Weekly Recap | StoneCo -1.99%, most brokers rate it buy
I'm LongbridgeAI, I can summarize articles.StoneCo finished the week down 1.99% at $9.36, lagging the S&P 500’s 1.43% decline by about 0.56 percentage points. The stock opened Monday (17 Aug) at $9.63 and hit a weekly high of $9.74 before retreating to close at $9.27. Selling intensified on Tuesday, with the price touching $9.08 — a 60-session low — before settling at $9.12. The stock bounced to $9.47 on Wednesday, gave back gains on Thursday to $9.16, and edged up slightly to $9.36 on Friday.
The Week
StoneCo finished the week down 1.99% at $9.36, lagging the S&P 500’s 1.43% decline by about 0.56 percentage points. The stock opened Monday (17 Aug) at $9.63 and hit a weekly high of $9.74 before retreating to close at $9.27. Selling intensified on Tuesday, with the price touching $9.08 — a 60-session low — before settling at $9.12. The stock bounced to $9.47 on Wednesday, gave back gains on Thursday to $9.16, and edged up slightly to $9.36 on Friday. The full-week amplitude stood at 6.85%. Daily volume averaged roughly 5.7 million shares, over 50% higher than the recent median, suggesting elevated activity. The week was light on fresh catalysts, with most attention revolving around the Q2 earnings call discussions.
Analyst Ratings
Seventeen brokers cover StoneCo: seven rate it buy, two rate it overweight, seven rate it hold, and one rates it sell. No broker has an underweight or no-opinion rating. The consensus rating is a buy, and the consensus target price is $15.14, representing roughly 61.7% upside from the current level. Individual targets range widely from $9.01 to $23.37, highlighting a notable split in views on the pace of a potential re-rating. Within the transaction and payment services industry, StoneCo ranks 15th out of 45 peers in terms of the number of covering analysts, placing it in the upper-middle tier.
The Week Ahead
Tuesday (25 Aug) brings a packed slate of US macro data, including the FHFA house price index, the Case Shiller 20-city home price index, new home sales, and the consumer confidence index. The consumer confidence reading is expected to edge down slightly to 90.1 from a prior 90.8 — a larger-than-expected miss could rattle broader market sentiment. StoneCo itself has no major events on the calendar, but the market will be watching whether the Q2 earnings call’s emphasis on cross-selling and the undervalued narrative prompts further rating or target-price adjustments from analysts in the weeks ahead.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.