Based on ratings from 11 stock analysts, the SPS Commerce Inc stock price is expected to increase by 12.54% in 12 months. This is calculated by using the average 12-month stock price forecast for SPS Commerce Inc. The lowest target is $188 and the highest is $250. Please note analyst price targets are not guaranteed and could be missed completely.
SPSC is a stock in Technology which has been forecasted to be worth $222.7 as an average. On the higher end, the forecast price is $250 USD by Parker Lane from Stifel and on the lower end SPSC is forecasted to be $188 by Joe Vruwink from Baird.
These are the latest 20 analyst ratings of SPSC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Quinton Gabrielli Piper Sandler | Neutral | $198 | Initiates | Nov 25, 2024 |
Joe Vruwink Baird | Neutral | $188 | Maintains | Oct 28, 2024 |
Scott Berg Needham | Buy | $230 | Reiterates | Oct 25, 2024 |
Parker Lane Stifel | Buy | $250 | Maintains | Oct 25, 2024 |
Scott Berg Needham | Buy | $230 | Reiterates | Aug 2, 2024 |
Nehal Chokshi Northland Capital Markets | Market Perform | $209 | Downgrade | Jul 29, 2024 |
Tom Roderick Stifel | Buy | $225 | Maintains | Jul 26, 2024 |
Gil Luria DA Davidson | Buy | $240 | Maintains | Jul 26, 2024 |
Jeff Van Sinderen Craig-Hallum | Buy | $230 | Maintains | Jul 26, 2024 |
Scott Berg Needham | Buy | $230 | Maintains | Jul 26, 2024 |
Joe Vruwink Baird | Neutral | $186 | Maintains | Jul 26, 2024 |
Lachlan Brown Redburn Atlantic | Buy | $220 | Initiates | May 14, 2024 |
George Kurosawa Citigroup | Buy | $222 | Maintains | May 10, 2024 |
Scott Berg Needham | Buy | $205 | Reiterates | May 10, 2024 |
Joe Vruwink Baird | Neutral | $178 | Maintains | Apr 26, 2024 |
Scott Berg Needham | Buy | $205 | Reiterates | Apr 26, 2024 |
George Kurosawa Citigroup | Buy | $216 | Initiates | Mar 13, 2024 |
Scott Berg Needham | Buy | $205 | Reiterates | Feb 9, 2024 |
Scott Berg Needham | Buy | $205 | Reiterates | Jan 18, 2024 |
Gil Luria DA Davidson | Buy | $200 | Initiates | Nov 14, 2023 |
When did it IPO
2010
Staff Count
2,489
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Chadwick Collins
Market Cap
$7.43B
In 2023, SPSC generated $536.9M in revenue, which was a increase of 19.08% from the previous year. This can be seen as a signal that SPSC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - SPS Commerce, Inc. (NASDAQ: SPSC) will present at the Nasdaq 51st Investor Conference on December 10, 2024, at 3:00 PM GMT.
Why It Matters - SPS Commerce's presentation at a major investor conference could influence market perception, potentially impacting stock performance and investor interest in the company.
Summary - SPS Commerce (SPSC) is expected to deliver strong returns due to its solid growth attributes.
Why It Matters - SPS Commerce's strong growth potential suggests likely high returns, indicating it may be an attractive investment opportunity in the current market.
Summary - SPS Commerce, Inc. (NASDAQ: SPSC) was named one of America's Best Companies for 2024 by Forbes, recognized for its performance across various metrics including employee and customer sentiment.
Why It Matters - SPS Commerce's recognition by Forbes enhances its reputation, potentially attracting more investors and customers, and indicating strong financial health and employee satisfaction.
Summary - SPS Commerce (SPSC) is now considered oversold, suggesting reduced selling pressure, alongside positive earnings estimate revisions from analysts, indicating a possible trend reversal.
Why It Matters - SPS Commerce's oversold status and positive analyst revisions suggest reduced selling pressure and a potential rebound, signaling an opportunity for investors to consider buying.
Summary - SPS Commerce (SPSC) is noted for its strong growth attributes, potentially positioning it to outperform the market.
Why It Matters - SPS Commerce's solid growth attributes indicate potential for superior performance, suggesting strong returns and increased investor interest in the stock.
Summary - SPS Commerce, Inc. (SPSC) held its Q3 2024 earnings call, discussing financial performance and business updates. Further details can be found in the full transcript.
Why It Matters - SPS Commerce's Q3 2024 earnings call provides insights into financial performance, growth prospects, and market trends, influencing investment decisions and stock valuations.