SPS Commerce (NASDAQ:SPSC) Given New $65.00 Price Target at DA Davidson

SPS Commerce (NASDAQ:SPSC) had its price target cut by DA Davidson from $80.00 to $65.00 in a report published on Tuesday morning,Benzinga reports. They currently have a neutral rating on the software maker’s stock.

Several other research firms have also commented on SPSC. Northland Securities set a $109.00 target price on SPS Commerce in a research note on Friday, October 31st. Citigroup restated a “buy” rating and issued a $84.00 price target (down previously from $110.00) on shares of SPS Commerce in a report on Friday. Needham & Company LLC reiterated a “buy” rating and set a $110.00 price objective (down from $160.00) on shares of SPS Commerce in a report on Friday, October 31st. Robert W. Baird set a $86.00 target price on shares of SPS Commerce in a research report on Friday. Finally, Stifel Nicolaus set a $65.00 price target on shares of SPS Commerce and gave the stock a “hold” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, SPS Commerce has an average rating of “Hold” and a consensus price target of $87.40.

SPS Commerce Price Performance

NASDAQ:SPSC opened at $60.06 on Tuesday. The firm has a market cap of $2.26 billion, a PE ratio of 24.51 and a beta of 0.56. The firm has a 50 day simple moving average of $86.38 and a 200-day simple moving average of $95.72. SPS Commerce has a 1-year low of $58.72 and a 1-year high of $153.16.

SPS Commerce (NASDAQ:SPSC) last released its earnings results on Thursday, February 12th. The software maker reported $1.14 EPS for the quarter, topping the consensus estimate of $1.00 by $0.14. The firm had revenue of $192.65 million during the quarter, compared to analysts’ expectations of $193.60 million. SPS Commerce had a net margin of 12.42% and a return on equity of 12.73%. SPS Commerce’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.89 EPS. SPS Commerce has set its FY 2026 guidance at 4.420-4.500 EPS and its Q1 2026 guidance at 0.950-0.990 EPS. As a group, sell-side analysts expect that SPS Commerce will post 2.73 earnings per share for the current fiscal year.

Insider Buying and Selling at SPS Commerce

In related news, Director Marty M. Reaume sold 1,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $79.92, for a total transaction of $79,920.00. Following the sale, the director directly owned 9,158 shares in the company, valued at approximately $731,907.36. This trade represents a 9.84% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.98% of the stock is owned by insiders.

Institutional Trading of SPS Commerce

Large investors have recently bought and sold shares of the company. Bank of Montreal Can boosted its holdings in shares of SPS Commerce by 95.6% in the 2nd quarter. Bank of Montreal Can now owns 24,403 shares of the software maker’s stock valued at $3,321,000 after buying an additional 11,927 shares during the period. Van Berkom & Associates Inc. acquired a new stake in SPS Commerce during the third quarter worth about $51,878,000. Fenimore Asset Management Inc lifted its holdings in SPS Commerce by 17.8% in the third quarter. Fenimore Asset Management Inc now owns 145,888 shares of the software maker’s stock worth $15,193,000 after acquiring an additional 22,036 shares during the last quarter. Buckhead Capital Management LLC boosted its stake in SPS Commerce by 284.7% in the third quarter. Buckhead Capital Management LLC now owns 35,945 shares of the software maker’s stock valued at $3,743,000 after acquiring an additional 26,602 shares during the period. Finally, Caxton Associates LLP bought a new position in shares of SPS Commerce during the second quarter valued at approximately $2,007,000. Institutional investors and hedge funds own 98.96% of the company’s stock.

About SPS Commerce

SPS Commerce, Inc is a leading provider of cloud-based supply chain management solutions that enable seamless collaboration between retailers, suppliers and logistics providers. Through its robust network, SPS Commerce connects trading partners with electronic data interchange (EDI) capabilities, helping businesses automate order processing, inventory management and fulfillment workflows. The company’s platform ensures data accuracy, accelerates order-to-cash cycles and reduces manual intervention, supporting a wide range of industries including retail, grocery, consumer goods and automotive.

The company offers a suite of services encompassing EDI, retail-ready compliance, order management and data analytics.