Lightspeed Commerce (NYSE:LSPD – Free Report) had its price target decreased by Royal Bank Of Canada from $13.00 to $10.00 in a research report sent to investors on Friday,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.
A number of other brokerages have also recently issued reports on LSPD. Morgan Stanley cut their target price on shares of Lightspeed Commerce from $13.50 to $11.50 and set an “equal weight” rating for the company in a research report on Friday. Truist Financial dropped their price target on Lightspeed Commerce from $13.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, February 11th. Benchmark lowered their target price on Lightspeed Commerce from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a research note on Tuesday, April 21st. Finally, Barclays lowered their target price on Lightspeed Commerce from $12.00 to $11.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Lightspeed Commerce has an average rating of “Hold” and a consensus target price of $11.63.
Check Out Our Latest Stock Analysis on Lightspeed Commerce
Lightspeed Commerce Stock Performance
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last released its earnings results on Thursday, May 21st. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company 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%. Lightspeed Commerce’s quarterly revenue was up 14.8% compared to the same quarter last year. On average, analysts predict that Lightspeed Commerce will post 0.26 earnings per share for the current fiscal year.
Institutional Trading of Lightspeed Commerce
Several institutional investors have recently modified their holdings of LSPD. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Lightspeed Commerce by 28.7% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,752,669 shares of the company’s stock worth $31,778,000 after acquiring an additional 613,369 shares during the last quarter. Aviso Financial Inc. purchased a new stake in shares of Lightspeed Commerce during the 3rd quarter worth about $784,000. Spark Investment Management LLC purchased a new stake in shares of Lightspeed Commerce during the 3rd quarter worth about $900,000. State of Wyoming acquired a new stake in shares of Lightspeed Commerce in the fourth quarter worth about $425,000. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Lightspeed Commerce in the fourth quarter worth about $3,953,000. Institutional investors and hedge funds own 68.68% of the company’s stock.
More Lightspeed Commerce News
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
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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