SPS Commerce (SPSC) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SPSC shares.
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5 Wall Street research analysts have issued twelve-month price targets for SPS Commerce's shares. Their SPSC share price forecasts range from $151.00 to $205.00. On average, they expect the company's share price to reach $182.67 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price.
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SPS Commerce's stock was trading at $128.43 on January 1st, 2023. Since then, SPSC shares have increased by 32.3% and is now trading at $169.97.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our SPSC earnings forecast.

SPS Commerce, Inc. (NASDAQ:SPSC) posted its quarterly earnings results on Thursday, July, 27th. The software maker reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.05. The software maker earned $130.42 million during the quarter, compared to the consensus estimate of $128.50 million. SPS Commerce had a trailing twelve-month return on equity of 12.55% and a net margin of 12.53%.

ETFs with the largest weight of SPS Commerce (NASDAQ:SPSC) stock in their portfolio include Invesco S&P SmallCap Information Technology ETF (PSCT), Alger Weatherbie Enduring Growth ETF (AWEG), Global X Cloud Computing ETF (CLOU), Invesco Dynamic Software ETF (PSJ), Invesco Dorsey Wright Technology Momentum ETF (PTF), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC), Vanguard S&P Small-Cap 600 Growth ETF (VIOG) and SPDR S&P 600 Small Cap Growth ETF (SLYG).

SPS Commerce's stock split on Thursday, August 22nd 2019. The 2-1 split was announced on Thursday, July 25th 2019. The newly minted shares were payable to shareholders after the closing bell on Wednesday, August 21st 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

SPS Commerce issued an update on its FY23 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of $2.69-$2.72 for the period, compared to the consensus earnings per share estimate of $2.71. The company issued revenue guidance of $528.5-$530.0 million, compared to the consensus revenue estimate of $528.23 million.

176 employees have rated SPS Commerce Chief Executive Officer Archie Black on Glassdoor.com. Archie Black has an approval rating of 92% among the company's employees. This puts Archie Black in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other SPS Commerce investors own include AbbVie (ABBV), Advanced Micro Devices (AMD), Verizon Communications (VZ), Adobe (ADBE), Alibaba Group (BABA), Splunk (SPLK), Twilio (TWLO), Exxon Mobil (XOM), Abbott Laboratories (ABT) and Bristol-Myers Squibb (BMY).

SPS Commerce trades on the NASDAQ under the ticker symbol "SPSC."

SPS Commerce's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.76%), Conestoga Capital Advisors LLC (4.31%), State Street Corp (3.50%), Kayne Anderson Rudnick Investment Management LLC (2.73%), Riverbridge Partners LLC (2.47%) and Congress Asset Management Co. MA (2.32%). Insiders that own company stock include Archie C Black, James Burr Ramsey, James J Frome, Kimberly K Nelson, Martin J Leestma, Philip Soran and Sven Wehrwein.
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Shares of SPSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SPSC stock can currently be purchased for approximately $169.97.

SPS Commerce (NASDAQ:SPSC) has a market capitalization of $6.23 billion and generates $450.88 million in revenue each year. The software maker earns $55.13 million in net income (profit) each year or $1.66 on an earnings per share basis.

The company employs 2,215 workers across the globe.

SPS Commerce's mailing address is 333 SOUTH SEVENTH STREET SUITE 1000, MINNEAPOLIS MN, 55402. The official website for the company is www.spscommerce.com. The software maker can be reached via phone at (612) 435-9400, via email at spsc@blueshirtgroup.com, or via fax at 612-435-9401.