Lightspeed Commerce (NYSE:LSPD) Upgraded to “Hold” at Zacks Research

Lightspeed Commerce (NYSE:LSPD) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other analysts also recently weighed in on LSPD. National Bankshares raised their price target on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the stock a “sector perform” rating in a research report on Friday, August 1st. Barclays lifted their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the stock an “equal weight” rating in a report on Friday, August 1st. Benchmark lifted their price objective on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Scotiabank lifted their price objective on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the stock a “sector perform” rating in a report on Monday, July 28th. Finally, Truist Financial lifted their price objective on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the stock a “hold” rating in a report on Thursday, July 17th. Four analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Lightspeed Commerce has a consensus rating of “Hold” and an average price target of $13.70.

Lightspeed Commerce Stock Up 0.1%

LSPD stock opened at $11.79 on Tuesday. Lightspeed Commerce has a twelve month low of $7.34 and a twelve month high of $18.96. The company has a current ratio of 4.60, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $1.59 billion, a P/E ratio of -2.62, a PEG ratio of 13.67 and a beta of 2.45. The firm has a 50 day simple moving average of $11.95 and a 200-day simple moving average of $11.35.

Lightspeed Commerce (NYSE:LSPD) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.05). Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The company had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. During the same period in the previous year, the business posted $0.10 EPS. The firm’s quarterly revenue was up 14.6% compared to the same quarter last year. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, equities research analysts predict that Lightspeed Commerce will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lightspeed Commerce

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Lightspeed Commerce by 0.7% in the first quarter. Vanguard Group Inc. now owns 5,372,421 shares of the company’s stock valued at $47,004,000 after buying an additional 39,115 shares during the last quarter. Wishbone Management LP bought a new stake in Lightspeed Commerce in the first quarter valued at $32,156,000. Arrowstreet Capital Limited Partnership lifted its stake in Lightspeed Commerce by 29.1% in the second quarter. Arrowstreet Capital Limited Partnership now owns 2,468,872 shares of the company’s stock valued at $28,948,000 after buying an additional 556,724 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Lightspeed Commerce by 151.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock valued at $18,803,000 after buying an additional 1,295,469 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in Lightspeed Commerce by 43.7% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,139,300 shares of the company’s stock valued at $25,121,000 after buying an additional 650,200 shares during the last quarter. 68.68% of the stock is currently owned by institutional investors.

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.