Q3 Earnings Forecast for SPS Commerce Issued By DA Davidson

Key Points

• DA Davidson has forecasted that SPS Commerce will report earnings of $0.75 per share for Q3 2025, maintaining a "Neutral" rating with a price objective of $125.00.
• Recent reports from multiple analysts have varied price targets for SPS Commerce, with Robert W. Baird increasing it to $159.00 and Cantor Fitzgerald setting a target of $170.00, while Loop Capital lowered theirs to $120.00.
• SPS Commerce reported a 22% increase in revenue year-over-year, with a net margin of 11.79% and earnings per share of $1.00 for the last quarter, surpassing analysts' expectations.

SPS Commerce, Inc. (NASDAQ:SPSC - Free Report) - Stock analysts at DA Davidson issued their Q3 2025 earnings estimates for SPS Commerce in a research note issued to investors on Thursday, July 31st. DA Davidson analyst G. Luria forecasts that the software maker will post earnings of $0.75 per share for the quarter. DA Davidson currently has a "Neutral" rating and a $125.00 target price on the stock. The consensus estimate for SPS Commerce's current full-year earnings is $2.73 per share. DA Davidson also issued estimates for SPS Commerce's FY2025 earnings at $2.98 EPS.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley reduced their price target on shares of SPS Commerce from $180.00 to $170.00 and set an "overweight" rating on the stock in a research note on Thursday, July 31st. Robert W. Baird raised their price objective on shares of SPS Commerce from $154.00 to $159.00 and gave the company a "neutral" rating in a report on Friday, April 25th. Loop Capital lowered shares of SPS Commerce from a "buy" rating to a "hold" rating and dropped their price objective for the company from $175.00 to $120.00 in a report on Thursday, July 31st. Cantor Fitzgerald initiated coverage on shares of SPS Commerce in a research note on Tuesday, June 3rd. They issued an "overweight" rating and a $170.00 price objective for the company. Finally, Stifel Nicolaus lowered their target price on SPS Commerce from $175.00 to $165.00 and set a "buy" rating on the stock in a research note on Thursday, July 31st. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, SPS Commerce currently has a consensus rating of "Moderate Buy" and a consensus target price of $165.80.

SPS Commerce Trading Up 1.6%

SPS Commerce stock traded up $1.75 during trading hours on Friday, reaching $108.84. 277,155 shares of the stock were exchanged, compared to its average volume of 341,978. The company has a market cap of $4.13 billion, a P/E ratio of 49.90 and a beta of 0.71. SPS Commerce has a twelve month low of $102.05 and a twelve month high of $204.20. The stock has a 50 day moving average of $136.65 and a two-hundred day moving average of $142.46.

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, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $185.88 million. During the same period in the previous year, the company earned $0.80 earnings per share. The company's quarterly revenue was up 22.0% on a year-over-year basis.

Institutional Trading of SPS Commerce

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hardy Reed LLC boosted its position in SPS Commerce by 2.8% in the second quarter. Hardy Reed LLC now owns 2,746 shares of the software maker's stock valued at $374,000 after buying an additional 75 shares in the last quarter. Journey Strategic Wealth LLC raised its stake in SPS Commerce by 4.3% during the first quarter. Journey Strategic Wealth LLC now owns 1,919 shares of the software maker's stock worth $255,000 after buying an additional 79 shares during the last quarter. UMB Bank n.a. raised its stake in SPS Commerce by 60.6% during the second quarter. UMB Bank n.a. now owns 212 shares of the software maker's stock worth $29,000 after buying an additional 80 shares during the last quarter. Alliance Wealth Advisors LLC UT raised its stake in SPS Commerce by 1.0% during the first quarter. Alliance Wealth Advisors LLC UT now owns 9,269 shares of the software maker's stock worth $1,230,000 after buying an additional 90 shares during the last quarter. Finally, Hancock Whitney Corp raised its stake in SPS Commerce by 8.3% during the fourth quarter. Hancock Whitney Corp now owns 1,193 shares of the software maker's stock worth $220,000 after buying an additional 91 shares during the last quarter. Hedge funds and other institutional investors 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.