DA Davidson Asserts ‘Neutral’ Rating on SPS Commerce Inc. (SPSC) Amid Organic Growth Push

SPS Commerce Inc. (NASDAQ:SPSC) is one of the best beaten-down technology stocks to buy, according to analysts. On September 25, analysts at DA Davidson reiterated a ‘Neutral’ rating on the stock and a $125 price target.

DA Davidson Asserts ‘Neutral’ Rating on SPS Commerce Inc. (SPSC) Amid Organic Growth Push

The stance follows the 2025 Investor Day event, during which the company provided valuable insights into its product roadmap and generative AI strategy. The research firm also echoed the management team’s push to reiterate a high single-digit organic growth outlook for the year. In addition, SPS Commerce remains focused on long-term growth plans as it moves to capture a larger share of the expanding total addressable market.

SPS Commerce has established a reputation for providing retail supply chain cloud services. It has achieved 98 consecutive quarters of revenue growth while serving over 50,000 recurring revenue customers across the retail grocery distribution, supply, and logistics sector.

SPS Commerce, Inc. (NASDAQ:SPSC) is a technology company that provides supply chain solutions. Its solutions connect retailers and suppliers through a cloud-based platform to automate and simplify the exchange of business documents and product data.

While we acknowledge the potential of SPSC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SPSC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.