Lightspeed selling off on ‘show-me’ aspects, says BTIG

BTIG maintains a Buy rating on Lightspeed (LSPD) with a $14 price target following the fiscal Q4 report. The results were in-line and the fiscal 2026 sales guidance was above Street estimates, but the stock is trading down 7% this morning, the analyst tells investors in a research note. The firm thinks the selloff is mainly driven by the “show-me” aspects of Lightspeed right now. The company’s sales team investments are half done and its fiscal 2027 and 2028 growth needs to accelerate to reach management’s medium-term growth targets, BTIG says. The firm believes the stock’s risk/reward skews positive.