SPS Commerce Inc has a consensus price target of $197.55 based on the ratings of 11 analysts. The high is $233 issued by Citigroup on January 27, 2025. The low is $159 issued by Baird on April 25, 2025. The 3 most-recent analyst ratings were released by Baird, Needham, and DA Davidson on April 25, 2025, April 25, 2025, and April 14, 2025, respectively. With an average price target of $181.33 between Baird, Needham, and DA Davidson, there's an implied 27.62% upside for SPS Commerce Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
04/25/2025 | Buy Now | 11.9% | Baird | Joe Vruwink72% | $154 → $159 | Maintains | Neutral | Get Alert |
04/25/2025 | Buy Now | 47.79% | Needham | Scott Berg52% | $210 → $210 | Reiterates | Buy → Buy | Get Alert |
04/14/2025 | Buy Now | 23.16% | DA Davidson | Gil Luria56% | $245 → $175 | Maintains | Buy | Get Alert |
03/26/2025 | Buy Now | 47.79% | Needham | Scott Berg52% | $210 → $210 | Reiterates | Buy → Buy | Get Alert |
02/11/2025 | Buy Now | 40.76% | Stifel | Parker Lane48% | $225 → $200 | Maintains | Buy | Get Alert |
02/11/2025 | Buy Now | 23.16% | Baird | Joe Vruwink72% | $188 → $175 | Maintains | Neutral | Get Alert |
02/11/2025 | Buy Now | 23.16% | Piper Sandler | Quinton Gabrielli24% | $198 → $175 | Maintains | Neutral | Get Alert |
02/11/2025 | Buy Now | 27.38% | Northland Capital Markets | Nehal Chokshi62% | $209 → $181 | Reiterates | Market Perform → Market Perform | Get Alert |
02/11/2025 | Buy Now | 47.79% | Needham | Scott Berg52% | $230 → $210 | Maintains | Buy | Get Alert |
01/27/2025 | Buy Now | 63.98% | Citigroup | George Kurosawa10% | $237 → $233 | Maintains | Buy | Get Alert |
01/15/2025 | Buy Now | 61.87% | Needham | Scott Berg52% | $230 → $230 | Reiterates | Buy → Buy | Get Alert |
01/03/2025 | Buy Now | 58.35% | Stifel | Parker Lane48% | $250 → $225 | Maintains | Buy | Get Alert |
01/03/2025 | Buy Now | 61.87% | Needham | Scott Berg52% | $230 → $230 | Reiterates | Buy → Buy | Get Alert |
11/25/2024 | Buy Now | 39.35% | Piper Sandler | Quinton Gabrielli24% | → $198 | Initiates | → Neutral | Get Alert |
10/28/2024 | Buy Now | 32.31% | Baird | Joe Vruwink72% | $186 → $188 | Maintains | Neutral | Get Alert |
10/25/2024 | Buy Now | 75.94% | Stifel | Parker Lane48% | $240 → $250 | Maintains | Buy | Get Alert |
10/25/2024 | Buy Now | 61.87% | Needham | Scott Berg52% | $230 → $230 | Reiterates | Buy → Buy | Get Alert |
08/02/2024 | Buy Now | 61.87% | Needham | Scott Berg52% | $230 → $230 | Reiterates | Buy → Buy | Get Alert |
07/29/2024 | Buy Now | 47.09% | Northland Capital Markets | Nehal Chokshi62% | $205 → $209 | Downgrade | Outperform → Market Perform | Get Alert |
07/26/2024 | Buy Now | 61.87% | Craig-Hallum | Jeff Van Rhee68% | $210 → $230 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | 58.35% | Stifel | Tom Roderick81% | $200 → $225 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | 68.91% | DA Davidson | Gil Luria56% | $225 → $240 | Maintains | Buy | Get Alert |
07/26/2024 | Buy Now | 30.9% | Baird | Joe Vruwink72% | $178 → $186 | Maintains | Neutral | Get Alert |
07/26/2024 | Buy Now | 61.87% | Needham | Scott Berg52% | $205 → $230 | Maintains | Buy | Get Alert |
05/14/2024 | Buy Now | 54.83% | Redburn Atlantic | Lachlan Brown30% | → $220 | Initiates | → Buy | Get Alert |
05/10/2024 | Buy Now | 44.27% | Needham | Scott Berg52% | $205 → $205 | Reiterates | Buy → Buy | Get Alert |
05/10/2024 | Buy Now | 56.24% | Citigroup | George Kurosawa10% | $213 → $222 | Maintains | Buy | Get Alert |
04/26/2024 | Buy Now | 44.27% | Needham | Scott Berg52% | $205 → $205 | Reiterates | Buy → Buy | Get Alert |
04/26/2024 | Buy Now | 25.27% | Baird | Joe Vruwink72% | $172 → $178 | Maintains | Neutral | Get Alert |
03/13/2024 | Buy Now | 52.02% | Citigroup | George Kurosawa10% | → $216 | Initiates | → Buy | Get Alert |
02/09/2024 | Buy Now | 44.27% | Needham | Scott Berg52% | $205 → $205 | Reiterates | Buy → Buy | Get Alert |
01/18/2024 | Buy Now | 44.27% | Needham | Scott Berg52% | $205 → $205 | Reiterates | Buy → Buy | Get Alert |
11/14/2023 | Buy Now | 40.76% | DA Davidson | Gil Luria56% | → $200 | Initiates | → Buy | Get Alert |
10/27/2023 | Buy Now | 24.57% | Northland Capital Markets | Nehal Chokshi62% | $175 → $177 | Upgrade | Market Perform → Outperform | Get Alert |
09/19/2023 | Buy Now | 44.27% | Needham | Scott Berg52% | → $205 | Reiterates | Buy → Buy | Get Alert |
07/28/2023 | Buy Now | 40.76% | Craig-Hallum | Jeff Van Rhee68% | $165 → $200 | Maintains | Buy | Get Alert |
07/28/2023 | Buy Now | 23.16% | Northland Capital Markets | Nehal Chokshi62% | $151 → $175 | Maintains | Market Perform | Get Alert |
07/28/2023 | Buy Now | 44.27% | Needham | Scott Berg52% | → $205 | Reiterates | Buy → Buy | Get Alert |
07/27/2023 | Buy Now | 44.27% | Needham | Scott Berg52% | → $205 | Reiterates | Buy → Buy | Get Alert |
07/07/2023 | Buy Now | 40.76% | Stifel | Tom Roderick81% | $165 → $200 | Maintains | Buy | Get Alert |
07/07/2023 | Buy Now | 44.27% | Needham | Scott Berg52% | → $205 | Reiterates | Buy → Buy | Get Alert |
06/15/2023 | Buy Now | 44.27% | Needham | Scott Berg52% | $160 → $205 | Maintains | Buy | Get Alert |
04/27/2023 | Buy Now | 16.12% | Craig-Hallum | Jeff Van Rhee68% | $160 → $165 | Maintains | Buy | Get Alert |
04/27/2023 | Buy Now | 8.38% | Northland Capital Markets | Nehal Chokshi62% | $151 → $154 | Maintains | Market Perform | Get Alert |
04/27/2023 | Buy Now | 16.12% | JMP Securities | Joe Goodwin56% | → $165 | Reiterates | → Market Outperform | Get Alert |
04/27/2023 | Buy Now | 12.6% | Needham | Scott Berg52% | → $160 | Reiterates | → Buy | Get Alert |
03/06/2023 | Buy Now | 12.6% | Needham | Scott Berg52% | → $160 | Reiterates | → Buy | Get Alert |
03/03/2023 | Buy Now | 12.6% | Needham | Scott Berg52% | → $160 | Reiterates | → Buy | Get Alert |
02/10/2023 | Buy Now | 6.27% | Northland Capital Markets | Nehal Chokshi62% | $148 → $151 | Maintains | Market Perform | Get Alert |
02/10/2023 | Buy Now | 16.12% | JMP Securities | Joe Goodwin56% | $150 → $165 | Maintains | Market Outperform | Get Alert |
02/10/2023 | Buy Now | 12.6% | Needham | Scott Berg52% | $150 → $160 | Maintains | Buy | Get Alert |
12/14/2022 | Buy Now | 6.27% | Baird | Joe Vruwink72% | → $151 | Downgrade | Outperform → Neutral | Get Alert |
07/21/2022 | Buy Now | 5.57% | Needham | Scott Berg52% | $200 → $150 | Maintains | Buy | Get Alert |
The latest price target for SPS Commerce (NASDAQ:SPSC) was reported by Baird on April 25, 2025. The analyst firm set a price target for $159.00 expecting SPSC to rise to within 12 months (a possible 11.90% upside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for SPS Commerce (NASDAQ:SPSC) was provided by Baird, and SPS Commerce maintained their neutral rating.
The last upgrade for SPS Commerce Inc happened on October 27, 2023 when Northland Capital Markets raised their price target to $177. Northland Capital Markets previously had a market perform for SPS Commerce Inc.
The last downgrade for SPS Commerce Inc happened on July 29, 2024 when Northland Capital Markets changed their price target from $205 to $209 for SPS Commerce Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SPS Commerce, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SPS Commerce was filed on April 25, 2025 so you should expect the next rating to be made available sometime around April 25, 2026.
While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a maintained with a price target of $154.00 to $159.00. The current price SPS Commerce (SPSC) is trading at is $142.09, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.