Royal Bank Of Canada Reiterates “$15.00” Price Target for Lightspeed Commerce (NYSE:LSPD)

Royal Bank Of Canada set a $15.00 price objective on Lightspeed Commerce (NYSE:LSPD) in a report published on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

A number of other research firms have also commented on LSPD. National Bankshares lifted their target price on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the stock a “sector perform” rating in a report on Friday, August 1st. Stifel Nicolaus lifted their target price on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the stock a “hold” rating in a report on Friday, August 1st. Truist Financial lifted their target price 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. Benchmark lifted their price target on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Finally, Barclays lifted their price target on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Friday, August 1st. Five investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $14.53.

Lightspeed Commerce Stock Performance

Shares of Lightspeed Commerce stock opened at $12.62 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.60 and a quick ratio of 4.50. The firm has a market cap of $1.71 billion, a P/E ratio of -2.80, a P/E/G ratio of 24.23 and a beta of 2.48. The firm has a 50 day simple moving average of $12.37 and a 200 day simple moving average of $11.09. Lightspeed Commerce has a fifty-two week low of $7.34 and a fifty-two week high of $18.96.

Lightspeed Commerce (NYSE:LSPD) last issued 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). The company had revenue of $304.94 million during the quarter, compared to analyst estimates of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The business’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Sell-side analysts predict that Lightspeed Commerce will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lightspeed Commerce

Institutional investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new stake in Lightspeed Commerce in the 2nd quarter valued at $92,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Lightspeed Commerce by 11.2% during 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 in the last quarter. Tempus Wealth Planning LLC bought a new stake in Lightspeed Commerce during the 1st quarter worth about $119,000. Russell Investments Group Ltd. lifted its position in Lightspeed Commerce by 106.4% during 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 in the last quarter. Finally, BIT Capital GmbH bought a new stake in Lightspeed Commerce during the 1st quarter worth about $150,000. 68.68% of the stock is 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.