CIBC Reaffirms Buy Rating on Lightspeed POS Inc with $30 Price Target

CIBC analyst Todd Coupland reaffirms a Buy rating on Lightspeed POS Inc with a price target of C$30.00. Coupland has an 8.6% average return and a 45.57% success rate on recommended stocks. Lightspeed reported Q1 revenue of C$253.42 million and a GAAP net loss of C$575.94 million. Corporate insider sentiment is negative with 38 insiders selling their shares.

Title: CIBC Analyst Reaffirms Buy Rating on Lightspeed POS Inc, Despite Q1 Losses

July 02, 2025

CIBC analyst Todd Coupland has reaffirmed his Buy rating on Lightspeed POS Inc (TSE:LSPD), setting a new price target of C$30.00. This decision comes following Lightspeed's Q1 2026 financial results, which revealed a significant increase in revenue but a substantial net loss. Despite the challenges, Coupland remains bullish on the company's growth prospects and strategic initiatives.

Lightspeed Commerce Inc. reported a 15% year-over-year revenue increase to C$304.9 million in its fiscal first quarter, surpassing analyst expectations. The company also saw a 19% rise in gross profit and a 21% growth in Gross Payment Volume (GPV). However, the company posted a net loss of C$575.94 million, primarily due to increased expenses related to growth initiatives and product development [2].

Key operational highlights included the addition of approximately 1,700 new customer locations and several product innovations aimed at enhancing inventory tracking, customer service, and sales insights. The company’s adjusted EBITDA improved, reflecting operational efficiency and strategic investments in growth [2].

Corporate insider sentiment, however, is negative, with 38 insiders selling their shares. This indicates a level of uncertainty or cautiousness among those with significant stakes in the company. Insider Director Dale Murray recently sold 1,886 shares, indicating a potential shift in sentiment [3].

Coupland's decision to maintain a Buy rating is driven by Lightspeed's strong revenue growth and market momentum, despite ongoing financial losses and valuation concerns. The analyst believes that the company's strategic initiatives and product innovations will drive future growth and profitability.

Lightspeed Commerce Inc. provides an omni-channel commerce-enabling SaaS platform, supporting ambitious retail and hospitality businesses across more than 100 countries. The company's platform offers functionality to engage with consumers, manage operations, accept payments, and grow businesses. Despite the challenges, Lightspeed's ability to adapt to market needs and innovate positions it favorably in the competitive e-commerce landscape [2].

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/LSPD-N/pressreleases/33810742/lightspeed-commerce-inc-reports-strong-first-quarter-2026-financial-results/
[2] https://www.marketbeat.com/instant-alerts/lightspeed-commerce-tselspd-stock-price-up-12-whats-next-2025-07-29/
[3] https://www.theglobeandmail.com/investing/markets/stocks/LSPD-N/pressreleases/33810742/lightspeed-commerce-inc-reports-strong-first-quarter-2026-financial-results/