Vanguard Group Inc. Has $47 Million Stock Position in Lightspeed Commerce Inc. $LSPD

Key Points

• Vanguard Group Inc. increased its stake in Lightspeed Commerce by 0.7%, holding 5,372,421 shares valued at approximately $47 million.
• Several analysts have raised their price targets for Lightspeed Commerce, with a consensus rating of "Hold" and an average target price of $14.53.
• In its recent earnings report, Lightspeed Commerce reported $0.06 EPS, missing the consensus estimate of $0.11 EPS, but achieved a 14.6% year-over-year revenue increase.

Vanguard Group Inc. boosted its position in Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) by 0.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,372,421 shares of the company's stock after purchasing an additional 39,115 shares during the quarter. Vanguard Group Inc. owned about 3.51% of Lightspeed Commerce worth $47,004,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. ANTIPODES PARTNERS Ltd bought a new stake in Lightspeed Commerce in the 1st quarter valued at $259,000. Two Sigma Advisers LP boosted its stake in Lightspeed Commerce by 165.6% in the 4th quarter. Two Sigma Advisers LP now owns 64,800 shares of the company's stock valued at $987,000 after purchasing an additional 40,400 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in Lightspeed Commerce by 304.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 397,752 shares of the company's stock valued at $6,061,000 after purchasing an additional 299,482 shares during the period. Ameriprise Financial Inc. bought a new stake in Lightspeed Commerce in the 4th quarter valued at $24,334,000. Finally, LMR Partners LLP boosted its stake in Lightspeed Commerce by 51.9% in the 4th quarter. LMR Partners LLP now owns 224,822 shares of the company's stock valued at $3,424,000 after purchasing an additional 76,822 shares during the period. 68.68% of the stock is currently owned by institutional investors.

Lightspeed Commerce Price Performance

Shares of NYSE:LSPD traded down $0.05 during trading on Friday, reaching $12.38. 231,592 shares of the company traded hands, compared to its average volume of 456,596. The company's 50 day moving average is $12.21 and its two-hundred day moving average is $11.15. The firm has a market capitalization of $1.67 billion, a PE ratio of -2.75, a PEG ratio of 23.79 and a beta of 2.48. The company has a quick ratio of 4.50, a current ratio of 4.60 and a debt-to-equity ratio of 0.01. Lightspeed Commerce Inc. has a 52 week low of $7.34 and a 52 week high of $18.96.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.11 by ($0.05). Lightspeed Commerce had a positive return on equity of 0.33% and a negative net margin of 61.11%.The business had revenue of $304.94 million for the quarter, compared to analyst estimates of $287.28 million. During the same period last year, the firm posted $0.10 EPS. Lightspeed Commerce's quarterly revenue was up 14.6% on a year-over-year basis. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, sell-side analysts predict that Lightspeed Commerce Inc. will post 0.08 earnings per share for the current year.

Analysts Set New Price Targets

LSPD has been the subject of several recent research reports. Barclays boosted their price target on Lightspeed Commerce from $12.00 to $15.00 and gave the company an "equal weight" rating in a research note on Friday, August 1st. Scotiabank upped their target price on Lightspeed Commerce from $10.00 to $12.00 and gave the company a "sector perform" rating in a research report on Monday, July 28th. Benchmark upped their target price on Lightspeed Commerce from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Friday, August 1st. National Bankshares upped their target price on Lightspeed Commerce from $13.00 to $15.00 and gave the company a "sector perform" rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus upped their target price on Lightspeed Commerce from $12.00 to $14.00 and gave the company a "hold" rating in a research report on Friday, August 1st. 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 MarketBeat, the company has an average rating of "Hold" and an average price target of $14.53.

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.