Brokerages Set SPS Commerce, Inc. (NASDAQ:SPSC) Price Target at $77.10

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have received a consensus recommendation of “Hold” from the eleven research firms that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $77.10.

Several equities analysts have recently issued reports on SPSC shares. DA Davidson set a $65.00 target price on SPS Commerce in a research report on Friday, July 31st. Zacks Research upgraded shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings raised shares of SPS Commerce from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Wall Street Zen cut shares of SPS Commerce from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Stifel Nicolaus set a $70.00 target price on shares of SPS Commerce and gave the company a “hold” rating in a research note on Friday, July 31st.

Hedge Funds Weigh In On SPS Commerce

Several institutional investors and hedge funds have recently made changes to their positions in SPSC. Bessemer Group Inc. grew its stake in SPS Commerce by 1,149.1% in the fourth quarter. Bessemer Group Inc. now owns 98,208 shares of the software maker’s stock valued at $8,753,000 after acquiring an additional 90,346 shares during the period. VELA Investment Management LLC bought a new stake in shares of SPS Commerce in the fourth quarter worth about $1,798,000. Bank of America Corp DE raised its position in shares of SPS Commerce by 3.3% during the first quarter. Bank of America Corp DE now owns 998,622 shares of the software maker’s stock worth $55,593,000 after purchasing an additional 31,434 shares during the period. Summit Global Investments acquired a new stake in shares of SPS Commerce during the second quarter worth about $828,000. Finally, BlackRock Inc. bought a new position in shares of SPS Commerce during the 2nd quarter valued at about $339,259,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

SPS Commerce Stock Performance

Shares of SPS Commerce stock opened at $82.82 on Monday. The firm has a fifty day moving average of $69.81 and a two-hundred day moving average of $61.02. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 40.01 and a beta of 0.51. SPS Commerce has a 52 week low of $49.04 and a 52 week high of $114.87.

SPS Commerce (NASDAQ:SPSC) last posted its quarterly earnings results on Thursday, July 30th. The software maker reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.18. SPS Commerce had a return on equity of 13.04% and a net margin of 10.10%.The business had revenue of $197.81 million for the quarter, compared to analyst estimates of $195.46 million. During the same period last year, the company earned $1.00 EPS. The firm’s revenue was up 5.6% on a year-over-year basis. 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, research analysts forecast that SPS Commerce will post 3.56 EPS for the current fiscal year.

About SPS Commerce

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.