SPS Commerce (SPSC) price target decreased by 11.74% to 75.41
This article reports a significant 11.74% decrease in the price target for SPS Commerce (SPSC), bringing it down to $75.41.
SPS COMMERCE INC
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This article reports a significant 11.74% decrease in the price target for SPS Commerce (SPSC), bringing it down to $75.41.
SPS Commerce director Marty M. Reaume exercised stock options for 1,000 shares at $51.80 each and then sold those 1,000 shares on the open market at an average price of $57.03 per share on May 7, 2026. These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan. Following these sales, Reaume directly holds 9,158 shares of SPS Commerce common stock.
SPS Commerce (SPSC) filed an 8-K report detailing its Q1 2026 financial results, with revenue growing 6% to $192.1 million and Adjusted EBITDA increasing 7% to $57.9 million. While GAAP net income decreased, non-GAAP diluted EPS improved, and the company repurchased $47.1 million in stock. SPS Commerce also announced the launch of MAX, a new AI capability for supply chain workflows, and provided Q2 and full-year 2026 guidance.