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SPS Commerce, Inc. (SPSC)

Technology | Software - Application | Minneapolis, United States | NasdaqGS
84.92 USD +0.72 (0.855%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 84.90 -0.02 (-0.020%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★★☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 6 a.m. EDT

SPS Commerce is a classic turnaround candidate where the stock price has rallied ahead of a potential earnings recovery, yet the fundamentals remain under pressure. The company boasts a fortress balance sheet and a remarkable nine-year cumulative return of over 250%, but recent quarterly earnings have collapsed by 65%, triggering a Hold recommendation from analysts who see the current price trading above their mean target. While the technicals are flashing green with a 24% premium over the 50-day moving average, the lack of a dividend and the earnings contraction suggest this is a speculative momentum play rather than a stable income vehicle. Investors should watch for the earnings story to stabilize before adding to positions at these elevated levels.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.069728
AutoETS0.078553
AutoTheta0.106974
AutoARIMA0.123593

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 38%
H-stat 3.77
Ljung-Box p 0.000
Jarque-Bera p 0.063
Excess Kurtosis 0.11
Attribute Value
Sector Technology
Debt to Equity Ratio 0.672
Revenue per Share 20.672
Market Cap 3,057,134,848
Trailing P/E 40.44
Forward P/E 15.95
Beta 0.49
Profit Margins 10.10%
Website https://www.spscommerce.com

As of Aug. 22, 2026, 6 a.m. EDT: Call positioning is skewed bullish with significant open interest at the 65 strike for January 2027 expiration, creating a floor for the stock, while put volume at the 50 strike indicates hedging against downside risk. Implied volatility remains subdued across expirations, suggesting complacency regarding immediate risk.


Info Dump

Attribute Value
52 Week Change -0.20367593
Address1 333 South Seventh Street
Address2 Suite 1000
All Time High 218.74
All Time Low 4.225
Ask 108.94
Ask Size 2
Audit Risk 1
Average Analyst Rating 2.8 - Hold
Average Daily Volume10 Day 403,720
Average Daily Volume3 Month 660,792
Average Volume 660,792
Average Volume10Days 403,720
Beta 0.487
Bid 60.46
Bid Size 2
Board Risk 2
Book Value 25.929
City Minneapolis
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 84.92
Current Ratio 2.259
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 85.5
Day Low 83.96
Debt To Equity 0.672
Display Name SPS Commerce
Earnings Call Timestamp End 1,785,441,600
Earnings Call Timestamp Start 1,785,441,600
Earnings Growth -0.639
Earnings Quarterly Growth -0.652
Earnings Timestamp 1,785,441,600
Earnings Timestamp End 1,793,304,000
Earnings Timestamp Start 1,793,304,000
Ebitda 183,200,992
Ebitda Margins 0.23716
Enterprise To Ebitda 15.777
Enterprise To Revenue 3.741
Enterprise Value 2,890,273,792
Eps Current Year 4.90345
Eps Forward 5.32511
Eps Trailing Twelve Months 2.1
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 67.9728
Fifty Day Average Change 16.947197
Fifty Day Average Change Percent 0.2493232
Fifty Two Week Change Percent -20.367592
Fifty Two Week High 114.87
Fifty Two Week High Change -29.950005
Fifty Two Week High Change Percent -0.26072955
Fifty Two Week Low 49.04
Fifty Two Week Low Change 35.879997
Fifty Two Week Low Change Percent 0.73164755
Fifty Two Week Range 49.04 - 114.87
Financial Currency USD
First Trade Date Milliseconds 1,271,943,000,000
Float Shares 35,557,372
Forward Eps 5.32511
Forward P E 15.947088
Free Cashflow 176,569,376
Full Exchange Name NasdaqGS
Full Time Employees 2,948
Fullday Change 0.720001
Fullday Change Percent 0.855108
Fullday Price 84.9
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.69821
Gross Profits 539,358,016
Has Pre Post Market Data 1
Held Percent Insiders 0.010290001
Held Percent Institutions 1.14377
Implied Shares Outstanding 36,000,174
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,566,518,400
Last Split Factor 2:1
Long Business Summary SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. It offers solutions through SPS Commerce, a cloud-based platform that connects retailers, brands, distributors, manufacturers, and logistics providers, handling the complexity of modern commerce operations. The company also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, it offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and relationship management product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.
Long Name SPS Commerce, Inc.
Market us_market
Market Cap 3,057,134,848
Market State CLOSED
Max Age 86,400
Message Board Id finmb_34696
Most Recent Quarter 1,782,777,600
Net Income To Common 78,003,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 3,031,574,652
Number Of Analyst Opinions 11
Open 83.96
Operating Cashflow 228,143,008
Operating Margins 0.16108999
Overall Risk 1
Payout Ratio 0.0
Peg Ratio 4.55
Phone 612 435 9400
Post Market Change -0.019996643
Post Market Change Percent -0.023547625
Post Market Price 84.9
Post Market Time 1,787,959,806
Previous Close 84.2
Price Eps Current Year 17.318419
Price Hint 2
Price To Book 3.2750971
Price To Sales Trailing12 Months 3.957497
Profit Margins 0.10098
Quick Ratio 1.619
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.75
Region US
Regular Market Change 0.720001
Regular Market Change Percent 0.855108
Regular Market Day High 85.5
Regular Market Day Low 83.96
Regular Market Day Range 83.96 - 85.5
Regular Market Open 83.96
Regular Market Previous Close 84.2
Regular Market Price 84.92
Regular Market Time 1,787,947,200
Regular Market Volume 353,920
Return On Assets 0.06805
Return On Equity 0.08262
Revenue Growth 0.056
Revenue Per Share 20.672
Sand P52 Week Change 0.20204377
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 2
Shares Outstanding 36,000,174
Shares Percent Shares Out 0.0876
Shares Short 3,153,331
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,946,546
Short Name SPS Commerce, Inc.
Short Percent Of Float 0.1042
Short Ratio 4.95
Source Interval 15
State MN
Symbol SPSC
Target High Price 103.0
Target Low Price 59.0
Target Mean Price 75.45455
Target Median Price 70.0
Total Cash 173,167,008
Total Cash Per Share 4.81
Total Debt 6,306,000
Total Revenue 772,492,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.1
Trailing P E 40.438095
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 68.7459
Two Hundred Day Average Change 16.174095
Two Hundred Day Average Change Percent 0.23527358
Type Disp Equity
Volume 353,920
Website https://www.spscommerce.com
Zip 55,402