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SPSC
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SPS Commerce (SPSC) Stock Forecast & Price Target

SPS Commerce (SPSC) Analyst Ratings

Based on 10 analyst ratings
Buy
Strong Buy 30%
Buy 20%
Hold 50%
Sell 0%
Strong Sell 0%

Bulls say

SPS Commerce Inc. is demonstrating a positive outlook due to its anticipated normalization in organic customer additions, projecting approximately 1,300 new customers annually, a noticeable increase from the post-pandemic average of 1,000. The company is on track to reach pre-pandemic customer addition levels by 2025, excluding any mergers and acquisitions, which further underscores its growth potential. Additionally, strong expansion within existing customer relationships is contributing to the company's scalability and overall value generation, positioning SPS Commerce favorably as it explores M&A opportunities to enhance its market presence, particularly in Europe.

Bears say

SPS Commerce's stock has experienced a decline of 23% following the release of its 2Q25 earnings, which fell short of investor expectations and included an updated financial model that raised concerns about future growth prospects. The potential for a slowing economy poses a significant risk, as customers may reduce their growth-related investments, weakening the company's reliance on upselling and utilization for revenue growth. Despite having avoided year-over-year revenue declines over its 13 years as a public entity, the current economic uncertainties and noticeable drop in share value introduce skepticism regarding its ability to maintain favorable equity characteristics in the long term.

SPS Commerce (SPSC) has been analyzed by 10 analysts, with a consensus rating of Buy. 30% of analysts recommend a Strong Buy, 20% recommend Buy, 50% 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 Buy based on their latest research and market trends.

According to 10 analysts, SPS Commerce (SPSC) has a Buy consensus rating as of Oct 14, 2025. 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 $162.30, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $162.30, 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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