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 10.85% upside for SPS Commerce Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
07/26/2024 | Buy Now | 10.05% | Craig-Hallum | Jeff Van Sinderen | $210 → $230 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | 7.66% | Stifel | Tom Roderick | $200 → $225 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | 14.83% | DA Davidson | Gil Luria | $225 → $240 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | -11% | Baird | Joe Vruwink | $178 → $186 | Maintains | Neutral | Get Alert |
07/26/2024 | Buy Now | 10.05% | Needham | Scott Berg | $205 → $230 | Maintains | Buy | Get Alert |
05/14/2024 | Buy Now | 5.26% | Redburn Atlantic | Lachlan Brown | → $220 | Initiates | → Buy | Get Alert |
05/10/2024 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
05/10/2024 | Buy Now | 6.22% | Citigroup | George Kurosawa | $213 → $222 | Maintains | Buy | Get Alert |
04/26/2024 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
04/26/2024 | Buy Now | -14.83% | Baird | Joe Vruwink | $172 → $178 | Maintains | Neutral | Get Alert |
03/13/2024 | Buy Now | 3.35% | Citigroup | George Kurosawa | → $216 | Initiates | → Buy | Get Alert |
02/09/2024 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
01/18/2024 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
11/14/2023 | Buy Now | -4.31% | DA Davidson | Gil Luria | → $200 | Initiates | → Buy | Get Alert |
10/27/2023 | Buy Now | -15.31% | Northland Capital Markets | Nehal Chokshi | $175 → $177 | Upgrade | Market Perform → Outperform | Get Alert |
09/19/2023 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
07/28/2023 | Buy Now | -4.31% | Craig-Hallum | Jeff Van Sinderen | $165 → $200 | Maintains | Buy | Get Alert |
07/28/2023 | Buy Now | -16.27% | Northland Capital Markets | Nehal Chokshi | $151 → $175 | Maintains | Market Perform | Get Alert |
07/28/2023 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
07/27/2023 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
07/07/2023 | Buy Now | -4.31% | Stifel | Tom Roderick | $165 → $200 | Maintains | Buy | Get Alert |
07/07/2023 | Buy Now | -1.91% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
06/15/2023 | Buy Now | -1.91% | Needham | Scott Berg | $160 → $205 | Maintains | Buy | Get Alert |
04/27/2023 | Buy Now | -26.32% | Northland Capital Markets | Nehal Chokshi | $151 → $154 | Maintains | Market Perform | Get Alert |
04/27/2023 | Buy Now | -21.05% | Craig-Hallum | Jeff Van Sinderen | $160 → $165 | Maintains | Buy | Get Alert |
04/27/2023 | Buy Now | -21.05% | JMP Securities | Joe Goodwin | → $165 | Reiterates | → Market Outperform | Get Alert |
04/27/2023 | Buy Now | -23.44% | Needham | Scott Berg | → $160 | Reiterates | → Buy | Get Alert |
03/06/2023 | Buy Now | -23.44% | Needham | Scott Berg | → $160 | Reiterates | → Buy | Get Alert |
03/03/2023 | Buy Now | -23.44% | Needham | Scott Berg | → $160 | Reiterates | → Buy | Get Alert |
02/10/2023 | Buy Now | -27.75% | Northland Capital Markets | Nehal Chokshi | $148 → $151 | Maintains | Market Perform | Get Alert |
02/10/2023 | Buy Now | -21.05% | JMP Securities | Joe Goodwin | $150 → $165 | Maintains | Market Outperform | Get Alert |
02/10/2023 | Buy Now | -23.44% | Needham | Scott Berg | $150 → $160 | Maintains | Buy | Get Alert |
12/14/2022 | Buy Now | -27.75% | Baird | Joe Vruwink | → $151 | Downgrade | Outperform → Neutral | Get Alert |
07/21/2022 | Buy Now | -28.23% | Needham | Scott Berg | $200 → $150 | Maintains | Buy | Get Alert |
02/10/2022 | Buy Now | -23.44% | JMP Securities | Joe Goodwin | $180 → $160 | Maintains | Market Outperform | Get Alert |
10/29/2021 | Buy Now | -18.66% | Northland Capital Markets | Nehal Chokshi | — | Downgrade | Outperform → Market Perform | Get Alert |
10/29/2021 | Buy Now | -13.88% | JMP Securities | Joe Goodwin | — | Maintains | Market Outperform | Get Alert |
10/29/2021 | Buy Now | -4.31% | Needham | Scott Berg | — | Maintains | Buy | Get Alert |
09/21/2021 | Buy Now | -20.1% | Baird | Joe Vruwink | — | Maintains | Outperform | Get Alert |
07/30/2021 | Buy Now | -37.8% | JMP Securities | Joe Goodwin | — | Maintains | Market Outperform | Get Alert |
07/30/2021 | Buy Now | -37.8% | Baird | Joe Vruwink | — | Upgrade | Neutral → Outperform | Get Alert |
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 10.05% upside). 19 analyst firms have reported ratings in the last year.
The latest analyst rating for SPS Commerce (NASDAQ:SPSC) was provided by Craig-Hallum, and SPS Commerce maintained their buy 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 December 14, 2022 when Baird changed their price target from N/A to $151 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 July 26, 2024 so you should expect the next rating to be made available sometime around July 26, 2025.
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 $209.00, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.