Shopify is a better buy today. It offers a better risk versus reward scenario than Lightspeed and is likely to continue to produce market-beating returns for years to come.
Correspondingly, is Lightspeed The new Shopify? Lightspeed POS (TSX:LSPD)(NYSE:LSPD) is a Canadian tech stock with a $16 billion market cap. Often referred to as the “next Shopify,” it does have many similarities to Canada’s e-commerce juggernaut. Like Shopify, it is involved in payments and e-commerce. Also like Shopify, it had an IPO a few years ago.
Considering this, is Lightspeed commerce a buy? Lightspeed is diversifying its geographical footprint, and it has the potential to become an e-commerce giant comparable to the biggest names in the industry. The significant downturn in its valuation over the last several months makes it an attractive high-growth play to consider.
Moreover, should you buy Lightspeed stock? If you have been searching for undervalued stocks that you could use to capture significant near-term profits, Lightspeed stock might be an ideal investment to consider.
Also know, who are Lightspeed competitors?
- Square Point of Sale. by Square.
- Shopify. by Shopify.
- Shopify POS. by Shopify.
- Clover. by Fiserv.
- Revel Systems.
- Vend.
- Quickbooks Point of Sale.
- Quickbooks Online.
Table of Contents
Is Lightspeed a Shopify competitor?
In short, Shopify offers far more in the way of design customization than Lightspeed but not as much as competitors like Squarespace. Shopify generally empowers you to customize all the basics to ensure brand consistency and professionalism.
What is the next Shopify?
Lightspeed POS (TSX:LSPD)(NYSE:LSPD) is a Canadian tech stock with a $16 billion market cap. Often referred to as the “next Shopify,” it does have many similarities to Canada’s e-commerce juggernaut. Like Shopify, it is involved in payments and e-commerce. Also like Shopify, it had an IPO a few years ago.
What does Lightspeed Commerce do?
Lightspeed Commerce Inc. provides cloud based point of sale (POS) systems. The Company offers e-commerce, payment processing, accounting, multi-location management, and reporting and analysis solutions. Lightspeed Commerce serves customers worldwide.
Will Lightspeed stock go back up?
High-risk investors should consider buying shares of Lightspeed stock after the major correction. Although analysts are bullish on the stock and believe it can double investors’ money in 2022, investors should be prepared to buy and hold longer, say, three to five years for a better chance of doubling.
Will LSPD go up?
The 20 analysts offering 12-month price forecasts for Lightspeed Commerce Inc have a median target of 40.00, with a high estimate of 65.00 and a low estimate of 24.19. The median estimate represents a +78.09% increase from the last price of 22.46.
Does Lightspeed pay a dividend?
No, Lightspeed does not currently pay a dividend.
Why is LSPD dropping?
Lightspeed Commerce (TSX:LSPD)(NYSE:LSPD) has lost 75% of its valuation in four months. It first started with a negative report from short-seller Spruce Point Capital. It then went on to overall market weakness because of the spread of the COVID-19 Omicron variant. And now it is the tech stock sell-off.
What POS is better than Lightspeed?
- Square: Best For Newer Businesses. Square POS.
- Clover: Best All-In-One POS. Clover POS.
- Revel Systems: Best For Multilocation Quick-Serve.
- Shopify POS: Best For Multichannel Growth.
- Toast: Best For Full-Service Restaurants.
- TouchBistro: Most Flexible Payment Processing.
What industry is Lightspeed in?
Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. It was founded in 2005 by Dax da Silva who served as the CEO of the company until February 2, 2022.
Who competes with Square?
Square alternatives include PayPal Zettle, SumUp, Shopify and others. Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page.
Who is the CEO of Lightspeed?
Jean Paul Chauvet, Chief Executive Officer Lightspeed’s board of directors appointed JP Chauvet to the role of Chief Executive Officer, on February 2, 2022. Chauvet joined Lightspeed in October 2012 as Chief Revenue Officer and became a board member in September 2013.
How good is Lightspeed?
Lightspeed is No. 7 in our rating of the Best Point-of-Sale (POS) Systems of 2022, No. 4 in the Best POS Systems for Small Businesses, and No. 5 in both Best Point-of-Sale Systems for Restaurants and Best Point-of-Sale Systems for Retail.
What is better Shopify or WooCommerce?
If you are looking for a cost-effective solution, and you want to have full control of your online store, then WooCommerce is the best platform for you. If you want something that’s completely hassle-free that has infinite scalability, then Shopify is the better platform for you.
What stocks are similar to Shopify?
- BigCommerce – Best for growing businesses.
- Volusion – Best analytics features.
- WooCommerce – Best for customization and control.
- Wix – Best for small businesses.
- Squarespace – Best for stunning storefront designs.
- Square Online – Best value for money.
- Weebly – Best for entrepreneurs.
Where is Lightspeed used?
Lightspeed is used by thousands of independent businesses across the globe who are passionate about bringing new and exciting experiences to life. Read the case studies below to see how business owners use our smart, scalable and dependable solutions to grow their businesses.
How many countries is Lightspeed in?
Lightspeed operates globally in approximately 100 countries, empowering single- and multi-location small- and medium-sized businesses to compete successfully in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels.
Is Lightspeed POS cloud based?
Because Lightspeed’s POS software is cloud-based, you can access your backend manager from anywhere, on any device with a web browser whether on desktop, iOS or android.
Is Lightspeed a good long term investment?
In its most recent earnings report, Lightspeed reported a 165% year-over-year increase in its revenue. This is driven by a business model that relies on recurring payments. With 95% of Lightspeed’s revenue coming in as a subscription, its revenue is highly predictable. That’s very good news for investors.
Is LSPD still a good buy?
Buy the pullback? It’s pulled back a lot, but is still not buying. The PE is still very high based on big expectations of future growth.
Is Nuvei a buy?
Nuvei has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Is Lspd overvalued?
Valuation metrics show that Lightspeed Commerce Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of LSPD, demonstrate its potential to underperform the market.
Is cargojet a good stock to buy?
Cargojet has 54.41% upside potential, based on the analysts’ average price target. Can I see which stocks the top-ranking analysts are rating? Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
Does Square integrate with Lightspeed?
LightSpeed VT + Square Integrations automatically do this! Adds a customer to a group.
Is Square compatible with Lightspeed?
You cannot integrate Square’s POS systems with Lightspeed’s POS systems.
Is Lightspeed Trading Free?
Lightspeed charges no base commission for options trades, and the contract fee is just $0.60 per contract for those trading fewer than 500 contracts a month. There’s a $1 minimum, but even so, the cost is competitive.
