(LSPD) Lightspeed Commerce - Overview
Exchange: NYSE •
Country: Canada •
Currency: USD •
Type: Common Stock •
ISIN: CA53229C1077
Stock: Cloud Platform, Pos Software, Payment Processing, E-Commerce, Hardware
Total Rating 28
Risk 69
Buy Signal -1.04
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 52.7% |
| Relative Tail Risk | -9.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.52 |
| Alpha | -55.41 |
| Character TTM | |
|---|---|
| Beta | 1.314 |
| Beta Downside | 1.187 |
| Drawdowns 3y | |
|---|---|
| Max DD | 62.75% |
| CAGR/Max DD | -0.29 |
Description: LSPD Lightspeed Commerce January 14, 2026
Lightspeed Commerce Inc. (NYSE:LSPD) provides cloud-based software subscriptions and payment solutions to single- and multi-location retailers, restaurants, golf courses, and other businesses. Its platform integrates omnichannel consumer experiences, back-office operations, and payment processing, offering POS, inventory, employee, loyalty, and analytics tools, plus hardware and implementation services. The company rebranded from Lightspeed POS in August 2021 and is headquartered in Montreal, Canada.
Key recent metrics: FY 2023 revenue reached roughly $1.1 billion, up about 15% year-over-year, driven largely by subscription-based ARR growth of 18% and a churn rate hovering near 5%. The acquisition of Vend in 2021 expanded its retail footprint in Europe, while the launch of Lightspeed Capital has added a financing-as-a-service line that now accounts for ~7% of total revenue. Sector-wide, the SMB shift toward cloud POS and integrated payments-accelerated by post-pandemic digitalization-continues to boost demand for end-to-end commerce platforms.
For a deeper, data-rich view of Lightspeed’s valuation and risk profile, the ValueRay platform offers a concise, research-ready snapshot.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: -685.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA 3.94 > 1.0 |
| NWC/Revenue: 45.21% < 20% (prev 72.61%; Δ -27.39% < -1%) |
| CFO/TA 0.02 > 3% & CFO 30.7m > Net Income -685.6m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 4.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (137.7m) vs 12m ago -10.30% < -2% |
| Gross Margin: 39.22% > 18% (prev 0.42%; Δ 3880 % > 0.5%) |
| Asset Turnover: 55.54% > 50% (prev 40.43%; Δ 15.11% > 0%) |
| Interest Coverage Ratio: -498.7 > 6 (EBITDA TTM -553.3m / Interest Expense TTM 1.36m) |
Altman Z'' 3.30
| A: 0.31 (Total Current Assets 674.2m - Total Current Liabilities 148.6m) / Total Assets 1.68b |
| B: -1.54 (Retained Earnings -2.58b / Total Assets 1.68b) |
| C: -0.32 (EBIT TTM -676.7m / Avg Total Assets 2.09b) |
| D: 8.03 (Book Value of Equity 1.30b / Total Liabilities 162.5m) |
| Altman-Z'' Score: 3.30 = A |
Beneish M -2.50
| DSRI: 2.03 (Receivables 151.6m/65.0m, Revenue 1.16b/1.01b) |
| GMI: 1.07 (GM 39.22% / 41.82%) |
| AQI: 0.91 (AQ_t 0.58 / AQ_t-1 0.63) |
| SGI: 1.15 (Revenue 1.16b / 1.01b) |
| TATA: -0.43 (NI -685.6m - CFO 30.7m) / TA 1.68b) |
| Beneish M-Score: -2.50 (Cap -4..+1) = A |
What is the price of LSPD shares?
As of February 08, 2026, the stock is trading at USD 9.26 with a total of 1,934,079 shares traded.
Over the past week, the price has changed by -14.26%, over one month by -23.72%, over three months by -31.10% and over the past year by -26.51%.
Over the past week, the price has changed by -14.26%, over one month by -23.72%, over three months by -31.10% and over the past year by -26.51%.
Is LSPD a buy, sell or hold?
Lightspeed Commerce has received a consensus analysts rating of 3.55.
Therefor, it is recommend to hold LSPD.
- StrongBuy: 4
- Buy: 4
- Hold: 11
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the LSPD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 14.4 | 55.1% |
| Analysts Target Price | 14.4 | 55.1% |
| ValueRay Target Price | 8 | -13.8% |
LSPD Fundamental Data Overview February 03, 2026
P/E Forward = 16.2866
P/S = 1.2688
P/B = 0.991
Revenue TTM = 1.16b USD
EBIT TTM = -676.7m USD
EBITDA TTM = -553.3m USD
Long Term Debt = 17.5m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 5.65m USD (from shortTermDebt, last quarter)
Debt = 17.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -446.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.02b USD (1.47b + Debt 17.5m - CCE 463.6m)
Interest Coverage Ratio = -498.7 (Ebit TTM -676.7m / Interest Expense TTM 1.36m)
EV/FCF = 286.0x (Enterprise Value 1.02b / FCF TTM 3.58m)
FCF Yield = 0.35% (FCF TTM 3.58m / Enterprise Value 1.02b)
FCF Margin = 0.31% (FCF TTM 3.58m / Revenue TTM 1.16b)
Net Margin = -58.98% (Net Income TTM -685.6m / Revenue TTM 1.16b)
Gross Margin = 39.22% ((Revenue TTM 1.16b - Cost of Revenue TTM 706.5m) / Revenue TTM)
Gross Margin QoQ = 42.38% (prev 30.03%)
Tobins Q-Ratio = 0.61 (Enterprise Value 1.02b / Total Assets 1.68b)
Interest Expense / Debt = 1.85% (Interest Expense 324.0k / Debt 17.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -534.6m (EBIT -676.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.54 (Total Current Assets 674.2m / Total Current Liabilities 148.6m)
Debt / Equity = 0.01 (Debt 17.5m / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 0.81 (negative EBITDA) (Net Debt -446.2m / EBITDA -553.3m)
Debt / FCF = -124.8 (out of range, set to none) (Net Debt -446.2m / FCF TTM 3.58m)
Total Stockholder Equity = 1.76b (last 4 quarters mean from totalStockholderEquity)
RoA = -32.76% (Net Income -685.6m / Total Assets 1.68b)
RoE = -38.99% (Net Income TTM -685.6m / Total Stockholder Equity 1.76b)
RoCE = -38.10% (EBIT -676.7m / Capital Employed (Equity 1.76b + L.T.Debt 17.5m))
RoIC = -30.39% (negative operating profit) (NOPAT -534.6m / Invested Capital 1.76b)
WACC = 10.65% (E(1.47b)/V(1.49b) * Re(10.76%) + D(17.5m)/V(1.49b) * Rd(1.85%) * (1-Tc(0.21)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -5.49%
[DCF Debug] Terminal Value 65.70% ; FCFF base≈3.58m ; Y1≈3.04m ; Y5≈2.33m
Fair Price DCF = 3.49 (EV 28.4m - Net Debt -446.2m = Equity 474.6m / Shares 136.0m; r=10.65% [WACC]; 5y FCF grow -18.09% → 2.90% )
EPS Correlation: 39.12 | EPS CAGR: 0.75% | SUE: -4.0 | # QB: 0
Revenue Correlation: 97.08 | Revenue CAGR: 21.71% | SUE: 1.31 | # QB: 2
EPS next Year (2027-03-31): EPS=0.70 | Chg30d=-0.001 | Revisions Net=-1 | Growth EPS=+44.1% | Growth Revenue=+11.8%
P/S = 1.2688
P/B = 0.991
Revenue TTM = 1.16b USD
EBIT TTM = -676.7m USD
EBITDA TTM = -553.3m USD
Long Term Debt = 17.5m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 5.65m USD (from shortTermDebt, last quarter)
Debt = 17.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -446.2m USD (from netDebt column, last quarter)
Enterprise Value = 1.02b USD (1.47b + Debt 17.5m - CCE 463.6m)
Interest Coverage Ratio = -498.7 (Ebit TTM -676.7m / Interest Expense TTM 1.36m)
EV/FCF = 286.0x (Enterprise Value 1.02b / FCF TTM 3.58m)
FCF Yield = 0.35% (FCF TTM 3.58m / Enterprise Value 1.02b)
FCF Margin = 0.31% (FCF TTM 3.58m / Revenue TTM 1.16b)
Net Margin = -58.98% (Net Income TTM -685.6m / Revenue TTM 1.16b)
Gross Margin = 39.22% ((Revenue TTM 1.16b - Cost of Revenue TTM 706.5m) / Revenue TTM)
Gross Margin QoQ = 42.38% (prev 30.03%)
Tobins Q-Ratio = 0.61 (Enterprise Value 1.02b / Total Assets 1.68b)
Interest Expense / Debt = 1.85% (Interest Expense 324.0k / Debt 17.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -534.6m (EBIT -676.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.54 (Total Current Assets 674.2m / Total Current Liabilities 148.6m)
Debt / Equity = 0.01 (Debt 17.5m / totalStockholderEquity, last quarter 1.52b)
Debt / EBITDA = 0.81 (negative EBITDA) (Net Debt -446.2m / EBITDA -553.3m)
Debt / FCF = -124.8 (out of range, set to none) (Net Debt -446.2m / FCF TTM 3.58m)
Total Stockholder Equity = 1.76b (last 4 quarters mean from totalStockholderEquity)
RoA = -32.76% (Net Income -685.6m / Total Assets 1.68b)
RoE = -38.99% (Net Income TTM -685.6m / Total Stockholder Equity 1.76b)
RoCE = -38.10% (EBIT -676.7m / Capital Employed (Equity 1.76b + L.T.Debt 17.5m))
RoIC = -30.39% (negative operating profit) (NOPAT -534.6m / Invested Capital 1.76b)
WACC = 10.65% (E(1.47b)/V(1.49b) * Re(10.76%) + D(17.5m)/V(1.49b) * Rd(1.85%) * (1-Tc(0.21)))
Discount Rate = 10.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -5.49%
[DCF Debug] Terminal Value 65.70% ; FCFF base≈3.58m ; Y1≈3.04m ; Y5≈2.33m
Fair Price DCF = 3.49 (EV 28.4m - Net Debt -446.2m = Equity 474.6m / Shares 136.0m; r=10.65% [WACC]; 5y FCF grow -18.09% → 2.90% )
EPS Correlation: 39.12 | EPS CAGR: 0.75% | SUE: -4.0 | # QB: 0
Revenue Correlation: 97.08 | Revenue CAGR: 21.71% | SUE: 1.31 | # QB: 2
EPS next Year (2027-03-31): EPS=0.70 | Chg30d=-0.001 | Revisions Net=-1 | Growth EPS=+44.1% | Growth Revenue=+11.8%