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Do Analysts Agree Thursday on Lightspeed Commerce Inc (LSPD) Stock's Target Price?

Thursday, May 26, 2022 01:42 PM | InvestorsObserver Analysts
Do Analysts Agree Thursday on Lightspeed Commerce Inc (LSPD) Stock's Target Price?

Wall Street is positive on Lightspeed Commerce Inc (LSPD). On average, analysts give LSPD a Strong Buy rating. The average price target is $47.115, which means analysts expect the stock to add by 88.91% over the next twelve months. That average ranking earns LSPD an Analyst Rating of 45, which is better than 45% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.3
Wall Street analysts are rating LSPD a Strong Buy today. Find out what this means to you and get the rest of the rankings on LSPD!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Lightspeed Commerce Inc Stock Today?

Lightspeed Commerce Inc (LSPD) stock is trading at $24.94 as of 1:36 PM on Thursday, May 26, an increase of $2.48, or 11.07% from the previous closing price of $22.45. The stock has traded between $22.04 and $25.00 so far today. Volume today is 993,043 compared to average volume of 1,321,125. Click Here to get the full Stock Report for Lightspeed Commerce Inc stock.

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