
SPS Commerce (SPSC) Stock Forecast & Price Target
SPS Commerce (SPSC) Analyst Ratings
Bulls say
SPS Commerce is experiencing a shift in their pricing model, which should improve gross profit margins and revenue visibility. However, there may be a decrease in revenue due to the $20/month subscription fee for 3P customers and potential churn from small customers. Despite this, the company is making strategic moves to focus on their 1P business, which should provide a stable revenue base and potential for growth in the future. Additionally, the company is taking steps to mitigate the impact of Amazon's policy changes and has seen growth in their revenue recovery business outside of Amazon.
Bears say
SPS Commerce is facing challenges in its 3P revenue recovery business, leading to a ~$20M loss and a decline in 3P customer count, as well as lower-than-expected revenue and gross margin. The company's shift towards first-party (1P) supplier relationships is expected to lead to churn and a decline in revenue, and the overall growth in 1P customer count is slowing down. While management remains confident in the company's core business and product roadmap, the current headwinds and competition could pose a risk to future growth and profitability.
This aggregate rating is based on analysts' research of SPS Commerce and is not a guaranteed prediction by Public.com or investment advice.
SPS Commerce (SPSC) Analyst Forecast & Price Prediction
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