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SPSC
Volume: 261.38K

SPS Commerce (SPSC) Stock Forecast & Price Target

SPS Commerce (SPSC) Analyst Ratings

Based on 9 analyst ratings
Hold
Strong Buy 22%
Buy 0%
Hold 78%
Sell 0%
Strong Sell 0%

Bulls say

SPS Commerce Inc. demonstrated strong financial performance with total revenue increasing by 16.0% year-over-year and organic recurring revenue growing by 10.5% year-over-year, highlighting the company's robust growth trajectory. The company's adjusted EBITDA is projected to rise to between $246.3 million and $266.7 million, reflecting an 11.2% increase, while the gross margin improved to 71.2%, which is 190 basis points higher than the previous year and above estimates. Additionally, SPS Commerce experienced a 3.8% increase in its customer base, reaching 46,900, indicating successful customer engagement and expansion within its market.

Bears say

SPS Commerce Inc reported a total revenue of $192.7 million, falling short of consensus expectations and at the lower end of company guidance due to weaker-than-anticipated revenue recovery contributions and invoice scrutiny. The company experienced a contraction of 350 recurring revenue customers to 54.6K, marking its first sequential decline in customers since the first quarter of 2024, which raises concerns about customer retention and growth potential. Furthermore, revised guidance for fiscal year 2025 suggested revenue growth would be 18.0% at the midpoint, down from a previous expectation of 19.3%, primarily attributed to underperformance in the Carbon6 revenue recovery business and broader macroeconomic challenges.

SPS Commerce (SPSC) has been analyzed by 9 analysts, with a consensus rating of Hold. 22% of analysts recommend a Strong Buy, 0% recommend Buy, 78% 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 9 analysts, SPS Commerce (SPSC) has a Hold consensus rating as of Apr 22, 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 $93.67, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $93.67, 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)

Volume: 261.38K

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