Lightspeed Commerce (NYSE:LSPD – Free Report) had its price objective hoisted by JPMorgan Chase & Co. from $11.00 to $12.00 in a report issued on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.
A number of other equities analysts have also recently commented on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a report on Friday, July 17th. Benchmark dropped their target price on shares of Lightspeed Commerce from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Friday, May 22nd. BMO Capital Markets dropped their price target on Lightspeed Commerce from $13.00 to $12.00 and set an “outperform” rating on the stock in a research report on Monday, May 25th. Morgan Stanley cut their price target on Lightspeed Commerce from $13.50 to $11.50 and set an “equal weight” rating on the stock in a research note on Friday, May 22nd. Finally, Scotiabank cut their price target on Lightspeed Commerce from $12.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, May 25th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $11.32.
Check Out Our Latest Research Report on LSPD
Lightspeed Commerce Stock Up 4.5%
Lightspeed Commerce (NYSE:LSPD – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.02. The company had revenue of $322.70 million for the quarter, compared to analysts’ expectations of $310.58 million. Lightspeed Commerce had a negative net margin of 7.81% and a positive return on equity of 1.04%. Lightspeed Commerce’s quarterly revenue was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.06 earnings per share. As a group, equities analysts predict that Lightspeed Commerce will post 0.26 EPS for the current fiscal year.
Hedge Funds Weigh In On Lightspeed Commerce
Large investors have recently bought and sold shares of the business. Pale Fire Capital SE bought a new stake in Lightspeed Commerce during the 1st quarter valued at $49,500,000. Bank of America Corp DE increased its holdings in shares of Lightspeed Commerce by 846.0% in the 2nd quarter. Bank of America Corp DE now owns 1,873,942 shares of the company’s stock valued at $21,944,000 after acquiring an additional 1,675,853 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Lightspeed Commerce by 151.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock worth $18,803,000 after acquiring an additional 1,295,469 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Lightspeed Commerce by 64.4% during the 1st quarter. Royal Bank of Canada now owns 2,226,453 shares of the company’s stock worth $19,950,000 after purchasing an additional 872,131 shares during the last quarter. Finally, Artisan Partners Limited Partnership boosted its position in Lightspeed Commerce by 17.5% during the fourth quarter. Artisan Partners Limited Partnership now owns 3,900,930 shares of the company’s stock valued at $47,066,000 after purchasing an additional 581,900 shares in the last quarter. Institutional investors own 68.68% of the company’s stock.
Trending Headlines about Lightspeed Commerce
Here are the key news stories impacting Lightspeed Commerce this week:
- Positive Sentiment: Lightspeed reported fiscal first-quarter 2027 revenue of $322.7 million, above the $310.6 million consensus, while adjusted EPS of $0.13 exceeded estimates of $0.11 and doubled from $0.06 a year earlier. Revenue increased 5.8% year over year. Lightspeed Announces First Quarter 2027 Financial Results
- Positive Sentiment: Management highlighted 17% organic revenue growth, 12% organic gross-profit growth, approximately 1,300 net new customer locations, and 20% revenue growth across North American retail and European hospitality. Lightspeed also repurchased $86 million of stock during the quarter, potentially supporting per-share value. Quarterly Financial Results
- Neutral Sentiment: JPMorgan raised its Lightspeed price target from $11 to $12, implying additional upside based on the referenced price, but maintained an “underweight” rating. The target increase is constructive, although the rating signals ongoing concerns about the company’s outlook. JPMorgan Price Target Update
- Negative Sentiment: Fiscal 2027 revenue guidance of $1.2 billion to $1.3 billion is below the roughly $1.3 billion analyst consensus, overshadowing the quarterly beat. Second-quarter revenue guidance of $316 million to $326 million is broadly near expectations, suggesting that investors remain focused on the slower full-year outlook. Fiscal 2027 Guidance
Lightspeed Commerce Company Profile
Lightspeed Commerce Inc is a Canadian technology company that develops cloud-based point-of-sale (POS) and e-commerce software for small and medium-sized businesses across the retail and hospitality sectors. Its integrated platform enables merchants to manage sales, inventory, customer relationships and analytics through a single interface. By combining in-store and online channels, Lightspeed helps businesses streamline operations and improve customer engagement in an increasingly omnichannel marketplace.
The company’s product suite includes POS terminals, payment processing services, inventory management tools, customer loyalty programs and data reporting dashboards.
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