Lightspeed Commerce (LSPD)

• Market cap: $2.39B
• 1 day: 3.35%
• 5 days: 0.83%
• 1 month: -8.06%
• 3 months: -3.55%
• 6 months: 14.64%
• Year to date: -19.12%
• 1 year: -19.12%
• 5 years: -47.97%
• 10 years: -47.97%

About: Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their businesses. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia, Germany, and other countries. It derives a majority of its revenue from the United States.

Employees: 3,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

22% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 23

17% more call options, than puts

Call options by funds: $27.2M | Put options by funds: $23.3M

15% more capital invested

Capital invested by funds: $1.21B [Q2] → $1.39B (+$181M) [Q3]

4% more funds holding

Funds holding: 121 [Q2] → 126 (+5) [Q3]

2.0% less ownership

Funds ownership: 57.31% [Q2] → 55.32% (-2.0%) [Q3]

22% less repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 45

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $17 8% upside
• Avg. target: $19 21% upside
• High target: $21 33% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Piper Sandler Clarke Jeffries 58% 1-year accuracy 29 / 50 met price target	8% upside $17	Neutral Maintained	11 Nov 2024
Benchmark Mark Palmer 80% 1-year accuracy 67 / 84 met price target	33% upside $21	Buy Maintained	8 Nov 2024