SPS Commerce | SPSC | Long at $77.51SPS Commerce, Inc.BATS:SPSCWorthlessViewsSPS Commerce SPSC is a leading cloud-based supply chain management software provider, specializing in electronic data interchange (EDI), fulfillment, and e-commerce integration solutions. Key customers include major retailers like Walmart WMT , Target TGT , Home Depot HD ; Procter & Gamble PG , Nestlé NSRGY ; Sysco SYY , and US Foods USFD . As of 2025, SPS Commerce serves over 12,000 customers and connects to more than 100,000 trading partners globally. Technical Analysis The price fell through my "crash" simple moving average zone (green lines). This area is often an algorithmic share accumulation zone. The price spiked into the "crash" zone as the day went by after the earnings release. While this is still a high growth stock, there is still risk with the slowing economy, P/E ratio of 36x, and two open price gaps on the daily chart near $58 and $38. These price gaps will likely get filled if the US enters a recession, but are we really there yet? Depending on where you look (retail vs tech), there answer varies. But my bets are no - publicly. There is usually a Christmas rally every year, and SPSC is in "oversold" territory in the near term. The price may dead cat bounce to $53, but I suspect it would take major negative economic news or a breakdown in company fundamentals to get there. Financial Health Debt-to-equity: 0x (healthy) Quick ratio / ability to pay current bills: 1.5 (healthy / able to pay) Altman's Z Score / bankruptcy risk: 19 (extremely low risk) Earnings and Revenue Growth Earnings per share growth from 2024 ($3.48) to 2028 ($6.52): 87.4% Revenue growth from 2024 ($638 million) to 2028 ($1.03 billion): 61.4% https://www.tradingview.com/symbols/NASDAQ-SPSC/financials-earnings/?earnings-period=FY&revenues-period=FY Action Given the overall health of the company, potential for a Christmas rally, and technical analysis "crash" entry, SPSC is in a personal buy zone at $77.51. Targets into 2028 $90.00 (+16.1%) $100.00 (+29.0%)