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The latest update is out from Lightspeed POS Inc ( (TSE:LSPD) ).
Lightspeed Commerce Inc. reported a strong start to the fiscal year with a 15% year-over-year revenue increase to $304.9 million, surpassing expectations. The company also saw a 19% rise in gross profit and a 21% growth in Gross Payment Volume (GPV). Key operational highlights include the addition of approximately 1,700 new customer locations and several product innovations aimed at enhancing inventory tracking, customer service, and sales insights. Despite a net loss, the company’s adjusted EBITDA improved, reflecting operational efficiency and strategic investments in growth.
The most recent analyst rating on (TSE:LSPD) stock is a Buy with a C$29.00 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’s stock score is driven by its strong revenue growth and market momentum, but offset by ongoing financial losses and valuation concerns. The positive outlook from the earnings call and strategic initiatives are notable strengths, yet the financial performance remains a critical risk.
To see Spark’s full report on TSE:LSPD stock, click here.
More about Lightspeed POS Inc
Lightspeed Commerce Inc. is a unified omnichannel platform that supports ambitious retail and hospitality businesses across more than 100 countries.
Average Trading Volume: 512,661
Technical Sentiment Signal: Sell
Current Market Cap: C$2.52B
See more insights into LSPD stock on TipRanks’ Stock Analysis page.