SPSC logo

SPS Commerce, Inc. Stock Price

NasdaqGS:SPSC Community·US$2.9b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 15 Fair Values set on narratives written by author

SPSC Share Price Performance

US$81.09
-31.14 (-27.75%)
US$73.18
Fair Value
US$81.09
-31.14 (-27.75%)
10.8% overvalued intrinsic discount
US$73.18
Fair Value
Price US$81.09
AnalystConsensusTarget US$73.18
AnalystHighTarget US$93.92
AnalystLowTarget US$59.00

SPSC Community Narratives

·
Fair Value US$73.18 10.8% overvalued intrinsic discount

Recurring Revenue And Market Position Will Drive Potential Upside Into Year End

0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
·
Fair Value US$93.92 13.7% undervalued intrinsic discount

Digitization And E-Commerce Will Expand Automated Supply Networks

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
·
Fair Value US$59 37.4% overvalued intrinsic discount

AI And Retail Network Data Will Shape A Moderately Favorable Long Term Outlook

0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
US$93.92
13.7% undervalued intrinsic discount
Revenue
7.91% p.a.
Profit Margin
16.64%
Future PE
24.9x
Price in 2029
US$118.96

Trending Discussion

No trending discussion available.

Updated Narratives

SPSC logo

SPSC: Potential Sale And Buybacks Will Shape Returns As Execution Scrutiny Persists

Fair Value: US$73.18 10.8% overvalued intrinsic discount
3 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
SPSC logo

SPSC: Execution Risks Will Shape Reaction To Q2 Beat And Sale Exploration

Fair Value: US$59 37.4% overvalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
SPSC logo

SPSC: Execution And Buybacks Will Drive Rebound Despite Recent Downgrades

Fair Value: US$93.92 13.7% undervalued intrinsic discount
0 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative

Snowflake Analysis

Flawless balance sheet and fair value.

0 Risks
2 Rewards

SPS Commerce, Inc. Key Details

US$772.5m

Revenue

US$233.1m

Cost of Revenue

US$539.4m

Gross Profit

US$461.4m

Other Expenses

US$78.0m

Earnings

Last Reported Earnings
Jun 30, 2026
Next Reporting Earnings
n/a
2.17
69.82%
10.10%
0%
View Full Analysis

About SPSC

Founded
1987
Employees
2948
CEO
Chadwick Collins
WebsiteView website
www.spscommerce.com

SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and relationship management product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.

Recent SPSC News & Updates

Narrative Update Aug 18

SPSC: Potential Sale And Buybacks Will Shape Returns As Execution Scrutiny Persists

The analyst price target for SPS Commerce has been revised higher from $68.09 to $73.18 as analysts factor in updated assumptions for profitability, revenue growth, discount rate and future P/E following recent research commentary and Q2 results. Analyst Commentary Recent research on SPS Commerce shows a mix of optimism around execution and product traction alongside caution on valuation and consistency of results.
Seeking Alpha Aug 13

AI Strategy Enhances SPS Commerce's Appeal And Potential Network Value

Summary SPS Commerce remains a Buy as its Gen AI strategy potentially enhances network value and positions the company for future growth. SPSC reported Q2 2026 results ahead of estimates, with 6% YoY revenue growth, improved gross margin, and robust operating leverage. The company’s clean balance sheet, aggressive stock buybacks, and discounted valuation (3.2x FWD revenue, 9.5x FWD EBITDA) support upside potential. Early-stage Gen AI initiatives (MAX suite) present adoption and monetization risks, but SPSC’s network moat and transaction-based model underpin my optimism. Read the full article on Seeking Alpha

Recent updates

No updates