Lightspeed POS (LSPD) Soars 12.9%: Is Further Upside Left in the Stock?

Company Overview - Lightspeed Commerce Inc. (LSPD) shares increased by 12.9% to close at $15.68, supported by strong trading volume, significantly higher than normal [1] - The stock has gained 6.2% over the past four weeks, indicating positive momentum [1] Earnings Expectations - The company is projected to report quarterly earnings of $0.10 per share, reflecting a year-over-year increase of 150% [2] - Expected revenues for the upcoming quarter are $274.03 million, which is a 19% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Lightspeed POS has remained stable over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [3] Industry Comparison - Lightspeed POS is part of the Zacks Technology Services industry, where another company, Confluent (CFLT), has a consensus EPS estimate of $0.05, also reflecting a year-over-year change of 150% [4] - Confluent holds a Zacks Rank of 3 (Hold), indicating a more cautious outlook compared to Lightspeed [4]