Consensus SPS Commerce, Inc.

Equities

SPSC

US78463M1071

Software

Real-time Estimate Cboe BZX Other stock markets 19:10:14 11/05/2026 +04			5-day change	1st Jan Change
53.82 ^USD	-4.69%		-7.57%	-39.29%

05-01	SPS Commerce Q1 Disappoints, Amazon Headwinds Weigh on Growth, Morgan Stanley Says	MT
05-01	Morgan Stanley Cuts Price Target on SPS Commerce to $70 From $95, Keeps Equalweight Rating	MT

Evolution of the Average Target: SPS Commerce, Inc.

Evolution of the Target Price: SPS Commerce, Inc.

Changes in Analyst Recommendations: SPS Commerce, Inc.

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Analysts' recommendations: SPS Commerce, Inc.

05-01	SPS Commerce Q1 Disappoints, Amazon Headwinds Weigh on Growth, Morgan Stanley Says	MT
05-01	Morgan Stanley Cuts Price Target on SPS Commerce to $70 From $95, Keeps Equalweight Rating	MT
04-16	Rothschild & Co Redburn Downgrades SPS Commerce to Neutral From Buy, Adjusts PT to $60 From $80	MT
04-16	Analyst recommendations: Flutter, PayPal, Stellantis, Intel, Marvell…
02-13	Morgan Stanley Trims Price Target on SPS Commerce to $95 From $100, Keeps Equalweight Rating	MT
12-19	Analyst recommendations: Lockheed Martin, Paccar, Carmax, FactSet, FedEx…
11-11	SPS Commerce's Near-Term Growth Remains Constrained by Marco Environment, Morgan Stanley Says	MT
11-11	Morgan Stanley Downgrades SPS Commerce to Equal Weight From Overweight, Cuts Price Target to $100 From $140	MT
11-03	Analyst recommendations: Apple, Meta Platforms, Netflix, Alphabet, Coinbase…
31/10/25	SPS Commerce Shares Fall After Stifel Nicolaus, Cantor Fitzgerald Downgrades	MT
31/10/25	Cantor Fitzgerald Downgrades SPS Commerce to Neutral From Overweight, Adjusts PT to $80 From $135	MT
31/10/25	Stifel Nicolaus Downgrades SPS Commerce to Hold From Buy, Adjusts Price Target to $80 From $150	MT
31/10/25	Analyst recommendations: Comcast, Roblox, Alphabet, Reddit, Western Digital…
14/10/25	Manhattan Associates, SPS Commerce 'Reset Growth Expectations,' Morgan Stanley Says	MT
14/10/25	Morgan Stanley Cuts Price Target on SPS Commerce to $140 From $170, Keeps Overweight Rating	MT
24/09/25	Analyst recommendations: Adobe, Lyft, Micron, Rambus, Sandisk…
31/07/25	SPS Commerce Shares Fall After Loop Capital Downgrade Follows Q2 Results	MT
31/07/25	Loop Capital Downgrades SPS Commerce to Hold From Buy, Adjusts Price Target to $120 From $175	MT
31/07/25	SPS Commerce beats Q2 revenue expectations	RE
14/07/25	SPS Commerce Poised to Capture EDI Market Share, Morgan Stanley Says	MT
14/07/25	Morgan Stanley Initiates SPS Commerce at Overweight With $180 Price Target	MT
03/06/25	Cantor Fitzgerald Initiates SPS Commerce at Overweight With $170 Price Target	MT
25/11/24	Piper Sandler Initiates SPS Commerce at Neutral With $198 Price Target	MT
29/07/24	Northland Downgrades SPS Commerce to Market Perform From Outperform, Adjusts Price Target to $209 From $205	MT
14/05/24	Redburn Atlantic Starts SPS Commerce With Buy Rating, $220 Price Target	MT

More recommendations

Sector Comparison:

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Consensus	Analysts' recommendations evolution (4 months)	Financial estimates divergence	Analysts' Target price divergence	Objective/dr gap
	SPS COMMERCE, INC.					+20.58%
	ORACLE CORPORATION					+23.55%
	SAP SE					+48.07%
	SERVICENOW, INC.					+59.32%
	STRATEGY INCORPORATED					+102.8%
	CONSTELLATION SOFTWARE INC.					+59%
	FAIR ISAAC CORPORATION					+38.72%
	TOAST, INC.					+41.64%
	TRIMBLE, INC.					+43.64%
	GUIDEWIRE SOFTWARE, INC.					+68.35%
	Average					+50.57%
	Weighted average by Cap.					+39.41%

See all sector consensus

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

56.47USD

Average target price

68.09USD

Spread / Average Target

+20.58%

High Price Target

103.00USD

Spread / Highest target

+82.40%

Low Price Target

55.00USD

Spread / Lowest Target

-2.60%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

Morgan Stanley
Rothschild & Co Redburn
Stifel Nicolaus
Cantor Fitzgerald
Loop Capital
Piper Sandler
Redburn Atlantic
Citigroup
DA Davidson
Northland Securities
Needham & Co.
Craig-Hallum
JMP Securities
Baird