SPS Commerce (SPSC) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SPSC shares.
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4 analysts have issued twelve-month price objectives for SPS Commerce's shares. Their SPSC share price forecasts range from $150.00 to $165.00. On average, they expect the company's share price to reach $157.50 in the next year. This suggests that the stock has a possible downside of 8.5%.
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SPS Commerce's stock was trading at $128.43 on January 1st, 2023. Since then, SPSC shares have increased by 34.0% and is now trading at $172.09.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our SPSC earnings forecast.

SPS Commerce, Inc. (NASDAQ:SPSC) posted its earnings results on Thursday, October, 28th. The software maker reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.05. The software maker earned $97.90 million during the quarter, compared to analyst estimates of $97.41 million. SPS Commerce had a trailing twelve-month return on equity of 12.78% and a net margin of 12.26%. The firm's revenue for the quarter was up 23.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

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

SPS Commerce shares split on the morning of Thursday, August 22nd 2019. The 2-1 split was announced on Thursday, July 25th 2019. The newly created shares were distributed 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 updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $0.62-$0.63 for the period, compared to the consensus EPS estimate of $0.64. The company issued revenue guidance of $128.00 million-$128.80 million, compared to the consensus revenue estimate of $128.54 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. (15.59%), Conestoga Capital Advisors LLC (4.34%), State Street Corp (3.41%), Kayne Anderson Rudnick Investment Management LLC (2.75%), Riverbridge Partners LLC (2.51%) and Fred Alger Management LLC (2.48%). 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 $172.09.

SPS Commerce (NASDAQ:SPSC) has a market capitalization of $6.29 billion and generates $450.88 million in revenue each year. The software maker earns $55.13 million in net income (profit) each year or $1.56 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.