SPS Commerce Stock To $106?

SPSC: SPS Commerce logo
SPSC
SPS Commerce

SPS Commerce (SPSC) stock has fallen by 27.7% in less than a month, from $112.24 on 24th Oct, 2025 to $81.13 now. What comes next? We believe there is a good chance of a stock rebound considering history of recovery post-dips and our current Attractive opinion of the stock. Read Buy or Sell SPS Commerce Stock to see how we arrive at this opinion.

Dip buying is a viable strategy for quality stocks that have a history of recovering from dips. As it turns out, SPSC stock passes basic quality checks. Historically, the median return for the 12-month period following sharp dips was 39%, with median peak return reaching 54%. We define sharp dip as stock going down 30% or more, in less than 30 day period.

Below, we get into details of historical dips and subsequent returns.

 
Historical Median Returns Post Dips
 

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Period Past Median Return
1M 1.7%
3M 6.2%
6M 35.7%
12M 38.8%

 
Historical Dip-Wise Details
 
SPSC had 3 events since 1/1/2010 where the dip threshold of -30% within 30 days was triggered

  • 54% median peak return within 1 year of dip event
  • 236 days is the median time to peak return after a dip event
  • -18% median max drawdown within 1 year of dip event

30 Day Dip SPSC Subsequent Performance
Date SPSC SPY 1Y Peak
Return
Max
Drop
# Days
to Peak
Median     39% 54% -18% 236
3032025 -31% -1% -39% 16% -41% 71
3162020 -33% -25% 181% 204% -16% 297
2052016 -32% -8% 39% 54% -18% 236

 
SPS Commerce Passes Basic Financial Quality Checks

Revenue growth, profitability, cash flow, and balance sheet strength need to be evaluated to reduce the risk of a dip being the sign of a deteriorating business situation.

Quality Metrics Value Quality Check
Revenue Growth (LTM) 19.3% Pass
Revenue Growth (3-Yr Avg) 19.1% Pass
Operating Cash Flow Margin (LTM) 23.8% Pass

Not sure if you can take a call on SPSC stock? Consider portfolio approach

A Multi Asset Portfolio Beats Picking Stocks Alone

Stocks can jump or crash but different assets move on different cycles. A multi asset portfolio helps you stay invested while cushioning swings in equities.

The asset allocation framework of Trefis’ Boston-based, wealth management partner yielded positive returns during the 2008-09 period when the S&P lost more than 40%. Our partner’ strategy now includes Trefis High Quality Portfolio, which has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices