In a recent move, Morgan Stanley has revised its price target for Lightspeed (LSPD, Financial) shares down to $12 from the previous $14. This adjustment comes as part of the firm's broader assessment of software companies amidst ongoing tariff risk uncertainties. The Equal Weight rating on Lightspeed's stock remains unchanged, reflecting a balanced view of potential risks and rewards.
This recalibration of the price target highlights Morgan Stanley's strategic evaluation of market volatility, particularly in how tariff risks are factored into current share valuations. The reassessment signals a cautious approach in anticipation of economic shifts impacting the software sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for Lightspeed Commerce Inc (LSPD, Financial) is $14.93 with a high estimate of $20.53 and a low estimate of $11.00. The average target implies an upside of 60.89% from the current price of $9.28. More detailed estimate data can be found on the Lightspeed Commerce Inc (LSPD) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Lightspeed Commerce Inc's (LSPD, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lightspeed Commerce Inc (LSPD, Financial) in one year is $24.51, suggesting a upside of 164.12% from the current price of $9.28. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lightspeed Commerce Inc (LSPD) Summary page.
