SPSC
NEUTRAL
$57.62
Live
SPS Commerce, Inc. · NASDAQ
Target $78.82
(+36.8%)
$50.55
52W Range
$153.16
At a glance
Key valuation, profitability, growth, and risk metrics.
Updated Apr 20, 2026
Market cap
$2.15B
P/E
23.42
ROE
10.2%
Profit margin
12.4%
Debt/Equity
0.01
Dividend yield
N/A
AI Analysis
AI-powered fundamental assessment
Confidence
85%
SPSC exhibits exceptional fundamental health with a Piotroski F-Score of 8/9 and negligible debt (Debt/Equity 0.01), providing a strong safety floor. While the stock is trading below its intrinsic value ($72.57) and analyst target ($78.82), it is plagued by severe negative price momentum and bearish insider activity. The company's legendary track record of beating earnings estimates for 25 consecutive quarters suggests operational excellence, but the market is currently discounting the stock heavily. The disconnect between rock-solid fundamentals and a collapsing share price warrants a neutral stance until a technical bottom is established.
Key Strengths
Strong deterministic health (Piotroski F-Score 8/9)
Virtually debt-free balance sheet (Debt/Equity 0.01)
Exceptional earnings consistency with 25 quarters of beats
High gross margins (69.18%) indicating strong pricing power
Attractive forward P/E (11.36) relative to historical software valuations
Key Risks
Severe negative price momentum (1Y Change: -55.4%)
Bearish insider sentiment with selling from CEO, CFO, and CTO
High PEG ratio (4.55) suggesting current price may exceed growth justification
Lack of dividend yield for income support during volatility
Significant drawdown from 52-week high ($153.16 to $57.62)
AI Fair Value Estimate
Based on comprehensive analysis
$68.5
+18.9% above current price
Performance Snowflake
Multi-dimensional analysis across 5 key categories
Overall
54
Moderate
65
70
40
95
0
AI Verdict
Fundamental Powerhouse in a Technical Downtrend
Key drivers: Piotroski Score, Debt/Equity Ratio, Earnings Surprise History, Price Momentum
Confidence
90%
Value
65/100
P/E 23.42, Forward P/E 11.36, Graham $37.91
Positives
- Trading below Intrinsic Value
- Low Forward P/E
Watchpoints
- High PEG ratio
- Above Graham Number
Future
70/100
Ref Growth rates
Positives
- Strong Earnings Growth (46.9%)
- Consistent revenue growth
Watchpoints
- Moderate revenue growth (12.7%) compared to high-growth tech peers
Past
40/100
Ref Historical trends
Positives
- Unmatched earnings beat record
Watchpoints
- Catastrophic 1Y, 3Y, and 5Y price performance
Health
95/100
Ref Piotroski F-Score and Debt/Equity
Positives
- Piotroski 8/9
- Current Ratio 2.17
- Near-zero debt
Watchpoints
No urgent risks highlighted.
Dividend
0/100
Ref Yield 0%
Positives
No standout positives identified.
Watchpoints
- No dividend paid
Stock Price & Analyst Targets
Real-time price movements and analyst price targets
Current Price
$57.62
Analyst Target
$78.82
Upside/Downside
+36.8%
Multi-Horizon Performance vs Peers
Price momentum across 5Y → 1W horizons for SPSC and closest competitors.
Updated 2026-04-17
| Company | 5Y | 3Y | 1Y | 6M | 1M | 1W |
|---|---|---|---|---|---|---|
|
SPSC
SPS Commerce, Inc.
Primary
|
-44.1% | -61.8% | -55.4% | -47.2% | -4.0% | +12.0% |
|
QUBT
Quantum Computing Inc.
Peer
|
+36.7% | +608.9% | +49.3% | -47.8% | +32.0% | +35.5% |
|
PLUS
ePlus inc.
Peer
|
+64.9% | +64.4% | +42.7% | +16.0% | +8.9% | +0.6% |
|
NN
NextNav Inc.
Peer
|
+61.2% | +698.0% | +30.6% | +20.0% | -3.0% | +7.0% |
|
DAVE
Dave Inc.
Peer
|
-47.2% | +2883.4% | +117.2% | -18.4% | -25.2% | -4.9% |
SPS
SPS Commerce, Inc.
Primary
5Y
-44.1%
3Y
-61.8%
1Y
-55.4%
6M
-47.2%
1M
-4.0%
1W
+12.0%
QUB
Quantum Computing Inc.
Peer
5Y
+36.7%
3Y
+608.9%
1Y
+49.3%
6M
-47.8%
1M
+32.0%
1W
+35.5%
PLU
ePlus inc.
Peer
5Y
+64.9%
3Y
+64.4%
1Y
+42.7%
6M
+16.0%
1M
+8.9%
1W
+0.6%
NN
NextNav Inc.
Peer
5Y
+61.2%
3Y
+698.0%
1Y
+30.6%
6M
+20.0%
1M
-3.0%
1W
+7.0%
DAV
Dave Inc.
Peer
5Y
-47.2%
3Y
+2883.4%
1Y
+117.2%
6M
-18.4%
1M
-25.2%
1W
-4.9%
Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.
Historical Performance Trends
Long-term financial metrics and growth patterns
Revenue & Net Income
Profit & Operating Margins
Return on Equity (ROE)
Quarterly Revenue Growth
Historical data shows last 12 quarters (3 years)
Valuation Metrics
Key valuation ratios and pricing indicators
P/E Ratio
23.42
Forward P/E
11.36
PEG Ratio
4.55
P/B Ratio
2.22
P/S Ratio
2.87
EV/Revenue
2.67
EV/EBITDA
11.39
Market Cap
$2.15B
Profitability
Profit margins and return metrics
Profit Margin
12.42%
Operating Margin
18.0%
Gross Margin
69.18%
ROE
10.21%
ROA
6.72%
Growth
Revenue and earnings growth rates
Revenue Growth
+12.7%
Earnings Growth
+46.9%
Q/Q Revenue Growth
+12.72%
Q/Q Earnings Growth
+47.2%
Financial Health
Balance sheet strength and liquidity metrics
Debt/Equity
0.01
Low debt
Current Ratio
2.17
Strong
Quick Ratio
1.42
Good
Cash/Share
$4.05
Financial Statement Flow
Interactive flow visualization showing how money moves through the company Q4 2025
Revenue
$0.2B
Gross Margin
70.4%
Op. Margin
18.0%
Net Margin
13.4%
Total Assets
$1.2B
Liabilities
$0.2B
Equity
$1.0B
Debt/Equity
0.20x
Operating CF
$0.0B
CapEx
$-0.0B
Free Cash Flow
$0.0B
FCF Yield
83%
Quarterly Earnings History
EPS performance vs analyst estimates
2026-04-30
$N/A
2026-02-12
$1.14
+13.1% surprise
2025-10-30
$1.13
+13.3% surprise
2025-07-30
$1.0
+10.3% surprise
Technology Sector Comparison
Comparing SPSC against 465 companies in the Technology sector
(38 bullish, 160 neutral, 267 bearish)
P/E Ratio
23.42
This Stock
vs
87.62
Sector Avg
-73.3%
(Discount)
Return on Equity (ROE)
10.21%
This Stock
vs
-35.49%
Sector Avg
-128.8%
(Below Avg)
Profit Margin
12.42%
This Stock
vs
-12.71%
Sector Avg
-197.7%
(Weaker)
Debt to Equity
0.01
This Stock
vs
0.69
Sector Avg
-98.9%
(Less Debt)
Revenue Growth
12.7%
This Stock
vs
5335.22%
Sector Avg
-99.8%
(Slower)
Current Ratio
2.17
This Stock
vs
3.85
Sector Avg
-43.5%
(Weaker)
Similar Companies
Peer comparison within the same industry
| Company | AI Rating | Market Cap | P/E | ROE | Profit Margin | Price | |
|---|---|---|---|---|---|---|---|
|
SPSC
SPS Commerce, Inc.
|
NEUTRAL | $2.15B | 23.42 | 10.2% | 12.4% | $57.62 | |
|
QUBT
Quantum Computing Inc.
|
BEARISH | $2.15B | - | -2.2% | -% | $9.57 | Compare |
|
PLUS
ePlus inc.
|
NEUTRAL | $2.18B | 14.7 | 14.6% | 5.5% | $82.31 | Compare |
|
NN
NextNav Inc.
|
BEARISH | $2.19B | - | -% | -% | $16.12 | Compare |
|
DAVE
Dave Inc.
|
BULLISH | $2.2B | 12.87 | 73.1% | 35.3% | $165.58 | Compare |
SPSC
SPS Commerce, Inc.
NEUTRAL
Mkt Cap
$2.2B
P/E
23.4
ROE
10.2%
Price
$57.62
Recent Insider Trading
Insider buy and sell transactions from the last 6 months
| Date | Insider | Position | Transaction | Shares | Value |
|---|---|---|---|---|---|
| 2026-04-07 | REAUME MARTY M | Director | Sale | 1,000 | $57,900 |
| 2026-04-07 | REAUME MARTY M | Director | Option Exercise | 1,000 | $51,800 |
| 2026-03-13 | RELLER TAMI L | Director | Option Exercise | 5,732 | $296,918 |
| 2026-03-09 | REAUME MARTY M | Director | Sale | 1,000 | $62,730 |
| 2026-03-09 | REAUME MARTY M | Director | Option Exercise | 1,000 | $51,800 |
| 2026-02-24 | THINGELSTAD JAMIE J | Chief Technology Officer | Sale | 2,418 | $132,852 |
| 2026-02-20 | NELSON KIMBERLY K | Chief Financial Officer | Stock Award | 39,689 | - |
| 2026-02-20 | NELSON KIMBERLY K | Chief Financial Officer | Sale | 6,300 | $369,527 |
| 2026-02-20 | MCCONNELL MICHAEL J | Director | Stock Award | 3,451 | - |
| 2026-02-20 | THINGELSTAD JAMIE J | Chief Technology Officer | Stock Award | 23,295 | - |
| 2026-02-20 | CHIMA FUMBI F. | Director | Stock Award | 3,451 | - |
| 2026-02-20 | COLLINS CHADWICK | Chief Executive Officer | Stock Award | 101,932 | - |
| 2026-02-20 | COLLINS CHADWICK | Chief Executive Officer | Sale | 13,384 | $785,128 |
| 2026-02-20 | ROSINI EDUARDO | Officer | Stock Award | 29,335 | - |
| 2026-02-09 | REAUME MARTY M | Director | Sale | 1,000 | $79,920 |
REAUME MARTY M
Director
2026-04-07
1,000 shares
·
$57,900
REAUME MARTY M
Director
2026-04-07
1,000 shares
·
$51,800
RELLER TAMI L
Director
2026-03-13
5,732 shares
·
$296,918
REAUME MARTY M
Director
2026-03-09
1,000 shares
·
$62,730
REAUME MARTY M
Director
2026-03-09
1,000 shares
·
$51,800
THINGELSTAD JAMIE J
Chief Technology Officer
2026-02-24
2,418 shares
·
$132,852
NELSON KIMBERLY K
Chief Financial Officer
2026-02-20
39,689 shares
NELSON KIMBERLY K
Chief Financial Officer
2026-02-20
6,300 shares
·
$369,527
MCCONNELL MICHAEL J
Director
2026-02-20
3,451 shares
THINGELSTAD JAMIE J
Chief Technology Officer
2026-02-20
23,295 shares
CHIMA FUMBI F.
Director
2026-02-20
3,451 shares
COLLINS CHADWICK
Chief Executive Officer
2026-02-20
101,932 shares
COLLINS CHADWICK
Chief Executive Officer
2026-02-20
13,384 shares
·
$785,128
ROSINI EDUARDO
Officer
2026-02-20
29,335 shares
REAUME MARTY M
Director
2026-02-09
1,000 shares
·
$79,920
Insider transactions can signal confidence or concerns about company prospects
SEC Filings
Recent regulatory filings from the SEC EDGAR database
8-K
DEF 14A
10-K
8-K
8-K
10-Q
8-K
8-K
10-Q
8-K
Data sourced from SEC EDGAR. AI summaries generated automatically.
Wall Street Analysts
Professional analyst ratings and price targets
Consensus
HOLD
11 analysts
Rothschild & Co
2026-04-16
Buy
Neutral
DA Davidson
2026-02-17
Neutral
Neutral
Citigroup
2026-02-13
Buy
Buy
Stifel
2026-02-13
Hold
Hold
Morgan Stanley
2025-11-11
Overweight
Equal-Weight
Citigroup
2025-10-31
Buy
Buy
DA Davidson
2025-10-31
Neutral
Neutral
Cantor Fitzgerald
2025-10-31
Overweight
Neutral
Stifel
2025-10-31
Buy
Hold
Needham
2025-10-31
Buy
Buy
Past News Coverage
Recent headlines mentioning SPSC from our newsroom.
Newest → oldest
No matching news yet.