SPS Commerce, Inc.

Fundamentals7.9
Price Action6.6
News Sentiment7.1
AI Rating
7.1

Key Drivers

  • Cash conversion
  • Solid balance-sheet
  • Premium multiple

AI
AI Summary

7.1

SPSC should now be viewed less as a top-line growth story and more as a premium-valued cash-generating compounder, with upside hinging on management proving that strong margins, buybacks, and AI-led operating leverage can offset softer revenue growth before the multiple compresses.

CashFlow
GrowthRisk
Valuation‍

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

7.9

Key Financial Insights:

  • Cash conversion
  • Solid balance-sheet
  • Premium multiple

SPSC looks financially strong with stable margins, excellent cash conversion and a very solid balance sheet, but the stock appears richly valued and its book value is heavily supported by intangibles.

StrongCashFlow
PremiumValuation

Price Behavior

6.6
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Higher highs
  • Extended rally
  • Resistance test

SPSC remains constructive after a higher-lows/higher-highs breakout, but it is extended and testing $79-$80 resistance, so a pause or pullback toward $74-$75 support is possible.

bullish
consolidation
Support Level: $74-$75
Resistance Level: $79-$80

Fast rally followed by a quick early-August pullback shows short-term volatility risk

Sentiment & News

7.1

Key News Insights:

  • Q2 Beat
  • Raised Guidance
  • AI Optionality

SPS Commerce beat Q2 expectations, raised 2026 guidance after a divestiture, and is gaining attention for AI-driven growth, margin improvement, and shareholder-friendly capital returns.

EarningsBeat
AIGrowth

The stronger quarter and improved outlook should support sentiment, with AI strategy and buybacks adding upside to the investment case