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SPS Commerce

SPSCNASDAQ
$210.89
5.272.56%
Last update: 1:35 PM
15 minutes delayed
Q2 2024 Earnings were released on Thu Jul 25th, after the market close
The most recent conference call was at 16:30 PM, 1 day ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$240.00
Lowest Price Target1
$165.00
Consensus Price Target1
$210.56

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SPS Commerce (NASDAQ:SPSC) Stock, Analyst Ratings, Price Targets, Forecasts

SPS Commerce Inc has a consensus price target of $210.56 based on the ratings of 9 analysts. The high is $240 issued by DA Davidson on July 26, 2024. The low is $165 issued by JMP Securities on April 27, 2023. The 3 most-recent analyst ratings were released by Craig-Hallum, Stifel, and DA Davidson on July 26, 2024, respectively. With an average price target of $231.67 between Craig-Hallum, Stifel, and DA Davidson, there's an implied 12.67% upside for SPS Commerce Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
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Buy
Hold
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Analyst Rating and Forecast
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4.1
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Craig-Hallum
Stifel
DA Davidson
Baird
Needham

1calculated from analyst ratings

Analyst Ratings for SPS Commerce

Buy NowGet Alert
07/26/2024Buy Now11.86%Craig-Hallum
Jeff Van Sinderen
$210 → $230MaintainsBuyGet Alert
07/26/2024Buy Now9.43%Stifel
Tom Roderick
$200 → $225MaintainsBuyGet Alert
07/26/2024Buy Now16.72%DA Davidson
Gil Luria
$225 → $240MaintainsBuyGet Alert
07/26/2024Buy Now-9.54%Baird
Joe Vruwink
$178 → $186MaintainsNeutralGet Alert
07/26/2024Buy Now11.86%Needham
Scott Berg
$205 → $230MaintainsBuyGet Alert
05/14/2024Buy Now6.99%Redburn Atlantic
Lachlan Brown
→ $220Initiates → BuyGet Alert
05/10/2024Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
05/10/2024Buy Now7.97%Citigroup
George Kurosawa
$213 → $222MaintainsBuyGet Alert
04/26/2024Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
04/26/2024Buy Now-13.43%Baird
Joe Vruwink
$172 → $178MaintainsNeutralGet Alert
03/13/2024Buy Now5.05%Citigroup
George Kurosawa
→ $216Initiates → BuyGet Alert
02/09/2024Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
01/18/2024Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
11/14/2023Buy Now-2.73%DA Davidson
Gil Luria
→ $200Initiates → BuyGet Alert
10/27/2023Buy Now-13.92%Northland Capital Markets
Nehal Chokshi
$175 → $177UpgradeMarket Perform → OutperformGet Alert
09/19/2023Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
07/28/2023Buy Now-2.73%Craig-Hallum
Jeff Van Sinderen
$165 → $200MaintainsBuyGet Alert
07/28/2023Buy Now-14.89%Northland Capital Markets
Nehal Chokshi
$151 → $175MaintainsMarket PerformGet Alert
07/28/2023Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
07/27/2023Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
07/07/2023Buy Now-2.73%Stifel
Tom Roderick
$165 → $200MaintainsBuyGet Alert
07/07/2023Buy Now-0.3%Needham
Scott Berg
→ $205ReiteratesBuy → BuyGet Alert
06/15/2023Buy Now-0.3%Needham
Scott Berg
$160 → $205MaintainsBuyGet Alert
04/27/2023Buy Now-25.1%Northland Capital Markets
Nehal Chokshi
$151 → $154MaintainsMarket PerformGet Alert
04/27/2023Buy Now-19.75%Craig-Hallum
Jeff Van Sinderen
$160 → $165MaintainsBuyGet Alert
04/27/2023Buy Now-19.75%JMP Securities
Joe Goodwin
→ $165Reiterates → Market OutperformGet Alert
04/27/2023Buy Now-22.19%Needham
Scott Berg
→ $160Reiterates → BuyGet Alert
03/06/2023Buy Now-22.19%Needham
Scott Berg
→ $160Reiterates → BuyGet Alert
03/03/2023Buy Now-22.19%Needham
Scott Berg
→ $160Reiterates → BuyGet Alert
02/10/2023Buy Now-26.56%Northland Capital Markets
Nehal Chokshi
$148 → $151MaintainsMarket PerformGet Alert
02/10/2023Buy Now-19.75%JMP Securities
Joe Goodwin
$150 → $165MaintainsMarket OutperformGet Alert
02/10/2023Buy Now-22.19%Needham
Scott Berg
$150 → $160MaintainsBuyGet Alert
12/14/2022Buy Now-26.56%Baird
Joe Vruwink
→ $151DowngradeOutperform → NeutralGet Alert
07/21/2022Buy Now-27.05%Needham
Scott Berg
$200 → $150MaintainsBuyGet Alert
02/10/2022Buy Now-22.19%JMP Securities
Joe Goodwin
$180 → $160MaintainsMarket OutperformGet Alert
10/29/2021Buy Now-17.32%Northland Capital Markets
Nehal Chokshi
—DowngradeOutperform → Market PerformGet Alert
10/29/2021Buy Now-12.46%JMP Securities
Joe Goodwin
—MaintainsMarket OutperformGet Alert
10/29/2021Buy Now-2.73%Needham
Scott Berg
—MaintainsBuyGet Alert
09/21/2021Buy Now-18.78%Baird
Joe Vruwink
—MaintainsOutperformGet Alert
07/30/2021Buy Now-36.78%JMP Securities
Joe Goodwin
—MaintainsMarket OutperformGet Alert
07/30/2021Buy Now-36.78%Baird
Joe Vruwink
—UpgradeNeutral → OutperformGet Alert

FAQ

Q

What is the target price for SPS Commerce (SPSC) stock?

A

The latest price target for SPS Commerce (NASDAQ:SPSC) was reported by Craig-Hallum on July 26, 2024. The analyst firm set a price target for $230.00 expecting SPSC to rise to within 12 months (a possible 9.06% upside). 20 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for SPS Commerce (SPSC)?

A

The latest analyst rating for SPS Commerce (NASDAQ:SPSC) was provided by Craig-Hallum, and SPS Commerce maintained their buy rating.

Q

When was the last upgrade for SPS Commerce (SPSC)?

A

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.

Q

When was the last downgrade for SPS Commerce (SPSC)?

A

The last downgrade for SPS Commerce Inc happened on December 14, 2022 when Baird changed their price target from N/A to $151 for SPS Commerce Inc.

Q

When is the next analyst rating going to be posted or updated for SPS Commerce (SPSC)?

A

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 July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.

Q

Is the Analyst Rating SPS Commerce (SPSC) correct?

A

While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a maintained with a price target of $210.00 to $230.00. The current price SPS Commerce (SPSC) is trading at is $210.89, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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