SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · Real-Time Price · USD
62.17
+2.18 (3.63%)
Mar 4, 2026, 4:00 PM EST - Market closed

SPS Commerce Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for SPS Commerce stock have an average target of 100.89, with a low estimate of 65 and a high estimate of 159. The average target predicts an increase of 62.28% from the current stock price of 62.17.

Analyst Consensus: Buy
Target Low Average Median High
Price $65 $100.89 $100 $159
Change +4.55% +62.28% +60.85% +155.75%

Analyst Ratings

The average analyst rating for SPS Commerce stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26
Strong Buy 222222
Buy 100000
Hold 899977
Sell 000000
Strong Sell 000000
Total 1111111199

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
DA Davidson
DA Davidson
Hold
Maintains
$80$65
Hold Maintains $80$65 +4.55% Feb 17, 2026
Citigroup
Citigroup
Strong Buy
Maintains
$110$84
Strong Buy Maintains $110$84 +35.11% Feb 13, 2026
Stifel
Stifel
Hold
Maintains
$80$65
Hold Maintains $80$65 +4.55% Feb 13, 2026
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$140$100
Hold Downgrades $140$100 +60.85% Nov 11, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$145$110
Strong Buy Maintains $145$110 +76.93% Oct 31, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
818.48M
from 751.51M
Increased by 8.91%
Revenue Next Year
878.25M
from 818.48M
Increased by 7.30%
EPS This Year
4.58
from 2.46
Increased by 86.19%
EPS Next Year
5.18
from 4.58
Increased by 13.12%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
385.28M450.88M536.91M637.77M751.51M818.48M878.25M
Revenue Growth
23.24%17.03%19.08%18.78%17.83%8.91%7.30%
EPS
1.211.491.762.042.464.585.18
EPS Growth
-3.97%23.14%18.12%15.91%20.59%86.19%13.12%
Forward PE
-----13.5712.00
No. Analysts -----1513
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202620272028
High 847.8M 910.3M
Avg 818.5M 878.3M
Low 782.8M 838.3M

Revenue Growth

Revenue Growth 202620272028
High
12.8%
11.2%
Avg
8.9%
7.3%
Low
4.2%
2.4%

EPS Forecast

EPS 202620272028
High 4.89 5.66
Avg 4.58 5.18
Low 4.35 4.70

EPS Growth

EPS Growth 202620272028
High
98.9%
23.6%
Avg
86.2%
13.1%
Low
76.9%
2.7%
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.