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

N/A

Mkt cap

4.8B

Volume

N/A

High

33.99

P/E Ratio

212.44

52-wk high

33.99

Low

33.99

Div yield

0.01

52-wk low

33.99

Over the past 3 months, 8 Wall Street analysts have provided ratings for Nuvei (NASDAQ:NVEI), with an average 12-month price target of $21.88, a decrease from the previous target of $25.50. The ratings include 3 bullish, 1 somewhat bullish, and 4 indifferent, with no bearish ratings. The high price target is $27.00 and the low is $19.00.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:00 pm

Seaport Global analyst Jeff Cantwell has initiated coverage on Nuvei (NASDAQ:NVEI) with a Buy rating and set a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 11:52 am

Nuvei Corporation has launched a card issuing solution in 30 markets, enabling clients to issue physical and virtual white-labelled cards. This service enhances working capital efficiency, improves authorization rates, offers seamless payouts, and increases customer loyalty. The solution is available in the European Economic Area, with plans to expand to the UK, US, and Latin America in 2024. Nuvei's CEO, Philip Fayer, highlights the solution's practical applications and its role in accelerating client business and expanding Nuvei's market.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 2:03 pm

Nuvei Corporation (NVEI) and Nayax (NYAX) have partnered to enhance unattended payment terminals for electric vehicle (EV) charging stations, specifically for Circle K and Couche-Tard locations across North America.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 6:31 pm

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

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