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SPS Commerce (SPSC) Stock Forecast & Price Target

SPS Commerce logo
$185.53 -3.87 (-2.04%)
(As of 12/27/2024 05:17 PM ET)

SPS Commerce - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
6

Based on 11 Wall Street analysts who have issued ratings for SPS Commerce in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 5 have given a hold rating, and 6 have given a buy rating for SPSC.

Consensus Price Target

$220.78
19.00% Upside
According to the 11 analysts' twelve-month price targets for SPS Commerce, the average price target is $220.78. The highest price target for SPSC is $250.00, while the lowest price target for SPSC is $188.00. The average price target represents a forecasted upside of 19.00% from the current price of $185.53.
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SPSC Analyst Ratings Over Time

TypeCurrent Forecast
12/29/23 to 12/28/24
1 Month Ago
11/29/23 to 11/28/24
3 Months Ago
9/30/23 to 9/29/24
1 Year Ago
12/29/22 to 12/29/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$220.78$220.78$220.25$191.17
Forecasted Upside19.00% Upside14.65% Upside14.56% Upside-1.38% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

SPSC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SPSC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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SPS Commerce Stock vs. The Competition

TypeSPS CommerceBusiness Services CompaniesS&P 500
Consensus Rating Score
2.55
2.69
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside19.00% Upside148.79% Upside14.07% Upside
News Sentiment Rating
Very Positive News

See Recent SPSC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/25/2024Piper Sandler
2 of 5 stars
 Initiated CoverageNeutral$198.00+4.69%
10/28/2024Robert W. Baird
2 of 5 stars
 Boost TargetNeutral ➝ Neutral$186.00 ➝ $188.00+10.27%
10/25/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuy ➝ Buy$240.00 ➝ $250.00+42.69%
10/25/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$230.00 ➝ $230.00+20.43%
7/29/2024Northland Capmk
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N. Chokshi
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DowngradeStrong-Buy ➝ Hold
7/29/2024Northland Securities
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 DowngradeOutperform ➝ Market Perform$205.00 ➝ $209.00
7/26/2024Craig Hallum
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 Boost TargetBuy ➝ Buy$210.00 ➝ $230.00+8.27%
7/26/2024DA Davidson
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 Boost TargetBuy ➝ Buy$225.00 ➝ $240.00+12.92%
5/14/2024Redburn Atlantic
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 Initiated CoverageBuy$220.00+14.23%
5/10/2024Citigroup
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 Boost TargetBuy ➝ Buy$213.00 ➝ $222.00+15.35%
4/25/2024William Blair
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D. Becker
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Reiterated RatingMarket Perform
2/10/2023JMP Securities
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 Boost TargetMarket Outperform$150.00 ➝ $165.00+19.98%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 05:02 PM ET.


SPSC Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for SPS Commerce is $220.78, with a high forecast of $250.00 and a low forecast of $188.00.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SPS Commerce in the last twelve months. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SPSC shares.

According to analysts, SPS Commerce's stock has a predicted upside of 19.00% based on their 12-month stock forecasts.

SPS Commerce has been rated by research analysts at Needham & Company LLC, Piper Sandler, Robert W. Baird, and Stifel Nicolaus in the past 90 days.

Analysts like SPS Commerce less than other "business services" companies. The consensus rating score for SPS Commerce is 2.55 while the average consensus rating score for "business services" companies is 2.69. Learn more on how SPSC compares to other companies.


This page (NASDAQ:SPSC) was last updated on 12/28/2024 by MarketBeat.com Staff
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