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SPSC

SPS Commerce (SPSC) Stock Forecast & Price Target

SPS Commerce (SPSC) Analyst Ratings

Based on 8 analyst ratings
Hold
Strong Buy 25%
Buy 0%
Hold 75%
Sell 0%
Strong Sell 0%

Bulls say

SPS Commerce is facing near-term macro headwinds and a tough comp in 2Q, but expects revenue growth rates to rebound in 2H as these challenges are lapped. The company's new 3P pricing, while expected to drive off some very small customers, should be gross profit accretive and boost predictability and lower variability. In 1Q26, SPS saw modestly lower operating margins and lower gross margins, although EPS did outperform estimates. The company remains cash positive with no debt, and has a strong cash position for potential future M&A opportunities.

Bears say

SPS Commerce is facing several challenges that could hinder its growth potential in the near future. These include a recent trend of declining organic revenue growth due to headwinds in the Amazon revenue recovery business and changes in policies. The company has also made some strategic decisions, such as divesting its 3rd party revenue recovery business and implementing a subscription platform fee for SMB customers, which may impact its revenue in the short term but create a stable base for future growth. Additionally, SPSC is highly dependent on upselling and utilization of its products, which could be affected if the economy softens or if customers slow their investments for growth. Finally, while the company has a strong track record of acquisitions, growth through this avenue is not guaranteed and could be impacted if difficulties arise in evaluation, pricing, and integration processes.

SPS Commerce (SPSC) has been analyzed by 8 analysts, with a consensus rating of Hold. 25% of analysts recommend a Strong Buy, 0% recommend Buy, 75% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of SPS Commerce and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About SPS Commerce (SPSC) Forecast

Analysts have given SPS Commerce (SPSC) a Hold based on their latest research and market trends.

According to 8 analysts, SPS Commerce (SPSC) has a Hold consensus rating as of Jul 18, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $76.38, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $76.38, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

SPS Commerce (SPSC)


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