LSPD’s average price target of $38.12 reflects upside potential of 95.7% from current levels.
On TipRanks, the stock has a Strong Buy consensus rating based on 12 Buys, one Hold, and one Sell. The Chief Growth Officer for OpenTable, Susan Lee, said, “Our integration partnership with Lightspeed gives restaurants even more tools to help provide exceptional hospitality while protecting their bottom line.”įurther, with the launch of Lightspeed Payments for Golf, Lightspeed has extended its payments technology to the golf industry.ĭavid Hope, General Manager, Golf, said, “Lightspeed Payments will help our customers streamline their online and physical revenue centers under one integrated payments technology while offering built-in reporting and administrative tools right in their POS.” Lightspeed Commands a Strong Buy Rating The systems integration will help restaurants to understand diner spending and behavior better, track revenue as well as get table status updates in real-time, and generate bills automatically. Online restaurant reservations platform OpenTable is owned by travel tech firm Booking Holdings ( NASDAQ: BKNG). Recently, Lightspeed and OpenTable expanded their systems integration agreement. Thereafter, the share price of Lightspeed began falling and hit its lowest point of $15.03 on May 12, 2022.
listing, the stock started rising and reached an all-time high of $130.02 on September 22, 2021. It was listed on the NYSE on September 11, 2020, at almost $400 million, after making its debut on the Toronto Stock Exchange in March 2019.Īfter the U.S. The company has a dual listing on the Toronto Stock Exchange and New York Stock Exchange. Lightspeed has offices in New York, Ghent, Amsterdam, Ottawa, Toronto, and Montreal. These moves make sense for the company that provides a point-of-sale and E-commerce platform to hospitality, retail, and restaurant businesses. ( NYSE: LSPD) ( TSE: LSPD) has been launching new products, and signing new and expanding existing partnerships. In its endeavor to make significant strides and embrace growth, Canada-based Lightspeed POS Inc.
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