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SPS Commerce (SPSC) Competitors

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$82.68 +5.45 (+7.06%)
Closing price 09/11/2026 04:00 PM Eastern
Extended Trading
$82.50 -0.18 (-0.21%)
As of 09/11/2026 07:38 PM Eastern
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SPSC vs. DOCU, AUR, SAIL, BSY, and PAYC

Should you buy SPS Commerce stock or one of its competitors? SPS Commerce's main competitors and comparable companies include Docusign (DOCU), Aurora Innovation (AUR), SailPoint (SAIL), Bentley Systems (BSY), and Paycom Software (PAYC). 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 Docusign?

Docusign (NASDAQ:DOCU) 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 valuation, risk, profitability, institutional ownership, analyst recommendations, dividends, media sentiment and earnings.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Docusign$3.36B3.65$309.08M$1.6440.03
SPS Commerce$772.49M3.85$93.34M$2.0739.94

Docusign presently has a consensus price target of $67.33, suggesting a potential upside of 2.56%. SPS Commerce has a consensus price target of $77.10, suggesting a potential downside of 6.75%. Given Docusign's higher probable upside, research analysts plainly believe Docusign is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Docusign
1 Sell rating(s)
14 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.11
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18

SPS Commerce has a net margin of 10.10% compared to Docusign's net margin of 9.82%. Docusign's return on equity of 18.29% beat SPS Commerce's return on equity.

Company Net Margins Return on Equity Return on Assets
Docusign9.82% 18.29% 8.42%
SPS Commerce 10.10%13.04%10.83%

In the previous week, Docusign had 28 more articles in the media than SPS Commerce. MarketBeat recorded 35 mentions for Docusign and 7 mentions for SPS Commerce. Docusign's average media sentiment score of 0.94 beat SPS Commerce's score of 0.86 indicating that Docusign is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Docusign
22 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SPS Commerce
1 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

77.6% of Docusign shares are owned by institutional investors. Comparatively, 99.0% of SPS Commerce shares are owned by institutional investors. 0.6% of Docusign shares are owned by insiders. Comparatively, 0.6% of SPS Commerce shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Docusign has a beta of 0.9, indicating that its stock price is 10% less volatile than the broader market. Comparatively, SPS Commerce has a beta of 0.51, indicating that its stock price is 49% less volatile than the broader market.

Summary

Docusign beats SPS Commerce on 10 of the 17 factors compared between the two stocks.

How does SPS Commerce compare to Aurora Innovation?

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

In the previous week, SPS Commerce had 2 more articles in the media than Aurora Innovation. MarketBeat recorded 7 mentions for SPS Commerce and 5 mentions for Aurora Innovation. Aurora Innovation's average media sentiment score of 1.04 beat SPS Commerce's score of 0.86 indicating that Aurora Innovation is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Aurora Innovation
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SPS Commerce
1 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

SPS Commerce has a net margin of 10.10% compared to Aurora Innovation's net margin of -18,000.00%. SPS Commerce's return on equity of 13.04% beat Aurora Innovation's return on equity.

Company Net Margins Return on Equity Return on Assets
Aurora Innovation-18,000.00% -43.94% -39.85%
SPS Commerce 10.10%13.04%10.83%

Aurora Innovation currently has a consensus price target of $12.67, suggesting a potential upside of 96.99%. SPS Commerce has a consensus price target of $77.10, suggesting a potential downside of 6.75%. Given Aurora Innovation's stronger consensus rating and higher possible upside, analysts clearly believe Aurora Innovation is more favorable than SPS Commerce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Aurora Innovation
2 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.45
SPS Commerce
2 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.18

44.7% of Aurora Innovation shares are owned by institutional investors. Comparatively, 99.0% of SPS Commerce shares are owned by institutional investors. 8.5% of Aurora Innovation shares are owned by insiders. Comparatively, 0.6% of SPS Commerce shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

SPS Commerce has higher revenue and earnings than Aurora Innovation. Aurora Innovation 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
Aurora Innovation$5M2,577.34-$816M-$0.47N/A
SPS Commerce$772.49M3.85$93.34M$2.0739.94

Aurora Innovation has a beta of 2.63, indicating that its share price is 163% more volatile than the broader market. Comparatively, SPS Commerce has a beta of 0.51, indicating that its share price is 49% less volatile than the broader market.

Summary

SPS Commerce beats Aurora Innovation on 10 of the 17 factors compared between the two stocks.

How does SPS Commerce compare to SailPoint?

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

SPS Commerce has a beta of 0.51, suggesting that its share price is 49% less volatile than the broader market. Comparatively, SailPoint has a beta of 2.17, suggesting that its share price is 117% more volatile than the broader market.

SPS Commerce has higher revenue and earnings than SailPoint. SailPoint 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$772.49M3.85$93.34M$2.0739.94
SailPoint$495.41M19.74-$270.05M-$0.34N/A

In the previous week, SailPoint had 36 more articles in the media than SPS Commerce. MarketBeat recorded 43 mentions for SailPoint and 7 mentions for SPS Commerce. SPS Commerce's average media sentiment score of 0.86 beat SailPoint's score of 0.60 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)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
SailPoint
13 Very Positive mention(s)
6 Positive mention(s)
13 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

SPS Commerce currently has a consensus target price of $77.10, indicating a potential downside of 6.75%. SailPoint has a consensus target price of $21.12, indicating a potential upside of 22.49%. Given SailPoint's stronger consensus rating and higher possible upside, analysts plainly believe SailPoint 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
SailPoint
1 Sell rating(s)
5 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.72

99.0% of SPS Commerce shares are owned by institutional investors. 0.6% of SPS Commerce shares are owned by insiders. Comparatively, 1.7% of SailPoint shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

SPS Commerce has a net margin of 10.10% compared to SailPoint's net margin of -16.92%. SPS Commerce's return on equity of 13.04% beat SailPoint's return on equity.

Company Net Margins Return on Equity Return on Assets
SPS Commerce10.10% 13.04% 10.83%
SailPoint -16.92%2.44%2.21%

Summary

SPS Commerce beats SailPoint on 10 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 mid-cap technology companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, profitability, earnings, analyst recommendations, media sentiment, institutional ownership, dividends and valuation.

SPS Commerce currently has a consensus price target of $77.10, suggesting a potential downside of 6.75%. Bentley Systems has a consensus price target of $45.00, suggesting a potential upside of 45.30%. 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
0 Sell rating(s)
5 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.64

In the previous week, Bentley Systems had 1 more articles in the media than SPS Commerce. MarketBeat recorded 8 mentions for Bentley Systems and 7 mentions for SPS Commerce. Bentley Systems' average media sentiment score of 1.05 beat SPS Commerce's score of 0.86 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)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bentley Systems
4 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

SPS Commerce has a beta of 0.51, meaning that its share price is 49% less volatile than the broader market. Comparatively, Bentley Systems has a beta of 0.98, meaning that its share price is 2% less volatile than the broader market.

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%

Bentley Systems has higher revenue and earnings than SPS Commerce. Bentley Systems 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$772.49M3.85$93.34M$2.0739.94
Bentley Systems$1.60B5.62$277.86M$0.9134.03

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 company insiders. Comparatively, 20.3% of Bentley Systems shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Bentley Systems beats SPS Commerce on 12 of the 17 factors compared between the two stocks.

How does SPS Commerce compare to Paycom Software?

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

SPS Commerce presently has a consensus target price of $77.10, suggesting a potential downside of 6.75%. Paycom Software has a consensus target price of $214.23, suggesting a potential downside of 2.17%. Given Paycom Software's stronger consensus rating and higher possible upside, analysts clearly believe Paycom Software 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
Paycom Software
0 Sell rating(s)
9 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.47

99.0% of SPS Commerce shares are held by institutional investors. Comparatively, 87.8% of Paycom Software shares are held by institutional investors. 0.6% of SPS Commerce shares are held by insiders. Comparatively, 13.2% of Paycom Software shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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
SPS Commerce10.10% 13.04% 10.83%
Paycom Software 22.78%37.06%8.17%

SPS Commerce has a beta of 0.51, suggesting that its share price is 49% less volatile than the broader market. Comparatively, Paycom Software has a beta of 0.78, suggesting that its share price is 22% 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
SPS Commerce$772.49M3.85$93.34M$2.0739.94
Paycom Software$2.05B4.81$453.40M$9.4123.27

In the previous week, Paycom Software had 4 more articles in the media than SPS Commerce. MarketBeat recorded 11 mentions for Paycom Software and 7 mentions for SPS Commerce. Paycom Software's average media sentiment score of 0.91 beat SPS Commerce's score of 0.86 indicating that Paycom Software 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)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Paycom Software
7 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Paycom Software beats SPS Commerce on 13 of the 16 factors compared between the two stocks.

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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.
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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.
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SPSC vs. The Competition

MetricSPS CommerceSoftware IndustryTechnology SectorNASDAQ Exchange
Market Cap$2.78B$15.43B$29.67B$12.73B
Dividend YieldN/A3.43%2.75%11.15%
P/E Ratio39.94138.4276.3425.29
Price / Sales3.851,286.78588.6999.10
Price / Cash16.1945.1247.5051.44
Price / Book3.208.347.706.20
Net Income$93.34M$434.47M$703.71M$358.50M
7 Day Performance-0.39%-1.94%-1.07%-2.35%
1 Month Performance8.21%-0.99%-3.64%-2.77%
1 Year Performance-21.65%-0.11%180.37%7.64%

SPS Commerce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPSC
SPS Commerce
1.5642 of 5 stars
$82.68
+7.1%
$77.10
-6.7%
-26.4%$2.78B$772.49M39.942,948
DOCU
Docusign
2.9123 of 5 stars
$66.27
+3.5%
$60.27
-9.1%
-18.2%$12.22B$3.22B43.037,044
AUR
Aurora Innovation
2.8399 of 5 stars
$5.63
-3.4%
$12.22
+117.1%
+15.4%$11.68B$3MN/A1,900
SAIL
SailPoint
3.6773 of 5 stars
$20.56
+3.7%
$20.26
-1.5%
-17.3%$11.25B$1.07BN/A3,229
BSY
Bentley Systems
4.673 of 5 stars
$36.75
-1.5%
$45.00
+22.4%
-42.1%$10.84B$1.50B40.387,900

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This page (NASDAQ:SPSC) was last updated on 9/12/2026 by MarketBeat.com Staff.
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