Lightspeed Commerce (NYSE:LSPD) Given a $15.00 Price Target by Royal Bank Of Canada Analysts

Key Points

• Royal Bank of Canada analysts have assigned a $15.00 price target to Lightspeed Commerce, indicating a potential upside of 18.66% from the stock's previous close and maintaining an "outperform" rating.
• Other analysts have also increased price targets, with Scotiabank and National Bankshares both setting targets of $12.00 and $15.00, respectively, while five analysts rank the stock as a "Buy."
• Lightspeed Commerce reported a quarterly revenue of $304.94 million, surpassing expectations, although its EPS for the quarter missed consensus estimates by $0.05.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) has been given a $15.00 price target by analysts at Royal Bank Of Canada in a note issued to investors on Wednesday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's price target suggests a potential upside of 18.66% from the stock's previous close.

Other analysts also recently issued reports about the stock. Scotiabank increased their price objective on shares of 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 raised their price target on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, August 1st. Morgan Stanley raised their price target on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an "equal weight" rating in a report on Wednesday, August 20th. National Bankshares raised their price target on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the company a "sector perform" rating in a report on Friday, August 1st. Finally, 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 report on Friday, August 1st. Five research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Lightspeed Commerce presently has a consensus rating of "Hold" and a consensus target price of $14.53.

Lightspeed Commerce Stock Up 2.2%

LSPD stock traded up $0.27 during trading on Wednesday, hitting $12.64. 243,539 shares of the stock traded hands, compared to its average volume of 860,920. Lightspeed Commerce has a 1 year low of $7.34 and a 1 year high of $18.96. The firm's 50 day moving average is $12.32 and its two-hundred day moving average is $11.07. The stock has a market cap of $1.71 billion, a price-to-earnings ratio of -2.82, a price-to-earnings-growth ratio of 23.58 and a beta of 2.48. 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 (NYSE:LSPD - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05). Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The firm had revenue of $304.94 million for the quarter, compared to analysts' expectations of $287.28 million. During the same period last year, the company posted $0.10 earnings per share. The business's revenue for the quarter was up 14.6% compared to the same quarter last year. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. On average, sell-side analysts anticipate that Lightspeed Commerce will post 0.08 EPS for the current year.

Hedge Funds Weigh In On Lightspeed Commerce

Several hedge funds have recently modified their holdings of LSPD. Headlands Technologies LLC purchased a new position in shares of Lightspeed Commerce in the second quarter worth $92,000. Mitsubishi UFJ Asset Management Co. Ltd. increased its position 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 worth $98,000 after purchasing an additional 1,124 shares during the last quarter. Tempus Wealth Planning LLC bought a new stake in Lightspeed Commerce in the first quarter worth $119,000. Russell Investments Group Ltd. increased its position 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 last quarter. Finally, BIT Capital GmbH bought a new stake in Lightspeed Commerce in the first quarter worth $150,000. Hedge funds and other institutional investors own 68.68% of the company's stock.

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.

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