SPS Commerce (SPSC) Stock Price Target 2026

The average analyst price target for SPS Commerce is $134.25, 63.7% above the current price. Of 13 analysts, 4 rate it Buy, 8 Hold and 1 Sell. Targets range from $59 to $230. The latest change came on Oct 30, 2026, when DA Davidson raised its price target on SPS Commerce from $65 to $70 and kept a Neutral rating.

The Average Analyst Price Target for SPS Commerce is $134.25.

Price Target Range — 13 Quarters

Analyst Consensus — 13 Analysts

4Buy

8Hold

1Sell

Consensus RatingNeutral# Analysts13Avg. Consensus PT$134.25Upside to Avg. PT+63.7%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for SPS Commerce Stock

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Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 30, 2026	DA Davidson	Clark Wright	PT Raise	Neutral	$65→$70
Oct 20, 2026	Citigroup	George Kurosawa	PT Raise	Buy	$82→$99
Oct 14, 2026	Stifel	Parker Lane	PT Raise	Hold	$70→$85
Aug 19, 2026	Needham	Scott Berg	PT Raise	Buy	$75→$100
Jul 31, 2026	Morgan Stanley	Chris Quintero	PT Raise	Underweight	$57→$59
Jul 31, 2026	Cantor Fitzgerald	Matthew Vanvliet	PT Raise	Neutral	$60→$70
Jul 31, 2026	Stifel	Parker Lane	PT Raise	Hold	$60→$70
Jul 21, 2026	Citigroup	George Kurosawa	PT Raise	Buy	$76→$82
Jul 21, 2026	Morgan Stanley	Chris Quintero	Downgrade	Equal-Weight→Underweight	$70→$57
Jul 1, 2026	DA Davidson	Clark Wright	Maintained	Neutral	$55
May 4, 2026	Citigroup	George Kurosawa	PT Cut	Buy	$84→$76
May 1, 2026	DA Davidson	Clark Wright	PT Cut	Neutral	$65→$55
May 1, 2026	Cantor Fitzgerald	Matthew Vanvliet	PT Cut	Neutral	$70→$60
May 1, 2026	Needham	Scott Berg	PT Cut	Buy	$110→$75
Apr 16, 2026	Rothschild & Co	Lachlan Brown	Downgrade	Buy→Neutral	$100→$60
Feb 17, 2026	DA Davidson	Clark Wright	PT Cut	Neutral	$80→$65
Feb 13, 2026	Citigroup	George Kurosawa	PT Cut	Buy	$110→$84
Feb 13, 2026	Stifel	Parker Lane	PT Cut	Hold	$80→$65
Nov 11, 2025	Morgan Stanley	Chris Quintero	Downgrade	Overweight→Equal-Weight	$140→$100
Oct 31, 2025	Citigroup	George Kurosawa	PT Cut	Buy	$145→$110