$165.49
2.36[1.45%]
At close: Apr 19
$165.49
0[0.00%]
After Hours: 4:20PM EDT
SPS Commerce
(NASDAQ:SPSC)SPS Commerce Stock (NASDAQ:SPSC), Analyst Ratings, Price Targets, Predictions
SPS Commerce Inc has a consensus price target of $189.25, established from looking at the 32 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Needham, and Needham on March 13, 2024, February 9, 2024, and January 18, 2024. With an average price target of $208.67 between Citigroup, Needham, and Needham, there's an implied 26.09% upside for SPS Commerce Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Citigroup
Needham
DA Davidson
Northland Capital Markets
Craig-Hallum
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for SPS Commerce
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/13/2024 | SPSC | Buy Now | SPS Commerce | $165.49 | 30.52% | Citigroup | George Kurosawa | → $216 | Initiates | → Buy | Get Alert |
| 02/09/2024 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
| 01/18/2024 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
| 11/14/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 20.85% | DA Davidson | Gil Luria | → $200 | Initiates | → Buy | Get Alert |
| 10/27/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 6.96% | Northland Capital Markets | Nehal Chokshi | $175 → $177 | Upgrade | Market Perform → Outperform | Get Alert |
| 09/19/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
| 07/28/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 20.85% | Craig-Hallum | Jeff Van Sinderen | $165 → $200 | Maintains | Buy | Get Alert |
| 07/28/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 5.75% | Northland Capital Markets | Nehal Chokshi | $151 → $175 | Maintains | Market Perform | Get Alert |
| 07/28/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
| 07/27/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
| 07/07/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 20.85% | Stifel | Tom Roderick | $165 → $200 | Maintains | Buy | Get Alert |
| 07/07/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | → $205 | Reiterates | Buy → Buy | Get Alert |
| 06/15/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | 23.87% | Needham | Scott Berg | $160 → $205 | Maintains | Buy | Get Alert |
| 04/27/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | -6.94% | Northland Capital Markets | Nehal Chokshi | $151 → $154 | Maintains | Market Perform | Get Alert |
| 04/27/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | -0.3% | Craig-Hallum | Jeff Van Sinderen | $160 → $165 | Maintains | Buy | Get Alert |
| 04/27/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | -0.3% | JMP Securities | Joe Goodwin | → $165 | Reiterates | → Market Outperform | Get Alert |
| 04/27/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | -3.32% | Needham | Scott Berg | → $160 | Reiterates | → Buy | Get Alert |
| 03/06/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | -3.32% | Needham | Scott Berg | → $160 | Reiterates | → Buy | Get Alert |
| 03/03/2023 | SPSC | Buy Now | SPS Commerce | $165.49 | -3.32% | Needham | Scott Berg | → $160 | Reiterates | → Buy | Get Alert |
FAQ
What is the target price for SPS Commerce (SPSC)?
The latest price target for SPS Commerce (NASDAQ: SPSC) was reported by Citigroup on March 13, 2024. The analyst firm set a price target for $216.00 expecting SPSC to rise to within 12 months (a possible 30.52% upside). 17 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for SPS Commerce (SPSC)?
The latest analyst rating for SPS Commerce (NASDAQ: SPSC) was provided by Citigroup, and SPS Commerce initiated their buy rating.
When was the last upgrade for SPS Commerce (SPSC)?
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.
When was the last downgrade for SPS Commerce (SPSC)?
The last downgrade for SPS Commerce Inc happened on December 14, 2022 when Baird changed their price target from N/A to $151 for SPS Commerce Inc.
When is the next analyst rating going to be posted or updated for SPS Commerce (SPSC)?
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 March 13, 2024 so you should expect the next rating to be made available sometime around March 13, 2025.
Is the Analyst Rating SPS Commerce (SPSC) correct?
While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a initiated with a price target of $0.00 to $216.00. The current price SPS Commerce (SPSC) is trading at is $165.49, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.