Lesaka Technologies (NASDAQ:LSAK) Updates FY 2026 Earnings Guidance

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.336-0.367 for the period, compared to the consensus estimate of 0.220. The company issued revenue guidance of $379.2 million-$397.6 million, compared to the consensus revenue estimate of $620.8 million.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on LSAK shares. Weiss Ratings upgraded shares of Lesaka Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday. Zacks Research raised shares of Lesaka Technologies from a “strong sell” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Wall Street Zen raised shares of Lesaka Technologies to a “hold” rating in a research note on Saturday, February 14th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce”.

Lesaka Technologies Price Performance

Shares of LSAK stock opened at $4.87 on Friday. Lesaka Technologies has a twelve month low of $3.62 and a twelve month high of $5.54. The company has a current ratio of 1.57, a quick ratio of 1.43 and a debt-to-equity ratio of 1.09. The stock has a fifty day simple moving average of $4.88 and a two-hundred day simple moving average of $4.53. The stock has a market capitalization of $408.35 million, a price-to-earnings ratio of -13.92 and a beta of 0.32.

Lesaka Technologies (NASDAQ:LSAK) last released its quarterly earnings data on Friday, March 27th. The company reported $0.11 earnings per share for the quarter. Lesaka Technologies had a negative return on equity of 16.12% and a negative net margin of 4.11%.The firm had revenue of $96.37 million during the quarter. On average, analysts predict that Lesaka Technologies will post 0.01 EPS for the current fiscal year.

Insider Activity at Lesaka Technologies

In other news, major shareholder Finance Corp International sold 66,437 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $4.90, for a total value of $325,541.30. Following the completion of the sale, the insider owned 5,244,859 shares of the company’s stock, valued at approximately $25,699,809.10. This represents a 1.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 798,768 shares of company stock valued at $3,951,513. Insiders own 3.40% of the company’s stock.

Institutional Trading of Lesaka Technologies

Several hedge funds have recently modified their holdings of LSAK. Barclays PLC boosted its stake in Lesaka Technologies by 13,359.8% in the fourth quarter. Barclays PLC now owns 141,866 shares of the company’s stock valued at $677,000 after acquiring an additional 140,812 shares in the last quarter. Susquehanna International Group LLP purchased a new stake in shares of Lesaka Technologies during the 3rd quarter valued at $74,000. Finally, Citadel Advisors LLC lifted its holdings in shares of Lesaka Technologies by 26.4% during the 3rd quarter. Citadel Advisors LLC now owns 18,977 shares of the company’s stock valued at $79,000 after purchasing an additional 3,959 shares during the last quarter. 24.19% of the stock is owned by hedge funds and other institutional investors.

About Lesaka Technologies

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.