# SPS Commerce (SPSC) — Analyst Forecast

SPSC · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/spsc/forecast

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 14, 2026 | Stifel | Maintained | Hold | $85.00 |
| Aug 19, 2026 | Needham | Maintained | Buy | $100.00 |
| Jul 31, 2026 | Stifel | Maintained | Hold | $70.00 |
| Jul 31, 2026 | Cantor Fitzgerald | Maintained | Neutral | $70.00 |
| Jul 31, 2026 | Morgan Stanley | Maintained | Underweight | $59.00 |
| Jul 21, 2026 | Morgan Stanley | Downgraded | Equal-Weight → Underweight | $57.00 |
| Jul 21, 2026 | Citigroup | Maintained | Buy | $82.00 |
| Jul 1, 2026 | DA Davidson | Maintained | Neutral | $55.00 |
| May 4, 2026 | Citigroup | Maintained | Buy | $76.00 |
| May 1, 2026 | Needham | Maintained | Buy | $75.00 |
| May 1, 2026 | Cantor Fitzgerald | Maintained | Neutral | $60.00 |
| May 1, 2026 | DA Davidson | Maintained | Neutral | $55.00 |
| Apr 16, 2026 | Rothschild & Co | Downgraded | Buy → Neutral | $60.00 |
| Feb 17, 2026 | DA Davidson | Maintained | Neutral | $65.00 |
| Feb 13, 2026 | Stifel | Maintained | Hold | $65.00 |
| Feb 13, 2026 | Citigroup | Maintained | Buy | $84.00 |
| Nov 11, 2025 | Morgan Stanley | Downgraded | Overweight → Equal-Weight | $100.00 |
| Oct 31, 2025 | Needham | Maintained | Buy | $110.00 |
| Oct 31, 2025 | Stifel | Downgraded | Buy → Hold | $80.00 |
| Oct 31, 2025 | DA Davidson | Maintained | Neutral | $80.00 |

## Frequently Asked Questions

### What is the latest analyst rating on SPSC?

On Oct 14, 2026, Stifel maintained SPS Commerce at Hold with a price target of $85.00.

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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.

Data provided by [AInvest](https://www.ainvest.com).