Lightspeed Commerce (NYSE:LSPD) Given “Buy” Rating at BTIG Research

Lightspeed Commerce (NYSE:LSPD)‘s stock had its “buy” rating reissued by investment analysts at BTIG Research in a report issued on Wednesday,Benzinga reports. They presently have a $16.00 price target on the stock. BTIG Research’s price objective would suggest a potential upside of 40.91% from the company’s current price.

Other research analysts have also recently issued reports about the company. Zacks Research raised Lightspeed Commerce from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. Barclays lifted their price target on Lightspeed Commerce from $12.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Friday, August 1st. TD Securities began coverage on Lightspeed Commerce in a research note on Friday, October 3rd. They set a “hold” rating and a $13.00 price objective for the company. National Bankshares decreased their target price on shares of Lightspeed Commerce from $15.00 to $13.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 23rd. Finally, Royal Bank Of Canada set a $15.00 price target on shares of Lightspeed Commerce and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Five research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $13.72.

Lightspeed Commerce Price Performance

Lightspeed Commerce stock opened at $11.36 on Wednesday. The business has a 50-day simple moving average of $12.00 and a 200 day simple moving average of $11.79. Lightspeed Commerce has a 52 week low of $7.34 and a 52 week high of $18.96. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of -2.50, a PEG ratio of 41.20 and a beta of 2.49. The company has a quick ratio of 4.58, a current ratio of 4.66 and a debt-to-equity ratio of 0.01.

Lightspeed Commerce (NYSE:LSPD) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.05. The company had revenue of $318.96 million for the quarter, compared to analysts’ expectations of $308.90 million. Lightspeed Commerce had a negative net margin of 59.16% and a positive return on equity of 0.39%. Lightspeed Commerce’s revenue for the quarter was up 15.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.13 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts forecast that Lightspeed Commerce will post 0.08 earnings per share for the current fiscal year.

Institutional Trading of Lightspeed Commerce

Several large investors have recently bought and sold shares of LSPD. ANTIPODES PARTNERS Ltd bought a new position in shares of Lightspeed Commerce in the 1st quarter worth approximately $259,000. Connor Clark & Lunn Investment Management Ltd. grew its stake in Lightspeed Commerce by 9.8% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,489,100 shares of the company’s stock worth $13,030,000 after purchasing an additional 132,500 shares during the period. Wellington Management Group LLP raised its holdings in Lightspeed Commerce by 10.4% in the first quarter. Wellington Management Group LLP now owns 738,428 shares of the company’s stock worth $6,461,000 after purchasing an additional 69,583 shares in the last quarter. Nuveen LLC purchased a new position in Lightspeed Commerce during the first quarter valued at $1,026,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Lightspeed Commerce by 0.7% during the 1st 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 in the last quarter. 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.