On June 3, 2025, Cantor Fitzgerald, led by analyst Matthew Vanvliet, initiated coverage on SPS Commerce (SPSC, Financial) with an "Overweight" rating. The initiation comes with a price target set at USD 170.00, indicating a positive outlook for the stock.
This new coverage on SPSC by Cantor Fitzgerald marks a noteworthy development for investors, as the assigned "Overweight" rating suggests potential upward movement in the stock's value. The absence of any prior rating or price target for SPSC emphasizes the significance of this fresh analysis by the firm.
SPS Commerce, trading under the ticker SPSC, is expected to draw attention in the market following this initiation, as investors consider the implications of Cantor Fitzgerald's assessment. The decision reflects confidence in the company's growth prospects and potential returns on investment.
With this newly announced target of USD 170.00, SPS Commerce (SPSC, Financial) may garner increased interest from market participants looking for opportunities aligned with Cantor Fitzgerald's optimistic view.
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.
