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StoneCo Ltd. - $STNE STOCK NEWS

Welcome to our dedicated page for StoneCo Ltd. news (Ticker: $STNE), a resource for investors and traders seeking the latest updates and insights on StoneCo Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect StoneCo Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of StoneCo Ltd.'s position in the market.

Rhea-AI Summary
Stone (Nasdaq: STNE, B3: STOC31) Announces Ambitious Growth Plans at Investor Day Event in New York. The company aims to more than double profitability over 4 years, exceeding an adjusted net income of R$ 4.3 billion. By 2027, Stone plans to exceed R$ 600 billion in TPV and a take rate above 2.70% in MSMB, exceed R$ 14 billion in client deposits, and achieve a credit portfolio above R$ 5.5 billion. The company's strategy is based on growing in the MSMB market, increasing engagement of its base, and gaining operational efficiency. Stone will prioritize four verticals on its software platform - retail, food, pharma, and gas stations - aiming to consolidate itself as the one-stop-shop for its customers. The arrival of the new CEO, Pedro Zinner, has led to a restructuring to accelerate integration of financial services solutions with software assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.53%
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none
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Rhea-AI Summary
StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) announces short and mid long-term guidance for 2024-2027, projecting significant growth in key financial and operational metrics. This includes a CAGR of 13% for MSMB TPV, a 26% increase in Client Deposits, and a 90% rise in Credit Portfolio. The company also aims for a 21% increase in MSMB Take Rate and a 31% growth in Adjusted Net Income. Additionally, StoneCo provides non-IFRS financial information, including adjusted net income and administrative expenses, with reconciliations to IFRS financial information in the press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.53%
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none
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News
Rhea-AI Summary
StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) Announces Investor Day Event
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.53%
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none
Rhea-AI Summary
StoneCo Ltd. (STNE) Announces R$ 1 Billion Share Repurchase Program: StoneCo Ltd. has authorized a new share repurchase program, replacing the previous one, to repurchase up to R$ 1 billion in outstanding Class A common shares. The former program resulted in the repurchase of 5,733,740 shares at an average price of US$ 10.29 per share, totaling US$ 59.0 million. The new program does not have a fixed expiration date and allows for repurchases through various methods, subject to market and business conditions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.53%
Tags
buyback
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Rhea-AI Summary
StoneCo Ltd. (Nasdaq: STNE; B3: STOC31) announced the availability of the registration link for the Investor Day webcast on their Investor Relations website. The event is scheduled for November 15th, with the webcast starting at 9:00 am ET and ending at approximately 2:30 pm ET. Supporting materials will be accessible in the Events section of the website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.2%
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none
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Rhea-AI Summary
StoneCo Ltd. (Nasdaq: STNE, B3: STOC31) exceeded projections in 3Q23, reporting R$ 3.1 billion net revenue, a 25.2% annual growth, and R$ 545 million adjusted EBT, a 228% increase year-on-year. The Financial Services segment saw a 29% revenue growth, and the active payments customer base reached 3.3 million. The MSME segment experienced a 20% TPV increase, reaching R$ 89.6 billion. The company also implemented a share buyback program and reorganized its management structure for better market alignment.
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End-of-Day
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Rhea-AI Summary
StoneCo Ltd. (STNE) Reports Impressive 3Q23 Financial Results with Adjusted EBT Reaching R$545 Million, Up 228% Year Over Year
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Rhea-AI Summary
StoneCo Ltd. to host conference call to discuss third quarter 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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Rhea-AI Summary
StoneCo announces management reorganization to align with go-to-market strategies and accelerate software integration
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
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News
Rhea-AI Summary
StoneCo Ltd. has authorized a share repurchase program of up to R$ 300 million in outstanding Class A common shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
Tags
buyback
StoneCo Ltd.

Nasdaq:STNE

STNE Rankings

STNE Stock Data

4.28B
260.13M
4.51%
73.49%
3.9%
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