SPSC (SPS Commerce) Momentum Rank: 5 (As of Sep. 15, 2026) — 17% Below Median

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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPSC SPS Commerce Inc SPSC
88 GF Score
Price $83.11
GF Value $182.68
Valuation Significantly Undervalued
! 1 Warning Sign
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What is SPS Commerce Momentum Rank?

SPS Commerce SPSC +0.42% 88 Momentum Rank is 5 as of Sep. 15, 2026, which is 17% below its 10-year median of 6.00. GuruFocus rates SPSC with a GF Score™ of 88/100 and a GF Value™ of $182.68 (Significantly Undervalued). The stock has 1 warning sign investors should review.

SPS Commerce has the Momentum Rank of 5.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

SPS Commerce Momentum Rank Related Terms

SPSC vs SOUN, KC, ADEA: Momentum Rank Comparison

For the Software - Application subindustry, SPS Commerce's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SPS Commerce Momentum Rank vs Software Industry

For the Software industry and Technology sector, SPS Commerce's Momentum Rank distribution charts can be found below:

* The bar in red indicates where SPS Commerce's Momentum Rank falls into.


SPSC
88GF Score
SPS Commerce Inc SPSC
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 5 mean?
SPS Commerce (SPSC) has a Momentum Rank of 5 as of Sep. 15, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on SPS Commerce and its competitors. This is 17% below median its historical median of 6.00. Over the past decade, SPS Commerce's Momentum Rank has ranged from 1.00 to 10.00.
Is SPS Commerce's Momentum Rank too high?
SPS Commerce's current Momentum Rank of 5 is 17% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, SPS Commerce has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SPS Commerce's Momentum Rank compare to SOUN and KC?
SPS Commerce's Momentum Rank of 5 can be compared against companies in the Software industry. Historically, SPS Commerce's own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Software company?
A good Momentum Rank depends on the Software industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on SPS Commerce and its competitors. SPS Commerce's current Momentum Rank is 5, which is 17% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPS Commerce stock overvalued right now?
Based on GuruFocus' analysis, SPS Commerce (SPSC) is currently considered Significantly Undervalued. The stock's GF Value™ is $182.68, compared to a current price of $83.11 — trading 54.5% below its estimated fair value. The current Momentum Rank is 5, which is 17% below median its 10-year median of 6.00. SPS Commerce's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For SPS Commerce (SPSC), the current Momentum Rank is 5 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SPS Commerce (SPSC) Overvalued in 2026?

Based on GuruFocus' analysis, SPS Commerce stock appears to be undervalued. The current stock price of $83.11 is trading 54.5% below its estimated GF Value™ of $182.68. GuruFocus considers SPS Commerce to be Significantly Undervalued.

Key valuation signals for SPSC:

  • Momentum Rank: 5 (17% below median its 10-year median of 6.00)
  • GF Value™: $182.68 vs. price of $83.11 (54.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the SPSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SPS Commerce Business Description

Other Exchanges 1SPSC:ItalyS86:Germany
Address 333 South Seventh Street, Suite 1000, Minneapolis, MN, USA, 55402
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. The company has one operating segment Supply Chain Management Solutions, that derives revenues from customers by providing access to cloud-based supply chain management services, primarily under subscription-based service arrangements.
88GF Score

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Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$83.11
Price
$182.68
GF Value