StoneCo - STNE Stock Forecast, Price & News

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for StoneCo in the last twelve months. There are currently 4 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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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14 brokerages have issued twelve-month target prices for StoneCo's shares. Their STNE share price forecasts range from $7.80 to $22.00. On average, they predict the company's stock price to reach $16.63 in the next year. This suggests a possible upside of 90.5% from the stock's current price.
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StoneCo's stock was trading at $16.86 at the start of the year. Since then, STNE shares have decreased by 48.2% and is now trading at $8.73.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 15th 2022.
View our STNE earnings forecast.

StoneCo Ltd. (NASDAQ:STNE) posted its quarterly earnings results on Thursday, August, 18th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.20 billion. StoneCo had a negative trailing twelve-month return on equity of 7.68% and a negative net margin of 36.63%. The business's quarterly revenue was up 275.6% on a year-over-year basis. During the same quarter last year, the business earned $0.32 EPS.

StoneCo issued an update on its third quarter 2022 earnings guidance on Thursday, September, 15th. The company provided EPS guidance of for the period. The company issued revenue guidance of $489.16M-, compared to the consensus revenue estimate of $454.58 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 served 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 variety of retail and institutional investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (3.06%), Nikko Asset Management Americas Inc. (3.06%), FMR LLC (2.20%), Kora Management LP (1.49%), State Street Corp (1.41%) and Point72 Asset Management L.P. (1.36%).

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 $8.73.

StoneCo (NASDAQ:STNE) has a market capitalization of $2.73 billion and generates $894.07 million in revenue each year. The company earns $-251,790,000.00 in net income (profit) each year or ($1.75) 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 551130049680 or via email at investors@stone.com.