Cantor Fitzgerald has commenced coverage on SPS Commerce (SPSC, Financial), assigning an Overweight rating and setting a price target at $170. The company is recognized as a leader in cloud-based electronic data interchange (EDI) services, providing an extensive range of cloud solutions that facilitate automated order fulfillment, invoicing, revenue recovery, and advanced analytics. The analyst highlights the firm's steady growth trajectory, robust competitive edge, and ongoing expansion of its product offerings as key strengths.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for SPS Commerce Inc (SPSC, Financial) is $179.25 with a high estimate of $210.00 and a low estimate of $159.00. The average target implies an upside of 29.04% from the current price of $138.91. More detailed estimate data can be found on the SPS Commerce Inc (SPSC) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, SPS Commerce Inc's (SPSC, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for SPS Commerce Inc (SPSC, Financial) in one year is $260.55, suggesting a upside of 87.57% from the current price of $138.91. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the SPS Commerce Inc (SPSC) Summary page.
