Consensus SPS Commerce, Inc.

Equities

SPSC

US78463M1071

Software

Market Closed - Nasdaq Other stock markets 00:00:00 10/03/2026 +04			5-day change	1st Jan Change
62.17 ^USD	-2.43%		+6.44%	-30.25%

03-04	SPS Commerce, Inc. Presents at Morgan Stanley Technology, Media & Telecom Conference 2026, Mar-04-2026 08:30 AM
02-13	Morgan Stanley Trims Price Target on SPS Commerce to $95 From $100, 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.

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
13/03/24	Citigroup Initiates SPS Commerce With Buy Rating, $216 Price Target	MT
14/11/23	DA Davidson Starts SPS Commerce With Buy Rating, Price Target is $200	MT
27/10/23	Northland Upgrades SPS Commerce to Outperform From Market Perform, Increases Price Target to $177 From $175	MT
07/07/23	Stifel Adjusts Price Target on SPS Commerce to $200 From $165, Maintains Buy Rating	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.					+32.04%
	ORACLE CORPORATION					+66.98%
	SAP SE					+43.5%
	SERVICENOW, INC.					+55.56%
	CONSTELLATION SOFTWARE INC.					+43.04%
	STRATEGY INCORPORATED					+183.83%
	FAIR ISAAC CORPORATION					+35.7%
	TOAST, INC.					+26.2%
	TRIMBLE, INC.					+29.17%
	HUBSPOT, INC.					+32.14%
	Average					+54.82%
	Weighted average by Cap.					+61.24%

See all sector consensus

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

62.17USD

Average target price

82.09USD

Spread / Average Target

+32.04%

High Price Target

110.00USD

Spread / Highest target

+76.93%

Low Price Target

65.00USD

Spread / Lowest Target

+4.55%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

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