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How to Buy Lightspeed Commerce Stock

Lightspeed Commerce Inc

Lightspeed POS Inc. provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators.

Lightspeed Commerce stock last closed at $14.89, down 1.52% from the previous day, and has increased 19.69% in one year. It has underperformed other stocks in the Software - Application industry by 0.16 percentage points. Lightspeed Commerce stock is currently +35.24% from its 52-week low of $11.01, and -31.41% from its 52-week high of $21.71.

As of Nov 1, 2024, there are 154.86M LSPD shares outstanding. The market cap of LSPD is $2.31B. In the last 24 hours, 893,778 LSPD shares were traded.

How to Buy Lightspeed Commerce Stock

Wondering how to invest in Lightspeed Commerce stock? Here's how.
  1. Choose where to buy Lightspeed Commerce stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Lightspeed Commerce stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Research Lightspeed Commerce stock: The Lightspeed Commerce ticker symbol is LSPD. Is Lightspeed Commerce stock a good investment? Should you buy shares of LSPD? How do LSPD's underlying business fundamentals look? Do top analysts think Lightspeed Commerce is a good buy? Why has LSPD's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if LSPD is a good stock to buy).
  5. Place your LSPD purchase: Decide if you will purchase LSPD shares at the current market price or use a limit order to purchase LSPD stock at a given price.
  6. Get updates on your investment in LSPD: Create a watchlist to keep tabs on your new investment in Lightspeed Commerce stock.

Step 1: Choose where to buy Lightspeed Commerce stock

You need an online brokerage account to access the NYSE market and buy LSPD stock.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you are able to invest in LSPD today.

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  2. Input your personal details to open a new trading account.
  1. Submit your application by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have finished signing up on apps for stocks, you need to deposit funds:

Watch the tutorial below for more details transferring funds into your brokerage account.

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Step 4: Research Lightspeed Commerce stock

Once you have decided on the best place to buy Lightspeed Commerce stock, it's very important to evaluate their stock prior to investing, so you truly comprehend the risk as well as the opportunity.

Lightspeed Commerce quick stats

LSPD Price
$14.89
1w %
0.74%
1y %
19.69%
5y %
N/A
P/E
-15.19x
P/B
0.98x
P/S
2.38x
PEG
N/A
Revenue
$966.28M
Earnings
-$150.27M
Fore. Rev. Growth
16.02%
Fore. Earn. Growth
N/A
Market Cap
$2.31B
Next Earnings
Nov 7, 2024
Next Dividend
N/A

Lightspeed Commerce Zen Score

WallStreetZen was created to help average investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on LSPD's stock page.

Is LSPD stock undervalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge LSPD's true value.

Using relative valuations metrics:

  • LSPD may be undervalued based on its P/B ratio of 0.98x, relative to Software - Application industry P/B ratio of 7.09x

You can do more valuation research on LSPD's stock here.

LSPD Financial Health

Positive Health Checks:

  • LSPD has cash burn of 104755000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the LSPD balance sheet.
  • LSPD has $673.95M in cash and short term investments. This is sufficient to cover its annual cash burn of $104.76M.
  • There are more short-term assets than short-term liabilities on the LSPD balance sheet.
  • LSPD has a low debt to equity ratio of 0.07.
  • LSPD profit margin has gone up from -132.9% to -15.6% in the past year.

Is Lightspeed Commerce stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 11 Equities analysts who track LSPD, the consensus analyst rating on Lightspeed Commerce is a Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Most Recent LSPD Analyst Ratings

Clarke Jeffries, a top 22% analyst from Piper Sandler maintains LSPD with a hold rating and lowers their LSPD price target from $17.00 to $15.00, on Aug 2, 2024.

Andrew Bauch, a top 25% analyst from Wells Fargo maintains LSPD with a hold rating and lowers their LSPD price target from $17.00 to $15.00, on Jul 31, 2024.

Timothy Chiodo, a top 25% analyst from UBS maintains LSPD with a hold rating and raises their LSPD price target from $17.00 to $18.00, on May 21, 2024.

Kevin Krishnaratne, a top 37% analyst from ScotiaBank maintains LSPD with a buy rating and raises their LSPD price target from $20.00 to $21.00, on May 17, 2024.

Koji Ikeda, a top 24% analyst from Bank of America maintains LSPD with a hold rating and raises their LSPD price target from $19.00 to $20.00, on May 17, 2024.

You can dive deeper into what analysts are projecting on the Lightspeed Commerce stock forecast page.

Metrics for Advanced LSPD Traders

SMA10
15.11
SMA20
15.5
SMA50
14.51
SMA100
13.98
SMA200
14.27
MACD
0.02
MACD Signal
0.18
MACD Histogram
-0.16
RSI
44.15
Stochastic %K
19.55
Stochastic %D
18.39
StochRSI %K
22.31
StochRSI %D
20.98

LSPD Performance Metrics

Last year, LSPD revenue was $966.28M. Over the last 4 year, LSPD's revenue has increased by 64.24% per year. This was faster than the Software - Application industry average of 28.28%.

Learn more about LSPD's earnings and revenue performance here.

Who is buying/selling LSPD?

Over the past year, insiders at LSPD have not bought or sold any shares.

Dig into more about who owns LSPD stock here.

Does LSPD stock generate passive income?

No, Lightspeed Commerce doesn't provide an income stream by paying out dividends.

Get opinions from other traders

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your LSPD purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.

Click the Open button and eToro will place your order.

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Step 6: Get updates on your investment in LSPD

Now that you own some LSPD shares, you'll want to keep up with your new stock purchase.

Add LSPD to a watchlist to track the latest developments regarding your LSPD stock.

LSPD Feed

How to Buy Stock in Lightspeed Commerce

To summarize, here are the 6 steps for buying Lightspeed Commerce stock:

  1. Choose where to buy Lightspeed Commerce stock
  2. Sign up for a brokerage account
  3. Deposit money your investment account
  4. Research Lightspeed Commerce stock
  5. Place your LSPD purchase
  6. Get updates on your investment in LSPD

If you require a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Lightspeed Commerce, hit the button below to create your watchlist.

NYSE: LSPD
$14.89-0.23 (-1.52%)
Updated Nov 1, 2024
Open eToro Account
NYSE: LSPD
$14.89-0.23 (-1.52%)
Updated Nov 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lightspeed Commerce share?

As of Nov 1, 2024, it costs $14.89 to buy one share of Lightspeed Commerce stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.47 shares of LSPD.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lightspeed Commerce stock?

According to 11 Wall Street analysts who monitor Lightspeed Commerce, their consensus recommendation is to buy Lightspeed Commerce stock.

What is the best way to buy Lightspeed Commerce stock?

One way to place an order for Lightspeed Commerce stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.