Citi is Bullish on SPS Commerce, Inc. (SPSC)

SPS Commerce, Inc. (NASDAQ:SPSC) is among the Best Russell 2000 Stocks. 

On May 4, Citi lowered its price target on SPS Commerce, Inc. (NASDAQ:SPSC) to $76 from $84. The firm maintained a “Buy” rating on the stock.

On May 1, Morgan Stanley cut its target to $70 from $95 on SPS Commerce, Inc. (NASDAQ:SPSC). The firm retains an “Equal Weight” rating on the shares.

Morgan Stanley said Q1 “disappointed” and noted that revenue missed consensus and reduced FY26 guidance because of headwinds from an Amazon policy change. The firm also stated that the corporation must deliver “more consistent execution” before confidence returns.

SPS Commerce, Inc. (NASDAQ:SPSC) expects second-quarter revenue to be $194.5 million to $196.5 million and projects 4% to 5% growth. It also expects GAAP EPS of $0.53 to $0.56 and adjusted EBITDA of $60.9 million to $62.4 million.

photo by Business-laptop-campaign-creators on Unsplash

For 2026, the company anticipates revenue of $796 million to $802 million while expecting 6% to 7% growth, with adjusted EBITDA of $262.8 million to $267.3 million.

SPS Commerce, Inc. (NASDAQ:SPSC) is a company that offers cloud-based supply chain management services.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.