
TSE:LSPD
This summary was created by AI, based on 7 opinions in the last 12 months.
Lightspeed Commerce Inc. (LSPD-T) is currently perceived as a struggling player in the competitive software space, with significant volatility and mixed sentiment among analysts. While its recent performance has been challenging, particularly following management changes that have affected morale, some experts remain hopeful due to its generation of free cash flow and potential for corporate restructuring. Despite the optimism, the stock's chart does not provide much reason for immediate confidence and it has recorded a notable decline of around 80% from its peak, indicating a cautionary approach is advisable. Analysts have contrasting views on its future, suggesting it might reach as low as $17 before potentially recovering, leading to a debate on when exactly to invest for a turnaround.
Careful with analysts price targets when a stock is soaring up and up, like LSPD. The valuation is rich with all money-losing tech companies, like Uber. LSPD is likely doing better, but has a very high valuation. This will be very volatile--careful. This is a solid company, but too expensive for him.
He bought the IPO and held it to $30. Loves the managers and the story idea. It now trades at a big multiple, too big for him. It's a great Canadian story. They will do well. On the same trajectory as Shopify.
Excellent up and coming Montreal tech company, generally in Shopify's space. Very well-run and growing at 50%, up 200% since the IPO. But: they aren't making money yet and the valuation is pricey. It's overpriced, but he feels this company is going places.
Will be a similar story to Shopify. Will have big swings around earnings and if there is a missing. Would wait for a pullback. One of the top performing stocks in the market this year. (Analysts’ price target is $49.43)
Up 100% since IPO 3 months ago. A new Shopify? He's a value manager and LSPD doesn't fit that. True, there are similarities to Shopify, though more towards retail and restaurants. They're marrying their restuarnts to the payments side. If you look at the payments space, then the valuations of all of them have surged a lot because people Will LSPD also surge like Shopify? Maybe, but beware of volatility.
They are focused on retail and restaurant sector. A great example of a Canadian growth company that does not get enough interest. One of the highest growth companies on the TSX. A good software company with high recurring revenues. Cheaper than Shopify. Yield 0% (Analysts’ price target is $29.20)