FMP

FMP

StoneCo Ltd. (NASDAQ:STNE) Faces Downgrade but Shows Resilience in the Market

  • StoneCo Ltd. (NASDAQ:STNE) was downgraded by Santander from "Outperform" to "Neutral".
  • The stock has seen a 9.7% increase over the past month, outperforming the Computer and Technology sector and the S&P 500.
  • Upcoming earnings report on March 2, 2026, is anticipated with earnings of $0.5 per share and revenue of $749 million.

StoneCo Ltd. (NASDAQ:STNE) is a prominent player in the financial technology sector, providing payment solutions and software for small and medium-sized businesses in Brazil. The company competes with other fintech firms like PagSeguro and MercadoLibre. Recently, Santander downgraded StoneCo from an "Outperform" to a "Neutral" rating, reflecting a more cautious outlook on the stock.

At the time of the downgrade, StoneCo's stock was priced at $16.99. Despite this, the stock closed a recent trading day at $16.59, marking a 1.9% increase from the previous session. This performance outpaced the S&P 500's modest gain of 0.41% and the Dow's decline of 0.83%, as highlighted by TheFly.

Over the past month, StoneCo's stock has surged by 9.7%, significantly outperforming the Computer and Technology sector's gain of 0.49% and the S&P 500's increase of 0.38%. This strong performance indicates investor confidence, even amidst the recent downgrade by Santander.

Investors are keenly awaiting StoneCo's upcoming earnings report on March 2, 2026. Analysts predict earnings of $0.5 per share, a 28.21% year-over-year growth. The consensus estimate also anticipates revenue of $749 million, reflecting a 21.29% increase from the same quarter last year.

StoneCo's market capitalization is approximately $4.55 billion, with a trading volume of 5,509,215 shares. The stock has fluctuated between a low of $16.38 and a high of $17.04 today. Over the past year, it has reached a high of $19.95 and a low of $8.64, showcasing its volatility in the market.