LSI Industries (NASDAQ:LYTS) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

LSI Industries (NASDAQ:LYTS) had its price objective raised by research analysts at Canaccord Genuity Group from $25.00 to $27.00 in a note issued to investors on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the construction company’s stock. Canaccord Genuity Group’s target price suggests a potential upside of 21.95% from the company’s current price.

Several other brokerages have also recently commented on LYTS. Zacks Research upgraded shares of LSI Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Wall Street Zen cut LSI Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of LSI Industries in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $28.33.

LSI Industries Trading Down 4.8%

Shares of LYTS stock opened at $22.14 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.36 and a current ratio of 2.19. The stock has a fifty day simple moving average of $18.90 and a two-hundred day simple moving average of $20.35. The firm has a market capitalization of $688.33 million, a PE ratio of 27.00 and a beta of 0.18. LSI Industries has a 52-week low of $13.77 and a 52-week high of $25.38.

LSI Industries (NASDAQ:LYTS) last announced its quarterly earnings data on Thursday, January 22nd. The construction company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. LSI Industries had a net margin of 4.34% and a return on equity of 11.10%. The business had revenue of $147.00 million during the quarter, compared to analyst estimates of $140.11 million. On average, analysts predict that LSI Industries will post 0.7 EPS for the current fiscal year.

Institutional Investors Weigh In On LSI Industries

Several institutional investors have recently modified their holdings of LYTS. Osaic Holdings Inc. raised its holdings in LSI Industries by 11.8% during the 2nd quarter. Osaic Holdings Inc. now owns 6,007 shares of the construction company’s stock valued at $102,000 after buying an additional 635 shares during the period. BNP Paribas Financial Markets increased its position in LSI Industries by 22.0% during the second quarter. BNP Paribas Financial Markets now owns 4,077 shares of the construction company’s stock valued at $69,000 after acquiring an additional 736 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of LSI Industries by 1.2% in the third quarter. Two Sigma Investments LP now owns 59,774 shares of the construction company’s stock valued at $1,411,000 after acquiring an additional 737 shares during the period. Johnson Investment Counsel Inc. raised its stake in shares of LSI Industries by 0.9% in the second quarter. Johnson Investment Counsel Inc. now owns 117,863 shares of the construction company’s stock valued at $2,005,000 after acquiring an additional 1,097 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of LSI Industries by 6.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,165 shares of the construction company’s stock worth $292,000 after acquiring an additional 1,113 shares during the last quarter. 73.91% of the stock is owned by institutional investors.

Key LSI Industries News

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Q2 fiscal 2026 results beat expectations — EPS $0.20 vs. $0.17 consensus and revenue $147M vs. ~$140M est.; management highlighted improving margins and a stronger lighting mix. LSI Industries Inc (LYTS) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Analyst support increased: Canaccord raised its price target from $25 to $27 and kept a Buy rating, signaling analyst conviction in upside from lighting growth. LYTS price target raised by Canaccord
• Positive Sentiment: Board declared a quarterly cash dividend of $0.05 per share (record Feb 2, payable Feb 10), adding modest income support and signaling confidence in cash flow.
• Neutral Sentiment: Management commentary (call/transcript) emphasized lighting segment strength and solid cash metrics; this supports the growth thesis but did not include a material guidance change. Q2 2026 Earnings Call Transcript
• Negative Sentiment: The stock is trading lower today on heavier volume despite the beat — likely profit-taking after the post-earnings run and recent gains (one-year high ~25.38) rather than fresh fundamental deterioration. Short-term downward pressure could also reflect investors needing more visible reacceleration in top-line trends or clearer forward guidance. Why LSI Industries Stock Surged Today

LSI Industries Company Profile

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.