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 assigned a $15.00 target price by equities researchers 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 18.86% from the stock's current price.

A number of other analysts also recently issued reports on LSPD. Benchmark lifted their price objective 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. National Bankshares lifted their price objective 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. Truist Financial lifted their target price on Lightspeed Commerce from $11.00 to $12.00 and gave the stock a "hold" rating in a research note on Thursday, July 17th. Stifel Nicolaus boosted their price objective on Lightspeed Commerce from $12.00 to $14.00 and gave the stock a "hold" rating in a report on Friday, August 1st. Finally, Morgan Stanley boosted their price objective on Lightspeed Commerce from $12.00 to $14.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 20th. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $14.53.

Lightspeed Commerce Trading Up 0.2%

NYSE:LSPD traded up $0.02 during trading hours on Wednesday, reaching $12.62. 486,734 shares of the company were exchanged, compared to its average volume of 444,679. Lightspeed Commerce has a 52-week low of $7.34 and a 52-week high of $18.96. The stock has a 50 day simple moving average of $12.37 and a 200 day simple moving average of $11.09. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of -2.80, a PEG ratio of 24.25 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 issued its quarterly earnings data on Thursday, July 31st. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.05). The firm had revenue of $304.94 million during the quarter, compared to the consensus estimate of $287.28 million. Lightspeed Commerce had a negative net margin of 61.11% and a positive return on equity of 0.33%. The company's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. As a group, analysts predict that Lightspeed Commerce will post 0.08 EPS for the current year.

Institutional Trading of Lightspeed Commerce

A number of institutional investors have recently bought and sold shares of the business. Invesco Ltd. lifted its stake in Lightspeed Commerce by 2.9% in the 2nd quarter. Invesco Ltd. now owns 29,567 shares of the company's stock valued at $346,000 after buying an additional 835 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Lightspeed Commerce by 11.2% during 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. Toronto Dominion Bank lifted its holdings in Lightspeed Commerce by 17.6% in the fourth quarter. Toronto Dominion Bank now owns 20,477 shares of the company's stock worth $312,000 after acquiring an additional 3,069 shares during the last quarter. PCJ Investment Counsel Ltd. lifted its holdings in Lightspeed Commerce by 2.7% in the first quarter. PCJ Investment Counsel Ltd. now owns 126,420 shares of the company's stock worth $1,106,000 after acquiring an additional 3,360 shares during the last quarter. Finally, TD Waterhouse Canada Inc. raised its holdings in shares of Lightspeed Commerce by 8.5% during the second quarter. TD Waterhouse Canada Inc. now owns 43,231 shares of the company's stock valued at $502,000 after buying an additional 3,401 shares during the last quarter. 68.68% of the stock is owned by hedge funds and other institutional investors.

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.