Analyst Ratings Coverage

Barclays Capital (Rank #4) on Friday December 1st, issued a research report on Lightspeed’s stock, and raised the 12 month target on the stock to $520 from $450 per share. The analyst also maintained the “Buy” rating on the stock.

Lightspeed Stock Analysis

Lightspeed Commerce Inc. (LSPD):

Analyst Target Price: As per the stock forecast from 10 analysts, the average target price for Lightspeed Commerce Inc. over the next 12 months is CAD 28.35. This consensus target price is an aggregate of individual price targets provided by financial analysts who closely monitor the company’s performance and market trends. Analysts use various valuation methods, industry assessments, and company fundamentals to arrive at their target prices. The consensus target serves as a benchmark, reflecting the analysts’ collective outlook on the stock’s future value.

Average Analyst Rating: Strong Buy: The average analyst rating for Lightspeed Commerce Inc. is classified as “Strong Buy.” This rating is typically based on a consensus of buy, outperform, or overweight recommendations from analysts. A “Strong Buy” rating indicates a high level of confidence among analysts that the stock is poised for strong performance. Analysts making such recommendations often believe that the company has robust growth potential or is undervalued relative to its peers.

Stock Target Advisor’s Analysis: Slightly Bearish: Stock Target Advisor provides its own analysis of Lightspeed Commerce Inc.’s stock, characterizing it as “Slightly Bearish.” This classification is derived from Stock Target Advisor’s proprietary algorithm, which considers various technical indicators, moving averages, and quantitative metrics. The “Slightly Bearish” rating suggests that, according to their analysis, there are slightly more negative signals than positive signals regarding the stock’s performance.

Recent Stock Performance: At the last closing, Lightspeed Commerce Inc.’s stock price was CAD 21.80. Over the past week, the stock has experienced a negative change of -2.81%, indicating short-term downward momentum. However, the stock has shown significant positive momentum over the past month, with a change of +24.57%. Looking at the one-year performance, the stock has experienced a marginal decrease of -1.22%. These figures provide insights into the recent trends and movements in Lightspeed Commerce Inc.’s stock price, offering a snapshot of its short-term and long-term performance.