Lightspeed Commerce (NYSE:LSPD – Get Free Report) had its price target lowered by Royal Bank Of Canada from $13.00 to $10.00 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 16.21% from the company’s previous close.
LSPD has been the subject of a number of other reports. BTIG Research lowered their price objective on shares of Lightspeed Commerce from $15.00 to $12.00 and set a “buy” rating for the company in a report on Thursday. Barclays lowered their price objective on shares of Lightspeed Commerce from $12.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Morgan Stanley lowered their price objective on shares of Lightspeed Commerce from $13.50 to $11.50 and set an “equal weight” rating for the company in a report on Friday. Bank of America initiated coverage on shares of Lightspeed Commerce in a report on Tuesday. They set an “underperform” rating and a $10.00 price target for the company. Finally, Benchmark lowered their price target on shares of Lightspeed Commerce from $18.00 to $16.00 and set a “buy” rating for the company in a report on Friday. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.77.
Read Our Latest Research Report on LSPD
Lightspeed Commerce Trading Up 2.8%
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The business had revenue of $290.80 million during the quarter, compared to the consensus estimate of $282.87 million. Lightspeed Commerce had a positive return on equity of 0.37% and a negative net margin of 58.15%.The business’s revenue for the quarter was up 14.8% on a year-over-year basis. On average, analysts predict that Lightspeed Commerce will post 0.03 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the business. Plato Investment Management Ltd increased its stake in shares of Lightspeed Commerce by 880.0% in the 4th quarter. Plato Investment Management Ltd now owns 5,292 shares of the company’s stock worth $64,000 after acquiring an additional 4,752 shares in the last quarter. Headlands Technologies LLC bought a new position in shares of Lightspeed Commerce in the 2nd quarter worth about $92,000. Amundi purchased a new stake in Lightspeed Commerce during the 1st quarter valued at about $121,000. Russell Investments Group Ltd. grew its position in Lightspeed Commerce by 106.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 10,386 shares of the company’s stock valued at $122,000 after purchasing an additional 5,354 shares during the last quarter. Finally, Aigen Investment Management LP purchased a new stake in Lightspeed Commerce during the 4th quarter valued at about $125,000. 68.68% of the stock is currently owned by institutional investors.
More Lightspeed Commerce News
Here are the key news stories impacting Lightspeed Commerce this week:
- Positive Sentiment: Lightspeed reported revenue of $290.8 million, up 14.8% year over year, with gross profit rising 15.4% to $129.1 million, showing continued top-line growth. The company also said it generated $55.5 million in cash from operating activities for fiscal 2026 and authorized a renewal of its share repurchase program. Article Title
- Positive Sentiment: Several analysts still see upside from current levels, even after trimming targets. Benchmark lowered its target to $16 from $18 and BTIG cut its target to $12 from $15, both while maintaining bullish ratings; Morgan Stanley also sees the stock below its target but kept an “equal weight” stance with a lowered target of $11.50. Article Title
- Neutral Sentiment: Management guided first-quarter fiscal 2027 revenue to $305 million-$315 million and full-year fiscal 2027 revenue to $1.2 billion-$1.3 billion, which was roughly in line with Wall Street expectations. Article Title
- Neutral Sentiment: The company also announced a fourth-quarter EPS beat on a revenue basis but missed on earnings per share, reporting $0.08 EPS versus consensus near $0.09-$0.10, which kept investor sentiment cautious. Article Title
- Negative Sentiment: Investors remain focused on losses and profitability concerns: Lightspeed posted a $28.6 million net loss in the quarter, and a bearish Seeking Alpha view argued that mounting losses, dilution, and competition from Shopify and Toast are limiting the stock’s appeal. Article Title
About Lightspeed Commerce
Lightspeed Commerce Inc is a Canadian technology company that develops cloud-based point-of-sale (POS) and e-commerce software for small and medium-sized businesses across the retail and hospitality sectors. Its integrated platform enables merchants to manage sales, inventory, customer relationships and analytics through a single interface. By combining in-store and online channels, Lightspeed helps businesses streamline operations and improve customer engagement in an increasingly omnichannel marketplace.
The company’s product suite includes POS terminals, payment processing services, inventory management tools, customer loyalty programs and data reporting dashboards.
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