SPS Commerce (NASDAQ:SPSC) Releases FY 2026 Earnings Guidance

SPS Commerce (NASDAQ:SPSC) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.840-4.930 for the period, compared to the consensus EPS estimate of 4.460. The company issued revenue guidance of $788.4 million-$793.4 million, compared to the consensus revenue estimate of $797.6 million. SPS Commerce also updated its Q3 2026 guidance to 1.200-1.230 EPS.

Analyst Ratings Changes

A number of brokerages have recently commented on SPSC. Cantor Fitzgerald set a $60.00 price target on shares of SPS Commerce and gave the stock a “neutral” rating in a research note on Friday, May 1st. Needham & Company LLC restated a “buy” rating on shares of SPS Commerce in a research report on Tuesday. Citigroup restated a “buy” rating and issued a $82.00 target price (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. Rothschild & Co Redburn set a $60.00 target price on shares of SPS Commerce and gave the stock a “neutral” rating in a research report on Thursday, April 16th. Finally, Morgan Stanley lowered shares of SPS Commerce from an “overweight” rating to an “underweight” rating and decreased their target price for the company from $70.00 to $57.00 in a research note on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $75.82.

SPS Commerce Trading Down 5.1%

NASDAQ SPSC traded down $3.57 on Thursday, hitting $65.83. 531,203 shares of the company traded hands, compared to its average volume of 489,606. The business’s 50 day moving average price is $58.53 and its 200-day moving average price is $62.27. SPS Commerce has a 52-week low of $49.04 and a 52-week high of $124.08. The company has a market capitalization of $2.42 billion, a price-to-earnings ratio of 27.43 and a beta of 0.56.

SPS Commerce (NASDAQ:SPSC) last released its earnings results on Thursday, July 30th. The software maker reported $1.27 EPS for the quarter, topping analysts’ consensus estimates of $1.08 by $0.19. SPS Commerce had a net margin of 11.92% and a return on equity of 12.43%. The company had revenue of $197.81 million for the quarter, compared to analysts’ expectations of $195.46 million. During the same quarter last year, the business earned $1.00 EPS. The firm’s revenue was up 5.6% compared to the same quarter last year. SPS Commerce has set its Q3 2026 guidance at 1.200-1.230 EPS and its FY 2026 guidance at 4.840-4.930 EPS. As a group, sell-side analysts predict that SPS Commerce will post 3.42 earnings per share for the current year.

Institutional Trading of SPS Commerce

A number of large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in SPS Commerce by 545.7% in the first quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock worth $30,000 after purchasing an additional 191 shares during the last quarter. Advisory Services Network LLC purchased a new stake in SPS Commerce during the third quarter valued at $32,000. Advisors Asset Management Inc. lifted its position in SPS Commerce by 39.9% during the first quarter. Advisors Asset Management Inc. now owns 393 shares of the software maker’s stock valued at $52,000 after purchasing an additional 112 shares during the last quarter. Global Retirement Partners LLC lifted its position in SPS Commerce by 2,130.0% during the fourth quarter. Global Retirement Partners LLC now owns 446 shares of the software maker’s stock valued at $40,000 after purchasing an additional 426 shares during the last quarter. Finally, Summit Securities Group LLC purchased a new position in shares of SPS Commerce in the 4th quarter worth $45,000. Institutional investors own 98.96% of the company’s stock.

SPS Commerce Company Profile

SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.

The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.