Piper Sandler initiated coverage on SPS Commerce with a new price target
$SPSC
Computer Software: Prepackaged Software
Technology
Piper Sandler initiated coverage of SPS Commerce with a rating of Neutral and set a new price target of $198.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/25/2024 | $198.00 | Neutral | Piper Sandler |
| 7/29/2024 | Outperform → Market Perform | Northland Capital | |
| 5/14/2024 | $220.00 | Buy | Redburn Atlantic |
| 3/13/2024 | $216.00 | Buy | Citigroup |
| 11/14/2023 | $200.00 | Buy | DA Davidson |
| 10/27/2023 | $175.00 → $177.00 | Market Perform → Outperform | Northland Capital |
| 12/14/2022 | $151.00 | Outperform → Neutral | Robert W. Baird |
| 2/10/2022 | $180.00 → $160.00 | Market Outperform | JMP Securities |
Piper Sandler initiated coverage of SPS Commerce with a rating of Neutral and set a new price target of $198.00
Northland Capital downgraded SPS Commerce from Outperform to Market Perform
Redburn Atlantic initiated coverage of SPS Commerce with a rating of Buy and set a new price target of $220.00
Company delivers 95th consecutive quarter of topline growth Revenue and recurring revenue growth of 21% year-over-year MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail supply chain cloud services, today announced financial results for the third quarter ended September 30, 2024. Financial Highlights Third Quarter 2024 Financial Highlights Revenue was $163.7 million in the third quarter of 2024, compared to $135.7 million in the third quarter of 2023, reflecting 21% growth.Recurring revenue grew 21% from the third quarter of 2023.Net income was $23.5 million or $0.62 per diluted share, compared to net income of $16.8 million or $0.45 pe
MINNEAPOLIS, Oct. 10, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail supply chain cloud services, today announced that it will issue its financial results for the third quarter ended September 30, 2024, after the market close on Thursday, October 24, 2024. SPS Commerce will host a call to discuss the results at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-833-816-1382, or outside the U.S. 1-412-317-0475 at least 15 minutes prior to the 3:30 p.m. CT start time. Please ask to join the SPS Commerce Q3 2024 conference call. A live webcast of the call will also be available at http://investors.spscommerce.com
Acquisition expands company's product portfolio with automated invoice deduction management and prevention Company to host conference call today at 8:30 a.m. ET MINNEAPOLIS, Aug. 01, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail supply chain cloud services, today announced the acquisition of SupplyPike, an automated invoice deduction management and prevention solution. SupplyPike is a first of its kind SaaS solution that provides ongoing monitoring and management of invoice deductions to recover lost revenue along with the information needed to improve processes and eliminate deductions in the future. "The interdependent nature of the retail supp
SPS Commerce (NASDAQ:SPSC) has outperformed the market over the past 10 years by 11.3% on an annualized basis producing an average annual return of 22.21%. Currently, SPS Commerce has a market capitalization of $7.63 billion. Buying $1000 In SPSC: If an investor had bought $1000 of SPSC stock 10 years ago, it would be worth $7,574.48 today based on a price of $205.95 for SPSC at the time of writing. SPS Commerce's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content
SPS Commerce (NASDAQ:SPSC) has outperformed the market over the past 15 years by 12.09% on an annualized basis producing an average annual return of 25.03%. Currently, SPS Commerce has a market capitalization of $7.04 billion. Buying $100 In SPSC: If an investor had bought $100 of SPSC stock 15 years ago, it would be worth $2,852.65 today based on a price of $190.10 for SPSC at the time of writing. SPS Commerce's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content
SPS Commerce (NASDAQ:SPSC) has outperformed the market over the past 10 years by 8.53% on an annualized basis producing an average annual return of 19.22%. Currently, SPS Commerce has a market capitalization of $6.89 billion. Buying $100 In SPSC: If an investor had bought $100 of SPSC stock 10 years ago, it would be worth $589.27 today based on a price of $186.13 for SPSC at the time of writing. SPS Commerce's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content eng
10-Q - SPS COMMERCE INC (0001092699) (Filer)
8-K - SPS COMMERCE INC (0001092699) (Filer)
S-3ASR - SPS COMMERCE INC (0001092699) (Filer)
SC 13G/A - SPS COMMERCE INC (0001092699) (Subject)
SC 13G/A - SPS COMMERCE INC (0001092699) (Subject)
SC 13G/A - SPS COMMERCE INC (0001092699) (Subject)
MINNEAPOLIS, July 06, 2023 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail cloud services, today announced the appointment of Chad Collins as its new Chief Executive Officer, effective October 2, 2023. Mr. Collins will succeed current CEO Archie Black, who will retire from his position effective October 1, 2023, and will transition to the newly created role of Executive Chair of the Board, as part of the previously announced succession plan. "On behalf of the Board of Directors, I would like to welcome Chad Collins to the SPS team," said Philip Soran, Chair of the Board. "His leadership, industry experience and focus on customer innovation align well with the SPS
MINNEAPOLIS, March 02, 2023 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail cloud services, today announced that its Chief Executive Officer, Archie Black, intends to retire from his role as CEO. Mr. Black will remain in the role through the completion of the search for his successor and through the transition process to ensure a seamless succession. The Company's Board of Directors has initiated an executive search for the next CEO. Once appointed, Mr. Black will transition from his position as CEO to the newly created role of Executive Chair of the Board. This transition is designed to provide leadership continuity and reflects the Company's commitment to consi
Graco Inc. (NYSE:GGG) announced today that Archie C. Black has been appointed as a member of the Company's Board of Directors, effective February 20, 2023. Mr. Black has served as the Chief Executive Officer of SPS Commerce, Inc. (NASDAQ:SPSC) — a cloud-based supply chain management software company based in Minneapolis — since 2001, and is a member of its board of directors. Prior to becoming CEO of SPS Commerce, Mr. Black was its Senior Vice President and Chief Financial Officer. During his time as CEO of SPS Commerce, Mr. Black has led the transformation of a technology startup company into a successful global business and has developed a deep understanding of the requirements of managi
4 - SPS COMMERCE INC (0001092699) (Issuer)
4 - SPS COMMERCE INC (0001092699) (Issuer)
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SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail supply chain cloud services, is among Forbes' America's Best Companies in 2024. The awards list was announced on November 12th, 2024, and can be viewed on Forbes.com. America's inaugural Best Companies 2024 were identified through an assessment by Forbes' team of data research partners of more than 60 metrics across 11 primary categories: employee sentiment, customer sentiment, financial strength, DEI, cybersecurity, media sentiment, public trust, sustainability, remote-work policies, workforce stability and accessibility policies/performance. (More on the methodology can be found here.) SPS Commerce was among 300 companies across the
Company delivers 95th consecutive quarter of topline growth Revenue and recurring revenue growth of 21% year-over-year MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail supply chain cloud services, today announced financial results for the third quarter ended September 30, 2024. Financial Highlights Third Quarter 2024 Financial Highlights Revenue was $163.7 million in the third quarter of 2024, compared to $135.7 million in the third quarter of 2023, reflecting 21% growth.Recurring revenue grew 21% from the third quarter of 2023.Net income was $23.5 million or $0.62 per diluted share, compared to net income of $16.8 million or $0.45 pe
MINNEAPOLIS, Oct. 10, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ:SPSC), a leader in retail supply chain cloud services, today announced that it will issue its financial results for the third quarter ended September 30, 2024, after the market close on Thursday, October 24, 2024. SPS Commerce will host a call to discuss the results at 3:30 p.m. Central Time (4:30 p.m. Eastern Time) on the same day. To access the call, please dial 1-833-816-1382, or outside the U.S. 1-412-317-0475 at least 15 minutes prior to the 3:30 p.m. CT start time. Please ask to join the SPS Commerce Q3 2024 conference call. A live webcast of the call will also be available at http://investors.spscommerce.com