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Upturn AI SWOT - About
SPSC 
SPS Commerce Inc (SPSC)
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Upturn Advisory Summary
10/14/2025: 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 $142.27
1 Year Target Price $142.27
| 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 10/14/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.14B USD | Price to earnings Ratio 49.44 | 1Y Target Price 142.27 |
Price to earnings Ratio 49.44 | 1Y Target Price 142.27 | ||
Volume (30-day avg) 12 | Beta 0.68 | 52 Weeks Range 102.05 - 201.06 | Updated Date 10/14/2025 |
52 Weeks Range 102.05 - 201.06 | Updated Date 10/14/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.21 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
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 49.44 | Forward PE 67.11 | Enterprise Value 3865039716 | Price to Sales(TTM) 5.89 |
Enterprise Value 3865039716 | Price to Sales(TTM) 5.89 | ||
Enterprise Value to Revenue 5.49 | Enterprise Value to EBITDA 25.02 | Shares Outstanding 37908762 | Shares Floating 37533465 |
Shares Outstanding 37908762 | Shares Floating 37533465 | ||
Percent Insiders 0.95 | Percent Institutions 103.22 |
Upturn AI SWOT
SPS Commerce Inc
Company Overview
History and Background
SPS Commerce was founded in 2001. It provides cloud-based supply chain management software to retailers, suppliers, distributors, and other trading partners. The company went public in 2010 and has grown through organic expansion and strategic acquisitions.
Core Business Areas
- Retail Network: Connects retailers and suppliers, enabling electronic data interchange (EDI), order management, and inventory visibility.
- Analytics: Offers data-driven insights and reporting tools to improve supply chain performance.
- Assortment: A cloud-based product information management (PIM) and product experience management (PXM) platform that allows suppliers to manage and publish product data across retail channels.
Leadership and Structure
Chad Collins serves as the CEO. The company is structured with departments for sales, marketing, technology, customer success, and finance. They have a standard corporate structure with a Board of Directors overseeing operations.
Top Products and Market Share
Key Offerings
- SPS Commerce Fulfillment: A cloud-based EDI solution facilitating electronic data interchange between retailers and suppliers. Competitors include TrueCommerce, OpenText, and Cleo. SPS Commerce is estimated to hold approximately 25% of the EDI cloud solutions market share.
- SPS Commerce Assortment: A product information management (PIM) and product experience management (PXM) platform. Competitors include Akeneo, Salsify, and inriver. Market share data specific to Assortment is less readily available, but it contributes significantly to SPS Commerce's overall revenue.
Market Dynamics
Industry Overview
The supply chain management software market is growing due to increasing e-commerce adoption, complex supply chains, and a need for better visibility and collaboration. Cloud-based solutions are becoming increasingly popular.
Positioning
SPS Commerce is a leading provider of cloud-based supply chain solutions, particularly in the retail sector. Its competitive advantage lies in its large network of connected retailers and suppliers and the breadth of its product offerings.
Total Addressable Market (TAM)
The estimated total addressable market for supply chain management software is in the tens of billions of dollars annually. SPS Commerce is well-positioned to capture a significant share of this market through continued product innovation and expansion.
Upturn SWOT Analysis
Strengths
- Large network of connected retailers and suppliers
- Cloud-based platform with scalable architecture
- Strong recurring revenue model
- Established brand reputation
- Comprehensive suite of supply chain solutions
Weaknesses
- Reliance on the retail industry
- Potential for integration challenges with legacy systems
- Competition from larger, more diversified software vendors
- Price point potentially higher than some competitors
Opportunities
- Expansion into new industries and geographies
- Development of new products and services
- Strategic acquisitions to expand product portfolio
- Increased adoption of cloud-based supply chain solutions
Threats
- Economic downturn impacting retail spending
- Increased competition from existing and new players
- Cybersecurity risks and data breaches
- Changes in regulations impacting data privacy and security
Competitors and Market Share
Key Competitors
- ORCL
- IBM
- SAP
- TRMB
Competitive Landscape
SPS Commerce competes with larger, more diversified software vendors as well as smaller, niche players. Its advantages include its focus on the retail industry, its large network of connected retailers and suppliers, and its comprehensive suite of supply chain solutions. Disadvantages may include smaller size compared to competitors like Oracle (ORCL) or SAP (SAP).
Major Acquisitions
MAPADOC
- Year: 2017
- Acquisition Price (USD millions): 14.3
- Strategic Rationale: Expanded EDI capabilities and market reach.
Retailigent
- Year: 2018
- Acquisition Price (USD millions): 5.7
- Strategic Rationale: Added inventory management and analytics capabilities.
Growth Trajectory and Initiatives
Historical Growth: SPS Commerce has experienced strong revenue growth historically, driven by increased adoption of its cloud-based solutions and strategic acquisitions.
Future Projections: Analyst estimates vary, but the consensus is for continued revenue growth in the double digits, driven by the factors mentioned above.
Recent Initiatives: Recent initiatives include the expansion of the SPS Commerce Assortment platform, partnerships with key retailers, and investments in sales and marketing.
Summary
SPS Commerce is a strong player in the cloud-based supply chain management space, particularly within the retail industry. Its established network and comprehensive product suite are working well, driving consistent revenue growth. However, the company needs to be aware of competition from larger vendors and the impact of economic fluctuations on retail spending. Continued innovation and strategic acquisitions will be key to sustaining its growth trajectory.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SPS Commerce Investor Relations
- SEC Filings
- Industry Reports
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Market share data is based on estimates and may not be precise. Financial data and analysis are based on publicly available information and subject to change.
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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