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

Goldman Sachs analyst Will Nance has maintained a Neutral rating on Nuvei (NASDAQ:NVEI) and lowered the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 12:40 pm

Nuvei (NASDAQ:NVEI) has received various analyst ratings in the last quarter, with 1 bullish, 4 somewhat bullish, and 3 indifferent. The average price target is $26.38, compared to its current price of $16.24, implying an upside. However, this average represents a 40.21% decrease from the previous average price target of $44.12.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 8:00 pm

Goldman Sachs analyst Will Nance has maintained a Neutral rating on Nuvei (NASDAQ:NVEI) and lowered the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 1:04 pm

Nuvei Corporation has expanded its presence in the Asia-Pacific region by opening a new office in China. This move is expected to enhance the company's global footprint and provide better service to its clients in the region.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:31 am

Canadian fintech company Nuvei Corporation (NASDAQ:NVEI) (TSX:NVEI) has been selected by Kuwait-based international eCommerce platform Ubuy to enhance its customer checkout experience. Ubuy will leverage Nuvei's global reach, local payments market expertise, and extensive suite of alternative payment methods (APMs) to enter new markets and offer diverse payment options. This partnership will enable Ubuy to scale internationally without compromising on its commitment to offering a ubiquitous consumer eCommerce experience.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 1:17 pm

Over the past 3 months, 8 analysts have published their opinion on Nuvei (NASDAQ:NVEI) stock. The company has an average price target of $29.12, representing a 38.54% decrease from the previous average price target of $47.38. The analysts' ratings range from bullish to indifferent.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 4:00 pm

Citigroup analyst Ashwin Shirvaikar has maintained a Neutral rating on Nuvei (NASDAQ:NVEI) and lowered the price target from $42 to $20.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:34 pm

Canaccord analyst Joseph Vafi reiterated a Buy rating on several digital asset, financial technology, and IT and business services stocks. The companies include Cipher Mining Inc, HIVE Digital Technologies Ltd, Hut 8 Mining Corp, Iris Energy Limited, ACI Worldwide, Inc, Open Lending Corp, Nuvei Corp, Payfare, Inc, Pagaya Technologies Ltd, Concentrix Corp, and ICF International, Inc. The analyst believes these companies are well-positioned for potential changes in the regulatory landscape and the introduction of next-generation technology.

Portfolio Pulse from Anusuya Lahiri

August 28, 2023 | 5:32 pm

Actor Ryan Reynolds has made over $450 million from his investments in Aviation Gin and Mint Mobile. Despite admitting he's 'no wizard' at investing, Reynolds has seen significant returns from his stake in Mint Mobile, which sold to T-Mobile for $1.35 billion, and Aviation American Gin, which sold for $610 million. Reynolds is now investing in Nuvei Corp. (NASDAQ:NVEI), which has seen a 60% drop in stock price since his investment announcement in April. He also has investments in 1Password, Wealthsimple Inc., Wrexham Association Football Club, and Alpine F1 Team.

Portfolio Pulse from Caleb Naysmith

August 23, 2023 | 8:28 pm

Nuvei Corporation has announced a partnership with Stuvia to optimize its payments capabilities and expand its target consumer base internationally.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:41 pm

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