Lightspeed Commerce Inc (NYSE:LSPD) price on Friday, May 02, fall -0.21% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $9.70.
A look at the stock’s price movement, the close in the last trading session was $9.72, moving within a range at $9.68 and $9.87. The beta value (5-Year monthly) was 2.985. Turning to its 52-week performance, $18.96 and $7.34 were the 52-week high and 52-week low respectively. Overall, LSPD moved 7.18% over the past month.
Lightspeed Commerce Inc’s market cap currently stands at around $1.48 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-05.
Analysts have a consensus estimate of 252.53M for the company’s revenue for the quarter, with a low and high estimate of 248.33M and 269.2M respectively. The average forecast suggests up to a 9.69% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.08B, representing a 18.29% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LSPD is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
10 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 6 analyst(s) rate the stock as a Hold, 4 recommend LSPD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LSPD’s current price about 4.30% and -5.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.08, while 7-day volatility ratio is 2.87% and 5.44% in the 30-day chart. Further, Lightspeed Commerce Inc (LSPD) has a beta value of 2.55, and an average true range (ATR) of 0.44. Analysts have given the company’s stock an average 52-week price target of $12.5, forecast between a low of $11 and high of $20. Looking at the price targets, the low is -13.4% off current price level while to achieve the yearly target high, price needs to move -106.19%. Nonetheless, investors will most likely welcome a -28.87% jump to $12.5 which is the analysts’ median price.
If we refocus on Lightspeed Commerce Inc (NYSE:LSPD), historical trading data shows that trading volumes averaged 1.12 over the past 10 days and 1.32 million over the past 3 months. The company’s latest data on shares outstanding shows there are 152.97 million shares.
The 9.93% of Lightspeed Commerce Inc’s shares are in the hands of company insiders while institutional holders own 62.96% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.05 million on 2025-04-15, giving us a short ratio of 3.91. The data shows that as of 2025-04-15 short interest in Lightspeed Commerce Inc (LSPD) stood at 458.0 of shares outstanding, with shares short falling to 6.46 million registered in 2025-03-14. Current price change has pushed the stock -36.31% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LSPD stock continues to rise going into the next quarter.
