/SPSC
SPS Commerce, Inc.
SPSC • NASDAQSPSC • NASDAQ • Technology
$60.55-0.26%-0.15
$60.55-0.26%(-0.15)Technology
GoAI Score
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Valuation
50Fair Value
Sentiment
100Bullish
Risk
95Low Risk
Momentum
0Negative
Institutional-Grade Intelligence
🏆PRO
Actionable Intelligence
AI-driven stance, execution logic & risk thresholds
Catalyst Roadmap
Event timeline with expected impact & market context
Deep Insights
Fact-checked analysis & score logic breakdown
Financial Statements
Margin Trends
Gross
64.2%▼2.7pp
Revenue after COGS
Operating
15.7%▲1.8pp
After operating expenses
Net
12.4%▲0.3pp
Bottom-line profitability
Gross Margin
Operating Margin
Net Margin
Valuation Snapshot
P/E Ratio
36.2
Price vs earnings
EV/EBITDA
17.8
Enterprise value
FCF Yield
4.5%
Cash generation
Earnings Yield
2.8%
Inverse of P/E
Capital Efficiency
9
GoAI Quality ScoreFair
ROEReturn on Equity
9.6%Fair
ROAReturn on Assets
8.0%Strong
ROICReturn on Invested Capital
8.7%Fair
Financial Health
Current RatioHealthy
1.74
Short-term solvency (>1.5)
Net Debt / EBITDANet Cash
-0.78x
Debt repayment capacity (<3x)
Income QualityStrong
1.92
Cash backs earnings (>1)
Revenue & Profitability
Revenue
Net Income
Net Loss
Income Statement
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $751.50M | $637.76M | $536.91M | $450.88M | $385.28M |
| Gross Profit | $482.71M | $427.05M | $354.84M | $297.81M | $253.60M |
| Gross Margin | 64.2% | 67.0% | 66.1% | 66.1% | 65.8% |
| Operating Income | $118.30M | $88.88M | $77.25M | $71.18M | $55.09M |
| Net Income | $93.34M | $77.05M | $65.82M | $55.13M | $44.60M |
| Net Margin | 12.4% | 12.1% | 12.3% | 12.2% | 11.6% |
| EPS | $2.46 | $2.07 | $1.80 | $1.53 | $1.24 |
Average Price Target
$85.63▲ 41.4% Upside
Past 12 Months
12 Month Forecast
Based on 50 Wall Street analysts offering 12 month price targets for SPS Commerce, Inc., the average price target is $85.63, with a high forecast of $110.00 and a low forecast of $65.00. The average price target represents a 41.4% increase from the current price of $60.55.
Highest
$110.00
Average
$85.63
Lowest
$65.00
Rating Distribution
Strong Buy
2
9%
Buy
8
36%
Hold
12
55%
Sell
0
0%
Strong Sell
0
0%
Recent Analyst Ratings
FirmActionRatingDate
DA Davidson● Maintain
Neutral
2026-02-17Citigroup● Maintain
Buy
2026-02-13Stifel● Maintain
Hold
2026-02-13Morgan Stanley▼ Downgrade
Overweight→Equal Weight
2025-11-11Citigroup● Maintain
Buy
2025-10-31Needham● Maintain
Buy
2025-10-31Cantor Fitzgerald▼ Downgrade
Overweight→Neutral
2025-10-31Stifel▼ Downgrade
Buy→Hold
2025-10-31DA Davidson● Maintain
Neutral
2025-10-31Morgan Stanley● Maintain
Overweight
2025-10-14Earnings History & Surprises
BEAT RATE
100%
Last 18 quarters
AVG SURPRISE
+13.1%
EPS vs Estimate
BEATS / MISSES
18/0
Last 18 quarters
LATEST EPS
$1.14
Q1 '26
QUARTERLY EPS TREND
Estimated
Beat
Miss
QUARTERLY DETAIL
Q1 '26
+12.9%
$1.14 vs $1.01
Q4 '25
+14.1%
$1.13 vs $0.99
Q3 '25
+11.1%
$1.00 vs $0.90
Q2 '25
+19.0%
$1.00 vs $0.84
Q1 '25
+2.3%
$0.89 vs $0.87
Q4 '24
+10.8%
$0.92 vs $0.83
Q3 '24
+5.3%
$0.80 vs $0.76
Q2 '24
+17.8%
$0.86 vs $0.73
Q1 '24
+8.7%
$0.75 vs $0.69
Q4 '23
+13.6%
$0.75 vs $0.66
Q3 '23
+11.3%
$0.69 vs $0.62
Q2 '23
+17.5%
$0.67 vs $0.57
No investor questions available.
Latest News
No news available