Fintech Tailwind and Cheap Valuation Make StoneCo a Buy Today – June 3, 2025
From Zacks Investment Research: 2025-06-03 16:06:00
StoneCo Ltd. (STNE) has seen a surge of 54.9% in the past 3 months, outpacing competitors like PagSeguro and DLocal. Their Q1 results show a 19% increase in gross profit and a 36% increase in EPS, driven by a repricing strategy. PIX transactions have increased by 95%, helping to boost deposits and reduce reliance on cards. StoneCo is well-positioned to benefit from the growing global fintech market, projected to reach $1.12 trillion by 2032 at a CAGR of 16.2%. Analysts suggest that STNE is trading 11.6% below its average target price, making it a strong buy opportunity with a Zacks Rank #1.
Read more at Zacks Investment Research: Fintech Tailwind and Cheap Valuation Make StoneCo a Buy Today – June 3, 2025