Cantor Fitzgerald Forecasts Weaker Earnings for SPS Commerce

Key Points

• Cantor Fitzgerald has reduced its FY2026 earnings per share (EPS) estimate for SPS Commerce from $3.40 to $3.31, signaling anticipated weaker earnings for the software maker.
• SPS Commerce reported a quarterly EPS of $1.00, exceeding analyst expectations of $0.90, and reported a year-over-year revenue increase of 22% for the quarter.
• Current stock market sentiment shows a "Moderate Buy" rating with a consensus price target of $162.30, reflecting varied outlooks from different analysts on the stock.

SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) - Investment analysts at Cantor Fitzgerald cut their FY2026 earnings per share (EPS) estimates for shares of SPS Commerce in a report issued on Wednesday, September 24th. Cantor Fitzgerald analyst M. Vanvliet now expects that the software maker will post earnings of $3.31 per share for the year, down from their prior estimate of $3.40. Cantor Fitzgerald currently has a "Overweight" rating and a $135.00 target price on the stock. The consensus estimate for SPS Commerce's current full-year earnings is $2.73 per share.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The software maker reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.10. SPS Commerce had a net margin of 11.79% and a return on equity of 12.10%. The firm had revenue of $187.40 million during the quarter, compared to the consensus estimate of $185.88 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The firm's revenue was up 22.0% on a year-over-year basis. SPS Commerce has set its FY 2025 guidance at 3.990-4.040 EPS. Q3 2025 guidance at 0.960-1.000 EPS.

Several other equities research analysts have also weighed in on the stock. Wall Street Zen upgraded shares of SPS Commerce from a "hold" rating to a "buy" rating in a research note on Saturday, September 20th. DA Davidson cut SPS Commerce from a "strong-buy" rating to a "hold" rating and dropped their price target for the stock from $175.00 to $125.00 in a research report on Thursday, July 31st. Stifel Nicolaus cut their price target on SPS Commerce from $175.00 to $165.00 and set a "buy" rating on the stock in a report on Thursday, July 31st. Needham & Company LLC restated a "buy" rating and set a $160.00 price objective on shares of SPS Commerce in a research note on Wednesday. Finally, Morgan Stanley cut their target price on SPS Commerce from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $162.30.

SPS Commerce Stock Performance

SPS Commerce stock opened at $107.49 on Thursday. SPS Commerce has a 1 year low of $102.05 and a 1 year high of $201.06. The firm's 50-day moving average is $115.67 and its 200-day moving average is $129.58. The company has a market cap of $4.07 billion, a P/E ratio of 49.31 and a beta of 0.70.

Institutional Investors Weigh In On SPS Commerce

Several institutional investors have recently bought and sold shares of the stock. Hardy Reed LLC lifted its holdings in SPS Commerce by 2.8% during the 2nd quarter. Hardy Reed LLC now owns 2,746 shares of the software maker's stock valued at $374,000 after purchasing an additional 75 shares during the last quarter. Journey Strategic Wealth LLC raised its stake in shares of SPS Commerce by 4.3% in the first quarter. Journey Strategic Wealth LLC now owns 1,919 shares of the software maker's stock valued at $255,000 after acquiring an additional 79 shares during the last quarter. UMB Bank n.a. boosted its holdings in shares of SPS Commerce by 60.6% in the 2nd quarter. UMB Bank n.a. now owns 212 shares of the software maker's stock worth $29,000 after acquiring an additional 80 shares in the last quarter. Alliance Wealth Advisors LLC UT grew its position in SPS Commerce by 1.0% during the 1st quarter. Alliance Wealth Advisors LLC UT now owns 9,269 shares of the software maker's stock worth $1,230,000 after acquiring an additional 90 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in SPS Commerce by 41.1% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 316 shares of the software maker's stock valued at $43,000 after purchasing an additional 92 shares in the last quarter. Institutional investors and hedge funds own 98.96% of the company's stock.

SPS Commerce Company Profile

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.

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