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $205 | Strong Buy | Reiterates | $205 | +6.39% | Apr 26, 2024 |
| Baird | Baird | Hold Maintains $172 → $178 | Hold | Maintains | $172 → $178 | -7.62% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
635.95M
from 536.91M
Increased by 18.45%
Revenue Next Year
729.94M
from 635.95M
Increased by 14.78%
EPS This Year
3.40
from 1.76
Increased by 93.10%
EPS Next Year
3.94
from 3.40
Increased by 15.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 658.7M | 755.7M | 861.5M |
| Avg | 636.0M | 729.9M | 834.5M |
| Low | 608.5M | 693.8M | 798.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.7% | 18.8% | 18.0% |
| Avg | 18.4% | 14.8% | 14.3% |
| Low | 13.3% | 9.1% | 9.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.65 | 4.35 | 5.48 |
| Avg | 3.40 | 3.94 | 4.86 |
| Low | 3.21 | 3.49 | 4.31 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 107.6% | 28.1% | 39.1% |
| Avg | 93.1% | 16.0% | 23.4% |
| Low | 82.6% | 2.7% | 9.4% |
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.