Lightspeed Commerce (NYSE:LSPD) Coverage Initiated at TD Securities

Key Points

• TD Securities has initiated coverage on Lightspeed Commerce (NYSE:LSPD) with a hold rating and a price target of $13.00, indicating a potential upside of 9.28% from its current price.
• Other analysts have varying price targets for Lightspeed, with National Bankshares and Royal Bank of Canada setting targets at $15.00, while Benchmark placed it at $18.00, showing a generally positive outlook among investment analysts.
• Lightspeed Commerce reported a revenue increase of 14.6% year-over-year, although it fell short of EPS estimates, with a reported net margin of -61.11% for the last quarter.

Stock analysts at TD Securities initiated coverage on shares of Lightspeed Commerce (NYSE:LSPD - Get Free Report) in a note issued to investors on Friday. The brokerage set a "hold" rating and a $13.00 price target on the stock. TD Securities' price target points to a potential upside of 9.28% from the company's current price.

LSPD has been the topic of several other reports. National Bankshares upped their price objective 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. Royal Bank Of Canada set a $15.00 target price on Lightspeed Commerce and gave the stock an "outperform" rating in a research report on Wednesday, September 17th. Scotiabank increased 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. Benchmark increased their target price on Lightspeed Commerce from $16.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday, August 1st. Finally, Stifel Nicolaus increased their target price on Lightspeed Commerce from $12.00 to $14.00 and gave the stock a "hold" rating in a research report on Friday, August 1st. Four investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Lightspeed Commerce currently has an average rating of "Hold" and an average price target of $13.70.

Lightspeed Commerce Stock Performance

NYSE LSPD traded up $0.10 on Friday, reaching $11.90. The stock had a trading volume of 137,492 shares, compared to its average volume of 837,847. Lightspeed Commerce has a 12-month low of $7.34 and a 12-month high of $18.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.50 and a current ratio of 4.60. The business's 50-day moving average price is $12.25 and its 200 day moving average price is $11.15. The stock has a market cap of $1.61 billion, a P/E ratio of -2.64, a price-to-earnings-growth ratio of 22.48 and a beta of 2.45.

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 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 was up 14.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.10 EPS. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, equities analysts expect that Lightspeed Commerce will post 0.08 earnings per share for the current year.

Institutional Investors Weigh In On Lightspeed Commerce

A number of hedge funds have recently bought and sold shares of LSPD. Invesco Ltd. grew its stake in Lightspeed Commerce by 2.9% in the second quarter. Invesco Ltd. now owns 29,567 shares of the company's stock valued at $346,000 after purchasing an additional 835 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Lightspeed Commerce by 11.2% in 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 in the last quarter. PCJ Investment Counsel Ltd. grew its stake in Lightspeed Commerce by 2.7% in the first quarter. PCJ Investment Counsel Ltd. now owns 126,420 shares of the company's stock valued at $1,106,000 after purchasing an additional 3,360 shares in the last quarter. TD Waterhouse Canada Inc. grew its stake in Lightspeed Commerce by 8.5% in the second quarter. TD Waterhouse Canada Inc. now owns 43,231 shares of the company's stock valued at $502,000 after purchasing an additional 3,401 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Lightspeed Commerce by 12.2% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,846 shares of the company's stock valued at $305,000 after purchasing an additional 3,786 shares in the last quarter. Institutional investors and hedge funds 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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