StoneCo stock gained 1.38 percent as Q2 credit growth continued

Published on 10/05/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

StoneCo stock gained 1.38 percent on October 2 after second-quarter credit revenue grew 14 percent. Analysts rate it Hold with a USD 14.30 target.

STNE, KYG851581069, Illustration mit AI erstellt.

StoneCo stock (ISIN KYG851581069) closed at USD 9.55 on October 2, 2026, up 1.38 percent on Nasdaq, as the fintech company’s second-quarter update highlighted 14 percent credit-revenue growth. In its Q2 2026 earnings call, SquawkNews reported that StoneCo’s first-half adjusted gross profit reached BRL 3.1 billion.

Credit drives the second quarter

StoneCo said total payment volume grew 4 percent year over year in the second quarter, while retail deposits increased 22 percent. The credit portfolio was more than twice as large as a year earlier, giving financial services a larger role in the earnings mix.

Credit revenue rose 14 percent during the period, but provisions reached BRL 188 million as the expanding loan book moved into later stages of seasoning. That combination gives the quarter a clear tension: credit is supplying growth, while credit quality is increasing the cost of that growth.

Guidance leaves room for execution

For full-year 2026, StoneCo’s adjusted gross-profit guidance stands at BRL 6.6 billion to BRL 7.0 billion, while adjusted basic EPS guidance is BRL 10.8 to BRL 11.4. First-half adjusted basic EPS was BRL 4.58, and management said it was focused on the lower end of the annual ranges because interest rates had stayed higher for longer.

The comparison is important for investors: first-half adjusted gross profit of BRL 3.1 billion represents nearly half of the lower end of the full-year range, while the company still expects performance to be weighted toward the second half. Share buybacks also helped adjusted EPS grow 9 percent year over year during the quarter, according to SquawkNews.

Analysts see upside with risks

MarketBeat reported on September 30, 2026, that 10 analysts held a consensus rating of Hold, with six Hold ratings and four Buy ratings. The average 12-month price target was USD 14.30, placing the target 49.7 percent above the October 2 closing price of USD 9.55.

The analyst picture remains mixed. UBS cut its target from USD 15.00 to USD 13.00 while maintaining a Buy rating on August 28, 2026, and Bank of America moved from Buy to Neutral with a USD 13.00 target, according to MarketBeat. The central stock question is therefore whether credit expansion can outpace provisions while StoneCo delivers the second-half profit contribution embedded in its guidance.

StoneCo stock closes above its low

StoneCo stock closed at USD 9.55 on Nasdaq on October 2, 2026, after trading between USD 9.18 and USD 9.57. The 52-week range was USD 8.95 to USD 19.64, and the market capitalization was USD 2.2 billion on that date.