Want to see SPSC full AI Analyst Report?
SPSC Stock Chart & Stats
$57.62
-$0.29(-0.16%)
At close: 4:00 PM EST
$57.62
-$0.29(-0.16%)
Day’s Range― - ―
52-Week Range$49.04 - $143.55
Previous CloseN/A
Volume23.88K
Average Volume (3M)716.39K
Market Cap
$2.41B
Enterprise Value$1.94K
Total Cash (Recent Filing)$154.27M
Total Debt (Recent Filing)$6.62M
Price to Earnings (P/E)27.2
Beta0.95
Next Earnings
Jul 30, 2026EPS Estimate
1.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.41
Shares Outstanding36,712,704
10 Day Avg. Volume450,399
30 Day Avg. Volume716,388
Financial Highlights & Ratios
PEG Ratio1.92
Price to Book (P/B)3.47
Price to Sales (P/S)4.49
P/FCF Ratio22.17
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$69.88Price Target Upside21.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
EPS Forecast (FY)4.74
Revenue Forecast (FY)$797.49M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low leverage gives SPS durable financial flexibility to fund product investments, weather Amazon-related headwinds, and sustain buybacks or opportunistic M&A without pressuring cash flow. Stable returns (~9–10% ROE) reflect profitability without reliance on debt.
Strong Cash Generation & BuybacksRobust operating and free cash flow conversion provides recurring capital for R&D, AI rollouts, and shareholder returns. Consistent FCF near net income levels underpins buybacks while preserving liquidity to support long-term product-led growth and margin initiatives.
Recurring SaaS Network Effects And ARPUA large multi-tenant network creates durable customer stickiness and expansion routes: adding trading partners or workflows raises ARPU and retention. This subscription base and cross-sell into fulfillment/revenue recovery support predictable, scalable revenue over the medium term.
Bears Say
Material Amazon HeadwindsPolicy shifts at a major customer disrupt SPS's revenue-recovery stream and depress near-term reported growth. Because Amazon represented a meaningful recoverable flow, prolonged weakness can mask underlying organic growth and delay margin recovery until volume normalizes.
3P Customer Churn Risk From New FeeIntroducing a subscription fee for small 3P users risks permanent shrinkage of the connected network, eroding breadth that fuels cross-sell and ARPU expansion. Even if revenue impact is modest, lost trading partners reduce long-term network externalities and future monetization potential.
Margin Pressure And VolatilityA step-down in operating margins signals pressure from higher opex or investment cadence that limits operating leverage. Persistent margin volatility can constrain free cash flow growth and ROE expansion unless AI efficiency and cost initiatives reliably offset higher spend.
SPS Commerce News
SPSC FAQ
What was SPS Commerce’s price range in the past 12 months?
SPS Commerce lowest stock price was $49.04 and its highest was $143.55 in the past 12 months.
What is SPS Commerce’s market cap?
SPS Commerce’s market cap is $2.41B.
When is SPS Commerce’s upcoming earnings report date?
SPS Commerce’s upcoming earnings report date is Jul 30, 2026 which is in 11 days.
How were SPS Commerce’s earnings last quarter?
SPS Commerce released its earnings results on Apr 30, 2026. The company reported $1.1 earnings per share for the quarter, beating the consensus estimate of $1.022 by $0.078.
Is SPS Commerce overvalued?
According to Wall Street analysts SPS Commerce’s price is currently Undervalued.
Does SPS Commerce pay dividends?
SPS Commerce does not currently pay dividends.
What is SPS Commerce’s EPS estimate?
SPS Commerce’s EPS estimate is 1.09.
How many shares outstanding does SPS Commerce have?
SPS Commerce has 36,712,704 shares outstanding.
What happened to SPS Commerce’s price movement after its last earnings report?
SPS Commerce reported an EPS of $1.1 in its last earnings report, beating expectations of $1.022. Following the earnings report the stock price went up 4.989%.
Which hedge fund is a major shareholder of SPS Commerce?
Currently, no hedge funds are holding shares in SPSC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
SPS Commerce Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$69.88 (21.27% Upside)
$69.88 (21.27% Upside)
Blogger Sentiment
Bullish
SPSC Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 517.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.97%
12-Months-Change
Fundamentals
Return on Equity
9.45%
Trailing 12-Months
Asset Growth
4.70%
Trailing 12-Months
Company Description
SPS Commerce
SPS Commerce, Inc. delivers comprehensive, cloud-based solutions for supply chain management across the globe. The company's central offering is its "SPS Commerce" platform, an advanced system that enhances operations for retailers, suppliers, grocers, distributors, and logistics firms. This platform allows these businesses to streamline the management and fulfillment of omnichannel orders, boost sell-through efficiency, and automate the creation of new trading partnerships. Key components include the Fulfillment solution, which automates order processing and can either replace or augment a client's existing staff and electronic communication systems. It simplifies adherence to retailer-specific rules, facilitates seamless digital data exchange with numerous trading partners using various protocols, and provides greater transparency into an order's journey. Additionally, the Analytics solution features data analysis applications that empower clients with deeper insights throughout their supply chains. SPS Commerce also offers complementary products like an assortment tool for accurate order management and rapid fulfillment, and a community product designed to expedite vendor onboarding and ensure trading partner compliance with evolving supply chain demands. The company, initially incorporated in 1987 as St. Paul Software, Inc., adopted its current name, SPS Commerce, Inc., in May 2001. It is headquartered in Minneapolis, Minnesota.
SPSC Stock 12 Month Forecast
Average Price Target
$69.88
▲(21.27% Upside)
Technical Analysis
Ownership Overview
2.27% Insiders
31.87% Mutual Funds
0.37% Other Institutional Investors
35.60% Public Companies and
Individual Investors