Lightspeed Commerce (NYSE:LSPD) Earns Buy Rating from BTIG Research

Lightspeed Commerce (NYSE:LSPD)‘s stock had its “buy” rating reiterated by BTIG Research in a report issued on Wednesday,Benzinga reports. They currently have a $16.00 price target on the stock. BTIG Research’s price objective points to a potential upside of 48.56% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada set a $15.00 price objective on shares of Lightspeed Commerce and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Benchmark boosted their price target 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. Morgan Stanley increased their price objective on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an “equal weight” rating in a report on Wednesday, August 20th. Barclays raised their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. 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 research report on Monday, July 28th. Five analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $13.72.

Lightspeed Commerce Stock Performance

Shares of NYSE LSPD opened at $10.77 on Wednesday. Lightspeed Commerce has a 12-month low of $7.34 and a 12-month high of $18.96. The company has a market cap of $1.46 billion, a PE ratio of -2.37, a P/E/G ratio of 40.52 and a beta of 2.49. The stock has a 50 day simple moving average of $11.97 and a 200-day simple moving average of $11.78. The company has a current ratio of 4.66, a quick ratio of 4.58 and a debt-to-equity ratio of 0.01.

Lightspeed Commerce (NYSE:LSPD) last announced its earnings results on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.05. Lightspeed Commerce had a positive return on equity of 0.39% and a negative net margin of 59.16%.The firm had revenue of $318.96 million for the quarter, compared to the consensus estimate of $308.90 million. During the same quarter in the previous year, the business earned $0.13 EPS. The firm’s revenue for the quarter was up 15.1% on a year-over-year basis. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, equities research analysts forecast that Lightspeed Commerce will post 0.08 EPS for the current year.

Institutional Investors Weigh In On Lightspeed Commerce

Large investors have recently modified their holdings of the stock. Invesco Ltd. grew its holdings in shares of Lightspeed Commerce by 2.9% in 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. boosted its position in shares of Lightspeed Commerce by 11.2% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,197 shares of the company’s stock valued at $98,000 after purchasing an additional 1,124 shares during the period. PCJ Investment Counsel Ltd. increased its stake in Lightspeed Commerce by 2.7% in the 1st 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 in the last quarter. TD Waterhouse Canada Inc. increased its stake in Lightspeed Commerce by 8.5% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 43,231 shares of the company’s stock worth $502,000 after purchasing an additional 3,401 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Lightspeed Commerce by 12.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,846 shares of the company’s stock worth $305,000 after buying an additional 3,786 shares during the period. 68.68% of the stock is owned by institutional investors.

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.