TSE:LSPD

Lightspeed Commerce Inc (LSPD.TO)

13.29
+0.44 (3.42%)
as of Jun 8, 2026, 4:15:24 pm Market Open.
578 watching
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Investor Insights
star iconJun 8, 2026, 12:00 am

This summary was created by AI, based on 7 opinions in the last 12 months.

Lightspeed Commerce Inc (LSPD-T) is currently experiencing significant challenges in a competitive software market. Analysts indicate volatility in its price, with various price targets, including a notably high $30.35 from one review, which contrasts sharply with the general sentiment pointing to a more conservative target of $18.05. The stock has witnessed breakdowns in support levels, with discussions of potential further declines to $17. Despite a history as a former 'darling' in the tech space, recent management changes and lack of positive momentum over consecutive quarters have raised concerns. Some experts see promise in its low valuation as it trades at about 2x sales, particularly when generating positive cash flow, but they stress caution as a turnaround has yet to be validated amidst rumors and restructuring efforts that have yet to yield visible improvements.

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Consensus
Cautious
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Valuation
Undervalued
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PARTIAL SELL
Despite their success and growth, would more inclined to sell than buy from a valuation basis. Move back to reopening of the economy could take away from these online plays. 20x revenues is quite high.
RISKY
Allan Tong’s Discover Picks Last week, Lightspeed announced an earnings surprise of 64%. Its quarterly loss was 9 cents per share compared to the expected 25-cent loss. LSPD stock is definitely one to play the dips when the markets dump tech stocks to buy reopening TSX stocks. However, LSPD is a reopening play, too, since many of its clients are restaurants. Like travel companies, restaurants will see a strong snapback of customers, starting with outdoor patio service this summer and indoor dining likely by autumn. Read 3 Enticing TSX Stocks: Banks, REITs and Tech for our full analysis.
BUY ON WEAKNESS

Announced great numbers yesterday. Business is doing very well and will continue to grow. In their space, it is about execution and M&A. They have been doing both well. The problem is valuation. When do you get in. It's trading at 16x 2022 versus Shopify at 25x. Both expensive. A good name to own although it does move around a lot. Buy when it is down like in the last couple weeks.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The quarter looked good and prospects and growth potentials are positive. Shares rose 15% on the news but it is still down 20% over the last 3 weeks. It would be fine to step in but it is rich at 17x sales. Patience and high risk tolerance is required. Unlock Premium - Try 5i Free

BUY

An interesting tech company. It had a great run and it has come off a little. It is almost an opposite of Shopify. Shopify has done amazingly during the pandemic. Lightspeed will be more of a beneficiary when stores open. Once they reopen, tech stocks are seeing some weakness but this could benefit.

PARTIAL BUY

A great business with impressive growth numbers that will continue to impress. Likes it. He would hold a few % in LSPD, but not 15% (15% for Enghouse, yes).

DON'T BUY
Has had a great run. It was put to the test in the last 6 weeks. Markets are less keen on paying for these high priced companies, especially when growth is not as scarce. Scores well on price momentum, but terribly for valuation and volatility. Negative ROE and no earnings. Debt is not a problem, but it is the willingness of the market to pay higher multiples that is the problem. Maybe it will grow into their valuation. In the mid-term there are better opportunities at more reasonable prices.
PAST TOP PICK
(A Top Pick Apr 27/20, Up 240%) Restaurants have used this technology to be more efficient. Continue to make acquisitions geographically and in different verticals.
DON'T BUY
It trades around 35x revenues and doesn't have earnings yet. He's a value investor and can't buy this, can't value it. It's raising money to buy companies. At some point, things will slow down. LSPD has gone up with a lot of momentum along with this tech sector. Rising bond yields have had an impact on these companies.
WATCH
He got stopped out. A recovery and consumer story and a tech play. Really likes it, but he'd like to see the stock do a bit more work. He has about a half market position in tech. Reward could be better in other groups.
HOLD
It does not actually meet his criteria, but this one is a special circumstance. The top line growth is breathtaking and is organic. They are not yet profitable, nor generating free cash flow. These high flying companies are off so much more than others. If we see a sharp correction in the short term this one will be hit down sharply.
HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no company specific news that would point to the decline recently. There has been a sector based sell-off in tech and growth stocks in general this week. Probably related to concerns over interest rates. Unlock Premium - Try 5i Free

BUY
They just did an offering to prepare for more growth. The stock is getting expensive. Expect a little volatility with tech names like this, but it's a higher grower. He would probably buy this. Well run and in the right industry.
BUY ON WEAKNESS

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. They are selling 7M shares to raise around $600M. Insiders also sold 1M shares. It likely has more deals planned which should go well considering recent results. 5i would be comfortable buying on dips. Unlock Premium - Try 5i Free

PAST TOP PICK
(A Top Pick Feb 13/20, Up 131%) Not for the feint of heart. For example, it plummetted in March during lockdown fears. But now, restaurants need to be more efficient, so they use LSPD's technology. He's sticking with it. It will have its ups and downs, and would add during pullbacks.
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