SPS CommerceSPSC
About: SPS Commerce Inc is a provider of cloud-based supply chain management services for retailers, grocers, distributors, suppliers, and logistics firms to increase supply chain performance, optimize inventory levels and sell-through, reduce operational costs, improve order visibility, and satisfy consumer demands for a seamless omnichannel experience. Its solutions are delivered through the SPS Commerce platform and provide integrations and retail performance analytics to its customers. Its products are; Fulfillment, Analytics, and Other products like Assortment and Community also it provides one-time services such as professional services and testing and certification. The group derives revenue from subscription-based recurring revenue services.
Employees: 2,783
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
278% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $3.66M
8% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 157
2.45% less ownership
Funds ownership: 100.2% [Q4 2024] → 97.75% (-2.45%) [Q1 2025]
3% less funds holding
Funds holding: 455 [Q4 2024] → 440 (-15) [Q1 2025]
11% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 73
25% less funds holding in top 10
Funds holding in top 10: 4 [Q4 2024] → 3 (-1) [Q1 2025]
29% less capital invested
Capital invested by funds: $6.93B [Q4 2024] → $4.9B (-$2.03B) [Q1 2025]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Cantor Fitzgerald Matthew Vanvliet | 26%upside $170 | Overweight Initiated | 3 Jun 2025 |
Baird Joe Vruwink | 18%upside $159 | Neutral Maintained | 25 Apr 2025 |
Needham Scott Berg | 56%upside $210 | Buy Reiterated | 25 Apr 2025 |
DA Davidson Gil Luria | 30%upside $175 | Buy Maintained | 14 Apr 2025 |
Financial journalist opinion
