SPS Commerce, Inc. (SPSC) fair value analysis
Nasdaq · Updated 2026-10-19
SPSC price how computed
Forward Fair Value verdict
UndervaluedSPSC is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $85.25
- Sector
- Technology
- 12-month range
- $49.91–$112.24
- Market cap
- $3.07B
- From 52-week high
- -24.0%
- Shares outstanding
- 36M
- Rank in Technology by discount to fair value
- #163 of 181
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
SPS Commerce, Inc. is a cloud-based software company that provides supply chain management solutions to retailers, distributors, and suppliers. The company operates globally and serves customers across North America, Europe, and other international markets through its cloud-based platforms and services.
SPSC currently ranks #163 of 181 Technology stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $3.07B
- P/E (trailing)
- 20x
- Revenue (TTM)
- $772M
- Net margin
- 10.1%
- EPS (TTM)
- $4.24
- Gross margin
- 70.2%
- Debt / equity
- 0.01
- Revenue growth (3-yr avg)
- 15.3%
- Shares outstanding
- 36M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Undervalued
Technicals how computed
- RSI (14-day)
- 61 · neutral
- 50-day average
- $81.25
- 200-day average
- $68.28
- Moving-average state
- 50-day above 200-day (golden cross state); price above both averages
Earnings how computed
- Next earnings report
- 2026-10-29
- Last 8 quarters vs consensus
- 8 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+20.8%)
2026-03 ▲ beat (+12.2%)
2025-12 ▲ beat (+12.9%)
2025-09 ▲ beat (+13.0%)
2025-06 ▲ beat (+9.9%)
2025-03 ▲ beat (+17.6%)
2024-12 ▲ beat (+2.8%)
2024-09 ▲ beat (+10.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 3 buy · 8 hold · 1 sell (12 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $76.8
- Target vs last price
- -9.9%
What our data shows for SPSC
- Our model validated 17 trailing price-to-earnings windows for SPSC, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $49.91–$112.24.
- The 14-day relative strength index sits at a neutral 61.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for SPSC
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent SPSC news
TickrTrends' derived news-sentiment signal for SPSC is currently leaning positive, computed from recent coverage.
- SPS Commerce Inc (SPSC) Stock Up 3.0% and Still Undervalued -- GF Score: 88/100 (gurufocus.com, 2026-10-21)
TickrTrends take: SPSC's recent 3% price movement occurs within a context where TickrTrends' analysis suggests the stock remains undervalued despite the advance. With a GF Score of 88 out of 100, the company demonstrates strong fundamental qualities that may not yet be fully reflected in its current market price, particularly relevant for investors focused on valuation metrics in the Technology sector. A valuation-focused reader should monitor whether this pricing gap persists or narrows as market participants reassess the stock's quality relative to its cost. - SPSC Maintains Buy Rating by Citigroup -- Price Target Raised to $99 (gurufocus.com, 2026-10-20)
TickrTrends take: SPSC maintains analyst support from Citigroup with a raised price target of $99, which provides a concrete benchmark for assessing the stock's upside potential relative to its current market price. Given TickrTrends' assessment that SPSC trades at an undervalued level, the lifted price target from a major financial institution offers external validation that the market may be pricing the Technology sector company below its fundamental worth. Valuation-focused investors should monitor whether the stock's actual trading price moves toward the $99 target and track whether other analysts adjust their estimates in response to Citigroup's position. - SPS Commerce Announces Date of Third Quarter 2026 Financial Results (manilatimes.net, 2026-10-15)
TickrTrends take: SPS Commerce has announced it will release third quarter 2026 financial results, providing an upcoming opportunity for investors to assess the company's operational performance against its current undervalued status according to TickrTrends analysis. A valuation-focused reader should monitor whether the company's revenue growth, profitability metrics, and cash flow generation support the undervalued assessment in the Technology sector. The quarterly results will offer concrete data to evaluate whether the current market price adequately reflects SPS Commerce's intrinsic value or if valuation assumptions require adjustment.
More SPSC news
- SPSC Maintained by Stifel -- Price Target Raised to $85.00 (gurufocus.com, 2026-10-14)
- SPS Commerce: Strong Business, But A Sell At This Price (NASDAQ:SPSC) (seekingalpha.com, 2026-09-21)
- SPSC Looks 55.7% Undervalued on GF Value™ Amid Buyout Buzz (gurufocus.com, 2026-09-11)
- SPS Commerce, Inc. (SPSC) Presents at Citi's 2026 Global TMT Conference Transcript (seekingalpha.com, 2026-09-09)
What people are saying
Follow the SPSC conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is SPSC stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), SPSC is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is SPSC's TickrTrends verdict?
SPSC's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does SPSC compare to other Technology stocks?
SPSC ranks #163 of 181 Technology stocks in TickrTrends' coverage by discount to fair value.
Is SPSC overbought or oversold?
SPSC's 14-day RSI is in neutral territory - neither overbought nor oversold.
When does SPSC report earnings next?
SPSC's next earnings report is scheduled for 2026-10-29, per the published earnings calendar.
Does SPSC usually beat earnings estimates?
Over its last 8 reported quarters SPSC beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about SPSC?
Of 12 analysts covering SPSC, 3 rate it a buy, 8 a hold and 1 a sell - hold-leaning, with a consensus price target of $76.8 (-9.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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