The latest price target for SPS Commerce (NASDAQ:SPSC) was reported by Needham on August 2, 2024. The analyst firm set a price target for $230.00 expecting SPSC to rise to within 12 months (a possible 19.29% upside). 17 analyst firms have reported ratings in the last year.

The latest analyst rating for SPS Commerce (NASDAQ:SPSC) was provided by Needham, and SPS Commerce reiterated their buy 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 August 2, 2024 so you should expect the next rating to be made available sometime around August 2, 2025.

While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a reiterated with a price target of $230.00 to $230.00. The current price SPS Commerce (SPSC) is trading at is $192.81, which is out of the analyst’s predicted range.