Northland Capmk Weighs in on SPS Commerce FY2026 Earnings

SPS Commerce, Inc. (NASDAQ:SPSC) – Investment analysts at Northland Capmk issued their FY2026 earnings per share estimates for shares of SPS Commerce in a report issued on Tuesday, February 11th. Northland Capmk analyst N. Chokshi forecasts that the software maker will post earnings per share of $3.36 for the year. The consensus estimate for SPS Commerce’s current full-year earnings is $2.38 per share.

SPS Commerce (NASDAQ:SPSC) last issued its quarterly earnings results on Monday, February 10th. The software maker reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.21). SPS Commerce had a net margin of 12.83% and a return on equity of 12.60%.

Several other brokerages have also issued reports on SPSC. Robert W. Baird decreased their price target on shares of SPS Commerce from $188.00 to $175.00 and set a “neutral” rating for the company in a research note on Tuesday. Stifel Nicolaus cut their price target on SPS Commerce from $225.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday. Needham & Company LLC decreased their price objective on SPS Commerce from $230.00 to $210.00 and set a “buy” rating for the company in a report on Tuesday. Northland Securities reiterated a “market perform” rating and set a $181.00 target price (down previously from $209.00) on shares of SPS Commerce in a research report on Tuesday. Finally, Citigroup lowered their price target on shares of SPS Commerce from $237.00 to $233.00 and set a “buy” rating on the stock in a research report on Monday, January 27th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, SPS Commerce currently has an average rating of “Moderate Buy” and an average price target of $207.11.

SPS Commerce Stock Performance

NASDAQ SPSC opened at $153.74 on Thursday. The company has a market capitalization of $5.78 billion, a PE ratio of 74.00 and a beta of 0.88. SPS Commerce has a 52-week low of $147.27 and a 52-week high of $218.61. The company has a 50-day simple moving average of $186.73 and a 200 day simple moving average of $189.28.

Insider Activity at SPS Commerce

In other SPS Commerce news, EVP Dan Juckniess sold 5,831 shares of SPS Commerce stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $200.31, for a total transaction of $1,168,007.61. Following the sale, the executive vice president now directly owns 23,833 shares of the company’s stock, valued at approximately $4,773,988.23. The trade was a 19.66 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kimberly K. Nelson sold 9,290 shares of SPS Commerce stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $181.09, for a total value of $1,682,326.10. Following the sale, the chief financial officer now owns 147,002 shares in the company, valued at $26,620,592.18. This represents a 5.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,230 shares of company stock worth $6,379,187 in the last 90 days. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On SPS Commerce

Several large investors have recently made changes to their positions in SPSC. Vanguard Group Inc. increased its position in SPS Commerce by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 4,630,859 shares of the software maker’s stock valued at $852,032,000 after buying an additional 67,687 shares in the last quarter. State Street Corp grew its position in SPS Commerce by 1.1% during the 3rd quarter. State Street Corp now owns 1,444,083 shares of the software maker’s stock valued at $280,398,000 after purchasing an additional 16,357 shares during the last quarter. Conestoga Capital Advisors LLC increased its stake in SPS Commerce by 1.7% during the 3rd quarter. Conestoga Capital Advisors LLC now owns 1,248,581 shares of the software maker’s stock valued at $242,437,000 after purchasing an additional 21,170 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of SPS Commerce by 1.5% in the third quarter. Geode Capital Management LLC now owns 937,321 shares of the software maker’s stock worth $182,287,000 after buying an additional 14,174 shares in the last quarter. Finally, FMR LLC grew its holdings in shares of SPS Commerce by 18.3% during the third quarter. FMR LLC now owns 677,145 shares of the software maker’s stock valued at $131,481,000 after buying an additional 104,769 shares during the last quarter. 98.96% of the stock is currently owned by hedge funds and other institutional investors.

About SPS Commerce

SPS Commerce, Inc provides cloud-based supply chain management solutions in the United States and internationally. It offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, distributors, and logistics firms manage and fulfill omnichannel orders, optimize sell-through performance, and automate new trading relationships.