Lightspeed (LSPD) Soars 2.76% on Second Day of Gains

Lightspeed (LSPD) shares surged 2.76% today, marking the second consecutive day of gains, with a total increase of 8.56% over the past two days. The stock price reached its highest level since March 2025, with an intraday gain of 3.05%.

The strategy of buying Lightspeed Commerce Inc. (LSPD) shares after they reached a recent high and holding for 1 week yielded strong results over the past 5 years. The backtest data showed a significant outperformance compared to the broader market, with LSPD gaining 350% versus the 135% of the broader market. This demonstrates the effectiveness of this strategy in capturing the subsequent downward corrections and generating substantial returns.

Morgan Stanley recently adjusted its target price for Lightspeed Commerce, reducing it from $14.00 to $12.00 and maintaining an "equal weight" rating. This adjustment could influence investor sentiment and potentially impact the stock price.

JP Morgan downgraded Lightspeed Commerce on April 14, 2025. This downgrade may have negatively affected investor confidence and the stock's valuation. Despite recent gains, there is an expectation for the stock to potentially fall by 29.88% over the next three months. Positive signals from short and long-term moving averages suggest a hold or accumulate position, but high volatility and risk are anticipated.