Lesaka Technologies (NASDAQ:LSAK) Upgraded to “Strong-Buy” at Jefferies Financial Group

Posted by on Sep 16th, 2026

Jefferies Financial Group upgraded shares of Lesaka Technologies (NASDAQ:LSAK – Free Report) to a strong-buy rating in a research report released on Monday morning,Zacks reports.

Several other equities research analysts also recently issued reports on LSAK. Wall Street Zen downgraded Lesaka Technologies from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Weiss Ratings lowered shares of Lesaka Technologies from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $7.56.

Read Our Latest Report on Lesaka Technologies

Lesaka Technologies Stock Performance

Lesaka Technologies stock opened at $4.26 on Monday. Lesaka Technologies has a 12-month low of $3.62 and a 12-month high of $5.54. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.59 and a quick ratio of 1.47. The company has a market capitalization of $365.59 million, a price-to-earnings ratio of 106.53 and a beta of 0.33. The firm’s fifty day moving average price is $4.64 and its 200 day moving average price is $4.79.

Lesaka Technologies (NASDAQ:LSAK – Get Free Report) last posted its quarterly earnings data on Saturday, August 15th. The company reported $0.15 earnings per share for the quarter. Lesaka Technologies had a net margin of 0.43% and a return on equity of 1.65%. The company had revenue of $98.50 million during the quarter. On average, research analysts forecast that Lesaka Technologies will post 0.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in LSAK. Potomac Capital Management Inc. acquired a new position in Lesaka Technologies in the fourth quarter valued at approximately $4,766,000. Rathbones Group PLC raised its position in shares of Lesaka Technologies by 6.6% during the 4th quarter. Rathbones Group PLC now owns 3,644,420 shares of the company’s stock worth $17,384,000 after purchasing an additional 225,000 shares during the period. Renaissance Technologies LLC raised its position in shares of Lesaka Technologies by 16.6% during the 1st quarter. Renaissance Technologies LLC now owns 185,900 shares of the company’s stock worth $946,000 after purchasing an additional 26,500 shares during the period. 9823 Capital L.P. bought a new stake in shares of Lesaka Technologies in the 4th quarter worth approximately $94,000. Finally, AXQ Capital LP bought a new stake in shares of Lesaka Technologies in the 2nd quarter worth approximately $60,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

About Lesaka Technologies

(Get Free Report)

Lesaka Technologies, Inc is a financial technology company that provides digital payments and financial services in Southern Africa. Formerly known as Net 1 UEPS Technologies, the company adopted the Lesaka name in 2022 as part of a broader focus on payments, banking, and related technology services.

Lesaka serves consumers, merchants, and businesses through services that include digital wallets, card and cash payments, money transfers, prepaid products, bill payment, banking services, and lending.

Featured Articles

Receive News & Ratings for Lesaka Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lesaka Technologies and related companies with MarketBeat.com's FREE daily email newsletter.