Canaccord Lifts PT on LifeStance Health Group (LFST) to $10 From $9, Here's Why
LifeStance Health Group, Inc. (NASDAQ:LFST) is one of the best hot stocks under $20 to buy. On February 26, Canaccord lifted the price target on LifeStance Health Group, Inc. (NASDAQ:LFST) to $10 from $9 while keeping a Buy rating on the shares. The firm stated that fiscal Q4 results and 2026 guidance contemplate strong growth to continue, with revenue and adj-EBITDA rising 15% and 24% at the midpoints, adding that the reimbursement rate and utilization environment remain favorable.
The rating update came after LifeStance Health Group, Inc. (NASDAQ:LFST) announced financial results for fiscal Q4 and full year 2025 on February 25, reporting fiscal Q4 revenues of $382.2 million, up 17% compared to the prior year period, and full year revenue of $1.424 billion, up 14%. Clinician base also rose 9% to 8,040 clinicians, a sequential net increase of 44 in fiscal Q4 and 657 for the full year.
LifeStance Health Group, Inc. (NASDAQ:LFST) further reported that visit volumes for the quarter increased 18% to 2.4 million, while full year visit volumes increased 14% to 9.0 million. For the full year 2026, the company is expecting revenue of $1.615 billion to $1.655 billion, center margin of $526 million to $550 million, and adjusted EBITDA of $185 million to $205 million.
LifeStance Health Group, Inc. (NASDAQ:LFST) provides outpatient mental health services, including psychological and neuropsychological testing, psychiatric evaluations and treatment, and individual, family, and group therapy. The company operates through a mental health platform and also offers virtual care via its online delivery platform, as well as in-person care at centers located in the United States.
While we acknowledge the potential of LFST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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