SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
83.70
+0.07 (0.08%)
Dec 5, 2025, 4:00 PM EST - Market closed
SPS Commerce Stock Forecast
Stock Price Forecast
According to 11 professional analysts, the 12-month price target for SPS Commerce stock ranges from a low of $80 to a high of $181. The average analyst price target of $120 forecasts a 43.37% increase in the stock price over the next year.
Price Target: $120.00 (+43.37%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for SPS Commerce stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 3 | 3 | 3 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 3 | 5 | 5 | 6 | 8 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 9 | 9 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $140 → $100 | Buy → Hold | Downgrades | $140 → $100 | +19.47% | Nov 11, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $145 → $110 | Strong Buy | Maintains | $145 → $110 | +31.42% | Oct 31, 2025 |
| DA Davidson | DA Davidson | Hold Maintains $125 → $80 | Hold | Maintains | $125 → $80 | -4.42% | Oct 31, 2025 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy → Hold Downgrades $135 → $80 | Buy → Hold | Downgrades | $135 → $80 | -4.42% | Oct 31, 2025 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $150 → $80 | Strong Buy → Hold | Downgrades | $150 → $80 | -4.42% | Oct 31, 2025 |
Financial Forecast
Revenue This Year
767.45M
from 637.77M
Increased by 20.33%
Revenue Next Year
823.95M
from 767.45M
Increased by 7.36%
EPS This Year
4.21
from 2.04
Increased by 106.48%
EPS Next Year
4.62
from 4.21
Increased by 9.70%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 790.7M | 852.5M | |
| Avg | 767.5M | 824.0M | |
| Low | 737.0M | 788.9M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 24.0% | 11.1% | |
| Avg | 20.3% | 7.4% | |
| Low | 15.6% | 2.8% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.39 | 5.23 | |
| Avg | 4.21 | 4.62 | |
| Low | 4.02 | 4.16 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 115.1% | 24.1% | |
| Avg | 106.5% | 9.7% | |
| Low | 97.0% | -1.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.