Lightspeed Commerce (NYSE:LSPD) Issues Earnings Results

Lightspeed Commerce (NYSE:LSPD) posted its earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02), Briefing.com reports. The business had revenue of $290.80 million during the quarter, compared to analyst estimates of $282.87 million. Lightspeed Commerce had a negative net margin of 11.77% and a positive return on equity of 0.32%. The company’s revenue was up 14.8% compared to the same quarter last year.

Here are the key takeaways from Lightspeed Commerce’s conference call:

• Lightspeed delivered a solid Q4 with revenue of $291 million and gross profit of $129 million, both up 15% year over year and above its outlook. Adjusted EBITDA rose 17% to $15 million.
• Customer location growth accelerated for the fourth straight quarter, with about 3,200 net new locations added in Q4 and total locations reaching 150,000. Management said the growth engines are now about 75% of revenue and should move toward 80% in fiscal 2027.
• Profitability and cash flow improved meaningfully, highlighted by $18.2 million of adjusted free cash flow for fiscal 2026 and gross margin expansion to 43% for the year. Management also said AI and automation are already helping reduce support and service costs.
• Product momentum remains strong, especially around AI and wholesale, with launches such as AI menu imports, AI OCR for product data entry, AI-driven brand recommendations, and a Faire integration for NuORDER. Adoption of newer tools was also highlighted, including Lightspeed Pulse, Reservations, and Restaurant AI.
• Fiscal 2027 guidance calls for continued growth, with total revenue expected at $1.225 billion-$1.265 billion and adjusted EBITDA at $75 million-$95 million. The company also said the Upserve divestiture makes the business more focused, while leaving its core growth-engine targets intact.

Lightspeed Commerce Price Performance

NYSE:LSPD opened at $8.56 on Friday. The stock has a market cap of $1.17 billion, a P/E ratio of -8.31, a PEG ratio of 1.84 and a beta of 1.92. Lightspeed Commerce has a one year low of $7.83 and a one year high of $14.34. The company has a fifty day moving average price of $9.06 and a 200 day moving average price of $10.36. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.52 and a quick ratio of 4.44.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. BTIG Research reduced their price objective on shares of Lightspeed Commerce from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday. Benchmark reduced their price objective on shares of Lightspeed Commerce from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Friday. Truist Financial reduced their price objective on shares of Lightspeed Commerce from $13.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, February 11th. Weiss Ratings restated a “sell (d-)” rating on shares of Lightspeed Commerce in a research note on Tuesday, April 21st. Finally, UBS Group reduced their price objective on shares of Lightspeed Commerce from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Friday. Three research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $11.63.

Hedge Funds Weigh In On Lightspeed Commerce

Large investors have recently bought and sold shares of the stock. Toronto Dominion Bank acquired a new position in Lightspeed Commerce during the 4th quarter valued at $407,000. Renaissance Technologies LLC acquired a new position in Lightspeed Commerce during the 4th quarter valued at $372,000. Invesco Ltd. raised its stake in shares of Lightspeed Commerce by 2.9% in the 2nd quarter. Invesco Ltd. now owns 29,567 shares of the company’s stock valued at $346,000 after buying an additional 835 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Lightspeed Commerce in the 4th quarter valued at $323,000. Finally, Northwest & Ethical Investments L.P. raised its stake in shares of Lightspeed Commerce by 121.4% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 24,770 shares of the company’s stock valued at $299,000 after buying an additional 13,584 shares in the last quarter. 68.68% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Lightspeed Commerce

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

• Positive Sentiment: Fourth-quarter revenue rose 14.8% year over year to $290.8 million, beating estimates, and gross profit increased 15.4%, showing the business is still growing. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Positive Sentiment: The company also said cash flow from operating activities and adjusted free cash flow improved over the year, while the board renewed its share repurchase program, which can support the stock. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Neutral Sentiment: Several firms lowered price targets but mostly kept neutral-to-bullish ratings: UBS cut its target to $10 from $11, Stifel to $10 from $12, RBC to $10 from $13, Morgan Stanley to $11.50 from $13.50, and Benchmark to $16 from $18. Analyst price target changes
• Negative Sentiment: Despite revenue growth, Lightspeed missed earnings expectations and reported a quarterly loss, reinforcing investor concern that profitability remains weak. Lightspeed Commerce shares decline after quarterly earnings miss despite revenue growth (LSPD)
• Negative Sentiment: Guidance for fiscal 2027 revenue was also viewed as only modestly below/around expectations, which may have disappointed investors looking for a stronger outlook. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027

Lightspeed Commerce Company Profile

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.