Lightspeed Commerce Inc T.LSPD

Alternate Symbol(s): LSPD

Technology Software - Application

Lightspeed Commerce Inc. provides a one-stop commerce platform, which helps merchants to simplify, scale, and provide customer experiences. The Company’s cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions, and connection to supplier networks. Its one-stop commerce platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. The Company's products include retail, e-commerce, restaurant and golf. It offers Point of Sale, Payments, eCommerce, Inventory Management, Advanced Marketing, Advanced Reporting, Scanner and others. It also provides POS software, iPad POS system, Cloud POS system and POS cash register. It provides cloud-based Point of Sale systems for retail stores and restaurants. It has customers globally in over 100 countries.

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Lightspeed Commerce Inc > Qtr to Qtr slow but steady, perfect for takeover

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Post by Deuteronomy818on Feb 10, 2024 9:56am

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Post# 35873678

Qtr to Qtr slow but steady, perfect for takeover

Truist Securities analyst Andrew Jeffrey maintained a Buy and raised the price target from $25 to $30.
- The analyst expected the FinTech industry to consolidate, making Lightspeed a potential acquisition target.
  - Lightspeed's leverage to normalize global consumer spend is significantly greater than its peers.
    
    May 2023 earnings also disappointed but the fact remains they are still afloat albeit moving slowly. I agree with this analyst if the price continues to weaken we could see an offer due to the global presense of this company. jmho