Seeking Alpha starts StoneX coverage with USD 96 target for StoneX Group stock

Published on 10/06/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 2026 earnings per share reached USD 1.00 versus USD 0.76 consensus. StoneX Group stock costs EUR 60.17 on October 6, 2026 versus EUR 60.08.

SNEX, US8618961085, Illustration mit AI erstellt.

StoneX Group Inc. (ISIN US8618961085) received a USD 96 price target and Buy rating when Seeking Alpha initiated coverage on October 1, 2026. The report describes StoneX as an earnings compounder and points to book value growth, margin expansion and recent acquisitions.

FX expansion adds a new growth angle

StoneX announced the launch of a Singapore FX booking center and SG1 connectivity on October 1, 2026, according to StoneX. The company also added seven CNH currency pairs and expanded liquidity in regional currencies including JPY, SGD, HKD, KRW and TWD.

The Singapore operation brings pricing and execution closer to Asia-Pacific market hours. That matters because StoneX serves institutional and corporate clients whose hedging decisions depend on settlement timing, liquidity and local support.

Third-quarter earnings set the benchmark

StoneX reported USD 1.00 in earnings per share for the third quarter of fiscal 2026, above the USD 0.76 consensus estimate, Zacks reported. Operating revenues increased 43.30 percent year over year to USD 1.47 billion, while net income rose to USD 127.90 million from USD 63.40 million.

The growth was uneven across the business. Commercial operating revenues rose 97.00 percent to USD 452.20 million, while Self-Directed/Retail operating revenues declined 13.00 percent to USD 96.30 million in the same quarter. The contrast leaves trading activity and cost control as key variables for the next results cycle.

StoneX stock stays near its midrange

StoneX was trading at EUR 60.17 at Lang & Schwarz on October 6, 2026 at 10:00 a.m. CEST, up 0.15 percent versus the EUR 60.08 prior close on October 5, 2026. The small daily move keeps the market reaction separate from the company's recent operating developments.