Lightspeed Commerce’s (LSPD) Buy Rating Reiterated at BTIG Research

BTIG Research restated their buy rating on shares of Lightspeed Commerce (NYSE:LSPD) in a report released on Wednesday,Benzinga reports. They currently have a $16.00 price target on the stock.

A number of other brokerages have also recently commented on LSPD. Stifel Nicolaus increased their target price on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Zacks Research raised shares of Lightspeed Commerce from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. TD Securities initiated coverage on shares of Lightspeed Commerce in a research note on Friday, October 3rd. They issued a “hold” rating and a $13.00 target price on the stock. Royal Bank Of Canada set a $15.00 target price on Lightspeed Commerce and gave the stock an “outperform” rating in a report on Wednesday, September 17th. Finally, Barclays increased their price target on Lightspeed Commerce from $12.00 to $15.00 and gave the company an “equal weight” rating in a report on Friday, August 1st. Five equities research 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. Based on data from MarketBeat, Lightspeed Commerce presently has a consensus rating of “Hold” and a consensus price target of $13.72.

Lightspeed Commerce Stock Performance

NYSE LSPD opened at $10.94 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.66 and a quick ratio of 4.58. The stock’s 50 day simple moving average is $11.95 and its 200-day simple moving average is $11.78. The company has a market cap of $1.49 billion, a PE ratio of -2.40, a price-to-earnings-growth ratio of 38.65 and a beta of 2.49. Lightspeed Commerce has a 1-year low of $7.34 and a 1-year high of $18.96.

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

Institutional Trading of Lightspeed Commerce

Several institutional investors have recently made changes to their positions in the company. Numerai GP LLC grew its position in Lightspeed Commerce by 488.9% in the third quarter. Numerai GP LLC now owns 159,209 shares of the company’s stock worth $1,839,000 after acquiring an additional 132,175 shares during the period. Bank of America Corp DE lifted its stake in shares of Lightspeed Commerce by 5.2% in the 3rd quarter. Bank of America Corp DE now owns 1,971,125 shares of the company’s stock valued at $22,766,000 after purchasing an additional 97,183 shares during the last quarter. Algert Global LLC acquired a new position in shares of Lightspeed Commerce in the 3rd quarter valued at $295,000. Ameriprise Financial Inc. grew its holdings in shares of Lightspeed Commerce by 0.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,948,620 shares of the company’s stock worth $22,507,000 after purchasing an additional 9,503 shares during the period. Finally, Lazard Asset Management LLC acquired a new stake in shares of Lightspeed Commerce during the 3rd quarter worth about $1,384,000. Hedge funds and other institutional investors own 68.68% of the company’s stock.

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.