Noticias y eventos de SPS Commerce Inc (SPSC)SPSCSPS Commerce Inc

Major Averages Surge as Inflation Pressure Eases

The major averages closed sharply higher to end an otherwise down week. The rebound came as oil prices retreated from their recent highs, easing some of the inflation pressure that has pushed Treasury yields to multiyear highs.The August consumer price index report came in roughly in-line with expectations, with headline consumer prices rising 0.4% month over month and 3.4% from a year earlier, while core CPI increased 0.3% monthly and 2.4% annually. The firmer-than-expected core reading suggests underlying inflation remains sticky.Markets are now pricing about 90% odds of a 25-basis-point Fed hike next week, a dramatic change from the expectations for rate cuts that dominated the market earlier in the summer.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Oracleprovided areport for Q1Adobealso provided areport for Q3CopartACV Auctionsfor $10.50 per share in cash, representing an implied equity value of approximately $1.9BKrogerreportedand reiterated its FY26 adjusted earnings guidanceOpenAI CEO Sam Altman told staff the company could slow down the development of AI,2. WALL STREET CALLS:NuScale Powerto Sell from Neutral at UBSJPMorganChewyto Neutral, citing pressure on organic growthBarringtonCopartto Outperform from Market PerformInternational Paperto Buy at BofA following pullbackBernsteincoverage of Shopifywith an Outperform rating3. AROUND THE WEB:PayPalCEO Enrique Lores is planning to run the company as a standalone business after a proposed buyout valued at over $50B stalled, WSJ reportsBroadcom'sVMware licensing overhaul is drawing deeper EU antitrust scrutiny as regulators investigate whether changes to VMware's software licensing and pricing are harming cloud providers and their customers, Bloomberg reportsColgate-Palmoliveis weighing a sale of certain mass-market personal care brands, including Softsoap, Irish Spring, and Speed Stick, and is working with Goldman Sachson the process, Reuters reportsAlibabais set to lead a $300M investment in UniPat AI, valuing the company at $2.5B, Bloomberg reportsNvidiais facing DOJ scrutiny over whether its $17B non-exclusive Groq licensing deal and hiring of key executives were structured to avoid antitrust review, NY Times says4. MOVERS:Celesticagained in New York after announcing Chawla willof group president, global markets, and Ankenmann will succeed him as chief financial officerSPS Commerceincreased after Bloombergthe company is in talks to be acquired by GTCRDell Technologieswas higher after RBC Capitalcoverage of the stock with an Outperform ratingOklofell after entering into anfor up to $1BTenablewas lower after pricing its upsized5. EARNINGS/GUIDANCE:RH, provided guidance for Q3, and narrowed its outlook for FY26Ibex, with CEO Bob Dechant calling it a "record-breaking quarter"Zumiez, with EPS and revenue missing consensusReformationand provided guidance for FY26MoneyHero, with EPS and revenue lower year-over-yearINDEXES:The Dow rose 508.71, or 0.98%, to 52,572.81, the Nasdaq gained 251.31, or 0.96%, to 26,333.04, and the S&P 500 advanced 65.18, or 0.86%, to 7,656.88.

Citi Analyst Says SPS Commerce May Be Acquired by GTCR, Target Price $94

Citi analyst George Kurosawa noted that Bloomberg reported that SPS Commerce is said to be in discussions to be acquired by private equity firm GTCR, which follows reporting from June about the company exploring a sale. Based on the progression of reporting, the firm sees "a reasonably high likelihood that a transaction ultimately materializes," adding that a "more modest intraday stock reaction" likely reflects takeover expectations being already embedded to some degree. However, applying multiples for mid-to-high single digit software growers implies a $94 takeout price, adds the analyst, who has a Buy rating and $82 price target on SPS shares.