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SPS Commerce Inc has a consensus price target of $216.09 based on the ratings of 11 analysts. The high is $250 issued by Stifel on October 25, 2024. The low is $165 issued by JMP Securities on April 27, 2023. The 3 most-recent analyst ratings were released by Piper Sandler, Baird, and Stifel on November 25, 2024, October 28, 2024, and October 25, 2024, respectively. With an average price target of $212 between Piper Sandler, Baird, and Stifel, there's an implied 12.57% upside for SPS Commerce Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for SPS Commerce (NASDAQ:SPSC) was reported by Piper Sandler on November 25, 2024. The analyst firm set a price target for $198.00 expecting SPSC to rise to within 12 months (a possible 5.14% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for SPS Commerce (NASDAQ:SPSC) was provided by Piper Sandler, and SPS Commerce initiated their neutral rating.
The last upgrade for SPS Commerce Inc happened on October 27, 2023 when Northland Capital Markets raised their price target to $177. Northland Capital Markets previously had a market perform for SPS Commerce Inc.
The last downgrade for SPS Commerce Inc happened on July 29, 2024 when Northland Capital Markets changed their price target from $205 to $209 for SPS Commerce Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SPS Commerce, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SPS Commerce was filed on November 25, 2024 so you should expect the next rating to be made available sometime around November 25, 2025.
While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a initiated with a price target of $0.00 to $198.00. The current price SPS Commerce (SPSC) is trading at is $188.32, which is within the analyst’s predicted range.
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