Lightspeed Commerce Inc. (NYSE:LSPD – Get Free Report) has received an average recommendation of “Hold” from the nineteen research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $13.7188.
LSPD has been the subject of several research reports. Zacks Research raised shares of Lightspeed Commerce from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a report on Wednesday, October 8th. National Bankshares dropped their price target on Lightspeed Commerce from $15.00 to $13.00 and set a “sector perform” rating for the company in a research note on Thursday, October 23rd. Morgan Stanley boosted their price objective on Lightspeed Commerce from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 20th. Finally, Scotiabank upped their target price on Lightspeed Commerce from $10.00 to $12.00 and gave the stock a “sector perform” rating in a report on Monday, July 28th.
Read Our Latest Stock Analysis on LSPD
Lightspeed Commerce Stock Performance
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last posted its earnings results on Thursday, November 6th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.05. Lightspeed Commerce had a negative net margin of 59.16% and a positive return on equity of 0.39%. The firm had revenue of $318.96 million during the quarter, compared to analysts’ expectations of $308.90 million. During the same quarter in the prior year, the business earned $0.13 earnings per share. The business’s revenue for the quarter was up 15.1% compared to the same quarter last year. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, analysts expect that Lightspeed Commerce will post 0.08 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Lightspeed Commerce
Several hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. grew its holdings in Lightspeed Commerce by 2.9% during the 2nd quarter. Invesco Ltd. now owns 29,567 shares of the company’s stock worth $346,000 after acquiring an additional 835 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Lightspeed Commerce by 11.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,197 shares of the company’s stock worth $98,000 after purchasing an additional 1,124 shares during the period. PCJ Investment Counsel Ltd. grew its stake in shares of Lightspeed Commerce by 2.7% in the first quarter. PCJ Investment Counsel Ltd. now owns 126,420 shares of the company’s stock worth $1,106,000 after purchasing an additional 3,360 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in Lightspeed Commerce by 8.5% in the second quarter. TD Waterhouse Canada Inc. now owns 43,231 shares of the company’s stock valued at $502,000 after purchasing an additional 3,401 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Lightspeed Commerce by 12.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,846 shares of the company’s stock valued at $305,000 after purchasing an additional 3,786 shares during the period. 68.68% of the stock is currently owned by institutional investors and hedge funds.
Lightspeed Commerce Company Profile
Lightspeed Commerce Inc engages in sale of cloud-based software subscriptions and payments solutions for small and midsize businesses, retailers, restaurants, and golf course operators in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its Software as a Service platform enables customers to engage with consumers, manage operations, accept payments, etc.
Featured Articles
- Five stocks we like better than Lightspeed Commerce
- Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- How Investors Can Find the Best Cheap Dividend Stocks
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
- 5 Top Rated Dividend Stocks to Consider
- Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?
Receive News & Ratings for Lightspeed Commerce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lightspeed Commerce and related companies with MarketBeat.com's FREE daily email newsletter.
