Lightspeed Commerce (NYSE:LSPD) Shares Down 9.4% After Analyst Downgrade

Lightspeed Commerce Inc. (NYSE:LSPD) traded down 9.4% during mid-day trading on Thursday after BTIG Research lowered their price target on the stock from $15.00 to $12.00. BTIG Research currently has a buy rating on the stock. Lightspeed Commerce traded as low as $7.83 and last traded at $8.12. 525,623 shares changed hands during trading, a decline of 43% from the average session volume of 927,689 shares. The stock had previously closed at $8.96.

Other research analysts have also recently issued reports about the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lightspeed Commerce in a report on Tuesday, April 21st. Bank of America assumed coverage on shares of Lightspeed Commerce in a report on Tuesday. They set an “underperform” rating and a $10.00 price objective for the company. Truist Financial reduced their price objective on shares of Lightspeed Commerce from $13.00 to $11.00 and set a “hold” rating for the company in a report on Wednesday, February 11th. Royal Bank Of Canada reduced their price objective on shares of Lightspeed Commerce from $15.00 to $13.00 and set an “outperform” rating for the company in a report on Friday, February 6th. Finally, Barclays reduced their price objective on shares of Lightspeed Commerce from $12.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Lightspeed Commerce presently has a consensus rating of “Hold” and a consensus target price of $12.82.

Key Lightspeed Commerce News

Here are the key news stories impacting Lightspeed Commerce this week:

• Positive Sentiment: Fourth-quarter revenue rose 14.8% year over year to $290.8 million and gross profit increased 15.4% to $129.1 million, showing continued top-line momentum. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Positive Sentiment: The company reported strong cash generation in fiscal 2026, including $55.5 million in cash from operating activities and $18.2 million in adjusted free cash flow. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Neutral Sentiment: Lightspeed announced a new normal course issuer bid, authorizing repurchases of up to about 10% of the public float, which may support the shares but does not change the operating outlook. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027
• Neutral Sentiment: BTIG Research lowered its price target on Lightspeed Commerce to $12 from $15, but kept a Buy rating, suggesting analysts still see upside despite the recent pullback. Benzinga
• Negative Sentiment: Adjusted and reported earnings came in below expectations, with Q4 EPS missing consensus and the company posting another quarterly loss, reinforcing concerns about profitability. Lightspeed Commerce Inc. (LSPD) Lags Q4 Earnings Estimates
• Negative Sentiment: The company’s fiscal 2027 revenue outlook of $1.2 billion to $1.3 billion was roughly in line to slightly below Wall Street expectations, which may have disappointed investors looking for a stronger guide. Lightspeed Announces Fourth Quarter and Full Year 2026 Financial Results and Provides Outlook for Fiscal 2027

Institutional Trading of Lightspeed Commerce

A number of institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. increased its position in shares of Lightspeed Commerce by 2.9% during the second quarter. Invesco Ltd. now owns 29,567 shares of the company’s stock valued at $346,000 after acquiring an additional 835 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in Lightspeed Commerce by 4.8% in the fourth quarter. Pictet Asset Management Holding SA now owns 25,118 shares of the company’s stock valued at $303,000 after acquiring an additional 1,148 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Lightspeed Commerce by 15.9% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 16,902 shares of the company’s stock valued at $198,000 after acquiring an additional 2,314 shares during the period. Swiss National Bank grew its position in shares of Lightspeed Commerce by 1.6% during the 4th quarter. Swiss National Bank now owns 246,200 shares of the company’s stock valued at $2,977,000 after acquiring an additional 3,900 shares during the period. Finally, TD Waterhouse Canada Inc. grew its position in shares of Lightspeed Commerce by 10.1% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 47,580 shares of the company’s stock valued at $554,000 after acquiring an additional 4,349 shares during the period. 68.68% of the stock is owned by hedge funds and other institutional investors.

Lightspeed Commerce Stock Down 6.5%

The stock’s 50-day moving average price is $9.09 and its two-hundred day moving average price is $10.40. The stock has a market capitalization of $1.15 billion, a P/E ratio of -1.81, a P/E/G ratio of 1.70 and a beta of 1.92. The company has a current ratio of 4.52, a quick ratio of 4.44 and a debt-to-equity ratio of 0.01.

About Lightspeed Commerce

Lightspeed Commerce Inc is a Canadian technology company that develops cloud-based point-of-sale (POS) and e-commerce software for small and medium-sized businesses across the retail and hospitality sectors. Its integrated platform enables merchants to manage sales, inventory, customer relationships and analytics through a single interface. By combining in-store and online channels, Lightspeed helps businesses streamline operations and improve customer engagement in an increasingly omnichannel marketplace.

The company’s product suite includes POS terminals, payment processing services, inventory management tools, customer loyalty programs and data reporting dashboards.