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SPS Commerce Analyst Ratings

Benzinga ·  Nov 14, 2023 04:12
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/14/2023 16.21% DA Davidson → $200 Initiates Coverage On → Buy
10/27/2023 2.85% Northland Capital Markets $175 → $177 Upgrades Market Perform → Outperform
09/19/2023 19.12% Needham → $205 Reiterates Buy → Buy
07/28/2023 16.21% Craig-Hallum $165 → $200 Maintains Buy
07/28/2023 1.69% Northland Capital Markets $151 → $175 Maintains Market Perform
07/28/2023 19.12% Needham → $205 Reiterates Buy → Buy
07/27/2023 19.12% Needham → $205 Reiterates Buy → Buy
07/07/2023 16.21% Stifel $165 → $200 Maintains Buy
07/07/2023 19.12% Needham → $205 Reiterates Buy → Buy
06/15/2023 19.12% Needham $160 → $205 Maintains Buy
04/27/2023 -10.52% Northland Capital Markets $151 → $154 Maintains Market Perform
04/27/2023 -4.13% Craig-Hallum $160 → $165 Maintains Buy
04/27/2023 -4.13% JMP Securities → $165 Reiterates → Market Outperform
04/27/2023 -7.03% Needham → $160 Reiterates → Buy
03/06/2023 -7.03% Needham → $160 Reiterates → Buy
03/03/2023 -7.03% Needham → $160 Reiterates → Buy
02/10/2023 -12.26% Northland Capital Markets $148 → $151 Maintains Market Perform
02/10/2023 -4.13% JMP Securities $150 → $165 Maintains Market Outperform
02/10/2023 -7.03% Needham $150 → $160 Maintains Buy
12/14/2022 -12.26% Baird → $151 Downgrades Outperform → Neutral
07/21/2022 -12.84% Needham $200 → $150 Maintains Buy
02/10/2022 -7.03% JMP Securities $180 → $160 Maintains Market Outperform
10/29/2021 -1.22% Northland Capital Markets $140 → $170 Downgrades Outperform → Market Perform
10/29/2021 4.59% JMP Securities $130 → $180 Maintains Market Outperform
10/29/2021 16.21% Needham $130 → $200 Maintains Buy
09/21/2021 -2.96% Baird $130 → $167 Maintains Outperform
07/30/2021 -24.46% JMP Securities $120 → $130 Maintains Market Outperform
07/30/2021 -24.46% Baird $124 → $130 Upgrades Neutral → Outperform
04/30/2021 -28.53% Northland Capital Markets $113 → $123 Upgrades Market Perform → Outperform
02/12/2021 -24.46% Needham $115 → $130 Maintains Buy
10/29/2020 -44.8% Needham $80 → $95 Maintains Buy
06/05/2020 -53.52% Needham $70 → $80 Maintains Buy
02/14/2020 -58.74% Craig-Hallum $60 → $71 Maintains Buy
02/14/2020 -59.33% Needham $60 → $70 Maintains Buy
01/17/2020 Oppenheimer Downgrades Outperform → Perform
10/25/2019 First Analysis Upgrades Outperform → Strong Buy
09/04/2019 -65.14% Oppenheimer $120 → $60 Maintains Outperform
08/28/2019 -65.14% Canaccord Genuity $120 → $60 Maintains Buy
07/26/2019 -30.27% Canaccord Genuity $115 → $120 Maintains Buy
04/26/2019 -30.27% JMP Securities $98 → $120 Maintains Market Outperform
04/26/2019 First Analysis Upgrades Neutral → Outperform
03/18/2019 -30.27% Oppenheimer $112 → $120 Maintains Outperform
02/13/2019 -36.08% Canaccord Genuity $95 → $110 Maintains Buy

What is the target price for SPS Commerce (SPSC)?

The latest price target for SPS Commerce (NASDAQ: SPSC) was reported by DA Davidson on November 14, 2023. The analyst firm set a price target for $200.00 expecting SPSC to rise to within 12 months (a possible 16.21% upside). 20 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for SPS Commerce (SPSC)?

The latest analyst rating for SPS Commerce (NASDAQ: SPSC) was provided by DA Davidson, and SPS Commerce initiated their buy rating.

When is the next analyst rating going to be posted or updated for SPS Commerce (SPSC)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of SPS Commerce, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for SPS Commerce was filed on November 14, 2023 so you should expect the next rating to be made available sometime around November 14, 2024.

Is the Analyst Rating SPS Commerce (SPSC) correct?

While ratings are subjective and will change, the latest SPS Commerce (SPSC) rating was a initiated with a price target of $0.00 to $200.00. The current price SPS Commerce (SPSC) is trading at is $172.10, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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