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SPS Commerce, Inc. (SPSC)

Technology | Software - Application | Minneapolis, United States | NasdaqGS
57.62 USD +1.07 (1.892%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 57.57 -0.05 (-0.051%) ⇩ (April 17, 2026, 5:48 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ★★★★☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:35 a.m. EDT

A high-conviction bottom-fishing play based on option gamma exposure and a massive technical rebound signal. Despite a 58% drawdown and negative short-term forecast (-2.3%), the options market is pricing in a trip to $105+ by early 2027. The absence of put buying while call OI spikes at distant strikes indicates a 'naked long' scenario: speculators are ignoring downside risks in favor of a predicted earnings-led or fundamental re-rating. Long-term fundamentals are attractive (46.9% earnings growth, low debt), making the current price (<5x sales) a value trap waiting for the technicals to align with the long-term thesis. Buy the dip.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.379572
AutoARIMA0.398964
AutoETS0.398964
MSTL0.399147

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 36%
H-stat 2.38
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.70
Attribute Value
Sector Technology
Debt to Equity Ratio 0.738
Revenue per Share 19.839
Market Cap 2,154,461,952
Trailing P/E 23.42
Forward P/E 11.36
Beta 0.62
Profit Margins 12.42%
Website https://www.spscommerce.com

As of April 19, 2026, 12:35 a.m. EDT: Call flow is overwhelmingly bullish (bull call spread bias), with massive open interest (OI) concentrated at 105 and 135 strikes, and notable new volume at 135 despite low price ($0.28). This suggests high-conviction expectations for a move to $105+ by July. Conversely, put option activity is virtually non-existent ($0.00 volume/interest on significant OI strikes), indicating a lack of hedging or bearish positioning near current levels. The disparity between high-ceiling call speculation and flat downward protection suggests traders are pricing in a strong rebound.


Info Dump

Attribute Value
52 Week Change -0.54626346
Address1 333 South Seventh Street
Address2 Suite 1000
All Time High 218.74
All Time Low 4.225
Ask 58.42
Ask Size 6
Audit Risk 1
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 614,610
Average Daily Volume3 Month 822,435
Average Volume 822,435
Average Volume10Days 614,610
Beta 0.615
Bid 56.83
Bid Size 6
Board Risk 1
Book Value 25.959
City Minneapolis
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 57.62
Current Ratio 2.172
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 58.6
Day Low 57.25
Debt To Equity 0.738
Display Name SPS Commerce
Earnings Call Timestamp End 1,777,581,000
Earnings Call Timestamp Start 1,777,581,000
Earnings Growth 0.469
Earnings Quarterly Growth 0.472
Earnings Timestamp 1,777,579,200
Earnings Timestamp End 1,777,579,200
Earnings Timestamp Start 1,777,579,200
Ebitda 176,560,992
Ebitda Margins 0.23493999
Enterprise To Ebitda 11.386
Enterprise To Revenue 2.675
Enterprise Value 2,010,299,136
Eps Current Year 4.49042
Eps Forward 5.0725
Eps Trailing Twelve Months 2.46
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 59.6044
Fifty Day Average Change -1.9844017
Fifty Day Average Change Percent -0.03329287
Fifty Two Week Change Percent -54.626347
Fifty Two Week High 153.16
Fifty Two Week High Change -95.54001
Fifty Two Week High Change Percent -0.6237922
Fifty Two Week Low 50.55
Fifty Two Week Low Change 7.0699997
Fifty Two Week Low Change Percent 0.13986152
Fifty Two Week Range 50.55 - 153.16
Financial Currency USD
First Trade Date Milliseconds 1,271,943,000,000
Float Shares 36,895,444
Forward Eps 5.0725
Forward P E 11.359289
Free Cashflow 124,239,376
Full Exchange Name NasdaqGS
Full Time Employees 2,948
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.69178003
Gross Profits 519,876,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00825
Held Percent Institutions 1.08597
Implied Shares Outstanding 37,390,874
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 2,154,461,952
Market State CLOSED
Max Age 86,400
Message Board Id finmb_34696
Most Recent Quarter 1,767,139,200
Net Income To Common 93,339,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,130,968,940
Number Of Analyst Opinions 11
Open 57.65
Operating Cashflow 178,790,000
Operating Margins 0.18004
Overall Risk 1
Payout Ratio 0.0
Peg Ratio 4.55
Phone 612 435 9400
Post Market Change -0.050800323
Post Market Change Percent -0.0881644
Post Market Price 57.5692
Post Market Time 1,776,462,489
Previous Close 56.55
Price Eps Current Year 12.831762
Price Hint 2
Price To Book 2.219654
Price To Sales Trailing12 Months 2.866863
Profit Margins 0.1242
Quick Ratio 1.422
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.58333
Region US
Regular Market Change 1.07
Regular Market Change Percent 1.89213
Regular Market Day High 58.6
Regular Market Day Low 57.25
Regular Market Day Range 57.25 - 58.6
Regular Market Open 57.65
Regular Market Previous Close 56.55
Regular Market Price 57.62
Regular Market Time 1,776,456,000
Regular Market Volume 467,005
Return On Assets 0.06718
Return On Equity 0.10208999
Revenue Growth 0.127
Revenue Per Share 19.839
Sand P52 Week Change 0.38150132
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 2
Shares Outstanding 36,967,108
Shares Percent Shares Out 0.0689
Shares Short 2,547,439
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,148,896
Short Name SPS Commerce, Inc.
Short Percent Of Float 0.081499994
Short Ratio 3.5
Source Interval 15
State MN
Symbol SPSC
Target High Price 110.0
Target Low Price 60.0
Target Mean Price 80.27273
Target Median Price 75.0
Total Cash 151,355,008
Total Cash Per Share 4.048
Total Debt 7,192,000
Total Revenue 751,505,024
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 2.46
Trailing P E 23.422764
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 92.3517
Two Hundred Day Average Change -34.7317
Two Hundred Day Average Change Percent -0.3760808
Type Disp Equity
Volume 467,005
Website https://www.spscommerce.com
Zip 55,402