LSPD Stock Analysis: Lightspeed Commerce | NYSE
Software - Application | NYSE, USA | Market Cap: 1.352m USD | 12M Return: -12.5% | CA53229C1077 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 8.24M
Qual. Beats: 0
Rev. Trend: 98.7%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Lightspeed Commerce Inc. is a Montreal-based provider of cloud-based commerce software and payment solutions, primarily serving small and medium-sized retailers, restaurants, and golf course operators. The company sells a unified platform that combines point of sale (POS), inventory and employee management, eCommerce, order management, loyalty, and analytics, alongside its proprietary Lightspeed Payments and Lightspeed Capital financial products. It also generates ancillary revenue through the resale of compatible hardware (tablets, receipt printers, scanners, payment terminals) and related installation services.
Lightspeed operates under a software-as-a-service (SaaS) business model, generating recurring subscription revenue from its commerce platform in addition to transaction-based fees from its integrated payments processing offering. The company was incorporated in 2005, originally operated as Lightspeed POS Inc., and rebranded to its current name in August 2021 to reflect its broader commerce capabilities beyond the point of sale.
- Restaurant segment recovery drives transaction-based payments revenue
- Toast competition intensifies pressure on mid-market POS pricing
- Operating leverage targets adjusted EBITDA profitability amid cost cuts
| Net Income: -97.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 4.61 > 1.0 |
| NWC/Revenue: 35.80% < 20% (prev 48.24%; Δ -12.44% < -1%) |
| CFO/TA 0.05 > 3% & CFO 85.8m > Net Income -97.3m |
| Net Debt (-353.3m) to EBITDA (14.8m): -23.85 < 3 |
| Current Ratio: 3.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (138.2m) vs 12m ago -1.86% < -2% |
| Gross Margin: 43.09% > 18% (prev 42.22%; Δ 0.87% > 0.5%) |
| Asset Turnover: 75.81% > 50% (prev 65.76%; Δ 10.06% > 0%) |
| Interest Coverage Ratio: -81.26 > 6 (EBIT TTM -106.9m / Interest Expense TTM 1.32m) |
| A: 0.28 (Total Current Assets 627.9m - Total Current Liabilities 182.3m) / Total Assets 1.59b |
| B: -1.56 (Retained Earnings -2.48b / Total Assets 1.59b) |
| C: -0.07 (EBIT TTM -106.9m / Avg Total Assets 1.64b) |
| D: 6.97 (Book Value of Equity 1.39b / Total Liabilities 199.2m) |
| Altman-Z'' = 3.62 = AA |
| DSRI: 0.90 (Receivables 71.9m/72.0m, Revenue 1.24b/1.12b) |
| GMI: 0.98 (GM 42.22% / 43.09%) |
| AQI: 1.01 (AQ_t 0.58 / AQ_t-1 0.58) |
| SGI: 1.12 (Revenue 1.24b / 1.12b) |
| TATA: -0.12 (NI -97.3m - CFO 85.8m) / TA 1.59b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of August 16, 2026, the stock is trading at USD 10.67 with a total of 442,347 shares traded. Over the past week, the price has changed by +2.01%, over one month by +3.69%, over three months by +21.11% and over the past year by -12.47%.
Current recommended Stop Loss: 9.60 (which is 10% or 2.7 ATR below the current price).
Lightspeed Commerce has received a consensus analysts rating of 3.55. Therefore, it is recommended to hold LSPD.
- StrongBuy: 4
- Buy: 4
- Hold: 11
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10.7 | -0.2% |
P/E Forward = 16.835
P/S = 1.0865
P/B = 0.9732
Revenue TTM = 1.24b USD
EBIT TTM = -106.9m USD
EBITDA TTM = 14.8m USD
Long Term Debt = 14.6m USD (estimated: total debt 19.9m - short term 5.29m)
Short Term Debt = 5.29m USD (from shortTermDebt, last quarter)
Debt = 19.9m USD (from shortLongTermDebtTotal, last quarter) (leases 19.9m already included)
Net Debt = -353.3m USD (calculated: Debt 19.9m - CCE 373.2m)
Enterprise Value = 999.2m USD (1.35b + Debt 19.9m - CCE 373.2m)
Interest Coverage Ratio = -81.26 (Ebit TTM -106.9m / Interest Expense TTM 1.32m)
EV/FCF = 26.19x (Enterprise Value 999.2m / FCF TTM 38.2m)
FCF Yield = 3.82% (FCF TTM 38.2m / Enterprise Value 999.2m)
FCF Margin = 3.06% (FCF TTM 38.2m / Revenue TTM 1.24b)
Net Margin = -7.81% (Net Income TTM -97.3m / Revenue TTM 1.24b)
Gross Margin = 43.09% ((Revenue TTM 1.24b - Cost of Revenue TTM 708.4m) / Revenue TTM)
Gross Margin QoQ = 42.94% (prev 44.40%)
Tobins Q-Ratio = 0.63 (Enterprise Value 999.2m / Total Assets 1.59b)
Interest Expense / Debt = 6.60% (Interest Expense 1.32m / Debt 19.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -84.4m (EBIT -106.9m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.44 (Total Current Assets 627.9m / Total Current Liabilities 182.3m)
Debt / Equity = 0.01 (Debt 19.9m / totalStockholderEquity, last quarter 1.39b)
Debt / EBITDA = -23.85 (Net Debt -353.3m / EBITDA 14.8m)
Debt / FCF = -9.26 (Net Debt -353.3m / FCF TTM 38.2m)
Total Stockholder Equity = 1.47b (last 4 quarters mean from totalStockholderEquity)
RoA = -5.92% (Net Income -97.3m / Total Assets 1.59b)
RoE = -6.60% (Net Income TTM -97.3m / Total Stockholder Equity 1.47b)
RoCE = -7.18% (EBIT -106.9m / Capital Employed (Equity 1.47b + L.T.Debt 14.6m))
RoIC = -6.26% (negative operating profit) (NOPAT -84.4m / Invested Capital 1.35b)
WACC = 10.07% (E(1.35b)/V(1.37b) * Re(10.14%) + D(19.9m)/V(1.37b) * Rd(6.60%) * (1-Tc(0.21)))
Discount Rate = 10.14% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -90.53 | Cagr: -4.93%
[DCF] Terminal Value 69.65% ; FCFF base≈38.2m ; Y1≈38.3m ; Y5≈40.6m
[DCF] Fair Price = 6.51 (EV 488.4m - Net Debt -353.3m = Equity 841.7m / Shares 129.3m; r=10.07% [WACC]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: 98.72 | Revenue CAGR: 16.56% | SUE: 1.89 | # QB: 2
EPS current Quarter (2026-09-30): EPS=0.17 | Chg30d=+5.06% | Revisions=-25% | Analysts=12
EPS next Quarter (2026-12-31): EPS=0.18 | Chg30d=-1.49% | Revisions=-25% | Analysts=11
EPS current Year (2027-03-31): EPS=0.62 | Chg30d=+0.81% | Revisions=-40% | GrowthEPS=+40.9% | GrowthRev=+2.9%
EPS next Year (2028-03-31): EPS=0.92 | Chg30d=-0.17% | Revisions=+25% | GrowthEPS=+48.0% | GrowthRev=+12.5%
[Analyst] Revisions Ratio: -38% (up=1, down=4)