Cubist Systematic Strategies LLC Invests $572,000 in Lightspeed Commerce Inc. $LSPD

Key Points

• Cubist Systematic Strategies LLC acquired 65,344 shares of Lightspeed Commerce Inc., valued at approximately $572,000, marking a new stake in the company this quarter.
• Lightspeed Commerce's recent earnings report showed a $0.06 EPS, missing analysts' expectations, although revenue increased by 14.6% year-over-year, totaling $304.94 million for the quarter.
• Analysts have a consensus rating of "Hold" for Lightspeed Commerce, with price targets ranging from $12.00 to $18.00, indicating cautious optimism about the stock's future performance.

Cubist Systematic Strategies LLC acquired a new stake in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 65,344 shares of the company's stock, valued at approximately $572,000.

A number of other institutional investors have also recently bought and sold shares of LSPD. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in Lightspeed Commerce by 11.2% in the 1st 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 period. Tempus Wealth Planning LLC bought a new stake in shares of Lightspeed Commerce during the 1st quarter worth approximately $119,000. BIT Capital GmbH bought a new stake in shares of Lightspeed Commerce during the 1st quarter worth approximately $150,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Lightspeed Commerce during the 1st quarter worth approximately $259,000. Finally, Twinbeech Capital LP bought a new stake in shares of Lightspeed Commerce during the 4th quarter worth approximately $261,000. Institutional investors own 68.68% of the company's stock.

Lightspeed Commerce Price Performance

LSPD stock traded up $0.06 during midday trading on Friday, reaching $11.86. The company had a trading volume of 342,144 shares, compared to its average volume of 445,745. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.60 and a quick ratio of 4.50. Lightspeed Commerce Inc. has a 1 year low of $7.34 and a 1 year high of $18.96. The company has a market capitalization of $1.60 billion, a P/E ratio of -2.63, a P/E/G ratio of 22.69 and a beta of 2.48. The firm has a 50-day moving average price of $12.29 and a 200-day moving average price of $11.09.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $304.94 million during the quarter, compared to the consensus estimate 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 was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, research analysts anticipate that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. National Bankshares upped their price target 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. Barclays raised their price target on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Stifel Nicolaus raised their price target on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company a "hold" rating in a research note on Friday, August 1st. Morgan Stanley increased their price objective on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 20th. Finally, Scotiabank raised their price target on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the stock a "sector perform" rating in a report on Monday, July 28th. Five 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. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $14.53.

Lightspeed Commerce Company Profile

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.