StoneCo Stock (NASDAQ:STNE): Turning Bearish Momentum Into a Golden Opportunity
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 31 2024
0mins
Source: TipRanks
- StoneCo's Q1 Earnings Report: StoneCo disappointed the market with Q1 earnings, causing a 10% sell-off due to missing revenue estimates.
- Future Growth Potential: Despite recent results, StoneCo remains attractively valued with strong growth potential, driven by macro factors like foreign exchange variations.
- Business Model and Market Share: StoneCo focuses on financial solutions for SMBs in Brazil, holding an 11.3% market share and showing rapid growth.
- Financial Performance Turnaround: After a net loss in 2021, StoneCo rebounded in 2023 with record net income and positive metrics like total payment volume and client deposits.
- Analyst Recommendations and Price Targets: Analysts are mostly bullish on STNE, with a Moderate Buy rating and an average price target of $19.85, indicating significant upside potential.
Analyst Views on FOUR
Wall Street analysts forecast FOUR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FOUR is 113.75 USD with a low forecast of 90.00 USD and a high forecast of 150.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
21 Analyst Rating
15 Buy
6 Hold
0 Sell
Moderate Buy
Current: 66.000
Low
90.00
Averages
113.75
High
150.00
Current: 66.000
Low
90.00
Averages
113.75
High
150.00
About FOUR
Shift4 Payments, Inc. is engaged in commerce-enabling technology. The Company is an independent provider of software and payment processing solutions in the United States based on the total volume of payments processed. Its payments platform provides omni-channel card acceptance and processing solutions across multiple payment types, including credit, debit, contactless card, Europay, MasterCard and Visa (EMV), QR Pay, and mobile wallets, as well as alternative payment methods, such as Apple Pay, Google Pay, Alipay and WeChat Pay. Through its proprietary gateway, its payments platform is integrated with over 550 software suites. It enables connectivity with the payment processors, alternative payment rails and many different payment devices. Its suite of technology solutions includes SkyTab POS, SkyTab Mobile, SkyTab Venue, Lighthouse, The Giving Block, Shift4Shop and Marketplace. Its SkyTab POS offering helps its merchants scale their business and improve operational efficiency.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
