SPS Commerce（SPSC）株式概要
SPSコマース社は、米国でクラウドベースのサプライチェーン管理ソリューションを提供している。 詳細
報酬
リスク分析
リスクチェックの結果、SPSC 、リスクは検出されなかった。
SPSC Community Fair Values
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Analyst Price Targets
SPS Commerce, Inc. 競合他社
価格と性能
| 過去の株価 | |
|---|---|
| 現在の株価 | US$54.98 |
| 52週高値 | US$143.55 |
| 52週安値 | US$49.04 |
| ベータ | 0.56 |
| 1ヶ月の変化 | 7.45% |
| 3ヶ月変化 | -8.44% |
| 1年変化 | -59.08% |
| 3年間の変化 | -69.93% |
| 5年間の変化 | -46.16% |
| IPOからの変化 | 708.53% |
最新ニュース
Seeking Alpha • Jun 14
SPS Commerce: Amazon Weakness Has Created A Buying Opportunity
Summary SPS Commerce has declined ~60% as Amazon-related revenue recovery faces headwinds, but core business growth remains resilient. Excluding Amazon, SPSC is growing at a high single-digit rate, with recurring revenue and adjusted EBITDA outpacing revenue growth. Management is aggressively repurchasing shares, capitalizing on a valuation well below software peers, while maintaining a net cash position. I maintain a Buy rating, as the current valuation overstates Amazon-related risks; second-half acceleration is a key catalyst to monitor. Read the full article on Seeking Alpha
ナラティブの更新 • Jun 05
SPSC: Execution And Buybacks Will Support Rerating Despite Recent Downgrades
Analysts have trimmed their blended price target for SPS Commerce by roughly $8 to reflect updated assumptions on discount rate, revenue growth, profit margins, and future P/E, following a series of target cuts from Citi, Morgan Stanley, Cantor Fitzgerald, and Needham, along with a downgrade from Rothschild & Co Redburn. Analyst Commentary Recent research suggests that, even with trimmed targets and a fresh downgrade in the mix, some bullish analysts still view SPS Commerce as an execution story tied closely to its ability to grow revenue and protect margins over time.ナラティブの更新 • May 08
SPSC: Reset Expectations And Buybacks Will Reframe Sentiment Despite Softer Guidance
The analyst price target for SPS Commerce has been revised lower to $93.92 from $110.00, as analysts factor in softer revenue growth expectations, slightly reduced profit margin assumptions, and a lower future P/E multiple following recent target cuts across the Street. Analyst Commentary Recent Street research on SPS Commerce has centered on recalibrating expectations after quarterly results and updated guidance, with several firms trimming price targets and, in some cases, ratings.Recent updates
Seeking Alpha • Jun 14
SPS Commerce: Amazon Weakness Has Created A Buying Opportunity
Summary SPS Commerce has declined ~60% as Amazon-related revenue recovery faces headwinds, but core business growth remains resilient. Excluding Amazon, SPSC is growing at a high single-digit rate, with recurring revenue and adjusted EBITDA outpacing revenue growth. Management is aggressively repurchasing shares, capitalizing on a valuation well below software peers, while maintaining a net cash position. I maintain a Buy rating, as the current valuation overstates Amazon-related risks; second-half acceleration is a key catalyst to monitor. Read the full article on Seeking Alphaナラティブの更新 • Jun 05
SPSC: Execution And Buybacks Will Support Rerating Despite Recent Downgrades
Analysts have trimmed their blended price target for SPS Commerce by roughly $8 to reflect updated assumptions on discount rate, revenue growth, profit margins, and future P/E, following a series of target cuts from Citi, Morgan Stanley, Cantor Fitzgerald, and Needham, along with a downgrade from Rothschild & Co Redburn. Analyst Commentary Recent research suggests that, even with trimmed targets and a fresh downgrade in the mix, some bullish analysts still view SPS Commerce as an execution story tied closely to its ability to grow revenue and protect margins over time.ナラティブの更新 • May 08
SPSC: Reset Expectations And Buybacks Will Reframe Sentiment Despite Softer Guidance
The analyst price target for SPS Commerce has been revised lower to $93.92 from $110.00, as analysts factor in softer revenue growth expectations, slightly reduced profit margin assumptions, and a lower future P/E multiple following recent target cuts across the Street. Analyst Commentary Recent Street research on SPS Commerce has centered on recalibrating expectations after quarterly results and updated guidance, with several firms trimming price targets and, in some cases, ratings.ナラティブの更新 • Apr 23
SPSC: Activist Sale Pressure Will Reframe Sentiment Despite Softer Guidance
Analysts have trimmed their average price targets on SPS Commerce, with several firms cutting estimates by $5 to $30 after Q4 revenue came in at the low end of guidance and the FY26 revenue outlook was set at 6% to 7% year over year, compared with a prior 7% to 8% range, reflecting ongoing headwinds in the business. Analyst Commentary Recent research on SPS Commerce has centered on the softer Q4 revenue outcome and the recalibrated FY26 revenue outlook of 6% to 7% year over year, which came in below the prior 7% to 8% range.
ナラティブの更新 • Apr 09
SPSC: Share Repurchases And Potential Sale Will Support Future Returns
Analysts have trimmed their blended price target on SPS Commerce by $0 overall, reflecting recent target cuts from several firms after Q4 revenue landed at the low end of guidance and the FY26 revenue growth outlook of 6% to 7% came in below the prior 7% to 8% range. Key model inputs such as fair value, revenue growth, profit margin, and future P/E assumptions remain essentially unchanged.ナラティブの更新 • Mar 25
SPSC: Activist Sale Pressure And AI Rollout Will Reframe Sentiment
Analysts have trimmed their blended price target on SPS Commerce by aligning with recent cuts to around $95, reflecting Q4 revenue at the low end of guidance and a FY26 revenue outlook of 6% to 7%, which sits below prior expectations as headwinds persist. Analyst Commentary Even with a reset in expectations around Q4 and the FY26 outlook, some bullish analysts still see room for SPS Commerce to execute on its long term model.ナラティブの更新 • Mar 11
SPSC: Activist Sale Push And AI Suite Will Reset Sentiment
We are lowering our fair value estimate for SPS Commerce to $110 from $125, reflecting analysts' reduced price targets after Q4 revenue landed at the low end of guidance and FY26 revenue growth guidance of 6% to 7% came in below prior expectations. Analyst Commentary Street research after the Q4 print has generally reset expectations lower for SPS Commerce, with several cuts to price targets and at least one downgrade to a more cautious rating.ナラティブの更新 • Feb 24
SPSC: Share Repurchases Will Support Returns As FY26 Headwinds Ease
Our updated narrative on SPS Commerce reflects a lower fair value estimate, moving from about $99.82 to $82.09. This is in line with recent analyst price target cuts that cite softer revenue trends, a more conservative 6% to 7% FY26 growth guide, and a reset to a lower future P/E assumption despite slightly higher projected profit margins.分析記事 • Feb 15
SPS Commerce, Inc. Just Recorded A 5.8% EPS Beat: Here's What Analysts Are Forecasting Next
One of the biggest stories of last week was how SPS Commerce, Inc. ( NASDAQ:SPSC ) shares plunged 22% in the week since...分析記事 • Feb 12
More Unpleasant Surprises Could Be In Store For SPS Commerce, Inc.'s (NASDAQ:SPSC) Shares After Tumbling 26%
SPS Commerce, Inc. ( NASDAQ:SPSC ) shareholders won't be pleased to see that the share price has had a very rough...ナラティブの更新 • Feb 10
SPSC: Activist Sale Pressure And New Capabilities Will Support Sentiment Reset
Analysts have maintained their fair value estimate for SPS Commerce at $125.00. Modest adjustments to assumptions around the discount rate, revenue growth, profit margin, and future P/E help explain the updated price target narrative.ナラティブの更新 • Jan 27
SPSC: Share Repurchases And New Products Will Offset Forecasting Setbacks
Analysts now see fair value for SPS Commerce at about US$99.82 per share, up from roughly US$98, as they factor in a slightly lower discount rate, steady revenue growth and margins, and a modestly higher future P/E, despite recent price target cuts tied to softer near term growth expectations and the Q3 revenue miss. Analyst Commentary Recent Street research around SPS Commerce points to a more cautious stance overall, with several firms cutting ratings and reducing price targets after the Q3 revenue miss and updated guidance.ナラティブの更新 • Jan 11
SPSC: Share Repurchases And Product Expansion Will Support Sentiment Reset
Analysts have reset expectations on SPS Commerce, with published price targets moving from a prior range of around $125 to a band of roughly $80 to $110. This shift reflects concerns about constrained near term growth, Q3 revenue shortfalls, and softer guidance.ナラティブの更新 • Dec 25
SPSC: Share Repurchases Will Support Confidence After Growth Expectations Reset
Analysts have reset their outlook on SPS Commerce, cutting the price target from $230 to $125 as they factor in slower expected revenue growth, a higher discount rate and lower peer multiples, even as profit margins are modeled to improve. Analyst Commentary Recent research has highlighted a more cautious overall stance on SPS Commerce, with multiple firms lowering ratings and price targets in response to softer growth expectations and a weaker retail spending backdrop.ナラティブの更新 • Dec 11
SPSC: Share Repurchases And Durable Cash Flows Will Support Future Upside
Analysts have sharply reduced their price targets on SPS Commerce to a range of $80 to $110 from prior levels as high as $170, citing constrained near term growth, a weaker retail end market, and tempered long term growth expectations despite the company’s still solid fundamentals. Analyst Commentary Street research reflects a more balanced but cautious stance on SPS Commerce, with recent notes highlighting both the durability of the business model and the near term pressures on growth, execution, and valuation.分析記事 • Dec 09
Returns On Capital At SPS Commerce (NASDAQ:SPSC) Have Stalled
What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...ナラティブの更新 • Nov 27
SPSC: Share Buybacks And Cash Flow Will Drive Further Upside
Analysts have lowered their average price target for SPS Commerce. Reductions from firms such as Morgan Stanley, Needham, DA Davidson, and Cantor Fitzgerald cite weaker near-term growth prospects and the impact of a disappointing Q3 revenue performance.ナラティブの更新 • Nov 12
SPSC: Share Buybacks And Cash Flow Will Support Investor Confidence
Analysts have significantly reduced their price targets for SPS Commerce, lowering the fair value estimate from $142.27 to $98.00. They cite constrained near-term growth and ongoing headwinds in the retail end market as reasons for the adjustment.ナラティブの更新 • Oct 29
Recurring Revenue And Market Position Will Drive Potential Upside Into Year End
Analysts have recently reduced their price targets for SPS Commerce. New estimates generally fall in the $125 to $145 range, citing lower peer multiples and expectations for more moderate medium-term growth.ナラティブの更新 • Oct 14
Cloud-based EDI And Omni-Channel Analytics Will Strengthen Retail Supply Chains
Analysts have lowered their average price target on SPS Commerce by approximately $5.55. This adjustment reflects reduced peer multiples and slightly moderated growth expectations following recent earnings and investor updates.ナラティブの更新 • Sep 25
Cloud-based EDI And Omni-Channel Analytics Will Strengthen Retail Supply Chains
Analysts have trimmed their price targets for SPS Commerce to $147.82, citing the company’s transition to a more mature growth phase with tempered expectations and reduced upside catalysts, despite ongoing business model strength. Analyst Commentary SPS Commerce is perceived to have entered a more mature growth phase, prompting lower growth expectations.分析記事 • Jul 21
Calculating The Fair Value Of SPS Commerce, Inc. (NASDAQ:SPSC)
Key Insights Using the 2 Stage Free Cash Flow to Equity, SPS Commerce fair value estimate is US$150 SPS Commerce's...分析記事 • Jul 03
SPS Commerce's (NASDAQ:SPSC) Returns Have Hit A Wall
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Jun 15
Earnings Tell The Story For SPS Commerce, Inc. (NASDAQ:SPSC)
With a price-to-earnings (or "P/E") ratio of 63x SPS Commerce, Inc. ( NASDAQ:SPSC ) may be sending very bearish signals...分析記事 • Apr 28
Results: SPS Commerce, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
It's been a good week for SPS Commerce, Inc. ( NASDAQ:SPSC ) shareholders, because the company has just released its...分析記事 • Apr 25
If EPS Growth Is Important To You, SPS Commerce (NASDAQ:SPSC) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Apr 10
A Look At The Intrinsic Value Of SPS Commerce, Inc. (NASDAQ:SPSC)
Key Insights The projected fair value for SPS Commerce is US$153 based on 2 Stage Free Cash Flow to Equity With US$136...Seeking Alpha • Mar 25
SPS Commerce: Interesting TAM Expansion And Appears Undervalued
Summary SPS Commerce offers cloud-based SCM software and has delivered strong returns since its IPO, despite recent share price corrections. SPSC's fundamentals are solid, with steady revenue growth, profitability, and expanding operating cash flow, making it a decent growth stock. Future growth catalysts include recurring revenue from acquisitions and tapping into Amazon's FBA seller ecosystem, presenting significant TAM opportunities. My conservative price target of $149.6 per share projects a 15% upside YoY, justifying a buy rating for SPSC. Read the full article on Seeking Alpha分析記事 • Mar 25
Returns On Capital At SPS Commerce (NASDAQ:SPSC) Have Stalled
What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Mar 07
Why We're Not Concerned Yet About SPS Commerce, Inc.'s (NASDAQ:SPSC) 27% Share Price Plunge
The SPS Commerce, Inc. ( NASDAQ:SPSC ) share price has fared very poorly over the last month, falling by a substantial...分析記事 • Mar 04
Is SPS Commerce, Inc. (NASDAQ:SPSC) Potentially Undervalued?
SPS Commerce, Inc. ( NASDAQ:SPSC ), might not be a large cap stock, but it received a lot of attention from a...分析記事 • Feb 17
SPS Commerce's (NASDAQ:SPSC) Earnings Seem To Be Promising
Despite posting healthy earnings, SPS Commerce, Inc.'s ( NASDAQ:SPSC ) stock has been quite weak. Our analysis suggests...分析記事 • Jan 16
SPS Commerce, Inc.'s (NASDAQ:SPSC) Price Is Out Of Tune With Revenues
With a price-to-sales (or "P/S") ratio of 11.5x SPS Commerce, Inc. ( NASDAQ:SPSC ) may be sending very bearish signals...Seeking Alpha • Jan 04
SPS Commerce: Continued Dealmaking Adds To The Growth Path
Summary SPS Commerce continues strong growth with organic and M&A efforts, but high valuations and elevated multiples make it unattractive for investment despite solid track record. Recent acquisitions, including SupplyPike and Carbon6 Technologies, boost revenues but come with lower margins. Despite improved earnings projections, realistic earnings remain around $2 per share, making current valuation of 90 times earnings too high. Continued M&A activity and net cash balances support growth, but cautious stance remains due to demanding valuations and modest earnings improvements. Read the full article on Seeking Alpha分析記事 • Jan 02
Estimating The Fair Value Of SPS Commerce, Inc. (NASDAQ:SPSC)
Key Insights The projected fair value for SPS Commerce is US$170 based on 2 Stage Free Cash Flow to Equity SPS...分析記事 • Dec 05
Is Now The Time To Put SPS Commerce (NASDAQ:SPSC) On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Nov 08
Is SPS Commerce, Inc. (NASDAQ:SPSC) Potentially Undervalued?
SPS Commerce, Inc. ( NASDAQ:SPSC ), is not the largest company out there, but it saw a double-digit share price rise of...分析記事 • Oct 16
SPS Commerce (NASDAQ:SPSC) Is Experiencing Growth In Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...分析記事 • Sep 28
SPS Commerce, Inc.'s (NASDAQ:SPSC) Share Price Not Quite Adding Up
You may think that with a price-to-sales (or "P/S") ratio of 12.4x SPS Commerce, Inc. ( NASDAQ:SPSC ) is a stock to...
新しいナラティブ • Aug 27
Critical Expansion And Advanced Technologies Propel Retail Supply Chain Leader To New Heights
Strategic acquisitions and expansion into supply chain optimization position SPS Commerce for revenue growth through upselling and leveraging retailer relationships.分析記事 • Aug 23
SPS Commerce (NASDAQ:SPSC) Ticks All The Boxes When It Comes To Earnings Growth
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...株主還元
| SPSC | US Software | US 市場 | |
|---|---|---|---|
| 7D | -0.09% | -1.3% | 2.3% |
| 1Y | -59.1% | -15.8% | 25.5% |
業界別リターン: SPSC過去 1 年間で-15.8 % の収益を上げたUS Software業界を下回りました。
リターン対市場: SPSCは、過去 1 年間で25.5 % のリターンを上げたUS市場を下回りました。
価格変動
| SPSC volatility | |
|---|---|
| SPSC Average Weekly Movement | 6.1% |
| Software Industry Average Movement | 9.9% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
安定した株価: SPSC 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。
時間の経過による変動: SPSCの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。
会社概要
| 設立 | 従業員 | CEO（最高経営責任者 | ウェブサイト |
|---|---|---|---|
| 1987 | 2,948 | Chad Collins | www.spscommerce.com |
は、米国でクラウドベースのサプライチェーン管理ソリューションを提供している。小売業者、ブランド、流通業者、製造業者、物流業者をつなぐクラウドベースのプラットフォームであるSPSコマースを通じてソリューションを提供し、現代の複雑な商取引業務に対応している。また、注文データを送受信し、注文から請求書発行、収益回収までの必要なプロセスを完全に自動化されたオペレーションで正確に実行する、サプライチェーン・オペレーションを合理化するために設計された包括的なソリューションであるフルフィルメントや、データの取得、クレンジング、正規化、配信を処理する顧客のビジネスパートナーからのセルスルー・データの管理を簡素化するアナリティクス製品も提供している。さらに、アソートメント製品（すべての販売チャネルにまたがる単一の接続を通じて、商品の属性や階層を自動的に変換することにより、堅牢で正確な商品データの伝達を簡素化する）、リレーションシップ・マネジメント製品（変更管理、オンボーディング・プログラム、サプライヤー・スコア・カード作成を通じて、サプライチェーンのデジタル化を加速し、サプライヤーとのコラボレーションを改善する）など、さまざまな補完的製品も提供している。同社は以前セントポール・ソフトウェア社として知られ、2001年5月にSPSコマース社に社名を変更した。SPSコマース社は1987年に法人化され、ミネソタ州ミネアポリスに本社を置いている。
SPS Commerce, Inc. 基礎のまとめ
| SPSC 基礎統計学 | |
|---|---|
| 時価総額 | US$2.03b |
| 収益（TTM） | US$90.87m |
| 売上高(TTM) | US$762.08m |
22.2x
PER（株価収益率2.6x
P/SレシオSPSC は割高か？
公正価値と評価分析を参照収益と収入
| SPSC 損益計算書（TTM） | |
|---|---|
| 収益 | US$762.08m |
| 売上原価 | US$233.93m |
| 売上総利益 | US$528.15m |
| その他の費用 | US$437.27m |
| 収益 | US$90.87m |
直近の収益報告
Mar 31, 2026
次回決算日
該当なし
| 一株当たり利益（EPS） | 2.48 |
| グロス・マージン | 69.30% |
| 純利益率 | 11.92% |
| 有利子負債／自己資本比率 | 0% |
SPSC の長期的なパフォーマンスは？
過去の実績と比較を見る企業分析と財務データの現状
| データ | 最終更新日（UTC時間） |
|---|---|
| 企業分析 | 2026/06/16 03:52 |
| 終値 | 2026/06/16 00:00 |
| 収益 | 2026/03/31 |
| 年間収益 | 2025/12/31 |
データソース
企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。
| パッケージ | データ | タイムフレーム | 米国ソース例 |
|---|---|---|---|
| 会社財務 | 10年 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。
特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。
分析モデルとスノーフレーク
本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。
シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。
業界およびセクターの指標
私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。
アナリスト筋
SPS Commerce, Inc. 12 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。19
| アナリスト | 機関 |
|---|---|
| Joseph Vruwink | Baird |
| Jeffrey Houston | Barrington Research Associates, Inc. |
| Mark Schappel | Benchmark Company |