Investors might want to bet on Lightspeed Commerce Inc. (LSPD) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following ye ...

Core Insights - Lightspeed Commerce Inc. has announced a strategic partnership with Uber to integrate Uber Direct and Uber Eats into its platform, enhancing delivery options for hospitality merchants [1][2][3] - The partnership aims to address challenges in the restaurant industry, such as staffing issues and narrow revenue margins, by providing access to a robust delivery network and cost-saving solutions [3] Company Overview - Lightspeed is a one-stop commerce platform that empowers merchants to deliver exceptional omnichannel experiences, serving various sectors including retail and hospitality [6][8] - The company operates in over 100 countries and is dual-listed on the NYSE and TSX [8] Partnership Details - The integration allows Lightspeed merchants to list their menu on Uber Eats and take orders from their own branded websites, utilizing Uber Direct for delivery [7] - This partnership is expected to enhance customer satisfaction by meeting the growing demand for on-demand delivery, with 75% of consumers expecting express delivery options [3] Market Impact - The collaboration is positioned to help restaurants tap into new markets and reduce overhead costs associated with direct-to-consumer orders [2][3] - The integration is currently available to Lightspeed Restaurant customers in North America, with plans for expansion into additional markets [3]

Shares of Lightspeed Commerce Inc. (LSPD) have gained 8.1% over the past four weeks to close the last trading session at $14.61, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $18.75 indicates a potential upside of 28.3%. The mean estimate comprises 21 short-term price targets with a standard deviation of $3.04. While the lowest estimate of $13.51 indicates a 7.5% decline from ...

Core Viewpoint - Lightspeed Commerce Inc. (LSPD) has shown strong stock performance recently, with an 8.1% return over the past month, outperforming the S&P 500 composite's 7.3% and the Zacks Technology Services industry's 13.4% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for Lightspeed POS is projected at $0.05 per share, reflecting a significant increase of 600% year-over-year, with a recent change of 18.7% in the Zacks Consensus Estimate over the last 30 days [4] - For the current fiscal year, the consensus earnings estimate is $0.22, indicating a 37.5% increase from the previous year, with a 16.5% change in the last 30 days [4] - The next fiscal year's consensus earnings estimate is $0.34, showing a 52.7% increase year-over-year, with a 36% change over the past month [5] - The Zacks Rank for Lightspeed POS is 2 (Buy), indicating a positive outlook based on earnings estimate revisions [6] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $258.44 million, representing a year-over-year increase of 23.6% [9] - For the current fiscal year, the revenue estimate is $1.1 billion, indicating a 20.6% increase, while the next fiscal year's estimate is $1.34 billion, reflecting a 21.9% increase [9] Last Reported Results and Surprise History - In the last reported quarter, Lightspeed POS achieved revenues of $230.22 million, a 25% increase year-over-year, and an EPS of $0.06 compared to $0 a year ago [10] - The company exceeded the Zacks Consensus Estimate for revenues by 2.74% and had an EPS surprise of 20% [10] - Lightspeed POS has consistently beaten consensus EPS and revenue estimates over the last four quarters [11] Valuation - Lightspeed POS has a Zacks Value Style Score of D, indicating it is trading at a premium compared to its peers [15]

Lightspeed Commerce Inc. (LSPD) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings e ...

Group 1 - Lightspeed Commerce Inc. (LSPD) has recently reached a key level of support and overtook the 200-day moving average, indicating a long-term bullish trend [1] - LSPD shares have increased by 19.3% over the past four weeks, and the company holds a Zacks Rank 2 (Buy), suggesting potential for continued growth [2] - Positive earnings estimate revisions have been noted, with no estimates decreasing in the past two months and two estimates increasing, indicating a favorable outlook for the company [3] Group 2 - The 200-day simple moving average is a significant indicator for establishing market trends and serves as a support or resistance level for LSPD [2] - The combination of positive earnings estimate revisions and technical indicators positions LSPD as a stock to watch for potential gains in the near future [3]

Blanchard's quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for their customers' top needs. And against the current dynamic operating backdrop, businesses need to not just provide the best product or solution possible, but also to do it extremely efficiently. That's why PYMNTS CEO Karen Webster sat down with Dax Dasilva, CEO at point-of-sale (POS) system company Lightspeed, to di ...

Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on LSPD for more gains in the near future. Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend. Over the past four weeks, LSPD has gained 16.2%. The company is currently ranked a Zacks Rank #2 (Buy), another strong indication the stock could move even higher. Once inve ...

Group 1 - Lightspeed Commerce Inc. (LSPD) has recently reached a key level of support and overtaken the 50-day moving average, indicating a potential short-term bullish trend [1] - LSPD shares have increased by 16.2% over the past four weeks, and the company holds a Zacks Rank 2 (Buy), suggesting a likelihood of continued upward movement [2] - There have been positive earnings estimate revisions for LSPD, with one higher estimate compared to none lower for the current fiscal year, further supporting the bullish outlook [2] Group 2 - The combination of the technical indicator and positive earnings revisions makes LSPD a candidate for investors' watchlists [3]

Lightspeed Commerce Inc. (LSPD) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.08, delivering a surprise of 166.67%. Over the last four quarters, t ...