Lightspeed Commerce (NYSE:LSPD) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Lightspeed Commerce (NYSE:LSPD - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.11 by ($0.01), RTT News reports. Lightspeed Commerce had a positive return on equity of 0.61% and a negative net margin of 11.75%. The firm had revenue of $253.42 million for the quarter, compared to analyst estimates of $252.51 million. During the same quarter last year, the company earned $0.06 earnings per share. The firm's revenue for the quarter was up 10.1% on a year-over-year basis. Lightspeed Commerce updated its Q1 2026 guidance to EPS and its FY 2026 guidance to EPS.

Lightspeed Commerce Stock Up 2.2%

Shares of Lightspeed Commerce stock traded up $0.24 during trading on Tuesday, hitting $10.77. 318,603 shares of the stock were exchanged, compared to its average volume of 1,049,260. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.10 and a quick ratio of 5.99. The firm's 50-day moving average price is $9.67 and its 200 day moving average price is $13.05. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of -13.46, a price-to-earnings-growth ratio of 3.03 and a beta of 2.49. Lightspeed Commerce has a 12-month low of $7.34 and a 12-month high of $18.96.

Wall Street Analysts Forecast Growth

LSPD has been the topic of several research analyst reports. Morgan Stanley cut their price objective on Lightspeed Commerce from $14.00 to $12.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Wells Fargo & Company dropped their target price on Lightspeed Commerce from $13.00 to $11.00 and set an "equal weight" rating for the company in a research report on Friday, March 28th. Royal Bank of Canada reduced their price target on shares of Lightspeed Commerce from $20.00 to $15.00 and set an "outperform" rating on the stock in a research report on Tuesday, March 25th. Benchmark lowered their price objective on shares of Lightspeed Commerce from $21.00 to $16.00 and set a "buy" rating for the company in a research note on Thursday, March 27th. Finally, Bank of America cut their target price on shares of Lightspeed Commerce from $20.00 to $18.00 and set a "buy" rating on the stock in a research note on Thursday, March 27th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $14.23.

Hedge Funds Weigh In On Lightspeed Commerce

A hedge fund recently raised its stake in Lightspeed Commerce stock. Goldman Sachs Group Inc. raised its holdings in shares of Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) by 151.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,148,959 shares of the company's stock after acquiring an additional 1,295,469 shares during the quarter. Goldman Sachs Group Inc. owned approximately 1.40% of Lightspeed Commerce worth $18,803,000 as of its most recent filing with the SEC. Institutional investors and hedge funds 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.