Lightspeed Commerce Inc. (LSPD)

NYSE: LSPD · IEX Real-Time Price · USD
15.20
-0.22 (-1.43%)
May 20, 2024, 2:41 PM EDT - Market open
-1.43%
Market Cap 2.33B
Revenue (ttm) 909.27M
Net Income (ttm) -163.96M
Shares Out 153.25M
EPS (ttm) -1.07
PE Ratio n/a
Forward PE 68.71
Dividend n/a
Ex-Dividend Date n/a
Volume 469,948
Open 15.29
Previous Close 15.42
Day's Range 14.98 - 15.34
52-Week Range 12.23 - 21.71
Beta 2.67
Analysts Buy
Price Target 18.83 (+23.88%)
Earnings Date May 16, 2024

About LSPD

Lightspeed Commerce Inc. engages in sale of cloud-based software subscriptions and payments solutions for single and multilocation retailers, restaurants, golf course operators, and other businesses in North America, Europe, the United Kingdom, Australia, New Zealand, and internationally. Its software platform enables customers to engage with consumers, manage operations, accept payments, and grow business. The company's cloud platform is designed around interrelated elements, such as omni-channel consumer experience, a comprehensive back-offic... [Read more]

Sector Technology
IPO Date Sep 11, 2020
Employees 3,000
Stock Exchange NYSE
Ticker Symbol LSPD
Full Company Profile

Financial Performance

In 2023, LSPD's revenue was $909.27 million, an increase of 24.47% compared to the previous year's $730.51 million. Losses were -$163.96 million, -84.68% less than in 2022.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for LSPD stock is "Buy." The 12-month stock price forecast is $18.83, which is an increase of 23.88% from the latest price.

Price Target
$18.83
(23.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lightspeed CEO on Helping Smaller Merchants Challenge Industry Goliaths

Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes.

2 days ago - PYMNTS

Lightspeed Announces Fourth Quarter and Full Year 2024 Financial Results and Provides Outlook for Fiscal 2025

Total revenue of $230.2 million grew 25% year-over-year and annual revenue exceeded previously-established outlook Net loss and Adjusted EBITDA1 improved to ($32.5) million and $4.4 million, respectiv...

4 days ago - PRNewsWire

Lightspeed and Myrtle Beach Area Golf Course Owners Association Form Strategic Partnership to Elevate Golf Experiences

MONTREAL , May 9, 2024 /PRNewswire/ -  Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) ("Lightspeed"), the one-stop commerce platform empowering merchants to provide the best omnichannel experiences...

11 days ago - PRNewsWire

Lightspeed Commerce Highlights Latest Product Launches Designed to Help Businesses Scale Faster and Smarter

Q4 product updates feature new data-driven innovations in retail and hospitality to unlock additional customer value and operational efficiencies  MONTREAL , April 30, 2024 /PRNewswire/ - Lightspeed C...

20 days ago - PRNewsWire

Lightspeed Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results Conference Call

MONTREAL, QC , April 11, 2024 /PRNewswire/ -  Lightspeed Commerce Inc. (NYSE: LPSD) | (TSX: LSPD) ("Lightspeed" or the "Company"), today announced it will report fourth quarter and full year 2024 fina...

5 weeks ago - PRNewsWire

Lightspeed to cut labor costs by 10%, but will buy back up to 10% of its stock

Shares of Lightspeed Commerce Inc. rose Wednesday, after the Canada-based provider of point-of-sale software for retailers and restaurants announced plans to cut labor costs by 10%, as part of the nex...

6 weeks ago - Market Watch

Lightspeed Commerce Announces Cost Reductions, Share Repurchase Program, and Reaffirms Focus on Profitable Growth

Elimination of approximately 10% of Lightspeed's headcount-related operating expenditures. Lightspeed's board authorized a share repurchase program for up to 10% of its public float - the maximum allo...

6 weeks ago - PRNewsWire

Elevating the Culinary Scene: Introducing the Next Evolution of Lightspeed Restaurant in Quebec

Lightspeed heralds a transformative era with industry-leading advanced data analytics, staffing solutions, smart inventory management, and effortless ordering system to meet the demands of the modern ...

2 months ago - GlobeNewsWire

Lightspeed DMS Appoints Brian Provost President & CEO

SALT LAKE CITY--(BUSINESS WIRE)--Lightspeed DMS LLC, the leading recreational dealer management software provider and a Brookfield portfolio company, today announced that Brian Provost has been appoin...

2 months ago - Business Wire

Lightspeed Named One of Montréal's Top Employers for 2024

For the second year in a row, Mediacorp Canada's Annual Competition recognizes Lightspeed for its health and wellness benefits For the second year in a row, Mediacorp Canada's Annual Competition recog...

2 months ago - GlobeNewsWire

Lightspeed to Participate in Upcoming Investor Conferences

MONTREAL, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc.  (NYSE | TSX: LSPD), today announced its participation in two investor conferences. Powering the world's best businesses, Lightspee...

3 months ago - GlobeNewsWire

Lightspeed Commerce's Returning CEO Dasilva to Focus on Profitable Growth

Profitable growth is now the main goal at Lightspeed, replacing a strategy of growth-at-all-costs, says Dasilva.

3 months ago - WSJ

Lightspeed Founder Returns to Lead Firm as CEO Departs

Digital commerce platform Lightspeed has a new CEO: its old CEO. Dax Dasilva, who founded the company in 2005 and served as its chief executive until February 2022, will return to serve as interim CEO...

3 months ago - PYMNTS

Lightspeed Announces the Return of Dax Dasilva as CEO

Lightspeed Founder Reappointed to CEO Role, Replacing JP Chauvet MONTREAL , Feb. 15, 2024 /PRNewswire/ -  Lightspeed Commerce Inc. (NYSE: LSPD) (TSX: LSPD) announced today the reappointment of Founder...

3 months ago - PRNewsWire

Lightspeed Announces Third Quarter 2024 Financial Results

Total revenue of $239.7 million grew 27% year-over-year and surpassed previously-established outlook Net loss and Adjusted EBITDA1 improved to ($40.2) million and $3.6 million, respectively Lightspeed...

3 months ago - PRNewsWire

Lightspeed Commerce Announces Table Side; Roster of New Product Innovations Designed to Increase Customer Efficiency and Cost Effectiveness

New product features enhance customer service, insights and unified integrations for both retailers and hospitality providers New product features enhance customer service, insights and unified integr...

4 months ago - GlobeNewsWire

Lightspeed Announces Launch of Lightspeed Scheduling to Enable Golf Courses to Manage and Grow Off-Course Services

Courses can now expand their online booking capabilities beyond tee times, offering 24/7 online bookings for off-course services such as golf simulators, lessons, fittings, racket sports and more Cour...

4 months ago - GlobeNewsWire

Lightspeed Commerce Expands POS and Payment Platform for Retail, Hospitality

Lightspeed Commerce has unveiled a range of new features and updates aimed at simplifying and expanding operations for businesses in the retail and hospitality industries. These new solutions join the...

4 months ago - PYMNTS

Lightspeed and GreatLIFE Partner to Offer Customers World-Class, Technology-Driven Golf Experiences

MONTREAL, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) announced today a new partnership with GreatLIFE Golf, an industry-leading Multi-Course Operator (MCO). Through ...

4 months ago - GlobeNewsWire

Lightspeed Announces Fiscal Third Quarter 2024 Financial Results Conference Call

MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc.  (NYSE | TSX: LSPD), today announced it will report third quarter 2024 financial results before the market open on Thursday, Februa...

4 months ago - GlobeNewsWire

Lightspeed Data Shows Customers Are Seeking Indulgence With New Year's Eve Menu Items

Exclusive data from Lightspeed's Advanced Insights module shows New Year's Eve diners splurge on sparkling wine, steak and lobster. Exclusive data from Lightspeed's Advanced Insights module shows New ...

5 months ago - GlobeNewsWire

Lightspeed Summit: Unveiling the Future of Commerce and Innovation

Over 300 Industry Leaders, Partners, and Customers Gathered in Montreal for Lightspeed's Annual Summit Over 300 Industry Leaders, Partners, and Customers Gathered in Montreal for Lightspeed's Annual S...

6 months ago - GlobeNewsWire

Exclusive Lightspeed Data Shows How Bars and Restaurants can Seize on Thanksgiving Eve Trend ‘Drinksgiving' to Drive Major Sales

Unique data from Lightspeed's Advanced Insights module, reveals that last year business doubled for bars compared to the previous week; total number of transactions across all restaurant categories gr...

6 months ago - GlobeNewsWire

Exclusive Lightspeed Data Shows How Bars and Restaurants can Seize on Thanksgiving Eve Trend ‘Drinksgiving' to Drive Major Sales

Unique data from Lightspeed's Advanced Insights module, reveals that last year business doubled for bars compared to the previous week; total number of transactions across all restaurant categories gr...

6 months ago - GlobeNewsWire

David Jones Digitizes Its Buying Process Utilizing NuORDER by Lightspeed

NuORDER Assortments will streamline buying plans across brands, departments and teams NuORDER Assortments will streamline buying plans across brands, departments and teams

6 months ago - GlobeNewsWire