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Investing.com - RBC Capital maintained its Outperform rating and $15.00 price target on Lightspeed POS Inc. (NYSE:LSPD) following investor meetings with the company’s CEO and Head of Investor Relations. According to InvestingPro data, the stock appears undervalued at its current price of $12.37, with analyst targets ranging from $11 to $16.
The investment firm highlighted several positive developments at Lightspeed, including early proof-points in the company’s transformation efforts. RBC noted accelerating location growth of approximately 5% year-over-year in Lightspeed’s growth engine markets during the first quarter of fiscal year 2026. This growth complements the company’s impressive 15.46% revenue increase over the last twelve months, as reported by InvestingPro.
RBC Capital also pointed to strength in Lightspeed’s go-to-market strategy, as the company increases its targeted sales force to approximately 150 representatives. This expansion has resulted in a doubling of outbound bookings compared to the previous year.
The firm expressed confidence in Lightspeed’s ability to maintain durable Software-as-a-Service (SaaS) revenue growth and Average Revenue Per User (ARPU) increases. These improvements are expected to come from new location additions, price increases, and the introduction of additional software modules.
Lightspeed POS Inc. provides cloud-based commerce platforms to retailers and restaurateurs, offering point-of-sale systems, payments solutions, and business management tools.
In other recent news, Lightspeed POS Inc. reported its Q1 2025 earnings, showing a mixed financial performance. The company fell short of its earnings per share (EPS) forecast, reporting $0.06 compared to the expected $0.13, marking a 53.85% shortfall. However, Lightspeed’s revenue surpassed expectations, coming in at $304.9 million against a projected $287.22 million, a positive variance of 6.16%. These figures reflect recent developments in Lightspeed’s financial landscape. While the earnings per share did not meet analyst projections, the revenue beat suggests a stronger-than-anticipated top-line performance. The market’s reaction was cautiously optimistic following the announcement.
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