Recent Analysts’ Ratings Updates for SPS Commerce (SPSC)

SPS Commerce (NASDAQ: SPSC) has recently received a number of price target changes and ratings updates:

• 10/20/2026 – SPS Commerce had its “buy” rating reaffirmed by Citigroup. They now have a $99.00 price target on the stock, up from $82.00.
• 10/17/2026 – SPS Commerce was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/14/2026 – SPS Commerce had its price target raised by Stifel Nicolaus from $70.00 to $85.00. They now have a “hold” rating on the stock.
• 10/2/2026 – SPS Commerce was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.

SPS Commerce, Inc provides cloud-based supply chain management software for retailers, suppliers, distributors and logistics providers. Its platform helps businesses manage and automate transactions and workflows across complex retail and e-commerce networks.

The company’s solutions include electronic data interchange (EDI), order management, inventory visibility, fulfillment, invoice and payment processing, product information management, and supply chain analytics. These tools are designed to connect trading partners, reduce manual data entry, improve order accuracy and support more efficient movement of products from suppliers to consumers.

Founded in 2001 and headquartered in Minneapolis, Minnesota, SPS Commerce serves businesses across retail and wholesale ecosystems in North America and other international markets.