SPS Commerce (SPSC) analyst forecast and price target
Analyst forecast
Consensus of 13 analyst ratings
Based on 6 analyst targets
Recent analyst ratings
| Firm | Action | Rating | Price target | Date |
|---|---|---|---|---|
| Needham | Maintained | Buy | $100.00 from $75.00 | Aug 19, 2026 |
| Stifel | Maintained | Hold | $70.00 from $60.00 | Jul 31, 2026 |
| Cantor Fitzgerald | Maintained | Neutral | $70.00 from $60.00 | Jul 31, 2026 |
| Morgan Stanley | Maintained | Underweight | $59.00 from $57.00 | Jul 31, 2026 |
| Morgan Stanley | Downgraded | Equal-Weight → Underweight | $57.00 from $70.00 | Jul 21, 2026 |
| Citigroup | Maintained | Buy | $82.00 from $76.00 | Jul 21, 2026 |
| DA Davidson | Maintained | Neutral | $55.00 | Jul 1, 2026 |
| Citigroup | Maintained | Buy | $76.00 from $84.00 | May 4, 2026 |
| Needham | Maintained | Buy | $75.00 from $110.00 | May 1, 2026 |
| Cantor Fitzgerald | Maintained | Neutral | $60.00 from $70.00 | May 1, 2026 |
| DA Davidson | Maintained | Neutral | $55.00 from $65.00 | May 1, 2026 |
| Rothschild & Co | Downgraded | Buy → Neutral | $60.00 from $100.00 | Apr 16, 2026 |
| DA Davidson | Maintained | Neutral | $65.00 from $80.00 | Feb 17, 2026 |
| Stifel | Maintained | Hold | $65.00 from $80.00 | Feb 13, 2026 |
| Citigroup | Maintained | Buy | $84.00 from $110.00 | Feb 13, 2026 |
| Morgan Stanley | Downgraded | Overweight → Equal-Weight | $100.00 from $140.00 | Nov 11, 2025 |
| Needham | Maintained | Buy | $110.00 from $160.00 | Oct 31, 2025 |
| Stifel | Downgraded | Buy → Hold | $80.00 from $150.00 | Oct 31, 2025 |
| DA Davidson | Maintained | Neutral | $80.00 from $125.00 | Oct 31, 2025 |
| Cantor Fitzgerald | Downgraded | Overweight → Neutral | $80.00 from $135.00 | Oct 31, 2025 |
Frequently asked questions
What is the price target for SPSC stock?
The average 12-month analyst price target for SPS Commerce (SPSC) is $72.67, with a high estimate of $100.00 and a low of $55.00, across 6 analysts.
Is SPSC a buy, sell, or hold?
Analysts covering SPS Commerce currently average a Hold rating: 4 buy, 8 hold and 1 sell, from 13 analysts. Ratings reflect analyst opinion, not investment advice.
What upside do analysts see for SPSC?
The average price target of $72.67 implies 14.91% downside from the last price of $85.40.
What is the latest analyst rating on SPSC?
On Aug 19, 2026, Needham maintained SPS Commerce at Buy with a price target of $100.00.
Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.