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Lightspeed price target raised to $17 from $15 at Piper Sandler
The Fly

Lightspeed price target raised to $17 from $15 at Piper Sandler

Piper Sandler analyst Clarke Jeffries raised the firm’s price target on Lightspeed (LSPD) to $17 from $15 and keeps a Neutral rating on the shares. Exiting Q2 2025, Lightspeed will be full steam ahead on re-pivoting back to software-centric selling, the firm notes. As such, the company expects the second half of the year subscription revenue to return to 8%-10% year-over-year growth, driven by expanding outbound sales, new software modules, select price increases to software, and returning the majority of account managers to software selling. With a pending strategic review, deal speculation is likely to overtake fundamentals for the time being and based on the company’s decision to cancel the upcoming Analyst Day – a catalyst in terms of new targets is unlikely to come soon, Piper adds.

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