SPS Commerce, Inc. (SPSC) Stock Price & Analysis

SPS Commerce, Inc. (SPSC) closed at USD 85.59 on Wednesday, October 28, 2026, down 0.75% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 86.24; the Oct 28, 2026 session ranged USD 84.61–87.6 on volume of 697,662 shares. Market capitalization is $3.08B, with a 52-week range of USD 49.04–110.61 (NMS). Source: Nexqual, retrieved October 29, 2026 at 07:15 UTC.

Also available as compact Markdown for AI agents: nexqual.com/SPSC.md

Key facts (SPSC)

• Last four reported quarters (through Jun 30, 2026): revenue $772M, net income $78.0M (10.1% margin), free cash flow $199M (SEC filings).
• Valuation: P/E 39.5x (avg 79.0x at the last 3 fiscal year-ends).
• Insider open-market sales, last ~7 months: 1 Form 4 filings, $57K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
• Analysts: Hold (mean 2.75 on a 1–5 scale) (12 analysts), mean target USD 81.55 (range 65–103).
• Total return with dividends: 1Y -18.6% vs S&P 500 +13.6%; 5Y -44.0% vs S&P 500 +79.8%.
• Next earnings: 2026-10-29, EPS estimate USD 1.23, revenue estimate $198M.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (SPSC)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (SPSC)

P/E 39.5x · P/S 4.0x · P/FCF 15.5x · P/B 3.3x · FCF yield 6.45% · Earnings yield 2.53% · Buyback yield (TTM) 4.97%

P/E at fiscal year-ends: Dec 2025 36.3x, Dec 2024 90.4x, Dec 2023 110.4x.

Insider sales (SEC Form 4, open-market, last ~7 months) (SPSC)

1 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (SPSC)

Consensus Hold (mean 2.75 on a 1–5 scale), 12 analysts; mean target USD 81.55 (low 65, high 103).

Rating changes, last 120 days:

Total return (dividends reinvested) (SPSC)

SPSC earnings history and stock reaction

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

SPSC recent SEC filings (last 120 days)

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

SPSC suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Feb 19, 2026.

SPSC company outlook (results filed Jul 30, 2026)

• “As a result of the divestiture of the 3P Revenue Recovery business on June 30, 2026, guidance factors in a reduction of approximately $10.5 million in revenue to the second half of 2026.”
• “The divestiture is expected to be neutral to Adjusted EBITDA in the second half of 2026.”

Quoted word-for-word from the SEC 8-K results press release.

SPSC analyst estimates and revisions

SPSC options: expected move

Options price a move of about ±12.5% (±$10.65) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±11.9% on average.

30-day implied volatility 49.6% vs 29.3% realized over the last 30 trading days. Put/call ratio (volume) 18.75. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 29, 2026 at 07:15 UTC)

Technical Analysis (SPSC)

Nexqual's technical model rates SPSC "NEUTRAL" based on 3 bullish and 2 bearish signals across 127 daily candles, as of October 29, 2026 at 07:15 UTC.

Analyst Ratings (SPSC)

Wall Street analysts rate SPSC "Hold" based on 12 analysts, with a mean price target of USD 81.55 (range USD 65–103), per Nexqual as of October 29, 2026 at 07:15 UTC.

Earnings (SPSC)

Recent Earnings History

Source: Nexqual, October 29, 2026 at 07:15 UTC.

Financials & Fundamentals (SPSC)

Source: Nexqual, October 29, 2026 at 07:15 UTC.

Financial Health Score (SPSC)

Nexqual rates SPS Commerce, Inc.'s overall financial health "Strong" across five dimensions, as of October 29, 2026 at 07:15 UTC.

Ownership (SPSC)

Source: Nexqual, October 29, 2026 at 07:15 UTC.

Leadership (SPSC)

SPS Commerce, Inc. is led by Chadwick Collins, CEO & Director, per Nexqual as of October 29, 2026 at 07:15 UTC.

Major Backers & Investors (SPSC)

Notable institutional backers of SPS Commerce, Inc. include Disciplined Growth Investors, Inc., Neuberger Berman Group, LLC, Goldman Sachs, according to Nexqual as of October 29, 2026 at 07:15 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 29, 2026 at 07:15 UTC.

From SPS Commerce, Inc.'s Latest SEC 10-K Filing (filed 2026-02-19)

Key Strengths & Strategy (as disclosed to the SEC)

• For example, software partners such as Microsoft, NetSuite, Oracle, SAP, Sage, and their business partner communities generate sales for us as part of broader enterprise resource planning, warehouse management system and/or transportation management system sales efforts.
• SPS Commerce relies on a combination of copyright, trademark, patent and trade secret laws as well as confidentiality procedures and contractual provisions to protect our proprietary technology and our brand.
• Our multi-tenant products serve all of our customers, which allows us to maintain relatively low research and development expenses and release software updates more frequently compared to traditional on-premise licensed software products that support multiple versions.
• We operate our infrastructure in third-party data centers located throughout North America, Europe, and Australia, as well as provisioned services with cloud providers.

Partnerships

• We also believe there are valuable opportunities to promote and sell our products through collaboration with other providers. •Expand Our International Presence - We believe our presence in Asia Pacific and Europe has created a foundation to expand our global presence.

Legal & Regulatory Risks (Item 1A, quoted)

• The supply chain management industry and its enabling technologies are characterized by the existence of a large number of patents, copyrights, trademarks, and trade secrets and by frequent litigation based on allegations of infringement or other violations of intellectual property rights. As we seek to extend our products, we could be constrained by the intellectual property rights of others.
• Privacy concerns and laws, evolving regulation of the internet and cloud computing, cross-border data transfer restrictions and other domestic or foreign regulations may limit the use and adoption of our products and adversely affect our business.
• The costs of compliance with and other burdens imposed by laws, regulations and standards are significant and may limit the use and adoption of our services and reduce overall demand for them, or lead to material fines, penalties, or liabilities for noncompliance.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 07:15 UTC. This page is informational and not investment advice.

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