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

Lesaka Technologies (NASDAQ:LSAK) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.260-0.260 for the period, compared to the consensus earnings per share estimate of 0.150. The company issued revenue guidance of $373.8 million-$403.0 million, compared to the consensus revenue estimate of $542.7 million. Lesaka Technologies also updated its Q3 2026 guidance to EPS.

Lesaka Technologies Trading Down 0.7%

Shares of Lesaka Technologies stock traded down $0.03 during midday trading on Thursday, reaching $4.53. The company had a trading volume of 93,717 shares, compared to its average volume of 86,870. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.61 and a quick ratio of 1.48. Lesaka Technologies has a fifty-two week low of $3.39 and a fifty-two week high of $5.20. The firm has a market cap of $380.93 million, a PE ratio of -4.23 and a beta of 0.47. The stock has a fifty day moving average price of $4.46 and a 200 day moving average price of $4.37.

Lesaka Technologies (NASDAQ:LSAK) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04. The company had revenue of $93.40 million for the quarter, compared to analysts’ expectations of $166.00 million. Lesaka Technologies had a negative return on equity of 47.06% and a negative net margin of 14.02%.Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. On average, equities analysts anticipate that Lesaka Technologies will post -0.16 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on LSAK shares. Zacks Research raised Lesaka Technologies from a “strong sell” rating to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings restated a “sell (d-)” rating on shares of Lesaka Technologies in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

Insider Transactions at Lesaka Technologies

In other Lesaka Technologies news, Chairman Ali Mazanderani purchased 1,800,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The stock was purchased at an average cost of $5.00 per share, with a total value of $9,000,000.00. Following the transaction, the chairman owned 2,325,115 shares in the company, valued at approximately $11,625,575. This trade represents a 342.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Daniel Luke Smith bought 11,503 shares of Lesaka Technologies stock in a transaction dated Wednesday, December 10th. The stock was acquired at an average price of $4.40 per share, with a total value of $50,613.20. Following the acquisition, the chief financial officer directly owned 23,500 shares of the company’s stock, valued at approximately $103,400. This represents a 95.88% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 1,830,500 shares of company stock valued at $9,130,204 in the last ninety days. Corporate insiders own 3.40% of the company’s stock.

Institutional Investors Weigh In On Lesaka Technologies

An institutional investor recently raised its position in Lesaka Technologies stock. Citadel Advisors LLC boosted its stake in shares of Lesaka Technologies, Inc. (NASDAQ:LSAK) by 26.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,977 shares of the company’s stock after buying an additional 3,959 shares during the period. Citadel Advisors LLC’s holdings in Lesaka Technologies were worth $79,000 at the end of the most recent quarter. 24.19% of the stock is owned by institutional investors and hedge funds.

Lesaka Technologies Company Profile

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.