TD Securities began coverage on shares of Lightspeed Commerce (NYSE:LSPD – Free Report) in a research report released on Friday morning, Marketbeat Ratings reports. The firm issued a hold rating and a $13.00 target price on the stock.
LSPD has been the topic of several other reports. Stifel Nicolaus increased their price objective on Lightspeed Commerce from $12.00 to $14.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Barclays raised their price target on Lightspeed Commerce from $12.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st. National Bankshares raised their price target on Lightspeed Commerce from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Friday, August 1st. Morgan Stanley raised their price target on Lightspeed Commerce from $12.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 20th. Finally, Scotiabank raised their price target 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. Four research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $13.70.
View Our Latest Analysis on LSPD
Lightspeed Commerce Price Performance
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05). The firm had revenue of $304.94 million for the quarter, compared to the consensus estimate of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. Lightspeed Commerce’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Sell-side analysts forecast that Lightspeed Commerce will post 0.08 EPS for the current fiscal year.
Institutional Investors Weigh In On Lightspeed Commerce
Large investors have recently made changes to their positions in the business. Headlands Technologies LLC bought a new stake in shares of Lightspeed Commerce in the 2nd quarter worth approximately $92,000. Mitsubishi UFJ Asset Management Co. Ltd. grew 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 worth $98,000 after buying an additional 1,124 shares during the last quarter. Tempus Wealth Planning LLC bought a new stake in shares of Lightspeed Commerce in the 1st quarter worth approximately $119,000. Russell Investments Group Ltd. grew its position in shares of Lightspeed Commerce by 106.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 10,386 shares of the company’s stock worth $122,000 after buying an additional 5,354 shares during the last quarter. Finally, BIT Capital GmbH purchased a new position in shares of Lightspeed Commerce in the 1st quarter valued at approximately $150,000. 68.68% of the stock is currently owned by institutional investors.
About Lightspeed Commerce
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.
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