SPS Commerce (SPSC) Stock Price, News & Analysis

Company Overview

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. These services are designed to automate processes such as purchase orders, order acknowledgments, invoices, advance shipping notices and returns while helping businesses meet the requirements of major retail and e-commerce partners.

Founded in 2001 and headquartered in Minneapolis, Minnesota, SPS Commerce serves customers across North America and other international markets. The company went public on the Nasdaq exchange in 2010. SPS Commerce has been led by Chief Executive Officer Chad Collins, who joined the company in 2013 and became CEO in 2021.

Key Stats

• Today's Range: $82.51 to $85.36
• 50-Day Range: $71.97 to $85.40
• 52-Week Range: $49.04 to $114.87
• Volume: 428,596 shs
• Average Volume: 488,908 shs
• Market Capitalization: $3.07 billion
• P/E Ratio: 25.08
• Dividend Yield: N/A
• Price Target: $78.60
• Consensus Rating: Hold

SPS Commerce Stock Analysis - MarketRank™

SPS Commerce scored higher than 56% of companies evaluated by MarketBeat, and ranked 388th out of 590 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

SPS Commerce has received a consensus rating of Hold. The company's average rating score is 2.27, and is based on 1 strong buy rating, 2 buy ratings, 7 hold ratings, and 1 sell rating.

Downside Risk

SPS Commerce has a consensus price target of $78.60, representing about 7.8% downside from its current price of $85.27.

Amount of Analyst Coverage

SPS Commerce has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 10.39%

Earnings Growth

Earnings for SPS Commerce are expected to grow by 10.39% in the coming year, from $3.56 to $3.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of SPS Commerce is 25.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of SPS Commerce is 25.08, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 62.10.

Price to Book Value per Share Ratio

SPS Commerce has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.92% of the float of SPS Commerce has been sold short.

Short Interest Ratio / Days to Cover

SPS Commerce has a short interest ratio ("days to cover") of 6.11.

Change versus previous month

Short interest in SPS Commerce has recently decreased by 12.63%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SPS Commerce does not currently pay a dividend.

Dividend Growth

SPS Commerce does not have a long track record of dividend growth.

News and Social Media

• Score: 4.1 / 5
• News Sentiment: 1.56

News Sentiment

SPS Commerce has a news sentiment score of 1.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for SPS Commerce this week, compared to 3 articles on an average week.

Search Interest

2 people have searched for SPSC on MarketBeat in the last 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SPS Commerce insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.58% of the stock of SPS Commerce is held by insiders.

Percentage Held by Institutions

98.96% of the stock of SPS Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Today: 10/14/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:SPSC
• CIK: 1092699
• Web: www.spscommerce.com
• Phone: (612) 435-9400
• Fax: 612-435-9401
• Employees: 2,948
• Year Founded: 1987

Price Target and Rating

• Average Price Target for SPS Commerce: $78.60
• High Price Target: $109.00
• Low Price Target: $59.00
• Potential Upside/Downside: -7.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.27
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.07
• Trailing P/E Ratio: 25.08
• Forward P/E Ratio: 23.95
• P/E Growth: N/A
• Net Income: $93.34 million
• Net Margins: 10.10%
• Pretax Margin: 13.57%
• Return on Equity: 13.04%
• Return on Assets: 10.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.26
• Quick Ratio: 2.26

Sales & Book Value

• Annual Sales: $751.51 million
• Price / Sales: 4.08
• Cash Flow: $4.85 per share
• Price / Cash Flow: 17.57
• Book Value: $25.83 per share
• Price / Book: 3.30

Miscellaneous

• Outstanding Shares: 36,000,000
• Free Float: 35,791,000
• Market Cap: $3.07 billion
• Optionable: Optionable
• Beta: 0.62