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Lightspeed POS Inc ( (TSE:LSPD) ) has provided an update.
Lightspeed Commerce Inc. announced that all items of business presented at its annual shareholders meeting were approved, including the election of directors, appointment of auditors, and an advisory vote on executive compensation. The approval of these items reflects strong shareholder support and may positively impact the company’s governance and operational strategies.
The most recent analyst rating on (TSE:LSPD) stock is a Buy with a C$23.00 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 point of sale and payments platform that supports retail, golf, and hospitality businesses in over 100 countries. Founded in Montréal, Canada in 2005, Lightspeed offers omnichannel technology that integrates point of sale, ecommerce, payments, inventory, and more, helping businesses enhance growth and customer experience. The company is listed on the New York Stock Exchange and Toronto Stock Exchange.
Average Trading Volume: 526,477
Technical Sentiment Signal: Sell
Current Market Cap: C$2.37B
For detailed information about LSPD stock, go to TipRanks’ Stock Analysis page.