LSPD
Lightspeed Commerce Inc.

Lightspeed Commerce Inc.LSPD

Technology · Software - Application
10.29USD
-1.53%
Nov 09, 2026
LSPD overview ready
Integrated Omnichannel POS and Payments Platform for SMBs
Direct operating-platform and payments provider to retail and hospitality SMBs and multi-location operators.
Theme not measured
Restaurant & Retail Commerce Tech has no leadership state this session.
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
Fair valuation
The price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably….
Solid fundamentals
Ev / sales is strong.
Primary risk
Competition from larger POS and payments providers.
Market Nov 6Price action Nov 8Research Oct 20

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction8.6BusinessPerformance—BusinessQuality—Valuation4.3ThemeMomentum—Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Restaurant & Retail Commerce Tech — Restaurant & Retail Commerce Tech is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Software, reads Weakening (+6.0pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of constructive pullback.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$1.4B
Avg Volume (60D)
810.0K
60 sessions
Revenue Growth YoY
+8.0%
Trailing twelve months
Gross Margin
+43.5%
Operating Margin
-6.1%
Trailing twelve months
Free Cash Flow Yield
-0.8%
Distance from 200DMA
+4.7%
Next Earnings
2027-02-04
EV / Sales
0.8x
Market metrics as of Nov 8, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
Lightspeed Commerce Inc. has a Fair valuation stance because the price broadly reflects how much growth and cash flow it delivers per turn of revenue multiple, with upside and risk reasonably balanced.

Company Research

Thesis
Direct operating-platform and payments provider to retail and hospitality SMBs and multi-location operators. Lightspeed has a real, direct exposure to the ongoing digitization and payments monetization of retail and hospitality merchants.
Opportunity
Moderate opportunity
Retail and hospitality operators consolidate in-store point of sale, e-commerce, payments, inventory, customer engagement and operating workflows onto unified cloud platforms, increasing software attachment and payments penetration.
Key risk
Competition from larger POS and payments providers.

Economic classification

Loading the economic classification…

Business & Markets

Technology · Software - Application
What they do

Lightspeed Commerce Inc. provides cloud-based software subscriptions and payment solutions that enable retailers, restaurants, and other businesses to manage operations, engage consumers, and grow through an integrated commerce platform.

How it earns

The company generates revenue primarily through subscription fees for its cloud-based software and transactional fees from payment processing.

Products & services
Cloud-based commerce platform
Payments solutions
Customers & end markets
Single and multi-location retailers
Restaurants
Golf course operators
Other SMBs
Market position

A direct operating-platform and payments provider positioned as a challenger focused on SMB and multi-location operators.

Demand drivers
Medium cyclicality

Demand is influenced by SMB retail and hospitality sector health, which can be sensitive to economic cycles.