Lightspeed POS Inc. (NYSE:LSPD) Receives $74.56 Consensus Price Target from Analysts

Shares of Lightspeed POS Inc. (NYSE:LSPDGet Rating) have been given a consensus rating of “Buy” by the sixteen brokerages that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $74.56.

Several brokerages have weighed in on LSPD. National Bank Financial lowered their target price on Lightspeed POS from $90.00 to $75.00 and set an “outperform” rating for the company in a report on Friday, February 4th. Morgan Stanley reduced their price target on Lightspeed POS from $54.00 to $44.00 and set an “equal weight” rating for the company in a research report on Friday, January 28th. Truist Financial reduced their price target on Lightspeed POS from $75.00 to $60.00 in a research report on Friday, February 4th. Barclays reduced their price target on Lightspeed POS from $57.00 to $50.00 and set an “overweight” rating for the company in a research report on Friday, February 4th. Finally, BTIG Research reduced their price target on Lightspeed POS from $112.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, January 26th.

Shares of LSPD stock opened at $25.47 on Friday. Lightspeed POS has a twelve month low of $19.48 and a twelve month high of $130.02. The stock has a market capitalization of $3.77 billion and a price-to-earnings ratio of -48.98. The stock has a fifty day simple moving average of $27.30 and a two-hundred day simple moving average of $47.23.

Lightspeed POS (NYSE:LSPDGet Rating) last issued its earnings results on Wednesday, February 2nd. The company reported ($0.22) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.23) by $0.01. The firm had revenue of $152.68 million during the quarter, compared to analysts’ expectations of $142.51 million. Analysts forecast that Lightspeed POS will post -0.83 EPS for the current fiscal year.

About Lightspeed POS (Get Rating)

Lightspeed POS Inc provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators in Canada, the United States, Germany, Australia, and internationally. Its SaaS platform enables customers to engage with consumers, manage operations, accept payments, etc.

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Analyst Recommendations for Lightspeed POS (NYSE:LSPD)

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