Go Pro

SPS Commerce (SPSC) Competitors

SPS Commerce logo
$81.09 +1.66 (+2.09%)
As of 08/21/2026 04:00 PM Eastern

SPSC vs. HUBS, BSY, PAYC, IDCC, and PCOR

Should you buy SPS Commerce stock or one of its competitors? SPS Commerce's main competitors and comparable companies include HubSpot (HUBS), Bentley Systems (BSY), Paycom Software (PAYC), InterDigital (IDCC), and Procore Technologies (PCOR). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "application software" industry.

How does SPS Commerce compare to HubSpot?

SPS Commerce (NASDAQ:SPSC) and HubSpot (NYSE:HUBS) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, analyst recommendations, risk, valuation, institutional ownership, media sentiment, profitability and dividends.

99.0% of SPS Commerce shares are held by institutional investors. Comparatively, 90.4% of HubSpot shares are held by institutional investors. 0.6% of SPS Commerce shares are held by company insiders. Comparatively, 3.7% of HubSpot shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

SPS Commerce has a net margin of 10.10% compared to HubSpot's net margin of 4.26%. SPS Commerce's return on equity of 13.04% beat HubSpot's return on equity.

Company Net Margins Return on Equity Return on Assets
SPS Commerce10.10% 13.04% 10.83%
HubSpot 4.26%8.66%4.47%

SPS Commerce currently has a consensus price target of $77.10, suggesting a potential downside of 4.92%. HubSpot has a consensus price target of $268.90, suggesting a potential upside of 11.92%. Given HubSpot's stronger consensus rating and higher possible upside, analysts clearly believe HubSpot is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18
HubSpot
2 Sell rating(s)
16 Hold rating(s)
15 Buy rating(s)
0 Strong Buy rating(s)
2.39

SPS Commerce has a beta of 0.53, meaning that its share price is 47% less volatile than the broader market. Comparatively, HubSpot has a beta of 1.19, meaning that its share price is 19% more volatile than the broader market.

In the previous week, HubSpot had 13 more articles in the media than SPS Commerce. MarketBeat recorded 15 mentions for HubSpot and 2 mentions for SPS Commerce. SPS Commerce's average media sentiment score of 1.39 beat HubSpot's score of 0.97 indicating that SPS Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SPS Commerce
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
HubSpot
10 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

SPS Commerce has higher earnings, but lower revenue than HubSpot. SPS Commerce is trading at a lower price-to-earnings ratio than HubSpot, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SPS Commerce$751.51M3.88$93.34M$2.0739.17
HubSpot$3.13B3.83$45.91M$2.8384.90

Summary

HubSpot beats SPS Commerce on 9 of the 17 factors compared between the two stocks.

How does SPS Commerce compare to Bentley Systems?

SPS Commerce (NASDAQ:SPSC) and Bentley Systems (NASDAQ:BSY) are both technology companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, media sentiment, risk and dividends.

SPS Commerce currently has a consensus price target of $77.10, suggesting a potential downside of 4.92%. Bentley Systems has a consensus price target of $45.00, suggesting a potential upside of 21.36%. Given Bentley Systems' stronger consensus rating and higher possible upside, analysts clearly believe Bentley Systems is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18
Bentley Systems
1 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.57

Bentley Systems has higher revenue and earnings than SPS Commerce. SPS Commerce is trading at a lower price-to-earnings ratio than Bentley Systems, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SPS Commerce$751.51M3.88$93.34M$2.0739.17
Bentley Systems$1.50B7.17$277.86M$0.9140.75

99.0% of SPS Commerce shares are owned by institutional investors. Comparatively, 44.2% of Bentley Systems shares are owned by institutional investors. 0.6% of SPS Commerce shares are owned by insiders. Comparatively, 20.3% of Bentley Systems shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Bentley Systems has a net margin of 18.10% compared to SPS Commerce's net margin of 10.10%. Bentley Systems' return on equity of 28.43% beat SPS Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
SPS Commerce10.10% 13.04% 10.83%
Bentley Systems 18.10%28.43%9.69%

SPS Commerce has a beta of 0.53, indicating that its share price is 47% less volatile than the broader market. Comparatively, Bentley Systems has a beta of 0.98, indicating that its share price is 2% less volatile than the broader market.

In the previous week, Bentley Systems had 2 more articles in the media than SPS Commerce. MarketBeat recorded 4 mentions for Bentley Systems and 2 mentions for SPS Commerce. Bentley Systems' average media sentiment score of 1.55 beat SPS Commerce's score of 1.39 indicating that Bentley Systems is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SPS Commerce
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bentley Systems
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Bentley Systems beats SPS Commerce on 13 of the 17 factors compared between the two stocks.

How does SPS Commerce compare to Paycom Software?

Paycom Software (NYSE:PAYC) and SPS Commerce (NASDAQ:SPSC) are both technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, institutional ownership, analyst recommendations and media sentiment.

87.8% of Paycom Software shares are owned by institutional investors. Comparatively, 99.0% of SPS Commerce shares are owned by institutional investors. 13.2% of Paycom Software shares are owned by insiders. Comparatively, 0.6% of SPS Commerce shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Paycom Software has a net margin of 22.78% compared to SPS Commerce's net margin of 10.10%. Paycom Software's return on equity of 37.06% beat SPS Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
Paycom Software22.78% 37.06% 8.17%
SPS Commerce 10.10%13.04%10.83%

Paycom Software currently has a consensus target price of $204.69, suggesting a potential downside of 10.76%. SPS Commerce has a consensus target price of $77.10, suggesting a potential downside of 4.92%. Given SPS Commerce's higher probable upside, analysts clearly believe SPS Commerce is more favorable than Paycom Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paycom Software
0 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.47
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18

In the previous week, Paycom Software had 8 more articles in the media than SPS Commerce. MarketBeat recorded 10 mentions for Paycom Software and 2 mentions for SPS Commerce. SPS Commerce's average media sentiment score of 1.39 beat Paycom Software's score of 1.12 indicating that SPS Commerce is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paycom Software
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
SPS Commerce
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paycom Software has a beta of 0.76, suggesting that its stock price is 24% less volatile than the broader market. Comparatively, SPS Commerce has a beta of 0.53, suggesting that its stock price is 47% less volatile than the broader market.

Paycom Software has higher revenue and earnings than SPS Commerce. Paycom Software is trading at a lower price-to-earnings ratio than SPS Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paycom Software$2.05B5.04$453.40M$9.4124.38
SPS Commerce$751.51M3.88$93.34M$2.0739.17

Summary

Paycom Software beats SPS Commerce on 11 of the 16 factors compared between the two stocks.

How does SPS Commerce compare to InterDigital?

InterDigital (NASDAQ:IDCC) and SPS Commerce (NASDAQ:SPSC) are both mid-cap technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, media sentiment, valuation, earnings, analyst recommendations, institutional ownership and profitability.

InterDigital has higher revenue and earnings than SPS Commerce. SPS Commerce is trading at a lower price-to-earnings ratio than InterDigital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
InterDigital$834.02M10.60$406.64M$8.6739.49
SPS Commerce$751.51M3.88$93.34M$2.0739.17

In the previous week, InterDigital had 6 more articles in the media than SPS Commerce. MarketBeat recorded 8 mentions for InterDigital and 2 mentions for SPS Commerce. SPS Commerce's average media sentiment score of 1.39 beat InterDigital's score of 0.93 indicating that SPS Commerce is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
InterDigital
5 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SPS Commerce
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

99.8% of InterDigital shares are held by institutional investors. Comparatively, 99.0% of SPS Commerce shares are held by institutional investors. 3.5% of InterDigital shares are held by company insiders. Comparatively, 0.6% of SPS Commerce shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

InterDigital presently has a consensus price target of $416.67, suggesting a potential upside of 21.68%. SPS Commerce has a consensus price target of $77.10, suggesting a potential downside of 4.92%. Given InterDigital's stronger consensus rating and higher probable upside, equities research analysts clearly believe InterDigital is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
InterDigital
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18

InterDigital has a beta of 1.43, meaning that its share price is 43% more volatile than the broader market. Comparatively, SPS Commerce has a beta of 0.53, meaning that its share price is 47% less volatile than the broader market.

InterDigital has a net margin of 38.32% compared to SPS Commerce's net margin of 10.10%. InterDigital's return on equity of 28.17% beat SPS Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
InterDigital38.32% 28.17% 15.00%
SPS Commerce 10.10%13.04%10.83%

Summary

InterDigital beats SPS Commerce on 15 of the 16 factors compared between the two stocks.

How does SPS Commerce compare to Procore Technologies?

SPS Commerce (NASDAQ:SPSC) and Procore Technologies (NYSE:PCOR) are both mid-cap technology companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, dividends, risk, profitability, institutional ownership, valuation, analyst recommendations and media sentiment.

SPS Commerce presently has a consensus target price of $77.10, suggesting a potential downside of 4.92%. Procore Technologies has a consensus target price of $70.44, suggesting a potential upside of 11.28%. Given Procore Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Procore Technologies is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18
Procore Technologies
1 Sell rating(s)
2 Hold rating(s)
16 Buy rating(s)
1 Strong Buy rating(s)
2.85

SPS Commerce has a beta of 0.53, suggesting that its share price is 47% less volatile than the broader market. Comparatively, Procore Technologies has a beta of 0.7, suggesting that its share price is 30% less volatile than the broader market.

99.0% of SPS Commerce shares are owned by institutional investors. Comparatively, 81.1% of Procore Technologies shares are owned by institutional investors. 0.6% of SPS Commerce shares are owned by company insiders. Comparatively, 16.8% of Procore Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

SPS Commerce has a net margin of 10.10% compared to Procore Technologies' net margin of -2.73%. SPS Commerce's return on equity of 13.04% beat Procore Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
SPS Commerce10.10% 13.04% 10.83%
Procore Technologies -2.73%0.71%0.41%

SPS Commerce has higher earnings, but lower revenue than Procore Technologies. Procore Technologies is trading at a lower price-to-earnings ratio than SPS Commerce, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SPS Commerce$751.51M3.88$93.34M$2.0739.17
Procore Technologies$1.32B7.27-$100.78M-$0.26N/A

In the previous week, Procore Technologies had 9 more articles in the media than SPS Commerce. MarketBeat recorded 11 mentions for Procore Technologies and 2 mentions for SPS Commerce. SPS Commerce's average media sentiment score of 1.39 beat Procore Technologies' score of 1.22 indicating that SPS Commerce is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SPS Commerce
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Procore Technologies
9 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

SPS Commerce and Procore Technologies tied by winning 8 of the 16 factors compared between the two stocks.

Get SPS Commerce News Delivered to You Automatically

Sign up to receive the latest news and ratings for SPSC and its competitors with MarketBeat's FREE daily newsletter.

Subscribe Now
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SPSC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

SPSC vs. The Competition

MetricSPS CommerceSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$2.92B$15.67B$29.55B$12.85B
Dividend YieldN/A3.42%2.75%11.08%
P/E Ratio39.17127.2673.3524.25
Price / Sales3.881,303.60598.88101.47
Price / Cash17.0048.1350.3553.99
Price / Book3.117.509.446.20
Net Income$93.34M$434.60M$679.74M$348.59M
7 Day Performance2.13%1.62%-1.29%0.08%
1 Month Performance37.49%7.50%4.03%3.88%
1 Year Performance-29.99%5.00%189.70%16.98%

SPS Commerce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPSC
SPS Commerce
2.3683 of 5 stars
$81.09
+2.1%
$77.10
-4.9%
-30.0%$2.92B$751.51M39.172,948
HUBS
HubSpot
4.0121 of 5 stars
$215.90
+2.6%
$268.90
+24.5%
-49.3%$10.49B$3.13B76.298,882
BSY
Bentley Systems
4.2392 of 5 stars
$35.31
+0.3%
$45.00
+27.4%
-32.2%$10.23B$1.50B38.807,900
PAYC
Paycom Software
3.7434 of 5 stars
$213.99
-0.4%
$204.69
-4.3%
-1.9%$9.69B$2.05B22.745,770
IDCC
InterDigital
4.4342 of 5 stars
$348.25
+1.1%
$416.67
+19.6%
+28.6%$8.89B$834.02M40.17420

Related Companies and Tools


This page (NASDAQ:SPSC) was last updated on 8/23/2026 by MarketBeat.com Staff.
From Our Partners