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

Royal Bank Of Canada set a $15.00 price target on Lightspeed Commerce (NYSE:LSPD) in a report published on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.

Several other equities research analysts have also recently weighed in on the stock. Scotiabank increased their target price on shares of Lightspeed Commerce from $10.00 to $12.00 and gave the company a “sector perform” rating in a research note on Monday, July 28th. Benchmark increased their target price on shares of Lightspeed Commerce from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Barclays increased their target price on shares of Lightspeed Commerce from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Friday, August 1st. Morgan Stanley increased their target price on shares of Lightspeed Commerce from $12.00 to $14.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. Finally, National Bankshares increased their target price on shares of Lightspeed Commerce from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Friday, August 1st. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $14.53.

Lightspeed Commerce Trading Up 0.2%

Shares of NYSE:LSPD opened at $12.62 on Wednesday. The company has a market cap of $1.71 billion, a P/E ratio of -2.80, a P/E/G ratio of 24.23 and a beta of 2.48. The stock’s 50-day moving average is $12.37 and its 200-day moving average is $11.09. Lightspeed Commerce has a 52-week low of $7.34 and a 52-week 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.

Lightspeed Commerce (NYSE:LSPD) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.05). The business had revenue of $304.94 million during the quarter, compared to analyst estimates 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 period in the prior year, the business posted $0.10 earnings per share. Lightspeed Commerce has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities research analysts predict that Lightspeed Commerce will post 0.08 earnings per share for the current year.

Institutional Trading of Lightspeed Commerce

Several hedge funds have recently modified their holdings of LSPD. Wishbone Management LP acquired a new stake in shares of Lightspeed Commerce during the first quarter worth approximately $32,156,000. Bank of America Corp DE increased its holdings in shares of Lightspeed Commerce by 846.0% during the second quarter. Bank of America Corp DE now owns 1,873,942 shares of the company’s stock worth $21,944,000 after buying an additional 1,675,853 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Lightspeed Commerce by 151.8% during the first quarter. Goldman Sachs Group Inc. now owns 2,148,959 shares of the company’s stock worth $18,803,000 after buying an additional 1,295,469 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in shares of Lightspeed Commerce by 3,784.7% during the second quarter. ANTIPODES PARTNERS Ltd now owns 1,150,227 shares of the company’s stock worth $13,472,000 after buying an additional 1,120,618 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Lightspeed Commerce by 43.7% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,139,300 shares of the company’s stock worth $25,121,000 after buying an additional 650,200 shares in the last quarter. 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.