Morgan Stanley Reiterates Underweight Rating on SPS Commerce, Inc. (SPSC)

Market Context

SPS Commerce, Inc. operates in the Technology sector. The stock currently trades at $73.39 with a market capitalization of $3.3B. The stock has declined 47.4% over the past 52 weeks.

Analyst coverage from Morgan Stanley provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for SPS Commerce, Inc..

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for SPS Commerce, Inc.

Among the 10 most recent ratings: 3 Buy, 5 Hold, 2 Sell.

Date	Firm	Rating	Price Target
Jul 31, 2026	Morgan Stanley	Underweight	N/A
Jul 31, 2026	Cantor Fitzgerald	Neutral	N/A
Jul 31, 2026	Stifel	Hold	N/A
Jul 21, 2026	Citigroup	Buy	N/A
Jul 21, 2026	Morgan Stanley	Underweight	N/A

Related Tools: Analyst Ratings Dashboard | View SPSC Stock Page