Streetbeat News

NVEI

Nuvei Corporation

https://www.nuvei.com

Industry

Software - Infrastructure

Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. It provides a suite of payment solutions to support lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels. The company sells and distributes its solutions through direct sales, indirect sales for small-and-medium sized businesses, and eCommerce resellers. Nuvei Corporation was founded in 2003 and is headquartered in Montreal, Canada.

Open

33.98

Mkt cap

4.8B

Volume

3.1M

High

34.00

P/E Ratio

212.44

52-wk high

34.00

Low

33.98

Div yield

0.01

52-wk low

19.07

Nuvei Corporation has integrated BLIK, Poland's leading mobile payment method, into its APM suite for eCommerce businesses. This addition expands Nuvei's APM offerings to 669, allowing for instant payments through mobile banking apps. BLIK is connected to 19 Polish financial institutions and has processed 2.8 billion transactions. Nuvei also offers BLIK One Click for single-click transactions after initial setup. The integration aims to provide eCommerce businesses with a comprehensive range of payment options preferred by Polish customers.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:53 pm

UBS analyst Tim Chiodo has maintained a 'Buy' rating on Nuvei (NASDAQ:NVEI) and raised the price target from $20 to $24.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:40 pm

Goldman Sachs analyst Will Nance maintains a Neutral rating on Nuvei (NASDAQ:NVEI) and raises the price target from $19 to $21.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 4:29 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. GAN Limited (NASDAQ:GAN) surged 83.9% after agreeing to be acquired by Sega Sammy Creation. Blade Air Mobility, Inc. (NASDAQ:BLDE) surged 27.3% after reporting strong Q3 FY23 revenue growth. On the other hand, DURECT Corporation (NASDAQ:DRRX) shares fell 75.5% after its Phase 2B AHFIRM trial did not achieve statistical significance. FTC Solar, Inc. (NASDAQ:FTCI) fell 62.8% after reporting Q3 earnings and announcing the departure of its CEO and CFO.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 6:41 pm

Several US stocks recorded gains in Wednesday's trading session despite the Nasdaq Composite falling around 20 points. Notable gainers include ContextLogic Inc., American Public Education, Inc., Avadel Pharmaceuticals plc, Roblox Corporation, Agiliti, Inc., AvidXchange Holdings, Inc., GoPro, Inc., F&G Annuities & Life, Inc., Nuvei Corporation, and Turtle Beach Corporation among others. These gains were largely driven by strong quarterly sales or upbeat third-quarter results.

Portfolio Pulse from Lisa Levin

November 08, 2023 | 4:02 pm

Nuvei Corporation reported better-than-expected Q3 revenue results and raised its FY23 revenue guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 3:54 pm

Nuvei (NASDAQ:NVEI) is set to release its quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.40. The company's previous quarter saw a miss in EPS by $0.05, resulting in a 4.36% drop in share price. Nuvei's shares were trading at $15.3 as of November 6, with a 52-week return down by 43.04%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 3:01 pm

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers were Abri SPAC I, Inc., Nuvve Holding Corp., BIO-key International, Inc., and Microsoft Corporation. Among the losers were Appreciate Holdings, Inc., Vicor Corporation, SunPower Corporation, and Alphabet Inc. Owens Corning shares fell by around 9% due to worse-than-expected third-quarter revenue results and issued fourth-quarter net sales guidance.

Portfolio Pulse from Lisa Levin

October 25, 2023 | 5:49 pm

UBS analyst Tim Chiodo has initiated coverage on Nuvei (NASDAQ:NVEI) with a Buy rating and a price target of $20.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 2:39 pm

Raymond James analyst John Davis has maintained an 'Outperform' rating on Nuvei (NASDAQ:NVEI), but lowered the price target from $28 to $27.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 12:16 pm

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