SPS Commerce, Inc. (NASDAQ:SPSC) Given Average Recommendation of “Hold” by Brokerages

Shares of SPS Commerce, Inc. (NASDAQ:SPSC) have been assigned an average rating of “Hold” from the eleven analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $77.10.

A number of analysts have issued reports on SPSC shares. Zacks Research upgraded shares of SPS Commerce from a “strong sell” rating to a “hold” rating in a research note on Monday, July 20th. Citigroup reaffirmed a “buy” rating and set a $82.00 price objective (up from $76.00) on shares of SPS Commerce in a report on Tuesday, July 21st. Morgan Stanley reaffirmed an “underweight” rating and issued a $59.00 price target (up from $57.00) on shares of SPS Commerce in a research report on Friday, July 31st. Stifel Nicolaus set a $70.00 price objective on shares of SPS Commerce and gave the stock a “hold” rating in a research note on Friday, July 31st. Finally, Wall Street Zen lowered SPS Commerce from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th.

SPS Commerce Stock Performance

SPS Commerce stock opened at $83.00 on Monday. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of 40.10 and a beta of 0.51. The company has a 50 day moving average price of $70.86 and a 200 day moving average price of $61.33. 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 for the quarter, beating 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 firm had revenue of $197.81 million for the quarter, compared to analyst estimates of $195.46 million. During the same period in the previous year, the firm earned $1.00 earnings per share. SPS Commerce’s quarterly 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. Equities analysts forecast that SPS Commerce will post 3.56 earnings per share for the current fiscal year.

Hedge Funds Weigh In On SPS Commerce

A number of hedge funds have recently made changes to their positions in the business. VELA Investment Management LLC boosted its position in shares of SPS Commerce by 1.6% during the 2nd quarter. VELA Investment Management LLC now owns 26,091 shares of the software maker’s stock valued at $1,492,000 after acquiring an additional 400 shares in the last quarter. Amundi raised its position in SPS Commerce by 30.2% in the second quarter. Amundi now owns 45,269 shares of the software maker’s stock worth $2,588,000 after purchasing an additional 10,508 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in SPS Commerce in the second quarter worth about $909,000. California State Teachers Retirement System lifted its stake in SPS Commerce by 6,817.1% during the second quarter. California State Teachers Retirement System now owns 3,059,910 shares of the software maker’s stock worth $174,935,000 after purchasing an additional 3,015,673 shares during the period. Finally, AXQ Capital LP bought a new position in SPS Commerce during the second quarter worth about $590,000. Institutional investors and hedge funds 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.