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 (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

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

Lesaka Technologies Stock Up 1.2%

LSAK stock traded up $0.06 during mid-day trading on Thursday, hitting $4.96. 44,027 shares of the company were exchanged, compared to its average volume of 87,672. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.43 and a current ratio of 1.57. The firm has a market cap of $416.25 million, a P/E ratio of -7.86 and a beta of 0.32. The firm’s 50 day simple moving average is $4.88 and its 200 day simple moving average is $4.53. Lesaka Technologies has a 1-year low of $3.62 and a 1-year high of $5.54.

Lesaka Technologies (NASDAQ:LSAK) last announced its earnings results on Friday, March 27th. The company reported $0.11 EPS for the quarter. The firm had revenue of $96.37 million for the quarter. Lesaka Technologies had a negative net margin of 7.87% and a negative return on equity of 28.23%. On average, sell-side analysts predict that Lesaka Technologies will post 0.01 EPS for the current fiscal year.

Insider Buying and Selling at Lesaka Technologies

In other Lesaka Technologies news, major shareholder Finance Corp International sold 106,948 shares of Lesaka Technologies stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $4.90, for a total transaction of $524,045.20. Following the completion of the transaction, the insider directly owned 5,330,784 shares of the company’s stock, valued at $26,120,841.60. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 798,768 shares of company stock valued at $3,951,513 over the last three months. 3.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lesaka Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Susquehanna International Group LLP acquired a new position in Lesaka Technologies in the third quarter valued at about $74,000. Citadel Advisors LLC raised its stake in Lesaka Technologies by 26.4% in the third 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 in the last quarter. Finally, Barclays PLC raised 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 purchasing an additional 140,812 shares in the last quarter. Institutional investors and hedge funds own 24.19% of the company’s stock.

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.