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Upturn AI SWOT - About
SPSC 
SPS Commerce Inc (SPSC)
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Upturn Advisory Summary
08/14/2025: SPSC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
12 Analysts rated it
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $152.36
1 Year Target Price $152.36
| 7 | Strong Buy |
| 2 | Buy |
| 3 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -12.74% | Avg. Invested days 33 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.25B USD | Price to earnings Ratio 51.39 | 1Y Target Price 152.36 |
Price to earnings Ratio 51.39 | 1Y Target Price 152.36 | ||
Volume (30-day avg) 12 | Beta 0.7 | 52 Weeks Range 102.05 - 203.86 | Updated Date 08/15/2025 |
52 Weeks Range 102.05 - 203.86 | Updated Date 08/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.18 |
Earnings Date
Report Date 2025-07-23 | When Before Market | Estimate 0.9076 | Actual 1 |
Profitability
Profit Margin 11.79% | Operating Margin (TTM) 14.13% |
Management Effectiveness
Return on Assets (TTM) 6.5% | Return on Equity (TTM) 10.04% |
Valuation
Trailing PE 51.39 | Forward PE 67.11 | Enterprise Value 4150492694 | Price to Sales(TTM) 6.04 |
Enterprise Value 4150492694 | Price to Sales(TTM) 6.04 | ||
Enterprise Value to Revenue 5.9 | Enterprise Value to EBITDA 26.87 | Shares Outstanding 37908800 | Shares Floating 37534223 |
Shares Outstanding 37908800 | Shares Floating 37534223 | ||
Percent Insiders 0.95 | Percent Institutions 102.95 |
Upturn AI SWOT
SPS Commerce Inc
Company Overview
History and Background
SPS Commerce was founded in 2001. It evolved from providing EDI solutions to a cloud-based retail network platform, connecting suppliers, retailers, and logistics partners. Significant milestones include its IPO in 2010 and continuous expansion of its product offerings.
Core Business Areas
- Retail Network: Connects suppliers and retailers through a cloud-based platform for data exchange, order management, and fulfillment. This network facilitates collaboration and streamlines supply chain operations.
- Analytics and Insights: Provides data analytics and reporting tools to help customers gain insights into their supply chain performance, optimize operations, and make data-driven decisions.
Leadership and Structure
The CEO is Chad Collins. The company has a functional organizational structure with departments focused on sales, marketing, product development, engineering, and customer support.
Top Products and Market Share
Key Offerings
- SPS Commerce Assortment: A cloud-based platform that enables retailers and suppliers to automate and optimize their inventory management processes. Competitors include TrueCommerce, DiCentral. SPS Commerce has a substantial market share in the EDI/supply chain integration space, but exact figures are proprietary. Revenue from this is a significant portion of the company's network revenue.
- SPS Commerce Fulfillment: A cloud-based solution that automates the order fulfillment process for retailers and suppliers, enabling them to streamline their operations and improve efficiency. Market share data is proprietary but significant, competitors include OpenText, Cleo. Significant part of network revenue.
Market Dynamics
Industry Overview
The industry is characterized by increasing demand for supply chain visibility, automation, and collaboration driven by the growth of e-commerce and complex global supply chains.
Positioning
SPS Commerce is positioned as a leading provider of cloud-based supply chain management solutions for the retail industry. Its competitive advantages include its extensive network, comprehensive product suite, and strong customer relationships.
Total Addressable Market (TAM)
Estimated to be in the billions of dollars, encompassing all businesses involved in retail supply chain management. SPS Commerce is well-positioned to capture a significant share of this TAM through its broad product offerings and strong customer base.
Upturn SWOT Analysis
Strengths
- Strong network effect
- Comprehensive product suite
- High customer retention rates
- Cloud-based platform
- Recurring revenue model
Weaknesses
- Dependence on the retail industry
- Potential for disruption from new technologies
- Integration complexity for some customers
Opportunities
- Expanding into new markets (e.g., healthcare, manufacturing)
- Acquiring complementary technologies
- Developing new analytics and insights capabilities
- Increased focus on smaller suppliers
Threats
- Increased competition from larger players
- Economic downturn affecting the retail industry
- Cybersecurity risks
- Changes in retail industry standards
Competitors and Market Share
Key Competitors
- ORCL
- SAP
- IBM
Competitive Landscape
SPS Commerce competes with larger enterprise software vendors as well as niche providers. It differentiates itself through its focus on the retail industry, its comprehensive product suite, and its strong network effect.
Major Acquisitions
Retail Analytics
- Year: 2021
- Acquisition Price (USD millions): 180
- Strategic Rationale: Expanded SPS Commerce's analytics capabilities and enhanced its product offerings.
Growth Trajectory and Initiatives
Historical Growth: SPS Commerce has experienced strong growth over the past decade, driven by the increasing adoption of cloud-based supply chain management solutions.
Future Projections: Analysts expect SPS Commerce to continue to grow at a healthy pace, driven by its strong market position and expanding product offerings. Expected annual revenue growth is around 15-20%.
Recent Initiatives: Recent strategic initiatives include expanding its analytics capabilities, investing in new technologies (e.g., AI, machine learning), and expanding into new markets.
Summary
SPS Commerce is a strong company with a leading position in the cloud-based retail network space. Its consistent revenue growth, healthy profit margins, and high customer retention rates are positive indicators. However, it faces competition from larger players and needs to continue to innovate to maintain its competitive edge. Expanding into new markets will further boost growth
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share data is estimated based on available information and may not be precise.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPS Commerce Inc
Exchange NASDAQ | Headquaters Minneapolis, MN, United States | ||
IPO Launch date 2010-04-22 | CEO & Director Mr. Chadwick Collins | ||
Sector Technology | Industry Software - Application | Full time employees 2783 | Website https://www.spscommerce.com |
Full time employees 2783 | Website https://www.spscommerce.com | ||
SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States. The company offers solutions through the SPS Commerce, a cloud-based platform that enhances the way retailers, grocers, suppliers, manufacturers, distributors, and logistics firm; and manages omnichannel, supply chain, and other business requirements. It also provides Fulfillment, a comprehensive solution designed to streamline supply chain operation that sends and receives order data, ensuring accurate execution of required processes from order to invoicing and revenue recovery through fully automated operations; and Analytics product that simplifies managing sell-through data from customers business partners that handle data acquisition, cleansing, normalization, and delivery. In addition, the company offers various complimentary products, such as assortment product, which simplifies the communication of robust, accurate item data by automatically translating item attributes, and hierarchies through single connection across all sales channels; and community product that allows organizations to accelerate digitization of their supply chain and improve collaboration with suppliers through change management, onboarding programs, and supplier score carding. The company was formerly known as St. Paul Software, Inc. and changed its name to SPS Commerce, Inc. in May 2001. SPS Commerce, Inc. was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.
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