Lightspeed Commerce (NYSE:LSPD) Trading Up 10.5% Following Earnings Beat

Lightspeed Commerce Inc. (NYSE:LSPD)’s share price shot up 10.5% during mid-day trading on Thursday following a better than expected earnings announcement. The stock traded as high as $13.28 and last traded at $12.81. 585,663 shares were traded during trading, a decline of 28% from the average session volume of 808,735 shares. The stock had previously closed at $11.59.

The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.05. The company had revenue of $318.96 million for the quarter, compared to the consensus estimate of $308.90 million. Lightspeed Commerce had a positive return on equity of 0.37% and a negative net margin of 59.16%.Lightspeed Commerce’s revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.13 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LSPD shares. Truist Financial boosted their target price on shares of Lightspeed Commerce from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Thursday, July 17th. TD Securities started coverage on shares of Lightspeed Commerce in a research note on Friday, October 3rd. They set a “hold” rating and a $13.00 price target on the stock. Royal Bank Of Canada set a $15.00 price objective on Lightspeed Commerce and gave the stock an “outperform” rating in a research note on Wednesday, September 17th. Scotiabank raised their target price on Lightspeed Commerce from $10.00 to $12.00 and gave the stock a “sector perform” rating in a report on Monday, July 28th. Finally, Benchmark boosted their price target on Lightspeed Commerce from $16.00 to $18.00 and gave the company a “buy” rating in a report on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $13.57.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of LSPD. Wishbone Management LP purchased a new stake in Lightspeed Commerce in the 1st quarter worth $32,156,000. Bank of America Corp DE boosted its stake in shares of Lightspeed Commerce by 846.0% in the second quarter. Bank of America Corp DE now owns 1,873,942 shares of the company’s stock worth $21,944,000 after acquiring an additional 1,675,853 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Lightspeed Commerce by 151.8% during the first quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock worth $18,803,000 after purchasing an additional 1,295,469 shares in the last quarter. ANTIPODES PARTNERS Ltd grew its position in shares of Lightspeed Commerce by 3,784.7% during the second quarter. ANTIPODES PARTNERS Ltd now owns 1,150,227 shares of the company’s stock worth $13,472,000 after purchasing an additional 1,120,618 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in Lightspeed Commerce by 43.7% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,139,300 shares of the company’s stock valued at $25,121,000 after purchasing an additional 650,200 shares during the period. Institutional investors own 68.68% of the company’s stock.

Lightspeed Commerce Trading Down 2.6%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.50 and a current ratio of 4.60. The company has a market capitalization of $1.77 billion, a PE ratio of -2.88, a PEG ratio of 54.57 and a beta of 2.49. The stock has a fifty day moving average of $11.96 and a 200 day moving average of $11.64.

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.