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Lightspeed POS Inc ( (TSE:LSPD) ) has issued an announcement.
Lightspeed Commerce Inc. has appointed Gabriel Benavides as Chief Revenue Officer to drive its strategy for sustained, profitable growth. Benavides, with over 20 years of experience in global revenue leadership, will focus on aligning sales, marketing, and partnerships to enhance the company’s market execution and revenue growth. This leadership change comes as Lightspeed aims to strengthen its go-to-market strategies and deepen customer relationships, following a period of strong financial performance. Additionally, President JD Saint-Martin will step down, marking a transition in leadership that underscores Lightspeed’s commitment to operational excellence and sustainable growth.
The most recent analyst rating on (TSE:LSPD) stock is a Buy with a C$16.00 price target. To see the full list of analyst forecasts on Lightspeed POS Inc stock, see the TSE:LSPD Stock Forecast page.
Spark’s Take on TSE:LSPD Stock
According to Spark, TipRanks’ AI Analyst, TSE:LSPD is a Neutral.
Lightspeed POS Inc’s overall score is driven by strong technical indicators and positive earnings call sentiment, despite challenges in profitability and valuation. The company’s strategic advancements and AI-driven growth provide a positive outlook, but financial performance and valuation concerns weigh on the score.
To see Spark’s full report on TSE:LSPD stock, click here.
More about Lightspeed POS Inc
Lightspeed Commerce Inc. is a leading POS and payments platform that supports ambitious retailers and restaurateurs in over 100 countries. The company provides a comprehensive suite of services including point of sale, ecommerce, embedded payments, inventory, reporting, and more, aimed at helping businesses grow efficiently and deliver exceptional customer experiences. Founded in Montréal, Canada in 2005, Lightspeed is listed on both the New York Stock Exchange and Toronto Stock Exchange.
Average Trading Volume: 530,439
Technical Sentiment Signal: Buy
Current Market Cap: C$2.42B
For detailed information about LSPD stock, go to TipRanks’ Stock Analysis page.