SPS Commerce, Inc. (SPSC)
NASDAQ: SPSC · IEX Real-Time Price · USD
196.09
0.00 (0.00%)
May 17, 2024, 12:00 AM EDT - Market open
SPS Commerce Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for SPS Commerce stock have an average target of 200.25, with a low estimate of 177 and a high estimate of 222. The average target predicts an increase of 2.12% from the current stock price of 196.09.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for SPS Commerce stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 6 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 6 | 6 | 7 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Redburn Atlantic | Redburn Atlantic | Strong Buy Initiates $220 | Strong Buy | Initiates | $220 | +12.19% | May 14, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $213 → $222 | Strong Buy | Maintains | $213 → $222 | +13.21% | May 10, 2024 |
| Needham | Needham | Strong Buy Reiterates $205 | Strong Buy | Reiterates | $205 | +4.54% | May 10, 2024 |
| Baird | Baird | Hold Maintains $172 → $178 | Hold | Maintains | $172 → $178 | -9.23% | Apr 26, 2024 |
| Needham | Needham | Strong Buy Reiterates $205 | Strong Buy | Reiterates | $205 | +4.54% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
631.30M
from 536.91M
Increased by 17.58%
Revenue Next Year
724.93M
from 631.30M
Increased by 14.83%
EPS This Year
3.22
from 1.76
Increased by 82.90%
EPS Next Year
3.82
from 3.22
Increased by 18.65%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 656.9M | 753.9M | 848.2M |
| Avg | 631.3M | 724.9M | 824.0M |
| Low | 604.8M | 693.8M | 791.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.4% | 19.4% | 17.0% |
| Avg | 17.6% | 14.8% | 13.7% |
| Low | 12.6% | 9.9% | 9.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.45 | 4.22 | 4.45 |
| Avg | 3.22 | 3.82 | 4.32 |
| Low | 3.04 | 3.43 | 4.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 96.3% | 31.1% | 16.5% |
| Avg | 82.9% | 18.6% | 13.2% |
| Low | 72.6% | 6.6% | 8.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.