Lesaka Technologies (NASDAQ:LSAK) Releases FY 2026 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.260-0.260 for the period, compared to the consensus EPS estimate of 0.150. The company issued revenue guidance of $373.8 million-$403.0 million, compared to the consensus revenue estimate of $542.7 million. Lesaka Technologies also updated its Q3 2026 guidance to EPS.

Wall Street Analysts Forecast Growth

LSAK has been the topic of a number of recent research reports. Zacks Research raised shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Lesaka Technologies in a report on Thursday, January 22nd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce”.

Lesaka Technologies Stock Down 0.9%

NASDAQ:LSAK traded down $0.04 on Wednesday, hitting $4.56. The stock had a trading volume of 100,955 shares, compared to its average volume of 72,921. Lesaka Technologies has a 1 year low of $3.39 and a 1 year high of $5.20. The firm’s fifty day simple moving average is $4.46 and its two-hundred day simple moving average is $4.37. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.48 and a current ratio of 1.61. The stock has a market cap of $383.45 million, a P/E ratio of -4.26 and a beta of 0.47.

Lesaka Technologies (NASDAQ:LSAK) last announced its earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.04. The firm had revenue of $93.40 million for the quarter, compared to the consensus estimate of $166.00 million. Lesaka Technologies had a negative return on equity of 47.06% and a negative net margin of 14.02%.Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. Analysts predict that Lesaka Technologies will post -0.16 earnings per share for the current year.

Insider Buying and Selling at Lesaka Technologies

In other Lesaka Technologies news, Chairman Ali Mazanderani bought 1,800,000 shares of the stock in a transaction dated Wednesday, December 31st. The shares were bought at an average cost of $5.00 per share, for a total transaction of $9,000,000.00. Following the purchase, the chairman directly owned 2,325,115 shares of the company’s stock, valued at approximately $11,625,575. This trade represents a 342.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Daniel Luke Smith purchased 11,503 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was bought at an average cost of $4.40 per share, for a total transaction of $50,613.20. Following the completion of the acquisition, the chief financial officer directly owned 23,500 shares in the company, valued at $103,400. The trade was a 95.88% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 1,830,500 shares of company stock valued at $9,130,204. Insiders own 3.40% of the company’s stock.

Hedge Funds Weigh In On Lesaka Technologies

A hedge fund recently bought a new stake in Lesaka Technologies stock. Susquehanna International Group LLP acquired a new position in Lesaka Technologies, Inc. (NASDAQ:LSAK) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,721 shares of the company’s stock, valued at approximately $74,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.