SPSCTechnology · Software - ApplicationThe 12 Wall Street analysts covering SPS Commerce, Inc. hold a median 12-month price target of $60 — -20.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 80 of 100 as at 1 Aug 2026 — inside the top quartile. The factors read stronger than the Street's target implies. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores SPS Commerce, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Accruals (92): Reported profit is backed by cash, and the company is not expanding recklessly.
Momentum (7): The shares have been drifting down relative to others.
The rank is the raw material. Whether the rules would actually own SPS Commerce, Inc. — and when they’d sell — is the membership.
The bullish and bearish analyst opinions on SPSC, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits −20.6% from it.
Of the 20 most recent actions, 4 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 31 July 2026 | Cantor Fitzgerald | Maintains | Neutral | $60 → $70 |
| 31 July 2026 | Morgan Stanley | Maintains | Underweight | $57 → $59 |
| 31 July 2026 | Stifel | Maintains | Hold | $60 → $70 |
| 21 July 2026 | Citigroup | Maintains | Buy | — |
| 21 July 2026 | Citigroup | Maintains | Buy | $76 → $82 |
| 21 July 2026 | Morgan Stanley | Downgrade | Underweight | $70 → $57 |
| 21 July 2026 | Morgan Stanley | Downgrade | Underweight | — |
| 1 July 2026 | DA Davidson | Maintains | Neutral | — |
| 1 July 2026 | DA Davidson | Maintains | Neutral | $55 |
| 4 May 2026 | Citigroup | Maintains | Buy | — |
| 1 May 2026 | Cantor Fitzgerald | Maintains | Neutral | — |
| 1 May 2026 | DA Davidson | Maintains | Neutral | — |
| 1 May 2026 | Needham | Maintains | Buy | — |
| 16 Apr 2026 | Rothschild & Co | Downgrade | Neutral | — |
| 17 Feb 2026 | DA Davidson | Maintains | Neutral | — |
| 13 Feb 2026 | Citigroup | Maintains | Buy | — |
| 13 Feb 2026 | Stifel | Maintains | Hold | — |
| 11 Nov 2025 | Morgan Stanley | Downgrade | Equal-Weight | — |
| 31 Oct 2025 | Cantor Fitzgerald | Downgrade | Neutral | — |
| 31 Oct 2025 | Citigroup | Maintains | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 23% of US stocks
Cheaper than 37% of US stocks
Cheaper than 35% of US stocks
Cheaper than 27% of US stocks
Higher than 43% of US stocks
Higher than 7% of US stocks
Higher than 83% of US stocks
Higher than 76% of US stocks
Higher than 70% of US stocks
Higher than 60% of US stocks
Higher than 85% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. SPSC appears on the weeks it earns a place.
SPS Commerce's full-year 2026 profitability guidance exceeded the consensus analyst estimate. The article notes that managing supply chains through software is increasingly crucial for retailers.
Why it matters — A SPSC watcher would care because the company's profitability outlook exceeded analyst expectations, signaling strong demand for its supply-chain software among retailers.
SPS Commerce held its Q2 2026 earnings call, and Seeking Alpha published the transcript of that investor discussion. The call covered the company's financial results and business performance for the quarter.
Why it matters — Earnings call transcripts provide detailed insight into SPS Commerce's operational results and management commentary, which investors use to assess the company's near-term trajectory.
SPS Commerce reported Q2 earnings of $1.27 per share, surpassing the Zacks Consensus Estimate of $1.08 per share and up from $1.00 per share a year ago.
Why it matters — The company exceeded analyst expectations for quarterly earnings, indicating better-than-anticipated financial performance for the period.
SPS Commerce reported strong second quarter 2026 financial results, with revenue and Adjusted EBITDA exceeding the high end of its guidance range. The company also provided updated full year 2026 guidance following a recently completed divestiture.
Why it matters — The results exceeded the company's own guidance, and the updated outlook gives investors a clearer picture of expected performance after the divestiture.
The 12 Wall Street analysts covering SPS Commerce, Inc. have a median 12-month price target of $60, with estimates ranging from $57 to $103. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 12 analysts covering SPS Commerce, Inc., 3 rate it a Buy, 8 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks SPS Commerce, Inc. 80 out of 100 across roughly 4,600 US stocks as at 1 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 1 Aug 2026, SPS Commerce, Inc. ranks 80 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Accruals (92 of 100).
No one can know that. What the data says: the median 12-month target from 12 analysts implies -20.6% from the last close, and Ticker Nerd's factor model ranks SPS Commerce, Inc. 80 out of 100 as at 1 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering SPS Commerce, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for SPSC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $57 to $103 over the next 12 months.
SPS Commerce, Inc. returned -27.3% over the 12 months to 3 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
SPS Commerce Inc. is a leading provider of cloud-based supply chain management solutions, enabling businesses to streamline operations and optimize their supply chain efficiency.
The most recent item we track (The Motley Fool, 31 July 2026): "Why SPS Commerce Stock Crushed it on Friday". SPS Commerce's full-year 2026 profitability guidance exceeded the consensus analyst estimate. The article notes that managing supply chains through software is increasingly crucial for retailers.
SPS Commerce Inc. is a leading provider of cloud-based supply chain management solutions, enabling businesses to streamline operations and optimize their supply chain efficiency. The company focuses on serving the retail and distribution industry by offering a comprehensive suite of services designed to support trading partner relationships and ensure seamless order fulfillment. Key features of SPS Commerce's offerings include electronic data interchange (EDI), where businesses can automate and standardize communication across their supply chain, as well as analytics tools that provide data-driven insights into performance metrics. By leveraging their extensive retailer trading partner network, SPS Commerce enables clients to enhance collaboration and reduce transactional friction. Founded in 1987 and headquartered in Minneapolis, Minnesota, SPS Commerce has established itself as a pivotal player in facilitating digital transformation in supply chain management, aiding businesses in their growth and operational efficiency globally.
CEO Mr. Chadwick Collins · 2,948 employees · United States · https://www.spscommerce.com