Morgan Stanley downgraded StoneCo from Overweight to Equal-Weight and set a new price target of $15.00 from $17.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/5/2024 | $16.50 → $7.00 | Equal-Weight → Underweight | Morgan Stanley |
| 7/8/2024 | $21.00 → $17.00 | Neutral → Buy | UBS |
| 6/6/2024 | $20.00 | Neutral → Overweight | JP Morgan |
| 2/1/2024 | $18.00 → $21.00 | Buy → Neutral | UBS |
| 1/22/2024 | $12.00 → $21.00 | Neutral → Buy | Goldman |
| 11/16/2023 | Neutral → Buy | BofA Securities | |
| 8/3/2023 | $14.00 → $18.00 | Neutral → Buy | UBS |
| 6/13/2023 | $11.00 → $15.00 | Hold → Buy | HSBC Securities |
Morgan Stanley downgraded StoneCo from Equal-Weight to Underweight and set a new price target of $7.00 from $16.50 previously
UBS upgraded StoneCo from Neutral to Buy and set a new price target of $17.00 from $21.00 previously
JP Morgan upgraded StoneCo from Neutral to Overweight and set a new price target of $20.00
GEORGETOWN, Cayman Islands, Sept. 20, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone" or the "Company") today announced an additional board change to support the next stage of the Company's growth. Stone's Board has approved, effective immediately, the appointment of Antonio Silveira as a Board Member. Mr. Silveira is currently Chief Technology Officer ("CTO") at Attentive, company leader in AI-powered mobile marketing solutions. Mr. Silveira has over 15 years of experience in technology, having led organizations through significant expansion, developed innovative vertical products and overseen the modernization of technology infrastructures. As a Board Member
GEORGETOWN, Cayman Islands, March 18, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone" or the "Company") is announcing a planned transition within the Board of Directors. After a decade of fundamental contributions, our founder, Mr. André Street has chosen not to seek re-election at the upcoming Annual General Meeting ("AGM"), which will occur by the end of April 2024. In similar vein, Mr. Conrado Engel, our Vice Chairman, and Patricia Verderesi Schindler, will also not seek re-election, having completed their two-year commitment to the Company. In preparation for this transition, the proposal is to appoint Mr. Mauricio Luchetti as the new Chairman, and Mr. Gilber
GEORGETOWN, Cayman Islands, Dec. 01, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone" or the "Company") today announced additional board changes to support the next stage of the Company's growth. Stone's Board has approved the appointment of Gilberto Caldart as a Board Member. Mr. Caldart is a former Vice Chairman and President of International Markets at Mastercard, where he worked more than 14 years. Prior to that he also had a 26-year career in Citigroup, having extensive knowledge of financial services, payment innovation, and technology. The appointment of Mr. Caldart is effective immediately. Board of Directors Composition As a result of this
6-K - StoneCo Ltd. (0001745431) (Filer)
6-K - StoneCo Ltd. (0001745431) (Filer)
6-K - StoneCo Ltd. (0001745431) (Filer)
SC 13G/A - StoneCo Ltd. (0001745431) (Subject)
SC 13G/A - StoneCo Ltd. (0001745431) (Subject)
SC 13G/A - StoneCo Ltd. (0001745431) (Subject)
George Town, Grand Cayman--(Newsfile Corp. - November 12, 2024) - StoneCo Ltd. (NASDAQ:STNE) (B3: STOC31) ("Stone" or the "Company") today reported its financial results for the third quarter ended September 30, 2024, in an Earnings Release which is now posted to the company's Investor Relations website https://investors.stone.co/. Conference CallStone will discuss its 3Q24 financial results during a teleconference today, November 12, 2024, at 5:00 PM ET / 7:00 PM BRT. The conference call can be accessed live over the Zoom webinar (ID: 851 7712 3588 | Password: 819157). You can also access the meeting over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from the U.S. Ca
GEORGE TOWN, Grand Cayman, Oct. 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone") today announces that it will release its third quarter 2024 financial results on Tuesday, November 12th, 2024, after the market closes. The Company will also host a conference call to discuss its results on the same day at 5:00pm ET (7:00pm BRT). The conference call can be accessed live over the Zoom webinar (ID: 851 7712 3588 | Password: 819157). You can also access the meeting over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from the U.S. Callers from Brazil can dial +55 21 3958 7888. Callers from the UK can dial +44 330 088 5830. The call will also be webcast live
GEORGE TOWN, Grand Cayman, Aug. 14, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone" or the "Company") today reports its financial results for its second quarter ended June 30, 2024. Adjusted EBTMSMB CTPV (Card TPV)R$652 millionR$97.8 billion+45.9% year over year+17.4% year over year Adjusted Net incomeAdjusted Basic EPSR$497 millionR$1.61+54.4% year over year+57.2% year over year Business Overview Stone has made significant progress in the second quarter across our strategic priorities, advancing in critical areas as we work towards our 2024 and long-term targets. Highlighting our strong growth within Financial Services, MSMB Card TPV increased by 17.4% year
George Town, Grand Cayman--(Newsfile Corp. - November 21, 2024) - StoneCo Ltd. (NASDAQ:STNE) (B3: STOC31) ("Stone" or "the Company") announced that its Board of Directors, pursuant to written resolutions dated November 21st, 2024, has authorized a share repurchase program, under which Stone may repurchase up to R$ 2 billion in outstanding Class A common shares. The program approved does not have a fixed expiration date.This new share repurchase program replaces the previous share repurchase program announced by Stone on November 14th, 2023. Under the former program, Stone repurchased a total of 13,202,939 shares at an average price of US$ 13.52 per share, totaling US$ 178.3 million."We are p
George Town, Grand Cayman--(Newsfile Corp. - November 12, 2024) - StoneCo Ltd. (NASDAQ:STNE) (B3: STOC31) ("Stone" or the "Company") today reported its financial results for the third quarter ended September 30, 2024, in an Earnings Release which is now posted to the company's Investor Relations website https://investors.stone.co/. Conference CallStone will discuss its 3Q24 financial results during a teleconference today, November 12, 2024, at 5:00 PM ET / 7:00 PM BRT. The conference call can be accessed live over the Zoom webinar (ID: 851 7712 3588 | Password: 819157). You can also access the meeting over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from the U.S. Ca
GEORGE TOWN, Grand Cayman, Oct. 16, 2024 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone") today announces that it will release its third quarter 2024 financial results on Tuesday, November 12th, 2024, after the market closes. The Company will also host a conference call to discuss its results on the same day at 5:00pm ET (7:00pm BRT). The conference call can be accessed live over the Zoom webinar (ID: 851 7712 3588 | Password: 819157). You can also access the meeting over the phone by dialing +1 646 931 3860 or +1 669 444 9171 from the U.S. Callers from Brazil can dial +55 21 3958 7888. Callers from the UK can dial +44 330 088 5830. The call will also be webcast live
UBS analyst Kaio Prato upgrades StoneCo (NASDAQ:STNE) from Neutral to Buy and lowers the price target from $21 to $17.
Shares of PagSeguro Digital Ltd (NYSE:PAGS) were trading down on Wednesday. The stock has lost 20% since April 1, despite the company reporting an acceleration in its first-quarter year-on-year growth in revenues and earnings to 15% and 33%, respectively, according to Goldman Sachs. The PagSeguro Digital Analyst: Tito Labarta upgraded the rating for PagSeguro Digital from Neutral to Buy, while keeping the price target unchanged at $15. The PagSeguro Digital Thesis: The current environment in Brazil's payments sector should favor the company, given its competitive offerings in the more profitable small and medium businesses and micro merchant segments, Labarta said in the upgrade not