SPS Commerce, Inc. (SPSC) Stock Analysis
Recovery setup
Technology · Software - Application
Hold if already holding. Not a fresh buy at $55.29, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; Below 200-MA, MA slope -11.1%/30d (confirmed downtrend).
SPS Commerce operates a cloud-based supply chain network connecting retailers, suppliers, and logistics providers globally, enabling trading partner compliance and order automation. It generated $751.5M in revenue in 2025 (96% recurring), with no single customer exceeding 1% of... Read more
Hold if already holding. Not a fresh buy at $55.29, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; Below 200-MA, MA slope -11.1%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 56. Maintain position. Not compelling to add more. Score 6.2/10, moderate confidence.
Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 52d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-15Recent Developments — SPS Commerce, Inc.
Latest news
- NEWS How Conestoga’s SPSC Stake Cut and Softer 2026 Outlook Will Impact SPS Commerce (SPSC) Investors - Yahoo Finance — Yahoo Finance negative
- NEWS Conestoga Capital Advisors Sells $45 Million Stake in SPS Commerce - HarianBasis.co — HarianBasis.co negative
- NEWS Should You Consider Selling Your Position in SPS Commerce (SPSC)? - Yahoo Finance — Yahoo Finance negative
- NEWS SPS Commerce (SPSC) Tops Q1 Earnings Estimates - Yahoo Finance — Yahoo Finance positive
- NEWS SPS Commerce SPSC Q1 2026 Earnings Transcript - The Globe and Mail — The Globe and Mail neutral
Generated 2026-06-15T18:11:47Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Material Events(8-K, last 90d)
- 2026-04-14Item 5.02LOWAll outstanding PSU awards amended to standardize double-trigger vesting across 2024, 2025, and 2026 grants, effective April 10, 2026. Compensatory arrangement change; no officer departure.SEC filing →
- 2026-02-12Item 1.01MEDIUMCooperation Agreement with activist investor Anson Funds: board expanded to 10, Michael J. McConnell and Fumbi Chima appointed as directors. Anson agreed to standstill and vote with board through 2027 nomination deadline.SEC filing →
- 2026-02-12Item 5.02MEDIUMJoseph Del Preto appointed EVP & CFO effective March 16, 2026, succeeding Kimberly Nelson who announced retirement. Del Preto previously CFO of Sprout Social since July 2017. Clean handoff.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $55.29, but acceptable to hold if already in. Reasons: Thin upside margin: 7.1%; Below 200-MA, MA slope -11.1%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 56. Maintain position. Not compelling to add more. Target $59.24 (+7.1%), stop $51.43 (−7.5%), A.R:R 0.8:1. Score 6.2/10, moderate confidence.
Take-profit target: $59.24 (+7.1% upside). Target $59.24 (+7.1%), stop $51.43 (−7.5%), A.R:R 0.8:1. Stop-loss: $51.43.
Thin upside margin: 7.1%; Below 200-MA, MA slope -11.1%/30d (confirmed downtrend).
SPS Commerce, Inc. trades at a P/E of 22.9 (forward 10.6). TrendMatrix value score: 7.7/10. Verdict: Hold.
18 analysts cover SPSC with a consensus score of 3.6/5. Average price target: $68.
What does SPS Commerce, Inc. do?SPS Commerce operates a cloud-based supply chain network connecting retailers, suppliers, and logistics providers...
SPS Commerce operates a cloud-based supply chain network connecting retailers, suppliers, and logistics providers globally, enabling trading partner compliance and order automation. It generated $751.5M in revenue in 2025 (96% recurring), with no single customer exceeding 1% of total revenues.