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REAL-TIME GLOBAL RESEARCH

Risk Reward Update

Published: 2026-08-17Institution: Morgan StanleyCompany / ticker: STNE.OPages: 9Original language: English

Research evidence excerpt

Not for redistribution without written consent of Morgan Stanley

M

Update

August 17, 2026 04:37 PM GMT

StoneCo Ltd. | Latin America

Morgan Stanley & Co. LLC

Jorge Kuri

Equity Analyst

Risk Reward Update

StoneCo Ltd. (STNE.O, STNE US)

What’s Changed

Brazil Financial Institutions | Brazil

Updated Components

Stock Rating

Industry View

Price target

Shr price, close (Aug 14, 2026)

52-Week Range

EPS

Risk Reward for StoneCo Ltd. (STNE.O) has been updated

Fiscal Year Ending

Reason for change

Updating EPS estimates on the back of 2Q26 results.

EPS (US$)**

Prior EPS (US$)**

Underweight

No Rating

US$9.00

US$9.55

US$16.48-9.38

12/25 12/26e 12/27e 12/28e

1.57

2.66

2.58

1.73

1.62

1.80

1.65

Unless otherwise noted, all metrics are based on Morgan Stanley ModelWare

framework

** = Based on consensus methodology

e = Morgan Stanley Research estimates

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