Lesaka Technologies (NASDAQ:LSAK) Issues FY 2026 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.260-0.260 for the period, compared to the consensus estimate of 0.150. The company issued revenue guidance of $373.8 million-$403.0 million, compared to the consensus revenue estimate of $542.7 million. Lesaka Technologies also updated its Q3 2026 guidance to EPS.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on LSAK shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lesaka Technologies in a research note on Thursday, January 22nd. Zacks Research raised shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce”.

Lesaka Technologies Trading Down 2.3%

NASDAQ LSAK traded down $0.11 during trading on Friday, hitting $4.38. 86,437 shares of the company’s stock traded hands, compared to its average volume of 87,557. The stock has a fifty day moving average of $4.48 and a two-hundred day moving average of $4.37. Lesaka Technologies has a 12-month low of $3.39 and a 12-month high of $5.10. The firm has a market cap of $367.89 million, a P/E ratio of -6.95 and a beta of 0.47. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.61 and a quick ratio of 1.48.

Lesaka Technologies (NASDAQ:LSAK) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.04. Lesaka Technologies had a negative return on equity of 28.51% and a negative net margin of 7.87%.The business had revenue of $93.40 million for the quarter, compared to analyst estimates of $166.00 million. Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. As a group, sell-side analysts expect that Lesaka Technologies will post -0.16 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Daniel Luke Smith acquired 11,503 shares of the stock in a transaction dated Wednesday, December 10th. The stock was purchased at an average cost of $4.40 per share, with a total value of $50,613.20. Following the completion of the purchase, the chief financial officer owned 23,500 shares in the company, valued at approximately $103,400. The trade was a 95.88% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Ali Mazanderani bought 1,800,000 shares of the company’s stock in a transaction dated Wednesday, December 31st. The shares were purchased at an average price of $5.00 per share, with a total value of $9,000,000.00. Following the completion of the acquisition, the chairman owned 2,325,115 shares of the company’s stock, valued at $11,625,575. This trade represents a 342.78% increase in their position. The SEC filing for this purchase provides additional information. Insiders have purchased a total of 1,830,500 shares of company stock valued at $9,130,204 over the last quarter. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lesaka Technologies

An institutional investor recently bought a new position in Lesaka Technologies stock. Susquehanna International Group LLP acquired a new stake in shares of Lesaka Technologies, Inc. (NASDAQ:LSAK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,721 shares of the company’s stock, valued at approximately $74,000. 24.19% of the stock is currently owned by hedge funds and other institutional investors.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.