Lightspeed Commerce (NYSE:LSPD – Free Report) had its price target lifted by Morgan Stanley from $12.00 to $14.00 in a research report sent to investors on Wednesday,Benzinga reports. They currently have an equal weight rating on the stock.
LSPD has been the topic of a number of other research reports. Benchmark raised their target price 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. Stifel Nicolaus boosted their target price on Lightspeed Commerce from $12.00 to $14.00 and gave the stock a “hold” rating in a report on Friday, August 1st. National Bankshares increased their price target on Lightspeed Commerce from $13.00 to $15.00 and gave the company a “sector perform” rating in a report on Friday, August 1st. Barclays increased their price objective on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an “equal weight” rating in a research report on Friday, August 1st. Finally, Scotiabank lifted their target price on Lightspeed Commerce from $10.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Monday, July 28th. Five research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Lightspeed Commerce currently has an average rating of “Hold” and a consensus price target of $14.53.
View Our Latest Stock Report on LSPD
Lightspeed Commerce Stock Up 4.4%
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.05). The company had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The company’s revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities analysts expect that Lightspeed Commerce will post 0.08 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in shares of Lightspeed Commerce in the 2nd quarter worth approximately $92,000. Russell Investments Group Ltd. boosted its holdings in Lightspeed Commerce by 106.4% in the second quarter. Russell Investments Group Ltd. now owns 10,386 shares of the company’s stock worth $122,000 after purchasing an additional 5,354 shares during the period. Bayesian Capital Management LP acquired a new position in Lightspeed Commerce in the fourth quarter worth $165,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Lightspeed Commerce by 11.2% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 11,197 shares of the company’s stock valued at $98,000 after purchasing an additional 1,124 shares during the last quarter. Finally, Magnetar Financial LLC acquired a new stake in shares of Lightspeed Commerce during the second quarter worth $156,000. Institutional investors own 68.68% of the company’s stock.
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.
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