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SPSC Stock Chart & Stats
$61.16
$2.90(4.74%)
At close: 4:00 PM EDT
$61.16
$2.90(4.74%)
Day’s Range― - ―
52-Week Range$49.04 - $117.37
Previous CloseN/A
Volume27.38K
Average Volume (3M)685.31K
Market Cap
$2.69B
Enterprise Value$1.92K
Total Cash (Recent Filing)$173.17M
Total Debt (Recent Filing)$6.31M
Price to Earnings (P/E)36.0
Beta1.00
Next Earnings
Oct 22, 2026EPS Estimate
1.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.08
Shares Outstanding36,000,175
10 Day Avg. Volume540,402
30 Day Avg. Volume685,314
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
$70.88Price Target Upside15.88% Upside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)4.89
Revenue Forecast (FY)$791.11M
Bulls Say, Bears Say
Bulls Say
Very Low Leverage / Strong Balance SheetExtremely low leverage and a large equity cushion provide durable financial flexibility. This balance sheet supports continued investment in AI and onboarding, sustained buybacks, and resilience through macro cycles without risking solvency or forcing defensive cost cuts.
Robust Free Cash Flow GenerationConsistent, growing FCF underpins long-term strength: it funds R&D, AI productization, managed-services scale and shareholder returns while minimizing financing needs. High cash conversion (~86% of net income TTM) signals operational durability and capital allocation optionality.
Recurring SaaS Network And Steady Revenue GrowthA multi-tenant SaaS network with recurring revenue and broad retailer/supplier connectivity creates durable net-retention and upsell opportunities. Steady top-line growth plus core high-single-digit growth (ex-divestiture) supports predictable cashflows and long-term scalability.
Bears Say
Divestiture Reduced Recurring Base And Caused LossThe divestiture materially shrank the recurring customer count and trimmed near-term revenue, creating comparability noise and reducing network scale. Even if EBITDA was largely preserved, a smaller base can slow cross-sell/ARPU expansion and dampen network-driven growth momentum.
ERP Migrations Slow Onboarding/time-to-valueProtracted ERP integrations delay customer go-live and realization of subscription revenue and upsells. Slower time-to-value increases implementation costs, ties up services resources, and can compress near-term retention and expansion, moderating growth cadence over months.
Analytics Revenue Is Discretionary And Slow To RampAnalytics monetization is vulnerable to customer discretionary budgets, making revenue from new analytics/AI features less predictable. Replatform benefits may take quarters to convert to material bookings, limiting near-term margin and growth upside from this product area.
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 $117.37 in the past 12 months.
What is SPS Commerce’s market cap?
SPS Commerce’s market cap is $2.69B.
When is SPS Commerce’s upcoming earnings report date?
SPS Commerce’s upcoming earnings report date is Oct 22, 2026 which is in 71 days.
How were SPS Commerce’s earnings last quarter?
SPS Commerce released its earnings results on Jul 30, 2026. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.094 by $0.176.
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 1.23.
How many shares outstanding does SPS Commerce have?
SPS Commerce has 36,000,175 shares outstanding.
What happened to SPS Commerce’s price movement after its last earnings report?
SPS Commerce reported an EPS of $1.27 in its last earnings report, beating expectations of $1.094. Following the earnings report the stock price went up 11.484%.
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
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Analyst Consensus
Hold
Average Price Target:
$70.88 (15.88% Upside)
$70.88 (15.88% Upside)
Blogger Sentiment
Bullish
SPSC Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 517.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-51.90%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
0.39%
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 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
Overall the call emphasized solid operational and financial execution: revenue and recurring revenue growth, strong free cash flow (trailing 12-month FCF +40% YoY), margin expansion, active capital return, and compelling early AI/analytics customer outcomes (MAX and replatformed analytics). The primary negatives were a one-time loss on the divestiture of the 3P revenue recovery business and resulting customer-count/revenue comparability noise, plus ongoing investments and timing noise around ERP onboarding and AI expense timing. On balance the company showed profitable growth, strong cash generation, and clear paths to AI monetization, while managing one-time portfolio rationalization and near-term investment timing.View all SPSC earnings summariesSPSC Stock 12 Month Forecast
Average Price Target
$70.88
▲(15.88% Upside)
Technical Analysis
Ownership Overview
2.32% Insiders
32.50% Mutual Funds
5.56% Other Institutional Investors
28.94% Public Companies and
Individual Investors