SPS Commerce, Inc. (SPSC) fair value analysis

Nasdaq · Updated 2026-09-07

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.

Forward Fair Value verdict

Undervalued

Based on TickrTrends' weekly Forward Fair Value model, SPSC is trading at more than a 25% discount to estimated fair value.

SPSC currently ranks #4 of 199 Technology stocks by discount to Forward Fair Value. It has screened as Undervalued for 3 consecutive weekly runs.

Last price: $75.54
Sector: Technology
12-month range: $56.23–$103.37

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: C
Leverage: Low
RSI zone: Neutral
50/200-day trend: Uptrend
52-week position: The lower-middle quarter of its range

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 $56.23–$103.37.
The 14-day relative strength index sits at a neutral 65.

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

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent SPSC news

TickrTrends' derived news-sentiment signal for SPSC is currently leaning positive, computed from recent coverage.

SPS Commerce Inc (SPSC) Shares Surge 4.7% -- What GF Score of 86 Tells Investors (gurufocus.com, 2026-08-28)
TickrTrends take: SPS Commerce Inc operates in the Technology sector where valuation metrics play a critical role in investment decisions. TickrTrends currently derives an Undervalued verdict for SPSC, suggesting the market may not be fully pricing in the company's fundamentals relative to its current trading levels. A GF Score of 86 indicates strong underlying quality metrics, which could support the case that recent share price movement reflects an opportunity worth monitoring for value-focused investors tracking technology sector opportunities.
SPS Commerce outlines 2026 revenue of $788.4M-$793.4M as it targets AI agent monetization by late Q4 (NASDAQ:SPSC) (seekingalpha.com, 2026-07-31)
TickrTrends take: SPS Commerce's 2026 revenue guidance in the $788-$793 million range reflects the company's confidence in execution as it pursues AI agent monetization opportunities. TickrTrends currently identifies the stock as undervalued within the Technology sector, suggesting the market may not be fully pricing in the revenue growth trajectory and potential margin expansion from AI-driven product initiatives. Investors focused on valuation metrics should monitor whether the company achieves its late Q4 monetization targets, as success could validate the undervaluation thesis and support multiple expansion.
SPS Commerce, Inc. (SPSC) Q2 2026 Earnings Call Transcript (seekingalpha.com, 2026-07-31)
TickrTrends take: SPS Commerce's Q2 2026 earnings call provides the underlying operational data that informs TickrTrends' current undervalued assessment of the company. Valuation-focused readers should examine the company's revenue growth, operating margins, and forward guidance from this earnings call to understand whether the market is overlooking profitable expansion opportunities in the Software-as-a-Service space where SPSC operates. The earnings transcript will reveal whether the Technology sector company is generating sufficient returns on capital to justify a higher valuation multiple than the market currently assigns.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — SPSC's derived indicators showed mixed movement this week. The 50/200-day trend state shifted from mixed to uptrend, while momentum declined from A-rated to none, and the RSI zone moved from overbought to neutral territory. The stock maintains an undervalued valuation verdict according to current analysis.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is SPSC stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), 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 #4 of 199 Technology stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is SPSC overbought or oversold?

SPSC's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Technology fair-value coverage →

Head-to-head comparisons

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