SPS Commerce, Inc. (NASDAQ:SPSC) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• SPS Commerce, Inc. (NASDAQ:SPSC) received an average recommendation of "Moderate Buy" from ten ratings firms, with five analysts recommending a hold and five a buy.
• The average one-year price target for the stock among brokers is $165.80, with recent ratings adjustments from Cantor Fitzgerald, Loop Capital, and Wall Street Zen.
• For Q2 2025, SPS Commerce reported $1.00 EPS, exceeding estimates, and set fiscal year 2025 guidance at 3.990-4.040 EPS.

Shares of SPS Commerce, Inc. (NASDAQ:SPSC - Get Free Report) have earned an average recommendation of "Moderate Buy" from the ten ratings firms that are covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $165.80.

A number of brokerages recently commented on SPSC. Cantor Fitzgerald began coverage on shares of SPS Commerce in a research note on Tuesday, June 3rd. They issued an "overweight" rating and a $170.00 price target on the stock. Loop Capital lowered shares of SPS Commerce from a "buy" rating to a "hold" rating and decreased their price target for the company from $175.00 to $120.00 in a research note on Thursday, July 31st. Stifel Nicolaus decreased their price target on shares of SPS Commerce from $175.00 to $165.00 and set a "buy" rating on the stock in a research note on Thursday, July 31st. Wall Street Zen lowered shares of SPS Commerce from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Robert W. Baird upped their price target on shares of SPS Commerce from $154.00 to $159.00 and gave the company a "neutral" rating in a research note on Friday, April 25th.

SPS Commerce Stock Performance

Shares of SPSC opened at $113.89 on Wednesday. SPS Commerce has a 52 week low of $102.05 and a 52 week high of $203.86. The firm has a market cap of $4.32 billion, a P/E ratio of 52.24 and a beta of 0.71. The firm's 50-day simple moving average is $129.65 and its 200 day simple moving average is $136.62.

SPS Commerce (NASDAQ:SPSC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The software maker reported $1.00 EPS for the quarter, beating 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 business had revenue of $187.40 million for the quarter, compared to analyst estimates of $185.88 million. During the same quarter in the prior year, the business earned $0.80 EPS. SPS Commerce's quarterly 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. As a group, equities analysts forecast that SPS Commerce will post 2.73 earnings per share for the current year.

Institutional Trading of SPS Commerce

Institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp boosted its holdings in SPS Commerce by 11.8% in the 1st quarter. Bank of New York Mellon Corp now owns 331,432 shares of the software maker's stock valued at $43,991,000 after purchasing an additional 34,859 shares during the period. KBC Group NV boosted its holdings in SPS Commerce by 8.1% in the 1st quarter. KBC Group NV now owns 1,651 shares of the software maker's stock valued at $219,000 after purchasing an additional 124 shares during the period. SG Americas Securities LLC bought a new stake in SPS Commerce in the 1st quarter valued at about $1,045,000. First Trust Advisors LP boosted its holdings in SPS Commerce by 202.0% in the 4th quarter. First Trust Advisors LP now owns 5,683 shares of the software maker's stock valued at $1,046,000 after purchasing an additional 3,801 shares during the period. Finally, LPL Financial LLC boosted its holdings in SPS Commerce by 7.4% in the 1st quarter. LPL Financial LLC now owns 50,015 shares of the software maker's stock valued at $6,487,000 after purchasing an additional 3,454 shares during the period. Institutional investors own 98.96% of the company's stock.

About SPS Commerce

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.