
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.
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.
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
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.
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
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