StoneCo - STNE Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STNE shares.
View STNE analyst ratings or view top-rated stocks.

8 analysts have issued twelve-month price targets for StoneCo's stock. Their STNE share price forecasts range from $10.00 to $20.00. On average, they anticipate the company's share price to reach $15.25 in the next twelve months. This suggests a possible upside of 42.5% from the stock's current price.
View analysts price targets for STNE or view top-rated stocks among Wall Street analysts.

StoneCo's stock was trading at $9.44 on January 1st, 2023. Since then, STNE shares have increased by 13.3% and is now trading at $10.70.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our STNE earnings forecast.

StoneCo Ltd. (NASDAQ:STNE) announced its quarterly earnings results on Thursday, November, 17th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The firm had revenue of $478.88 million for the quarter, compared to analysts' expectations of $477.52 million. StoneCo had a negative net margin of 15.73% and a positive trailing twelve-month return on equity of 2.48%.

StoneCo issued an update on its fourth quarter 2022 earnings guidance on Saturday, December, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $496.35M-, compared to the consensus revenue estimate of $505.84 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other StoneCo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Walt Disney (DIS), Advanced Micro Devices (AMD), Block (SQ), PayPal (PYPL), Salesforce (CRM), Netflix (NFLX), Tesla (TSLA) and Micron Technology (MU).

(STNE) raised $1 billion in an initial public offering (IPO) on Thursday, October 25th 2018. The company issued 47,700,000 shares at $21.00-$23.00 per share. Goldman Sachs, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Itaú BBA, Credit Suisse, Morgan Stanley, BofA Merrill Lynch and BTG Pactual were co-managers.

StoneCo trades on the NASDAQ under the ticker symbol "STNE."

StoneCo's stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (3.04%), Allspring Global Investments Holdings LLC (0.79%), ARK Investment Management LLC (0.78%), Baillie Gifford & Co. (0.47%), Truxt Investmentos Ltda. (0.36%) and Monaco Asset Management SAM (0.29%).

Shares of STNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of STNE stock can currently be purchased for approximately $10.70.

StoneCo (NASDAQ:STNE) has a market capitalization of $3.34 billion and generates $894.07 million in revenue each year. The company earns $-251,790,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis.

The company employs 15,485 workers across the globe.

StoneCo's mailing address is R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551. The official website for the company is www.stone.co. The company can be reached via phone at (113) 004-9680 or via email at investors@stone.com.