Lesaka Technologies (NASDAQ:LSAK) Updates FY 2026 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.260-0.260 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $373.8 million-$403.0 million, compared to the consensus revenue estimate of $542.7 million. Lesaka Technologies also updated its Q3 2026 guidance to EPS.

Lesaka Technologies Trading Down 0.9%

LSAK stock traded down $0.04 during midday trading on Wednesday, hitting $4.56. 100,955 shares of the company’s stock were exchanged, compared to its average volume of 86,500. Lesaka Technologies has a 1-year low of $3.39 and a 1-year high of $5.20. The company has a current ratio of 1.61, a quick ratio of 1.48 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $383.43 million, a PE ratio of -4.26 and a beta of 0.47. The business has a 50-day simple moving average of $4.45 and a two-hundred day simple moving average of $4.37.

Lesaka Technologies (NASDAQ:LSAK) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. The business had revenue of $93.40 million during the quarter, compared to analysts’ expectations of $166.00 million. Lesaka Technologies had a negative return on equity of 47.06% and a negative net margin of 14.02%.Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. On average, sell-side analysts predict that Lesaka Technologies will post -0.16 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Zacks Research upgraded shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Lesaka Technologies in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Insider Activity at Lesaka Technologies

In other news, Chairman Ali Mazanderani bought 1,800,000 shares of the stock in a transaction that occurred on Wednesday, December 31st. The stock was purchased at an average price of $5.00 per share, for a total transaction of $9,000,000.00. Following the completion of the purchase, the chairman owned 2,325,115 shares in the company, valued at approximately $11,625,575. This trade represents a 342.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Daniel Luke Smith purchased 11,503 shares of the business’s stock in a transaction on Wednesday, December 10th. The stock was acquired at an average price of $4.40 per share, for a total transaction of $50,613.20. Following the completion of the purchase, the chief financial officer owned 23,500 shares of the company’s stock, valued at $103,400. This represents a 95.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 1,830,500 shares of company stock valued at $9,130,204 in the last quarter. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lesaka Technologies

A hedge fund recently raised its stake in Lesaka Technologies stock. Citadel Advisors LLC boosted its holdings in Lesaka Technologies, Inc. (NASDAQ:LSAK) by 26.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,977 shares of the company’s stock after purchasing an additional 3,959 shares during the quarter. Citadel Advisors LLC’s holdings in Lesaka Technologies were worth $79,000 as of its most recent SEC filing. Institutional investors own 24.19% of the company’s stock.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.