StoneCo - STNE Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last twelve months. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" STNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STNE, but not buy additional shares or sell existing shares.
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9 brokers have issued 1 year price objectives for StoneCo's shares. Their STNE share price forecasts range from $10.00 to $20.00. On average, they predict the company's share price to reach $15.33 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price.
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StoneCo's stock was trading at $9.44 at the beginning of the year. Since then, STNE shares have increased by 22.4% and is now trading at $11.55.
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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) released its quarterly earnings results on Thursday, November, 17th. The company reported $0.07 earnings per share for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The firm earned $478.88 million during the quarter, compared to analysts' expectations of $477.52 million. StoneCo had a positive trailing twelve-month return on equity of 2.48% and a negative net margin of 15.73%.

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 a price of $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 Allspring Global Investments Holdings LLC (0.79%), ARK Investment Management LLC (0.78%), Baillie Gifford & Co. (0.47%), Manning & Napier Group LLC (0.11%), Strs Ohio (0.04%) and Investmentaktiengesellschaft Fuer Langfristige Investoren TGV (0.03%).

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.
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One share of STNE stock can currently be purchased for approximately $11.55.

StoneCo (NASDAQ:STNE) has a market capitalization of $3.61 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.