Morgan Stanley Issues Positive Forecast for Lightspeed Commerce (NYSE:LSPD) Stock Price

Lightspeed Commerce (NYSE:LSPD) had its price objective boosted by Morgan Stanley from $12.00 to $14.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

LSPD has been the subject of several other research reports. Benchmark raised their price objective on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Barclays raised their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st. Scotiabank raised their price objective on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Monday, July 28th. National Bankshares raised their price objective on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus raised their price objective on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the stock a “hold” rating in a research report on Friday, August 1st. Five analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.53.

Lightspeed Commerce Stock Performance

NYSE:LSPD opened at $11.5350 on Wednesday. The company has a market capitalization of $1.56 billion, a PE ratio of -2.56, a P/E/G ratio of 8.16 and a beta of 2.48. Lightspeed Commerce has a fifty-two week low of $7.34 and a fifty-two week high of $18.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.50 and a current ratio of 4.60. The company has a 50 day simple moving average of $12.07 and a two-hundred day simple moving average of $11.25.

Lightspeed Commerce (NYSE:LSPD) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05). The company had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The business’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same period last year, the business earned $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Research analysts anticipate that Lightspeed Commerce will post 0.08 earnings per share for the current year.

Institutional Trading of Lightspeed Commerce

Several hedge funds have recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in Lightspeed Commerce in the 2nd quarter valued at $92,000. Man Group plc boosted its holdings in Lightspeed Commerce by 288.2% during the 2nd quarter. Man Group plc now owns 108,307 shares of the company’s stock worth $1,268,000 after acquiring an additional 80,407 shares during the last quarter. Bank of America Corp DE boosted its holdings in Lightspeed Commerce by 846.0% during the 2nd quarter. Bank of America Corp DE now owns 1,873,942 shares of the company’s stock worth $21,944,000 after acquiring an additional 1,675,853 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Lightspeed Commerce by 13.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,939,117 shares of the company’s stock worth $22,707,000 after acquiring an additional 228,222 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Lightspeed Commerce during the 2nd quarter worth $4,473,000. Institutional investors and hedge funds own 68.68% of the company’s stock.

About Lightspeed Commerce

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.