SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
81.30
-0.95 (-1.16%)
Nov 13, 2026, 4:00 PM EST - Market closed

SPS Commerce Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, SPS Commerce stock has a consensus rating of "Hold" and an average price target of $84.82. The average 1-year stock price forecast is 4.33% higher than the current stock price, while the lowest is $70 (-13.90%) and the highest is $103 (+26.69%).

Price Target: $84.82 (+4.33%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$70$84.82$82$103
Change-13.90%+4.33%+0.86%+26.69%

Analyst Ratings

The average analyst rating for SPS Commerce stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy222222
Buy111111
Hold988888
Sell000000
Strong Sell011111
Total121212121212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Sell
Reiterates
$74 → $76
SellReiterates$74 → $76-6.52%Nov 5, 2026
Stifel Nicolaus
Stifel Nicolaus
Hold
Maintains
$85
HoldMaintains$85+4.55%Oct 30, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Maintains
$90
HoldMaintains$90+10.70%Oct 30, 2026
Citi
Citi
Buy
Maintains
$82 → $99
BuyMaintains$82 → $99+21.77%Oct 20, 2026
William Blair
William Blair
Hold
Maintains
n/a
HoldMaintainsn/an/aSep 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
788.40M
from 751.51M
Increased by 4.91%
Revenue Next Year
831.83M
from 788.40M
Increased by 5.51%
EPS This Year
5.09
from 4.27
Increased by 19.20%
EPS Next Year
5.45
from 5.09
Increased by 7.08%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
385.28M450.88M536.91M637.77M751.51M788.40M
Revenue Growth
23.24%17.03%19.08%18.78%17.83%4.91%
Gross Profit
253.60M297.81M354.84M427.05M519.88M566.42M
Gross Margin
65.82%66.05%66.09%66.96%69.18%71.84%
Operating Income
55.09M71.18M77.25M88.88M118.30M244.19M
Net Income
44.60M55.13M65.82M77.05M93.34M85.84M
EPS
----4.275.09
EPS Growth
----22.70%19.20%
Forward PE
74.7954.8364.1549.1020.4715.97
Free Cash Flow
----152.27M194.67M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High791.4M
Avg788.4M
Low787.8M

Revenue Growth

Revenue Growth202620272028
High
5.3%
Avg
4.9%
Low
4.8%

EPS Forecast

EPS202620272028
High5.13
Avg5.09
Low5.06

EPS Growth

EPS Growth202620272028
High
20.1%
Avg
19.2%
Low
18.5%