StoneCo Stock Forecast, Price & News

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" StoneCo stock. 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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Wall Street analysts have given StoneCo a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but StoneCo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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StoneCo is scheduled to release its next quarterly earnings announcement on Tuesday, August 10th 2021.
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StoneCo Ltd. (NASDAQ:STNE) released its quarterly earnings results on Monday, May, 31st. The company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.44. The company had revenue of $867.70 million for the quarter, compared to analysts' expectations of $985 million. StoneCo had a net margin of 24.13% and a trailing twelve-month return on equity of 6.43%. The business's revenue was up 21.1% compared to the same quarter last year.
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StoneCo's stock was trading at $36.34 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, STNE shares have increased by 87.9% and is now trading at $68.29.
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11 Wall Street analysts have issued 1-year price targets for StoneCo's shares. Their forecasts range from $52.00 to $100.00. On average, they expect StoneCo's stock price to reach $69.10 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price.
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Some companies that are related to StoneCo include Automatic Data Processing (ADP), Fiserv (FISV), Workday (WDAY), Bilibili (BILI), Verisk Analytics (VRSK), RingCentral (RNG), PagSeguro Digital (PAGS), Zendesk (ZEN), Clarivate (CLVT), GoodRx (GDRX), Five9 (FIVN), Zynga (ZNGA), Pegasystems (PEGA), Proofpoint (PFPT) and Playtika (PLTK).
View all of STNE's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other StoneCo investors own include NVIDIA (NVDA), Alibaba Group (BABA), The Walt Disney (DIS), Advanced Micro Devices (AMD), Square (SQ), PayPal (PYPL), salesforce.com (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 many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (10.86%), BlackRock Inc. (3.70%), Berkshire Hathaway Inc (3.46%), Lone Pine Capital LLC (2.12%), Artisan Partners Limited Partnership (1.14%) and Tybourne Capital Management HK Ltd. (1.26%).

STNE stock was sold by a variety of institutional investors in the last quarter, including Berkshire Hathaway Inc, Foxhaven Asset Management LP, Polar Capital Holdings Plc, Steadfast Capital Management LP, Morgan Stanley, Jupiter Asset Management Ltd., New York State Common Retirement Fund, and Sei Investments Co..

STNE stock was bought by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, BlackRock Inc., UBS Group AG, JGP Global Gestao de Recursos Ltda., Artisan Partners Limited Partnership, Verde Servicos Internacionais S.A., Sharp Capital Gestora de Recursos Ltda., and AMS Capital Ltda.

Shares of STNE 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 $68.29.

StoneCo has a market capitalization of $21.08 billion and generates $644.50 million in revenue each year. The company earns $165.69 million in net income (profit) each year or $0.57 on an earnings per share basis.

StoneCo employs 7,239 workers across the globe.

StoneCo was founded in 2012.

The official website for StoneCo is www.stone.co.

StoneCo is headquartered at R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551.

StoneCo's mailing address is R. Fidencio Ramos 308 Vila Olimpia 10th floor, Sao Paulo D5, 04551. The company can be reached via phone at 55-11-3004-9680 or via email at [email protected]