SPSCTechnology · Software - ApplicationThe 12 Wall Street analysts covering SPS Commerce, Inc. hold a median 12-month price target of $70 — -13.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 86 of 100 as at 22 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 (21): The shares have been drifting down relative to others.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
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.
Data provided by Twelve Data
The green dot is the last close — the median target sits −13.9% from it.
Of the 20 most recent actions, 5 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 19 Aug 2026 | Needham | Maintains | Buy | $75 → $100 |
| 31 July 2026 | Cantor Fitzgerald | Maintains | Neutral | — |
| 31 July 2026 | Cantor Fitzgerald | Maintains | Neutral | $60 → $70 |
| 31 July 2026 | Morgan Stanley | Maintains | Underweight | $57 → $59 |
| 31 July 2026 | Morgan Stanley | Maintains | Underweight | — |
| 31 July 2026 | Stifel | Maintains | Hold | $60 → $70 |
| 31 July 2026 | Stifel | Maintains | Hold | — |
| 21 July 2026 | Citigroup | Maintains | Buy | $76 → $82 |
| 21 July 2026 | Citigroup | Maintains | Buy | — |
| 21 July 2026 | Morgan Stanley | Downgrade | Underweight | — |
| 21 July 2026 | Morgan Stanley | Downgrade | Underweight | $70 → $57 |
| 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 | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 24 Aug 2026, SPS Commerce, Inc. returned −29.8% against +19.6% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
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 20% of US stocks
Cheaper than 34% of US stocks
Cheaper than 34% of US stocks
Cheaper than 24% of US stocks
Higher than 40% of US stocks
Higher than 7% of US stocks
Higher than 83% of US stocks
Higher than 74% of US stocks
Higher than 70% of US stocks
Higher than 59% of US stocks
Higher than 84% of US stocks
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
SPS Commerce, Inc. has a market value of $2.9B and an enterprise value of $2.8B.
Free cash flow in the twelve months to 30 June 2026: $198.7M.
SPS Commerce, Inc. spent $153.1M on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: 39.0×; forward P/E: 15.2× — the forward figure prices analyst consensus estimates, not reported earnings.
SPS Commerce, Inc. employs 2,948 people.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own SPS Commerce, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
SPS Commerce stock rose on Wednesday following discussions with its CEO and CFO. A commentator noted the supply chain software developer faces several growth-producing opportunities.
Why it matters — The commentary suggests SPS Commerce management sees growth opportunities ahead, giving SPSC watchers a reason to note the favorable discussion.
SPS Commerce announced the inaugural class of its Top Supply Chain Leaders, recognizing 50 operational leaders and their teams from organizations across the U.S. and Canada, including Walgreens, US Foods, Petco, Fastenal, Ace Hardware, Gordon Food Service, and Canadian Tire. The recognition celebrates leadership in innovation, resilience, and operational excellence across retail.
Why it matters — The award spotlights SPS Commerce's intelligent supply chain network and its role in enabling recognized leaders, potentially raising brand visibility among retail and supply chain firms.
SPS Commerce reported Q2 2026 results that came in ahead of estimates, with 6% year-over-year revenue growth, an improved gross margin, and robust operating leverage. The company's Gen AI strategy is highlighted as potentially enhancing its network value and positioning it for future growth.
Why it matters — SPSC watchers would care because the report underscores how SPS Commerce's Gen AI strategy and strong quarterly results may enhance its network value and support future growth prospects.
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.
The 12 Wall Street analysts covering SPS Commerce, Inc. have a median 12-month price target of $70, with estimates ranging from $59 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. 86 out of 100 across roughly 4,600 US stocks as at 22 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 22 Aug 2026, SPS Commerce, Inc. ranks 86 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 -13.9% from the last close, and Ticker Nerd's factor model ranks SPS Commerce, Inc. 86 out of 100 as at 22 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: $59 to $103 over the next 12 months.
SPS Commerce, Inc. returned -29.8% over the 12 months to 24 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, 19 Aug 2026): "Why SPS Commerce Stock Was a Winner on Wednesday". SPS Commerce stock rose on Wednesday following discussions with its CEO and CFO. A commentator noted the supply chain software developer faces several growth-producing opportunities.
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
