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Lightspeed price target lowered to $12 from $15 at Stifel

Stifel analyst Suthan Sukumar lowered the firm’s price target on Lightspeed (LSPD) to $12 from $15 and keeps a Hold rating on the shares. After having attended Lightspeed’s capital markets day, the firm’s “primary takeaway” was Lightspeed’s focus on innovation was more elevated than expected, which the firm views “positively.” However, a muted financial outlook with persisting macro-related softness into FY26 tempers the firm’s expectations around near-term progress and it revised its estimates lower, the analyst noted.

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