FY2025 EPS Estimates for SPS Commerce Increased by Analyst

SPS Commerce, Inc. (NASDAQ:SPSC) – Stock analysts at Cantor Fitzgerald raised their FY2025 earnings per share estimates for shares of SPS Commerce in a research note issued to investors on Friday, October 31st. Cantor Fitzgerald analyst M. Vanvliet now forecasts that the software maker will post earnings of $3.02 per share for the year, up from their prior forecast of $2.91. Cantor Fitzgerald has a “Neutral” rating and a $80.00 price target on the stock. The consensus estimate for SPS Commerce’s current full-year earnings is $2.73 per share. Cantor Fitzgerald also issued estimates for SPS Commerce’s FY2026 earnings at $3.30 EPS.

SPS Commerce (NASDAQ:SPSC) last posted its earnings results on Thursday, October 30th. The software maker reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.14. SPS Commerce had a return on equity of 12.10% and a net margin of 11.79%.The firm had revenue of $189.90 million for the quarter, compared to the consensus estimate of $192.68 million. During the same quarter in the prior year, the business earned $0.92 EPS. The business’s revenue for the quarter was up 16.0% on a year-over-year basis. SPS Commerce has set its FY 2025 guidance at 4.100-4.15 EPS. Q4 2025 guidance at 0.980-1.020 EPS.

A number of other research analysts also recently weighed in on the company. DA Davidson reduced their target price on SPS Commerce from $125.00 to $80.00 and set a “neutral” rating on the stock in a report on Friday. Citigroup reduced their target price on SPS Commerce from $145.00 to $110.00 and set a “buy” rating on the stock in a report on Friday. Robert W. Baird set a $104.00 target price on SPS Commerce in a report on Friday. Needham & Company LLC reiterated a “buy” rating and set a $110.00 target price (down previously from $160.00) on shares of SPS Commerce in a report on Friday. Finally, Morgan Stanley reiterated an “overweight” rating and set a $140.00 target price (down previously from $170.00) on shares of SPS Commerce in a report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $110.80.

SPS Commerce Stock Performance

SPSC stock opened at $82.24 on Monday. SPS Commerce has a fifty-two week low of $73.05 and a fifty-two week high of $201.06. The business’s 50 day moving average price is $107.99 and its two-hundred day moving average price is $125.14. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 37.72 and a beta of 0.69.

Institutional Trading of SPS Commerce

Several hedge funds and other institutional investors have recently made changes to their positions in SPSC. Salomon & Ludwin LLC purchased a new stake in shares of SPS Commerce in the 3rd quarter worth approximately $28,000. UMB Bank n.a. lifted its position in SPS Commerce by 60.6% in the 2nd quarter. UMB Bank n.a. now owns 212 shares of the software maker’s stock valued at $29,000 after acquiring an additional 80 shares in the last quarter. NewEdge Advisors LLC lifted its position in SPS Commerce by 545.7% in the 1st quarter. NewEdge Advisors LLC now owns 226 shares of the software maker’s stock valued at $30,000 after acquiring an additional 191 shares in the last quarter. Allworth Financial LP lifted its position in SPS Commerce by 296.6% in the 1st quarter. Allworth Financial LP now owns 234 shares of the software maker’s stock valued at $33,000 after acquiring an additional 175 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in SPS Commerce by 105.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 302 shares of the software maker’s stock valued at $40,000 after acquiring an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 98.96% of the company’s stock.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.