SPS Commerce (SPSC) Stock Price, News & Analysis

Company Overview

SPS Commerce, Inc. provides cloud-based supply chain management solutions that help retailers, suppliers, distributors and other trading partners manage commerce operations. Its platform is designed to connect businesses and automate the exchange of critical information across supply chain and retail processes.

The company’s products and services support functions including electronic data interchange, order management, inventory and product information management, fulfillment, invoicing, analytics and supplier onboarding. SPS Commerce also provides integrations with retailers, marketplaces, distributors, logistics providers and enterprise software systems.

Founded in 2001, SPS Commerce serves businesses across North America, Europe and other international markets through its cloud-based platform and global trading-partner network. The company is headquartered in Minneapolis, Minnesota, and is led by Chief Executive Officer Chad Collins.

Key Stats

• Today's Range: $79.00 to $83.41
• 50-Day Range: $58.98 to $85.40
• 52-Week Range: $49.04 to $114.87
• Volume: 403,288 shs
• Average Volume: 511,725 shs
• Market Capitalization: $2.93 billion
• P/E Ratio: 39.36
• Dividend Yield: N/A
• Price Target: $77.10
• Consensus Rating: Hold

SPS Commerce Stock Analysis - MarketRank™

SPS Commerce scored higher than 32% of companies evaluated by MarketBeat, and ranked 440th out of 594 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 2.18, and is based on 1 strong buy rating, 2 buy ratings, 6 hold ratings, and 2 sell ratings.

Downside Risk

SPS Commerce has a consensus price target of $77.10, representing about 5.4% downside from its current price of $81.48.

Amount of Analyst Coverage

SPS Commerce has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 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 39.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.12.

Price to Earnings Ratio vs. Sector

The P/E ratio of SPS Commerce is 39.36, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 78.69.

Price to Book Value per Share Ratio

SPS Commerce has a P/B Ratio of 3.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.29% 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 8.21.

Change versus previous month

Short interest in SPS Commerce has recently increased by 5.47%, indicating that investor sentiment is decreasing 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: 2.5 / 5
• News Sentiment: N/A

News Sentiment

SPS Commerce has a news sentiment score of 0.94. 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 0.54 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for SPS Commerce this week, compared to 4 articles on an average week.

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: 9/23/2026
• 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: $77.10
• High Price Target: $109.00
• Low Price Target: $59.00
• Potential Upside/Downside: -5.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.18
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.07
• Trailing P/E Ratio: 39.36
• Forward P/E Ratio: 22.89
• 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: 3.90
• Cash Flow: $4.76 per share
• Price / Cash Flow: 17.12
• Book Value: $25.83 per share
• Price / Book: 3.15

Miscellaneous

• Outstanding Shares: 36,000,000
• Free Float: 35,791,000
• Market Cap: $2.93 billion
• Optionable: Optionable
• Beta: 0.51