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SPS Commerce Inc has a consensus price target of $217.9 based on the ratings of 10 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 Baird, Stifel, and Needham on October 28, 2024, October 25, 2024, and October 25, 2024, respectively. With an average price target of $222.67 between Baird, Stifel, and Needham, there's an implied 21.42% 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 Baird on October 28, 2024. The analyst firm set a price target for $188.00 expecting SPSC to rise to within 12 months (a possible 2.52% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for SPS Commerce (NASDAQ:SPSC) was provided by Baird, and SPS Commerce maintained 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 October 28, 2024 so you should expect the next rating to be made available sometime around October 28, 2025.
While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a maintained with a price target of $186.00 to $188.00. The current price SPS Commerce (SPSC) is trading at is $183.38, which is out of the analyst’s predicted range.
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