Stifel Canada Has Pessimistic View of LSPD FY2026 Earnings

Lightspeed Commerce Inc. (NYSE:LSPD - Free Report) - Stifel Canada reduced their FY2026 earnings estimates for Lightspeed Commerce in a research report issued to clients and investors on Thursday, March 27th. Stifel Canada analyst S. Sukumar now expects that the company will earn $0.29 per share for the year, down from their previous forecast of $0.38. The consensus estimate for Lightspeed Commerce's current full-year earnings is $0.08 per share.

Lightspeed Commerce (NYSE:LSPD - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.07). Lightspeed Commerce had a positive return on equity of 0.61% and a negative net margin of 11.75%.

Several other brokerages also recently weighed in on LSPD. Wells Fargo & Company cut their target price on Lightspeed Commerce from $13.00 to $11.00 and set an "equal weight" rating on the stock in a research note 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 for the company in a research note on Tuesday, March 25th. UBS Group dropped their target price on Lightspeed Commerce from $17.00 to $14.50 and set a "neutral" rating on the stock in a report on Friday, February 7th. Piper Sandler lowered their price target on Lightspeed Commerce from $13.00 to $11.00 and set a "neutral" rating on the stock in a research report on Thursday, March 27th. Finally, Morgan Stanley cut their price objective on Lightspeed Commerce from $17.00 to $14.00 and set an "equal weight" rating for the company in a report on Friday, March 28th. Eleven equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $15.09.

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Lightspeed Commerce Stock Performance

Shares of Lightspeed Commerce stock traded down $0.55 during trading on Monday, hitting $7.66. 161,110 shares of the stock were exchanged, compared to its average volume of 933,529. Lightspeed Commerce has a 12 month low of $7.67 and a 12 month high of $18.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.99 and a current ratio of 6.10. The stock has a market cap of $1.17 billion, a PE ratio of -9.58, a P/E/G ratio of 3.03 and a beta of 2.44. The stock's fifty day moving average is $12.04 and its 200 day moving average is $14.60.

Institutional Investors Weigh In On Lightspeed Commerce

A number of hedge funds have recently bought and sold shares of the company. CIBC Asset Management Inc boosted its holdings in Lightspeed Commerce by 0.4% in the 4th quarter. CIBC Asset Management Inc now owns 172,182 shares of the company's stock valued at $2,620,000 after purchasing an additional 679 shares during the period. Addenda Capital Inc. increased its stake in Lightspeed Commerce by 2.0% during the fourth quarter. Addenda Capital Inc. now owns 46,609 shares of the company's stock valued at $710,000 after acquiring an additional 931 shares during the period. Blue Trust Inc. raised its holdings in Lightspeed Commerce by 214.4% in the 4th quarter. Blue Trust Inc. now owns 1,503 shares of the company's stock valued at $25,000 after acquiring an additional 1,025 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Lightspeed Commerce by 5.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 24,296 shares of the company's stock worth $370,000 after acquiring an additional 1,276 shares during the period. Finally, Scotia Capital Inc. increased its position in shares of Lightspeed Commerce by 12.0% during the fourth quarter. Scotia Capital Inc. now owns 19,225 shares of the company's stock valued at $293,000 after purchasing an additional 2,053 shares during the period. 68.68% of the stock is currently owned by institutional investors.

About Lightspeed Commerce

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.