View Financial HealthSPS Commerce 配当と自社株買い配当金 基準チェック /06SPS Commerce配当金を支払った記録がありません。主要情報n/a配当利回り5.5%バイバック利回り総株主利回り5.5%将来の配当利回り0%配当成長n/a次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向n/a最近の配当と自社株買いの更新お知らせ • Oct 31+ 2 more updatesSPS Commerce, Inc. (NasdaqGS:SPSC) announces an Equity Buyback for $100 million worth of its shares.SPS Commerce, Inc. (NasdaqGS:SPSC) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The program will be funded from existing cash and cash equivalents and future cash flows. The program will expire on December 1, 2027.すべての更新を表示Recent updatesナラティブの更新 • May 08SPSC: Reset Expectations And Buybacks Will Reframe Sentiment Despite Softer GuidanceThe 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.お知らせ • May 03SPS Commerce, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2026SPS Commerce, Inc. provided earnings guidance for the second quarter and full year of 2026. For the quarter, revenue is expected to be in the range of $194.5 million to $196.5 million, representing 4% to 5% year-over-year growth, Net income per diluted share is expected to be in the range of $0.53 to $0.56, with fully diluted weighted average shares outstanding of 37.3 million shares. For the year, revenue is expected to be in the range of $796.0 million to $802.0 million, representing 6% to 7% growth over 2025, Net income per diluted share is expected to be in the range of $2.66 to $2.69, with fully diluted weighted average shares outstanding of 37.3 million shares.Price Target Changed • May 01Price target decreased by 11% to US$72.91Down from US$82.09, the current price target is an average from 11 analysts. New target price is 24% above last closing price of US$58.92. Stock is down 59% over the past year. The company is forecast to post earnings per share of US$2.67 for next year compared to US$2.46 last year.Reported Earnings • May 01First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$0.53 (down from US$0.58 in 1Q 2025). Revenue: US$192.1m (up 5.8% from 1Q 2025). Net income: US$19.7m (down 11% from 1Q 2025). Profit margin: 10% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.ナラティブの更新 • Apr 23SPSC: Activist Sale Pressure Will Reframe Sentiment Despite Softer GuidanceAnalysts 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.お知らせ • Apr 17SPS Commerce, Inc. to Report Q1, 2026 Results on Apr 30, 2026SPS Commerce, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026お知らせ • Apr 15SPS Commerce, Inc., Annual General Meeting, May 28, 2026SPS Commerce, Inc., Annual General Meeting, May 28, 2026.ナラティブの更新 • Apr 09SPSC: Share Repurchases And Potential Sale Will Support Future ReturnsAnalysts 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 25SPSC: Activist Sale Pressure And AI Rollout Will Reframe SentimentAnalysts 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 11SPSC: Activist Sale Push And AI Suite Will Reset SentimentWe 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.Board Change • Mar 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Mike McConnell was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.ナラティブの更新 • Feb 24SPSC: Share Repurchases Will Support Returns As FY26 Headwinds EaseOur 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.Recent Insider Transactions Derivative • Feb 22Executive VP & CFO notifies of intention to sell stockKimberly Nelson intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of February. If the sale is conducted around the recent share price of US$58.35, it would amount to US$368k. Since March 2025, Kimberly has owned 119.95k shares directly. Company insiders have collectively bought US$43k more than they sold, via options and on-market transactions, in the last 12 months.分析記事 • Feb 15SPS Commerce, Inc. Just Recorded A 5.8% EPS Beat: Here's What Analysts Are Forecasting NextOne of the biggest stories of last week was how SPS Commerce, Inc. ( NASDAQ:SPSC ) shares plunged 22% in the week since...Price Target Changed • Feb 15Price target decreased by 16% to US$83.91Down from US$99.82, the current price target is an average from 11 analysts. New target price is 36% above last closing price of US$61.92. Stock is down 58% over the past year. The company is forecast to post earnings per share of US$2.55 for next year compared to US$2.46 last year.Reported Earnings • Feb 13Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$2.46 (up from US$2.07 in FY 2024). Revenue: US$751.5m (up 18% from FY 2024). Net income: US$93.3m (up 21% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.お知らせ • Feb 13+ 3 more updatesSPS Commerce, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2026SPS Commerce, Inc. provided earnings guidance for the first quarter and full year of 2026. For the quarter, revenue is expected to be in the range of $191.6 million to $193.6 million, representing 6% to 7% year-over-year growth. Net income per diluted share is expected to be in the range of $0.46 to $0.49, with fully diluted weighted average shares outstanding of 38.2 million shares. For the year, revenue is expected to be in the range of $798.5 million to $806.9 million, representing 6% to 7% growth over 2025. Net income per diluted share is expected to be in the range of $2.50 to $2.58, with fully diluted weighted average shares outstanding of 38.4 million shares.分析記事 • Feb 12More 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...Valuation Update With 7 Day Price Move • Feb 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$68.53, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Software industry in the US. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$130 per share.お知らせ • Feb 11SPS Commerce Introduces Max, New Capabilities Embedded in SPS' Agentic Supply Chain NetworkSPS Commerce announced MAX, delivering new and unparalleled agentic capabilities. MAX draws on 300,000 trading connections, decades of expertise, proprietary network intelligence, and billions of transactions to help customers unlock greater value from AI. This announcement builds on SPS Commerce's recent introduction of AI-driven Fulfillment capabilities, representing a meaningful step forward in how customers experience and benefit from artificial intelligence across the supply chain. Unlike other AI tools in the market that surface dashboards, answer isolated questions or focus on proactive activities like mapping, MAX is embedded into existing supply chain workflows assessing and guiding customer connections to support the success of their business and trading relationships. MAX will initially be launched with three features: Chat, Monitor, and Connect. MAX Chat: Day-to-Day, Reinvented Chat is embedded directly into day-to-day operations. Customers will now have more direct access to the proprietary insights for working with trading partners. MAX will use these insights to spot patterns that signal potential issues, guide workflows at each step, and help teams resolve problems before they become chargebacks or rejected shipments. MAX Monitor: Always On. always Working: MAX continuously monitors transactions, workflow requirements, and exceptions across the 300,000 connections and billions of transactions across the network. It helps to automate routine tasks, surfaces critical insights proactively, and keeps operations moving by supporting teams even when they are offline saving time while improving performance. MAX Connect: Designed to Work Wherever You Do Ready for the agentic future, MAX Connect supports Model Context Protocol (MCP) and is built to collaborate with other agents across the ecosystem MAXimizing the impact of AI for retailers, suppliers, and logistics partners. MAX can collaborate with AI peers, ERPs, CRMs, and data platforms to bring network intelligence into existing workflows.ナラティブの更新 • Feb 10SPSC: Activist Sale Pressure And New Capabilities Will Support Sentiment ResetAnalysts 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.お知らせ • Feb 02SPS Commerce, Inc. to Report Q4, 2025 Results on Feb 12, 2026SPS Commerce, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 12, 2026ナラティブの更新 • Jan 27SPSC: Share Repurchases And New Products Will Offset Forecasting SetbacksAnalysts 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 11SPSC: Share Repurchases And Product Expansion Will Support Sentiment ResetAnalysts 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.お知らせ • Jan 09SPS Commerce, Inc. Announces New Product Innovations Enabling Retailers and Brands to Meet the Needs of Evolving Supply ChainsSPS Commerce, Inc. announced new products and capabilities to address four key trends reshaping how goods move from creation to consumption. These trends are based on insights from its team of supply chain experts and intelligence from its network, which enables over 750 million transactions annually. This capability connects SAP S/4HANA Private and Public Cloud editions directly to the SPS network, simplifying integrations and supporting real-time visibility across every connected channel. System Automation for Shopify - Shopify sellers expanding into retail often struggle to manage multiple ordering systems. This capability centralizes all orders, inventory, and shipping updates in one place and provides retailers with a consistent, accurate view of order status as sellers expand into more complex omnichannel operations. Companies across retail and manufacturing are shifting away from single-source supply networks toward more regional and diversified models. This transition introduces new partners, new geographies, and new layers of complexity. As production footprints shift, both retailers and suppliers must stay aligned with partners they have never worked with before and maintain visibility into performance across more tiers of the supply chain. SPS Commerce Relationship Center - enables companies to bring on new partners and expand into new regions. It streamlines onboarding, reduces time to revenue, and keeps both sides aligned during transitions, so disruptions are minimized. SPS Relationship Center gives retailers and suppliers a shared space to exchange item data, compliance requirements, and operational information. Every step of the supply chain is under scrutiny, meaning Manufacturers are also rewiring their own supply networks as they add new raw material providers, component suppliers, and production partners. The SPS Commerce Manufacturing Suite helps manufacturers improve the performance of their upstream supplier networks. By improving visibility into quality, timeliness, and production reliability, the solution supports more resilient manufacturing operations as companies diversify their supply bases. Retailers and suppliers are operating in a market where demand patterns shift frequently and often without warning.ナラティブの更新 • Dec 25SPSC: Share Repurchases Will Support Confidence After Growth Expectations ResetAnalysts 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.Seeking Alpha • Dec 17SPS Commerce: Finally About To See Some Fundamental SupportSummary SPS Commerce has long been combining organic growth with M&A, while it traded at dazzling premiums. Slower organic growth triggered a huge setback in prices and expectations. Though slowing, growth remains solid as fundamental support comes in sight here. Read the full article on Seeking Alphaナラティブの更新 • Dec 11SPSC: Share Repurchases And Durable Cash Flows Will Support Future UpsideAnalysts 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 09Returns On Capital At SPS Commerce (NASDAQ:SPSC) Have StalledWhat 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 27SPSC: Share Buybacks And Cash Flow Will Drive Further UpsideAnalysts 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 12SPSC: Share Buybacks And Cash Flow Will Support Investor ConfidenceAnalysts 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.Valuation Update With 7 Day Price Move • Nov 06Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to US$81.21, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 7x in the Software industry in the US. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$129 per share.Reported Earnings • Oct 31Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0.68 (up from US$0.63 in 3Q 2024). Revenue: US$189.9m (up 16% from 3Q 2024). Net income: US$25.6m (up 9.0% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Oct 31Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to US$82.24. The fair value is estimated to be US$123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.お知らせ • Oct 31+ 2 more updatesSPS Commerce, Inc. (NasdaqGS:SPSC) announces an Equity Buyback for $100 million worth of its shares.SPS Commerce, Inc. (NasdaqGS:SPSC) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The program will be funded from existing cash and cash equivalents and future cash flows. The program will expire on December 1, 2027.ナラティブの更新 • Oct 29Recurring Revenue And Market Position Will Drive Potential Upside Into Year EndAnalysts 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.お知らせ • Oct 17SPS Commerce, Inc. to Report Q3, 2025 Results on Oct 30, 2025SPS Commerce, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025ナラティブの更新 • Oct 14Cloud-based EDI And Omni-Channel Analytics Will Strengthen Retail Supply ChainsAnalysts 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 25Cloud-based EDI And Omni-Channel Analytics Will Strengthen Retail Supply ChainsAnalysts 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.Buy Or Sell Opportunity • Aug 25Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to US$112. The fair value is estimated to be US$145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.お知らせ • Aug 21SPS Commerce, Inc. Approves Appointment of Mark Partin as Director, Member of the Audit Committee, Effective August 18, 2025On August 18, 2025, the Board of Directors of SPS Commerce, Inc. approved an increase in the size of the Board from seven to eight members and appointed Mark Partin as a director, effective August 18, 2025. Mr. Partin will serve as a director until the 2026 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation, or removal. The Board determined that Mr. Partin qualifies as an independent director pursuant to the listing standards of the Nasdaq Stock Market and the rules of the U.S. Securities and Exchange Commission (the SEC). The Board has also appointed Mr. Partin to serve on the Audit Committee.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$110, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 2x in the Software industry in the US. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$144 per share.Price Target Changed • Jul 31Price target decreased by 12% to US$156Down from US$178, the current price target is an average from 11 analysts. New target price is 44% above last closing price of US$109. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$2.19 for next year compared to US$2.07 last year.Buy Or Sell Opportunity • Jul 31Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$109. The fair value is estimated to be US$144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.お知らせ • Jul 31SPS Commerce, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2025SPS Commerce, Inc. provided earnings guidance for the third quarter of 2025. For the quarter, the company's revenue is expected to be in the range of $191.7 million to $193.2 million, representing 17% to 18% year-over-year growth. Net income per diluted share is expected to be in the range of $0.50 to $0.54, with fully diluted weighted average shares outstanding of 38.5 million shares. For the year, the company expects Revenue is expected to be in the range of $759.0 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $2.17 to $2.22, with fully diluted weighted average shares outstanding of 38.3 million shares.分析記事 • Jul 21Calculating 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...お知らせ • Jul 17SPS Commerce, Inc. to Report Q2, 2025 Results on Jul 30, 2025SPS Commerce, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025分析記事 • Jul 03SPS Commerce's (NASDAQ:SPSC) Returns Have Hit A WallFinding 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 15Earnings 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...お知らせ • May 02SPS Commerce, Inc. Enhances Offering to Include Suite of Services for Manufacturing Supply ChainSPS Commerce, Inc. announced Manufacturing Supply Chain Performance Suite, a Full-service EDI offering designed to help companies who manufacture products modernize and optimize their procurement and supply chain processes. Based on years of experience supporting these organizations, SPS developed this comprehensive solution to help brands, co-manufacturers, and co-packers achieve a better performing supply chain. With Manufacturing Supply Chain Performance Suite, customers can streamline their operations, reduce disruptions, and more efficiently produce and sell goods, allowing them to focus on quality, innovation and growth. In today's global manufacturing environment, production depends on the seamless coordination of raw materials and components sourced from suppliers around the world. As supply chains become more complex and interconnected, manufacturers, brands who manufacture products, co-manufacturers and co-packers face mounting pressure to minimize production line delays, maintain data accuracy, and stay agile in the face of disruptions like shifting threats, supplier changes, and transportation bottlenecks. Yet many manufacturers still manage procurement and communication through disconnected, manual processes that create inefficiencies, delays, and limited visibility into supplier performance and shipment status. Manufacturing Supply Chain Performance Suite from SPS Commerce solves these challenges by digitizing and standardizing how manufacturers collaborate with their suppliers. Customers receive full-service support and enjoy the unique benefit of the people, process and technology that has become synonymous with SPS Commerce. The comprehensive solution meets customers where they are at on their journey including: Evaluation of the current state of their supply chain, resulting in a change management program recommendation for both internal teams and external supplier partners. Supplier engagement tailored to their individual business needs whether they already have an EDI solution or need a new one. Ongoing guidance to ensure internal teams and external partners are continuing to adopt the changes. The ability to monitor and measure the business performance of the entire supply chain, and each individual supplier, to track performance against the baseline and drive continuous improvement. Benefits of the solution include: Process automation that reduces errors and speeds up daily operations, freeing up valuable time to focus on more strategic tasks. Real-time data exchange, providing manufacturers with the visibility and accuracy needed to proactively manage production and avoid costly delays. Simplified and streamlined supply chain collaboration that helps manufacturers stay on schedule, reducing risk and enabling efficient growth in an increasingly dynamic and distributed market. More efficient finance processes that improve cash flow and frees more working capital to invest in growth. Manufacturing Supply Chain Performance Suite by SPS Commerce is built on more than two decades of experience and over one million successful connections. The solution leverages SPS Commerce's unparalleled expertise to standardize requirements across diverse retailers, systems, fulfillment models and order channels. Built on the foundations of Full-Service EDI, its dedicated team provides not just technology, but also strategic guidance and change management, ensuring manufacturers stay in sync with evolving market demands.分析記事 • Apr 28Results: SPS Commerce, Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsIt's been a good week for SPS Commerce, Inc. ( NASDAQ:SPSC ) shareholders, because the company has just released its...Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.58 (up from US$0.49 in 1Q 2024). Revenue: US$181.5m (up 21% from 1Q 2024). Net income: US$22.2m (up 23% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 25SPS Commerce, Inc. Provides Earning Guidance for the Second Quarter and Fiscal Year 2025SPS Commerce, Inc. provided earning guidance for the Second Quarter and Fiscal Year 2025. For the quarter, the company expects revenue to be in the range of $184.5 million to $186.2 million, representing 20% to 21% year-over-year growth. Net income per diluted share is expected to be in the range of $0.41 to $0.44, with fully diluted weighted average shares outstanding of 38.8 million shares. For the full year, the company expects Revenue to be in the range of $758.5 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $2.06 to $2.13, with fully diluted weighted average shares outstanding of 38.7 million shares.分析記事 • Apr 25If EPS Growth Is Important To You, SPS Commerce (NASDAQ:SPSC) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Apr 11SPS Commerce, Inc. to Report Q1, 2025 Results on Apr 24, 2025SPS Commerce, Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025分析記事 • Apr 10A 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...Buy Or Sell Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to US$122. The fair value is estimated to be US$152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.お知らせ • Mar 31SPS Commerce, Inc., Annual General Meeting, May 13, 2025SPS Commerce, Inc., Annual General Meeting, May 13, 2025.Seeking Alpha • Mar 25SPS Commerce: Interesting TAM Expansion And Appears UndervaluedSummary 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 25Returns On Capital At SPS Commerce (NASDAQ:SPSC) Have StalledWhat 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 07Why We're Not Concerned Yet About SPS Commerce, Inc.'s (NASDAQ:SPSC) 27% Share Price PlungeThe SPS Commerce, Inc. ( NASDAQ:SPSC ) share price has fared very poorly over the last month, falling by a substantial...分析記事 • Mar 04Is 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...お知らせ • Mar 01SPS Commerce, Inc. Announces Board and Committee ChangesOn February 25, 2025, the Board of Directors (the “Board”) of SPS Commerce, Inc. (the “Company”) approved an increase in the size of the Board from seven to eight members and appointed Razat Gaurav as a director, effective March 6, 2025, to fill the vacancy created by the increase in the size of the Board. Mr. Gaurav will serve as a director until the 2025 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation, or removal. On February 25, 2025, James Ramsey, an independent member of the Board, advised the Company that he will not stand for re-election to the Board at the Company’s 2025 annual meeting of stockholders and intends to retire from the Board at that time. Mr. Ramsey has been a member of the Board since 2014 and currently serves on the Governance & Nominating Committee and the Finance & Strategy Committee. Mr. Ramsey’s decision to retire was not the result of any disagreement with the Company or management, and he will continue in his role as director until the 2025 annual meeting of stockholders.Recent Insider Transactions Derivative • Feb 20Executive VP & CFO notifies of intention to sell stockKimberly Nelson intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of February. If the sale is conducted around the recent share price of US$146, it would amount to US$590k. Since March 2024, Kimberly's direct individual holding has increased from 119.92k shares to 127.36k. Company insiders have collectively sold US$7.9m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Feb 17SPS Commerce's (NASDAQ:SPSC) Earnings Seem To Be PromisingDespite posting healthy earnings, SPS Commerce, Inc.'s ( NASDAQ:SPSC ) stock has been quite weak. Our analysis suggests...Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$146, the stock trades at a forward P/E ratio of 76x. Average forward P/E is 11x in the Software industry in the US. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$145 per share.Price Target Changed • Feb 12Price target decreased by 7.2% to US$201Down from US$217, the current price target is an average from 11 analysts. New target price is 32% above last closing price of US$153. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$1.91 for next year compared to US$2.07 last year.Reported Earnings • Feb 11Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: US$2.07 (up from US$1.80 in FY 2023). Revenue: US$637.8m (up 19% from FY 2023). Net income: US$77.1m (up 17% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 11SPS Commerce, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2025SPS Commerce, Inc. provided earnings guidance for the first quarter and full year of 2025. For the quarter, the company expects revenue is expected to be in the range of $178.5 million to $180.0 million, representing 19% to 20% year-over-year growth. Net income per diluted share is expected to be in the range of $0.39 to $0.41. For the year 2025, Revenue is expected to be in the range of $758.0 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $1.93 to $1.99.お知らせ • Feb 07SPS Commerce, Inc. (NasdaqGS:SPSC) completed the acquisition of Carbon6 Technologies, Inc.SPS Commerce, Inc. (NasdaqGS:SPSC) agreed to acquire Carbon6 Technologies, Inc for $210 million on December 30, 2024. The consideration consists of combination of cash and share. At the closing, SPS Commerce, Inc will issue certain stockholders of Carbon6 (the “Investors”) shares of common stock of the Company totaling approximately 40% of the Purchase Price. The closing of the Acquisition remains subject to the satisfaction of certain customary closing conditions and covenants in the Purchase Agreement, including the receipt of any necessary regulatory approvals. Jonathan R. Zimmerman and Ryan R. Miske of Faegre Drinker Biddle & Reath LLP acted as legal advisor for SPS Commerce, Inc. Craig W. Dent of Patterson Belknap Webb & Tyler LLP acted as legal advisor forstockholders of Carbon6 Technologies, Inc. SPS Commerce, Inc. (NasdaqGS:SPSC) completed the acquisition of Carbon6 Technologies, Inc on February 7, 2025.お知らせ • Jan 28SPS Commerce, Inc. to Report Q4, 2024 Results on Feb 10, 2025SPS Commerce, Inc. announced that they will report Q4, 2024 results After-Market on Feb 10, 2025分析記事 • Jan 16SPS Commerce, Inc.'s (NASDAQ:SPSC) Price Is Out Of Tune With RevenuesWith 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 04SPS Commerce: Continued Dealmaking Adds To The Growth PathSummary 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お知らせ • Jan 03SPS Commerce, Inc. (NasdaqGS:SPSC) agreed to acquire Carbon6 Technologies, Inc for $210 million.SPS Commerce, Inc. (NasdaqGS:SPSC) agreed to acquire Carbon6 Technologies, Inc for $210 million on December 30, 2024. The consideration consists of combination of cash and share. At the closing, SPS Commerce, Inc will issue certain stockholders of Carbon6 (the “Investors”) shares of common stock of the Company totaling approximately 40% of the Purchase Price. The closing of the Acquisition remains subject to the satisfaction of certain customary closing conditions and covenants in the Purchase Agreement, including the receipt of any necessary regulatory approvals. Jonathan R. Zimmerman and Ryan R. Miske of Faegre Drinker Biddle & Reath LLP acted as legal advisor for SPS Commerce, Inc. Craig W. Dent of Patterson Belknap Webb & Tyler LLP acted as legal advisor forstockholders of Carbon6 Technologies, Inc.分析記事 • Jan 02Estimating 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...Recent Insider Transactions Derivative • Dec 22Senior VP & Chief Sales Officer exercised options and sold US$840k worth of stockOn the 18th of December, Dan Juckniess exercised 6k options at a strike price of around US$56.25 and sold these shares for an average price of US$200 per share. This trade did not impact their existing holding. Since June 2024, Dan has owned 19.65k shares directly. Company insiders have collectively sold US$8.7m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Dec 05Is 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 08Is 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...Recent Insider Transactions Derivative • Nov 07CEO & Director notifies of intention to sell stockChadwick Collins intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of November. If the sale is conducted around the recent share price of US$167, it would amount to US$1.1m. For the year to December 2023, Chadwick's total compensation was 2% salary and 98% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Chadwick has owned 14.00 shares directly. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months.Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.63 (up from US$0.46 in 3Q 2023). Revenue: US$163.7m (up 21% from 3Q 2023). Net income: US$23.5m (up 39% from 3Q 2023). Profit margin: 14% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 25SPS Commerce, Inc. Provides Earnings Guidance for Fourth Quarter and Full Fiscal Year 2024SPS Commerce, Inc. provided earnings guidance for fourth quarter and full fiscal year 2024. For the quarter, the company's Revenue is expected to be in the range of $168.5 million to $169.5 million, representing 16% to 17% year-over-year growth. Net income per diluted share is expected to be in the range of $0.46 to $0.47, with fully diluted weighted average shares outstanding of 38.1 million shares. For the year, the company's Revenue is expected to be in the range of $635.4 million to $636.4 million, representing 18% to 19% growth over 2023. Net income per diluted share is expected to be in the range of $2.03 to $2.04, with fully diluted weighted average shares outstanding of 37.9 million shares.分析記事 • Oct 16SPS Commerce (NASDAQ:SPSC) Is Experiencing Growth In Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...お知らせ • Oct 11SPS Commerce, Inc. to Report Q3, 2024 Results on Oct 24, 2024SPS Commerce, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024分析記事 • Sep 28SPS Commerce, Inc.'s (NASDAQ:SPSC) Share Price Not Quite Adding UpYou 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 27Critical 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 23SPS Commerce (NASDAQ:SPSC) Ticks All The Boxes When It Comes To Earnings GrowthFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Recent Insider Transactions Derivative • Aug 19President & COO notifies of intention to sell stockJames Frome intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of August. If the sale is conducted around the recent share price of US$198, it would amount to US$729k. Since March 2024, James has owned 4.12k shares directly. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Aug 15Independent Director notifies of intention to sell stockSven Wehrwein intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$201, it would amount to US$403k. Since December 2023, Sven's direct individual holding has decreased from 17.39k shares to 16.21k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Aug 13Independent Director notifies of intention to sell stockSven Wehrwein intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$201, it would amount to US$403k. Since December 2023, Sven's direct individual holding has decreased from 17.39k shares to 16.21k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.New Risk • Aug 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.お知らせ • Aug 01SPS Commerce, Inc. (NasdaqGS:SPSC) acquired SupplyPike, Inc. for approximately $210 million.SPS Commerce, Inc. (NasdaqGS:SPSC) acquired SupplyPike, Inc. for approximately $210 million on July 31, 2024. SPS Commerce, Inc. acquired SupplyPike through a combination of cash and share consideration totaling approximately $206 million. A cash consideration of $119 million is paid, net of cash acquired and $87 million in SPS Commerce stock through issuance of an aggregate of 404,587 shares of SPS Commerce stock to SupplyPike. SPS Commerce, Inc. (NasdaqGS:SPSC) completed the acquisition of SupplyPike, Inc. on July 31, 2024.決済の安定と成長配当データの取得安定した配当: SPSCの 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: SPSCの配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場SPS Commerce 配当利回り対市場SPSC 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (SPSC)n/a市場下位25% (US)1.4%市場トップ25% (US)4.2%業界平均 (Software)0.9%アナリスト予想 (SPSC) (最長3年)0%注目すべき配当: SPSCは最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: SPSCは最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: SPSCの 配当性向 を計算して配当金の支払いが利益で賄われているかどうかを判断するにはデータが不十分です。株主配当金キャッシュフローカバレッジ: SPSCが配当金を報告していないため、配当金の持続可能性を計算できません。高配当企業の発掘7D1Y7D1Y7D1YUS 市場の強力な配当支払い企業。View Management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2026/05/29 10:05終値2026/05/29 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年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 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 VruwinkBairdJeffrey HoustonBarrington Research Associates, Inc.Mark SchappelBenchmark Company16 その他のアナリストを表示
お知らせ • Oct 31+ 2 more updatesSPS Commerce, Inc. (NasdaqGS:SPSC) announces an Equity Buyback for $100 million worth of its shares.SPS Commerce, Inc. (NasdaqGS:SPSC) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The program will be funded from existing cash and cash equivalents and future cash flows. The program will expire on December 1, 2027.
ナラティブの更新 • May 08SPSC: Reset Expectations And Buybacks Will Reframe Sentiment Despite Softer GuidanceThe 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.
お知らせ • May 03SPS Commerce, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2026SPS Commerce, Inc. provided earnings guidance for the second quarter and full year of 2026. For the quarter, revenue is expected to be in the range of $194.5 million to $196.5 million, representing 4% to 5% year-over-year growth, Net income per diluted share is expected to be in the range of $0.53 to $0.56, with fully diluted weighted average shares outstanding of 37.3 million shares. For the year, revenue is expected to be in the range of $796.0 million to $802.0 million, representing 6% to 7% growth over 2025, Net income per diluted share is expected to be in the range of $2.66 to $2.69, with fully diluted weighted average shares outstanding of 37.3 million shares.
Price Target Changed • May 01Price target decreased by 11% to US$72.91Down from US$82.09, the current price target is an average from 11 analysts. New target price is 24% above last closing price of US$58.92. Stock is down 59% over the past year. The company is forecast to post earnings per share of US$2.67 for next year compared to US$2.46 last year.
Reported Earnings • May 01First quarter 2026 earnings: EPS exceeds analyst expectationsFirst quarter 2026 results: EPS: US$0.53 (down from US$0.58 in 1Q 2025). Revenue: US$192.1m (up 5.8% from 1Q 2025). Net income: US$19.7m (down 11% from 1Q 2025). Profit margin: 10% (down from 12% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings.
ナラティブの更新 • Apr 23SPSC: Activist Sale Pressure Will Reframe Sentiment Despite Softer GuidanceAnalysts 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.
お知らせ • Apr 17SPS Commerce, Inc. to Report Q1, 2026 Results on Apr 30, 2026SPS Commerce, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026
お知らせ • Apr 15SPS Commerce, Inc., Annual General Meeting, May 28, 2026SPS Commerce, Inc., Annual General Meeting, May 28, 2026.
ナラティブの更新 • Apr 09SPSC: Share Repurchases And Potential Sale Will Support Future ReturnsAnalysts 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 25SPSC: Activist Sale Pressure And AI Rollout Will Reframe SentimentAnalysts 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 11SPSC: Activist Sale Push And AI Suite Will Reset SentimentWe 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.
Board Change • Mar 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Mike McConnell was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
ナラティブの更新 • Feb 24SPSC: Share Repurchases Will Support Returns As FY26 Headwinds EaseOur 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.
Recent Insider Transactions Derivative • Feb 22Executive VP & CFO notifies of intention to sell stockKimberly Nelson intends to sell 6k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of February. If the sale is conducted around the recent share price of US$58.35, it would amount to US$368k. Since March 2025, Kimberly has owned 119.95k shares directly. Company insiders have collectively bought US$43k more than they sold, via options and on-market transactions, in the last 12 months.
分析記事 • Feb 15SPS Commerce, Inc. Just Recorded A 5.8% EPS Beat: Here's What Analysts Are Forecasting NextOne of the biggest stories of last week was how SPS Commerce, Inc. ( NASDAQ:SPSC ) shares plunged 22% in the week since...
Price Target Changed • Feb 15Price target decreased by 16% to US$83.91Down from US$99.82, the current price target is an average from 11 analysts. New target price is 36% above last closing price of US$61.92. Stock is down 58% over the past year. The company is forecast to post earnings per share of US$2.55 for next year compared to US$2.46 last year.
Reported Earnings • Feb 13Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: US$2.46 (up from US$2.07 in FY 2024). Revenue: US$751.5m (up 18% from FY 2024). Net income: US$93.3m (up 21% from FY 2024). Profit margin: 12% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
お知らせ • Feb 13+ 3 more updatesSPS Commerce, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2026SPS Commerce, Inc. provided earnings guidance for the first quarter and full year of 2026. For the quarter, revenue is expected to be in the range of $191.6 million to $193.6 million, representing 6% to 7% year-over-year growth. Net income per diluted share is expected to be in the range of $0.46 to $0.49, with fully diluted weighted average shares outstanding of 38.2 million shares. For the year, revenue is expected to be in the range of $798.5 million to $806.9 million, representing 6% to 7% growth over 2025. Net income per diluted share is expected to be in the range of $2.50 to $2.58, with fully diluted weighted average shares outstanding of 38.4 million shares.
分析記事 • Feb 12More 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...
Valuation Update With 7 Day Price Move • Feb 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$68.53, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 13x in the Software industry in the US. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$130 per share.
お知らせ • Feb 11SPS Commerce Introduces Max, New Capabilities Embedded in SPS' Agentic Supply Chain NetworkSPS Commerce announced MAX, delivering new and unparalleled agentic capabilities. MAX draws on 300,000 trading connections, decades of expertise, proprietary network intelligence, and billions of transactions to help customers unlock greater value from AI. This announcement builds on SPS Commerce's recent introduction of AI-driven Fulfillment capabilities, representing a meaningful step forward in how customers experience and benefit from artificial intelligence across the supply chain. Unlike other AI tools in the market that surface dashboards, answer isolated questions or focus on proactive activities like mapping, MAX is embedded into existing supply chain workflows assessing and guiding customer connections to support the success of their business and trading relationships. MAX will initially be launched with three features: Chat, Monitor, and Connect. MAX Chat: Day-to-Day, Reinvented Chat is embedded directly into day-to-day operations. Customers will now have more direct access to the proprietary insights for working with trading partners. MAX will use these insights to spot patterns that signal potential issues, guide workflows at each step, and help teams resolve problems before they become chargebacks or rejected shipments. MAX Monitor: Always On. always Working: MAX continuously monitors transactions, workflow requirements, and exceptions across the 300,000 connections and billions of transactions across the network. It helps to automate routine tasks, surfaces critical insights proactively, and keeps operations moving by supporting teams even when they are offline saving time while improving performance. MAX Connect: Designed to Work Wherever You Do Ready for the agentic future, MAX Connect supports Model Context Protocol (MCP) and is built to collaborate with other agents across the ecosystem MAXimizing the impact of AI for retailers, suppliers, and logistics partners. MAX can collaborate with AI peers, ERPs, CRMs, and data platforms to bring network intelligence into existing workflows.
ナラティブの更新 • Feb 10SPSC: Activist Sale Pressure And New Capabilities Will Support Sentiment ResetAnalysts 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.
お知らせ • Feb 02SPS Commerce, Inc. to Report Q4, 2025 Results on Feb 12, 2026SPS Commerce, Inc. announced that they will report Q4, 2025 results at 4:00 PM, US Eastern Standard Time on Feb 12, 2026
ナラティブの更新 • Jan 27SPSC: Share Repurchases And New Products Will Offset Forecasting SetbacksAnalysts 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 11SPSC: Share Repurchases And Product Expansion Will Support Sentiment ResetAnalysts 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.
お知らせ • Jan 09SPS Commerce, Inc. Announces New Product Innovations Enabling Retailers and Brands to Meet the Needs of Evolving Supply ChainsSPS Commerce, Inc. announced new products and capabilities to address four key trends reshaping how goods move from creation to consumption. These trends are based on insights from its team of supply chain experts and intelligence from its network, which enables over 750 million transactions annually. This capability connects SAP S/4HANA Private and Public Cloud editions directly to the SPS network, simplifying integrations and supporting real-time visibility across every connected channel. System Automation for Shopify - Shopify sellers expanding into retail often struggle to manage multiple ordering systems. This capability centralizes all orders, inventory, and shipping updates in one place and provides retailers with a consistent, accurate view of order status as sellers expand into more complex omnichannel operations. Companies across retail and manufacturing are shifting away from single-source supply networks toward more regional and diversified models. This transition introduces new partners, new geographies, and new layers of complexity. As production footprints shift, both retailers and suppliers must stay aligned with partners they have never worked with before and maintain visibility into performance across more tiers of the supply chain. SPS Commerce Relationship Center - enables companies to bring on new partners and expand into new regions. It streamlines onboarding, reduces time to revenue, and keeps both sides aligned during transitions, so disruptions are minimized. SPS Relationship Center gives retailers and suppliers a shared space to exchange item data, compliance requirements, and operational information. Every step of the supply chain is under scrutiny, meaning Manufacturers are also rewiring their own supply networks as they add new raw material providers, component suppliers, and production partners. The SPS Commerce Manufacturing Suite helps manufacturers improve the performance of their upstream supplier networks. By improving visibility into quality, timeliness, and production reliability, the solution supports more resilient manufacturing operations as companies diversify their supply bases. Retailers and suppliers are operating in a market where demand patterns shift frequently and often without warning.
ナラティブの更新 • Dec 25SPSC: Share Repurchases Will Support Confidence After Growth Expectations ResetAnalysts 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.
Seeking Alpha • Dec 17SPS Commerce: Finally About To See Some Fundamental SupportSummary SPS Commerce has long been combining organic growth with M&A, while it traded at dazzling premiums. Slower organic growth triggered a huge setback in prices and expectations. Though slowing, growth remains solid as fundamental support comes in sight here. Read the full article on Seeking Alpha
ナラティブの更新 • Dec 11SPSC: Share Repurchases And Durable Cash Flows Will Support Future UpsideAnalysts 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 09Returns On Capital At SPS Commerce (NASDAQ:SPSC) Have StalledWhat 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 27SPSC: Share Buybacks And Cash Flow Will Drive Further UpsideAnalysts 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 12SPSC: Share Buybacks And Cash Flow Will Support Investor ConfidenceAnalysts 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.
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to US$81.21, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 7x in the Software industry in the US. Total loss to shareholders of 32% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$129 per share.
Reported Earnings • Oct 31Third quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2025 results: EPS: US$0.68 (up from US$0.63 in 3Q 2024). Revenue: US$189.9m (up 16% from 3Q 2024). Net income: US$25.6m (up 9.0% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) exceeded analyst estimates by 30%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Oct 31Now 33% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to US$82.24. The fair value is estimated to be US$123, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 44% in the next 2 years.
お知らせ • Oct 31+ 2 more updatesSPS Commerce, Inc. (NasdaqGS:SPSC) announces an Equity Buyback for $100 million worth of its shares.SPS Commerce, Inc. (NasdaqGS:SPSC) announces a share repurchase program. Under the program, the company will repurchase up to $100 million worth of its shares. The program will be funded from existing cash and cash equivalents and future cash flows. The program will expire on December 1, 2027.
ナラティブの更新 • Oct 29Recurring Revenue And Market Position Will Drive Potential Upside Into Year EndAnalysts 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.
お知らせ • Oct 17SPS Commerce, Inc. to Report Q3, 2025 Results on Oct 30, 2025SPS Commerce, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
ナラティブの更新 • Oct 14Cloud-based EDI And Omni-Channel Analytics Will Strengthen Retail Supply ChainsAnalysts 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 25Cloud-based EDI And Omni-Channel Analytics Will Strengthen Retail Supply ChainsAnalysts 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.
Buy Or Sell Opportunity • Aug 25Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 23% to US$112. The fair value is estimated to be US$145, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
お知らせ • Aug 21SPS Commerce, Inc. Approves Appointment of Mark Partin as Director, Member of the Audit Committee, Effective August 18, 2025On August 18, 2025, the Board of Directors of SPS Commerce, Inc. approved an increase in the size of the Board from seven to eight members and appointed Mark Partin as a director, effective August 18, 2025. Mr. Partin will serve as a director until the 2026 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation, or removal. The Board determined that Mr. Partin qualifies as an independent director pursuant to the listing standards of the Nasdaq Stock Market and the rules of the U.S. Securities and Exchange Commission (the SEC). The Board has also appointed Mr. Partin to serve on the Audit Committee.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to US$110, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 2x in the Software industry in the US. Total loss to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$144 per share.
Price Target Changed • Jul 31Price target decreased by 12% to US$156Down from US$178, the current price target is an average from 11 analysts. New target price is 44% above last closing price of US$109. Stock is down 48% over the past year. The company is forecast to post earnings per share of US$2.19 for next year compared to US$2.07 last year.
Buy Or Sell Opportunity • Jul 31Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to US$109. The fair value is estimated to be US$144, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
お知らせ • Jul 31SPS Commerce, Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2025SPS Commerce, Inc. provided earnings guidance for the third quarter of 2025. For the quarter, the company's revenue is expected to be in the range of $191.7 million to $193.2 million, representing 17% to 18% year-over-year growth. Net income per diluted share is expected to be in the range of $0.50 to $0.54, with fully diluted weighted average shares outstanding of 38.5 million shares. For the year, the company expects Revenue is expected to be in the range of $759.0 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $2.17 to $2.22, with fully diluted weighted average shares outstanding of 38.3 million shares.
分析記事 • Jul 21Calculating 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...
お知らせ • Jul 17SPS Commerce, Inc. to Report Q2, 2025 Results on Jul 30, 2025SPS Commerce, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025
分析記事 • Jul 03SPS Commerce's (NASDAQ:SPSC) Returns Have Hit A WallFinding 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 15Earnings 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...
お知らせ • May 02SPS Commerce, Inc. Enhances Offering to Include Suite of Services for Manufacturing Supply ChainSPS Commerce, Inc. announced Manufacturing Supply Chain Performance Suite, a Full-service EDI offering designed to help companies who manufacture products modernize and optimize their procurement and supply chain processes. Based on years of experience supporting these organizations, SPS developed this comprehensive solution to help brands, co-manufacturers, and co-packers achieve a better performing supply chain. With Manufacturing Supply Chain Performance Suite, customers can streamline their operations, reduce disruptions, and more efficiently produce and sell goods, allowing them to focus on quality, innovation and growth. In today's global manufacturing environment, production depends on the seamless coordination of raw materials and components sourced from suppliers around the world. As supply chains become more complex and interconnected, manufacturers, brands who manufacture products, co-manufacturers and co-packers face mounting pressure to minimize production line delays, maintain data accuracy, and stay agile in the face of disruptions like shifting threats, supplier changes, and transportation bottlenecks. Yet many manufacturers still manage procurement and communication through disconnected, manual processes that create inefficiencies, delays, and limited visibility into supplier performance and shipment status. Manufacturing Supply Chain Performance Suite from SPS Commerce solves these challenges by digitizing and standardizing how manufacturers collaborate with their suppliers. Customers receive full-service support and enjoy the unique benefit of the people, process and technology that has become synonymous with SPS Commerce. The comprehensive solution meets customers where they are at on their journey including: Evaluation of the current state of their supply chain, resulting in a change management program recommendation for both internal teams and external supplier partners. Supplier engagement tailored to their individual business needs whether they already have an EDI solution or need a new one. Ongoing guidance to ensure internal teams and external partners are continuing to adopt the changes. The ability to monitor and measure the business performance of the entire supply chain, and each individual supplier, to track performance against the baseline and drive continuous improvement. Benefits of the solution include: Process automation that reduces errors and speeds up daily operations, freeing up valuable time to focus on more strategic tasks. Real-time data exchange, providing manufacturers with the visibility and accuracy needed to proactively manage production and avoid costly delays. Simplified and streamlined supply chain collaboration that helps manufacturers stay on schedule, reducing risk and enabling efficient growth in an increasingly dynamic and distributed market. More efficient finance processes that improve cash flow and frees more working capital to invest in growth. Manufacturing Supply Chain Performance Suite by SPS Commerce is built on more than two decades of experience and over one million successful connections. The solution leverages SPS Commerce's unparalleled expertise to standardize requirements across diverse retailers, systems, fulfillment models and order channels. Built on the foundations of Full-Service EDI, its dedicated team provides not just technology, but also strategic guidance and change management, ensuring manufacturers stay in sync with evolving market demands.
分析記事 • Apr 28Results: SPS Commerce, Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsIt's been a good week for SPS Commerce, Inc. ( NASDAQ:SPSC ) shareholders, because the company has just released its...
Reported Earnings • Apr 25First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: US$0.58 (up from US$0.49 in 1Q 2024). Revenue: US$181.5m (up 21% from 1Q 2024). Net income: US$22.2m (up 23% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 25SPS Commerce, Inc. Provides Earning Guidance for the Second Quarter and Fiscal Year 2025SPS Commerce, Inc. provided earning guidance for the Second Quarter and Fiscal Year 2025. For the quarter, the company expects revenue to be in the range of $184.5 million to $186.2 million, representing 20% to 21% year-over-year growth. Net income per diluted share is expected to be in the range of $0.41 to $0.44, with fully diluted weighted average shares outstanding of 38.8 million shares. For the full year, the company expects Revenue to be in the range of $758.5 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $2.06 to $2.13, with fully diluted weighted average shares outstanding of 38.7 million shares.
分析記事 • Apr 25If EPS Growth Is Important To You, SPS Commerce (NASDAQ:SPSC) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Apr 11SPS Commerce, Inc. to Report Q1, 2025 Results on Apr 24, 2025SPS Commerce, Inc. announced that they will report Q1, 2025 results After-Market on Apr 24, 2025
分析記事 • Apr 10A 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...
Buy Or Sell Opportunity • Apr 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 34% to US$122. The fair value is estimated to be US$152, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 18% per annum over the same time period.
お知らせ • Mar 31SPS Commerce, Inc., Annual General Meeting, May 13, 2025SPS Commerce, Inc., Annual General Meeting, May 13, 2025.
Seeking Alpha • Mar 25SPS Commerce: Interesting TAM Expansion And Appears UndervaluedSummary 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 25Returns On Capital At SPS Commerce (NASDAQ:SPSC) Have StalledWhat 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 07Why We're Not Concerned Yet About SPS Commerce, Inc.'s (NASDAQ:SPSC) 27% Share Price PlungeThe SPS Commerce, Inc. ( NASDAQ:SPSC ) share price has fared very poorly over the last month, falling by a substantial...
分析記事 • Mar 04Is 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...
お知らせ • Mar 01SPS Commerce, Inc. Announces Board and Committee ChangesOn February 25, 2025, the Board of Directors (the “Board”) of SPS Commerce, Inc. (the “Company”) approved an increase in the size of the Board from seven to eight members and appointed Razat Gaurav as a director, effective March 6, 2025, to fill the vacancy created by the increase in the size of the Board. Mr. Gaurav will serve as a director until the 2025 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation, or removal. On February 25, 2025, James Ramsey, an independent member of the Board, advised the Company that he will not stand for re-election to the Board at the Company’s 2025 annual meeting of stockholders and intends to retire from the Board at that time. Mr. Ramsey has been a member of the Board since 2014 and currently serves on the Governance & Nominating Committee and the Finance & Strategy Committee. Mr. Ramsey’s decision to retire was not the result of any disagreement with the Company or management, and he will continue in his role as director until the 2025 annual meeting of stockholders.
Recent Insider Transactions Derivative • Feb 20Executive VP & CFO notifies of intention to sell stockKimberly Nelson intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 19th of February. If the sale is conducted around the recent share price of US$146, it would amount to US$590k. Since March 2024, Kimberly's direct individual holding has increased from 119.92k shares to 127.36k. Company insiders have collectively sold US$7.9m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Feb 17SPS Commerce's (NASDAQ:SPSC) Earnings Seem To Be PromisingDespite posting healthy earnings, SPS Commerce, Inc.'s ( NASDAQ:SPSC ) stock has been quite weak. Our analysis suggests...
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to US$146, the stock trades at a forward P/E ratio of 76x. Average forward P/E is 11x in the Software industry in the US. Total returns to shareholders of 17% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$145 per share.
Price Target Changed • Feb 12Price target decreased by 7.2% to US$201Down from US$217, the current price target is an average from 11 analysts. New target price is 32% above last closing price of US$153. Stock is down 22% over the past year. The company is forecast to post earnings per share of US$1.91 for next year compared to US$2.07 last year.
Reported Earnings • Feb 11Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: US$2.07 (up from US$1.80 in FY 2023). Revenue: US$637.8m (up 19% from FY 2023). Net income: US$77.1m (up 17% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 11SPS Commerce, Inc. Provides Earnings Guidance for the First Quarter and Full Year of 2025SPS Commerce, Inc. provided earnings guidance for the first quarter and full year of 2025. For the quarter, the company expects revenue is expected to be in the range of $178.5 million to $180.0 million, representing 19% to 20% year-over-year growth. Net income per diluted share is expected to be in the range of $0.39 to $0.41. For the year 2025, Revenue is expected to be in the range of $758.0 million to $763.0 million, representing 19% to 20% growth over 2024. Net income per diluted share is expected to be in the range of $1.93 to $1.99.
お知らせ • Feb 07SPS Commerce, Inc. (NasdaqGS:SPSC) completed the acquisition of Carbon6 Technologies, Inc.SPS Commerce, Inc. (NasdaqGS:SPSC) agreed to acquire Carbon6 Technologies, Inc for $210 million on December 30, 2024. The consideration consists of combination of cash and share. At the closing, SPS Commerce, Inc will issue certain stockholders of Carbon6 (the “Investors”) shares of common stock of the Company totaling approximately 40% of the Purchase Price. The closing of the Acquisition remains subject to the satisfaction of certain customary closing conditions and covenants in the Purchase Agreement, including the receipt of any necessary regulatory approvals. Jonathan R. Zimmerman and Ryan R. Miske of Faegre Drinker Biddle & Reath LLP acted as legal advisor for SPS Commerce, Inc. Craig W. Dent of Patterson Belknap Webb & Tyler LLP acted as legal advisor forstockholders of Carbon6 Technologies, Inc. SPS Commerce, Inc. (NasdaqGS:SPSC) completed the acquisition of Carbon6 Technologies, Inc on February 7, 2025.
お知らせ • Jan 28SPS Commerce, Inc. to Report Q4, 2024 Results on Feb 10, 2025SPS Commerce, Inc. announced that they will report Q4, 2024 results After-Market on Feb 10, 2025
分析記事 • Jan 16SPS Commerce, Inc.'s (NASDAQ:SPSC) Price Is Out Of Tune With RevenuesWith 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 04SPS Commerce: Continued Dealmaking Adds To The Growth PathSummary 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
お知らせ • Jan 03SPS Commerce, Inc. (NasdaqGS:SPSC) agreed to acquire Carbon6 Technologies, Inc for $210 million.SPS Commerce, Inc. (NasdaqGS:SPSC) agreed to acquire Carbon6 Technologies, Inc for $210 million on December 30, 2024. The consideration consists of combination of cash and share. At the closing, SPS Commerce, Inc will issue certain stockholders of Carbon6 (the “Investors”) shares of common stock of the Company totaling approximately 40% of the Purchase Price. The closing of the Acquisition remains subject to the satisfaction of certain customary closing conditions and covenants in the Purchase Agreement, including the receipt of any necessary regulatory approvals. Jonathan R. Zimmerman and Ryan R. Miske of Faegre Drinker Biddle & Reath LLP acted as legal advisor for SPS Commerce, Inc. Craig W. Dent of Patterson Belknap Webb & Tyler LLP acted as legal advisor forstockholders of Carbon6 Technologies, Inc.
分析記事 • Jan 02Estimating 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...
Recent Insider Transactions Derivative • Dec 22Senior VP & Chief Sales Officer exercised options and sold US$840k worth of stockOn the 18th of December, Dan Juckniess exercised 6k options at a strike price of around US$56.25 and sold these shares for an average price of US$200 per share. This trade did not impact their existing holding. Since June 2024, Dan has owned 19.65k shares directly. Company insiders have collectively sold US$8.7m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Dec 05Is 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 08Is 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...
Recent Insider Transactions Derivative • Nov 07CEO & Director notifies of intention to sell stockChadwick Collins intends to sell 7k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of November. If the sale is conducted around the recent share price of US$167, it would amount to US$1.1m. For the year to December 2023, Chadwick's total compensation was 2% salary and 98% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Chadwick has owned 14.00 shares directly. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months.
Reported Earnings • Oct 25Third quarter 2024 earnings: EPS and revenues exceed analyst expectationsThird quarter 2024 results: EPS: US$0.63 (up from US$0.46 in 3Q 2023). Revenue: US$163.7m (up 21% from 3Q 2023). Net income: US$23.5m (up 39% from 3Q 2023). Profit margin: 14% (up from 12% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 22%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 25SPS Commerce, Inc. Provides Earnings Guidance for Fourth Quarter and Full Fiscal Year 2024SPS Commerce, Inc. provided earnings guidance for fourth quarter and full fiscal year 2024. For the quarter, the company's Revenue is expected to be in the range of $168.5 million to $169.5 million, representing 16% to 17% year-over-year growth. Net income per diluted share is expected to be in the range of $0.46 to $0.47, with fully diluted weighted average shares outstanding of 38.1 million shares. For the year, the company's Revenue is expected to be in the range of $635.4 million to $636.4 million, representing 18% to 19% growth over 2023. Net income per diluted share is expected to be in the range of $2.03 to $2.04, with fully diluted weighted average shares outstanding of 37.9 million shares.
分析記事 • Oct 16SPS Commerce (NASDAQ:SPSC) Is Experiencing Growth In Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
お知らせ • Oct 11SPS Commerce, Inc. to Report Q3, 2024 Results on Oct 24, 2024SPS Commerce, Inc. announced that they will report Q3, 2024 results After-Market on Oct 24, 2024
分析記事 • Sep 28SPS Commerce, Inc.'s (NASDAQ:SPSC) Share Price Not Quite Adding UpYou 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 27Critical 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 23SPS Commerce (NASDAQ:SPSC) Ticks All The Boxes When It Comes To Earnings GrowthFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Recent Insider Transactions Derivative • Aug 19President & COO notifies of intention to sell stockJames Frome intends to sell 4k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of August. If the sale is conducted around the recent share price of US$198, it would amount to US$729k. Since March 2024, James has owned 4.12k shares directly. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Aug 15Independent Director notifies of intention to sell stockSven Wehrwein intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$201, it would amount to US$403k. Since December 2023, Sven's direct individual holding has decreased from 17.39k shares to 16.21k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Aug 13Independent Director notifies of intention to sell stockSven Wehrwein intends to sell 2k shares in the next 90 days after lodging an Intent To Sell Form on the 9th of August. If the sale is conducted around the recent share price of US$201, it would amount to US$403k. Since December 2023, Sven's direct individual holding has decreased from 17.39k shares to 16.21k. Company insiders have collectively sold US$19m more than they bought, via options and on-market transactions in the last 12 months.
New Risk • Aug 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.3% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
お知らせ • Aug 01SPS Commerce, Inc. (NasdaqGS:SPSC) acquired SupplyPike, Inc. for approximately $210 million.SPS Commerce, Inc. (NasdaqGS:SPSC) acquired SupplyPike, Inc. for approximately $210 million on July 31, 2024. SPS Commerce, Inc. acquired SupplyPike through a combination of cash and share consideration totaling approximately $206 million. A cash consideration of $119 million is paid, net of cash acquired and $87 million in SPS Commerce stock through issuance of an aggregate of 404,587 shares of SPS Commerce stock to SupplyPike. SPS Commerce, Inc. (NasdaqGS:SPSC) completed the acquisition of SupplyPike, Inc. on July 31, 2024.
