
SPS Commerce (SPSC) Stock Forecast & Price Target
SPS Commerce (SPSC) Analyst Ratings
Bulls say
SPS Commerce Inc. demonstrates a robust growth trajectory, with total revenue increasing by 16.0% year-over-year and organic recurring revenue experiencing a growth rate of 10.5%. The company's gross margin has improved to 71.2%, reflecting a 190 basis points year-over-year increase, and adjusted EBITDA is projected to reach $246.3-$266.7 million, representing a rise of 11.2%. Furthermore, the expected expansion of the adjusted EBITDA margin to approximately 32.7% indicates strong operational efficiency and profitability, contributing to a positive long-term financial outlook.
Bears say
SPS Commerce's negative outlook is primarily driven by a downward revision of its adjusted EBITDA guidance, now projected between $229.7 million and $231.7 million, reflecting a slight decrease in margin expectations. The company's revenue for the fiscal year 2025 has been lowered to between $751.6 million and $753.6 million, indicating a decline in growth rates from the previously anticipated figures due to underperformance in the Carbon6 revenue recovery business and weak seasonality trends. Furthermore, the stock has experienced a significant decline of approximately 26% following a missed revenue target for the third quarter of 2025 and a weaker preliminary growth outlook for 2026, exacerbated by ongoing macroeconomic challenges.
This aggregate rating is based on analysts' research of SPS Commerce and is not a guaranteed prediction by Public.com or investment advice.
SPS Commerce (SPSC) Analyst Forecast & Price Prediction
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