SPS Commerce, Inc. (NASDAQ:SPSC) Stock Now Rated "Hold" by Sell-Side Analysts

Key Points

• Analysts collectively rate SPS Commerce “Hold.” Of 11 analysts, seven recommend holding, two recommend buying, one gives a strong buy, and one recommends selling; the average 12-month price target is $78.60.
• SPS Commerce recently beat quarterly expectations, reporting $1.27 in earnings per share versus the $1.09 consensus estimate and revenue of $197.81 million versus $195.46 million expected. Revenue increased 5.6% year over year.
• The stock opened at $85.42, with a $3.08 billion market capitalization and a 52-week range of $49.04 to $114.87. Institutional investors own approximately 98.96% of outstanding shares.

SPS Commerce, Inc. (NASDAQ:SPSC - Get Free Report) has been given a consensus recommendation of "Hold" by the eleven analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokers that have covered the stock in the last year is $78.60.

Several equities research analysts have recently issued reports on SPSC shares. Weiss Ratings raised shares of SPS Commerce from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, October 2nd. Zacks Research upgraded shares of SPS Commerce from a "strong sell" rating to a "hold" rating in a report on Monday, July 20th. Wall Street Zen raised shares of SPS Commerce from a "hold" rating to a "buy" rating in a research report on Saturday. Stifel Nicolaus upped their target price on shares of SPS Commerce from $70.00 to $85.00 and gave the stock a "hold" rating in a research note on Wednesday, October 14th. Finally, DA Davidson set a $65.00 target price on SPS Commerce in a report on Friday, July 31st.

SPS Commerce Stock Performance

Shares of SPSC opened at $85.42 on Tuesday. The stock has a 50 day simple moving average of $81.66 and a 200 day simple moving average of $66.51. SPS Commerce has a 52-week low of $49.04 and a 52-week high of $114.87. The firm has a market capitalization of $3.08 billion, a PE ratio of 41.27 and a beta of 0.62.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last announced its earnings results on Thursday, July 30th. The software maker reported $1.27 EPS for the quarter, topping the consensus estimate of $1.09 by $0.18. The firm had revenue of $197.81 million for the quarter, compared to the consensus estimate of $195.46 million. SPS Commerce had a net margin of 10.10% and a return on equity of 13.04%. The business's quarterly revenue was up 5.6% on a year-over-year basis. During the same period last year, the company posted $1.00 EPS. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. Equities research analysts predict that SPS Commerce will post 3.56 EPS for the current fiscal year.

Institutional Trading of SPS Commerce

A number of institutional investors have recently modified their holdings of SPSC. State Street Corp increased its position in shares of SPS Commerce by 3.1% in the second quarter. State Street Corp now owns 1,545,696 shares of the software maker's stock valued at $88,367,000 after acquiring an additional 45,886 shares during the last quarter. Bank of America Corp DE raised its holdings in SPS Commerce by 3.3% during the first quarter. Bank of America Corp DE now owns 998,622 shares of the software maker's stock worth $55,593,000 after acquiring an additional 31,434 shares in the last quarter. Summit Global Investments bought a new stake in SPS Commerce during the second quarter worth about $828,000. BlackRock Inc. acquired a new position in SPS Commerce during the second quarter valued at approximately $339,259,000. Finally, Man Group plc acquired a new position in SPS Commerce during the second quarter valued at approximately $859,000. 98.96% of the stock is currently owned by institutional investors.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps trading partners connect and exchange business documents, coordinate orders and shipments, manage product information, and improve visibility across the retail supply chain.

The company's offerings include electronic data interchange (EDI), order management, fulfillment and shipping tools, product content management, inventory visibility, analytics and retail compliance solutions.

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