SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
54.78
-0.08 (-0.15%)
Jun 23, 2026, 4:00 PM EDT - 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 $68.09. The average 1-year stock price forecast is 24.30% higher than the current stock price, while the lowest is $55 (+0.40%) and the highest is $103 (+88.02%).

Price Target: $68.09 (+24.30%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$55$68.09$60$103
Change+0.40%+24.30%+9.53%+88.02%
* Price targets were last updated on May 4, 2026.

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy433222
Buy111111
Hold788999
Sell000000
Strong Sell000000
Total121212121212

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
William Blair
William Blair
Hold
Maintains
n/a
HoldMaintainsn/an/aJun 2, 2026
Citi
Citi
Buy
Reiterates
$84$76
BuyReiterates$84$76+38.74%May 4, 2026
Craig-Hallum
Craig-Hallum
Hold
Reiterates
$70$60
HoldReiterates$70$60+9.53%May 1, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$95$70
HoldMaintains$95$70+27.78%May 1, 2026
Northland Securities
Northland Securities
Buy
Reiterates
$103
BuyReiterates$103+88.02%May 1, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
798.12M
from 751.51M
Increased by 6.20%
Revenue Next Year
853.99M
from 798.12M
Increased by 7.00%
EPS This Year
4.73
from 4.27
Increased by 10.88%
EPS Next Year
5.22
from 4.73
Increased by 10.35%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
385.28M450.88M536.91M637.77M751.51M798.12M
Revenue Growth
23.24%17.03%19.08%18.78%17.83%6.20%
Gross Profit
253.60M297.81M354.84M427.05M519.88M569.00M
Gross Margin
65.82%66.05%66.09%66.96%69.18%71.29%
Operating Income
55.09M71.18M77.25M88.88M118.30M240.24M
Net Income
44.60M55.13M65.82M77.05M93.34M99.19M
EPS
----4.274.73
EPS Growth
----22.70%10.88%
Forward PE
74.7954.8364.1549.1020.4711.57
Free Cash Flow
77.50M80.42M111.13M133.30M124.24M182.83M
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High800.8M
Avg798.1M
Low796.0M

Revenue Growth

Revenue Growth202620272028
High
6.6%
Avg
6.2%
Low
5.9%

EPS Forecast

EPS202620272028
High4.86
Avg4.73
Low4.64

EPS Growth

EPS Growth202620272028
High
13.8%
Avg
10.9%
Low
8.7%