BTIG Research Has Lowered Expectations for Lightspeed Commerce (TSE:LSPD) Stock Price

Lightspeed Commerce (TSE:LSPD) had its price objective cut by investment analysts at BTIG Research from C$16.00 to C$15.00 in a report released on Friday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. BTIG Research’s price objective points to a potential upside of 18.58% from the company’s current price.

Several other equities analysts have also recently issued reports on LSPD. JPMorgan Chase & Co. lifted their price target on Lightspeed Commerce from C$19.00 to C$20.00 in a research report on Friday, November 7th. Jefferies Financial Group dropped their price target on shares of Lightspeed Commerce from C$20.00 to C$15.50 in a research report on Monday, November 24th. Finally, TD Securities reduced their price objective on shares of Lightspeed Commerce from C$15.00 to C$11.00 and set a “hold” rating for the company in a research report on Friday. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$16.45.

Lightspeed Commerce Stock Performance

LSPD stock opened at C$12.65 on Friday. The company has a 50-day simple moving average of C$15.98 and a 200 day simple moving average of C$16.49. The company has a market capitalization of C$1.74 billion, a P/E ratio of -2.80 and a beta of 2.24. The company has a quick ratio of 6.05, a current ratio of 6.10 and a debt-to-equity ratio of 0.83. Lightspeed Commerce has a fifty-two week low of C$10.50 and a fifty-two week high of C$19.89.

Lightspeed Commerce (TSE:LSPD) last released its quarterly earnings results on Thursday, February 5th. The company reported C$0.21 EPS for the quarter. The company had revenue of C$428.71 million for the quarter. Lightspeed Commerce had a negative net margin of 11.75% and a negative return on equity of 5.25%. Sell-side analysts predict that Lightspeed Commerce will post 0.5970516 earnings per share for the current fiscal year.

Key Headlines Impacting Lightspeed Commerce

Here are the key news stories impacting Lightspeed Commerce this week:

• Positive Sentiment: BTIG cut its target from C$16.00 to C$15.00 but maintained a “buy” rating, implying meaningful upside (~17.8% vs. the reference price) and support from an institutional buyer. BayStreet — BTIG rating
• Positive Sentiment: Royal Bank of Canada trimmed its target to C$13.00 from C$15.00 but kept an “outperform” rating, signaling that one major bank still expects modest upside (~2.1%). BayStreet — RBC rating
• Neutral Sentiment: Q3 2026 earnings call transcript is available for details on management’s commentary about margins, customer trends and guidance — worth reviewing for forward signals but not an immediate directional catalyst by itself. MSN — Q3 2026 earnings call transcript
• Neutral Sentiment: Reported quarterly results: revenue C$428.71M and EPS C$0.21, but the company still shows a negative net margin (~-11.75%) and negative ROE — mixed fundamental read that leaves valuation and profitability questions unresolved. MarketBeat — Quarterly results
• Negative Sentiment: Stifel Nicolaus lowered its target to C$12.00 (from C$15.00) and moved to “hold,” signaling reduced conviction and adding selling pressure. TickerReport — Stifel note
• Negative Sentiment: Barclays cut its target to C$12.00 (from C$14.00) and set a “hold” — another large shop reducing its outlook. BayStreet — Barclays rating
• Negative Sentiment: TD Securities trimmed its target sharply to C$11.00 (from C$15.00) and put a “hold” rating, representing one of the largest downside re-views and likely a key driver of near-term bearish sentiment. BayStreet — TD Securities rating

Lightspeed Commerce Company Profile

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accepts payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, Netherlands, Australia, and other countries. It derives a majority of its revenue from the United States.