Northland Capmk Predicts SPS Commerce FY2026 Earnings

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

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

Other research analysts have also recently issued research reports about the stock. Needham & Company LLC cut their price objective on shares of SPS Commerce from $230.00 to $210.00 and set a “buy” rating on the stock in a research report on Tuesday. Citigroup cut their price target on SPS Commerce from $237.00 to $233.00 and set a “buy” rating on the stock in a research note on Monday, January 27th. Robert W. Baird lowered their target price 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. Piper Sandler reduced their price target on SPS Commerce from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday. Finally, Northland Securities reaffirmed a “market perform” rating and issued a $181.00 price target (down previously from $209.00) on shares of SPS Commerce in a report on Tuesday. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $207.11.

SPS Commerce Price Performance

NASDAQ SPSC opened at $153.74 on Thursday. The business has a 50 day simple moving average of $186.73 and a two-hundred day simple moving average of $189.28. SPS Commerce has a 1-year low of $147.27 and a 1-year high of $218.61. The stock has a market capitalization of $5.78 billion, a PE ratio of 74.00 and a beta of 0.88.

Institutional Investors Weigh In On SPS Commerce

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in SPS Commerce in the fourth quarter valued at approximately $81,543,000. JPMorgan Chase & Co. boosted its position in shares of SPS Commerce by 99.3% in the 4th quarter. JPMorgan Chase & Co. now owns 507,014 shares of the software maker’s stock worth $93,286,000 after buying an additional 252,575 shares in the last quarter. Franklin Resources Inc. grew its holdings in SPS Commerce by 94.5% during the 3rd quarter. Franklin Resources Inc. now owns 432,801 shares of the software maker’s stock valued at $84,747,000 after buying an additional 210,284 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of SPS Commerce during the fourth quarter valued at $27,441,000. Finally, Geneva Capital Management LLC raised its stake in SPS Commerce by 31.1% in the 4th quarter. Geneva Capital Management LLC now owns 581,801 shares of the software maker’s stock valued at $107,045,000 after purchasing an additional 138,014 shares during the last quarter. 98.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other SPS Commerce news, CFO Kimberly K. Nelson sold 9,290 shares of the stock in a transaction that occurred on Wednesday, February 5th. The shares were sold at an average price of $181.09, for a total transaction of $1,682,326.10. Following the sale, the chief financial officer now directly owns 147,002 shares in the company, valued at $26,620,592.18. This represents a 5.94 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dan Juckniess sold 5,831 shares of the firm’s 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 in the company, valued at approximately $4,773,988.23. The trade was a 19.66 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 34,230 shares of company stock worth $6,379,187 over the last three months. Insiders own 1.00% of the company’s stock.

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.