StreetInsider.com News Articles

PicPay Announces First Quarter 2026 Results

Tue, 02 Jun 2026 16:53:00 -0400

Reports adjusted net income of R$ 169 million in 1Q26, up 92% year-over-year, and revenue growth of 70% YoY to R$ 3.5 billion

Company exceeds guidance and reinforces growth model with profitability and diversification

SÃO PAULO--(BUSINESS WIRE)-- PicPay (NASDAQ: PICS) (the “Company”) today announced its financial results for the first quarter ended March 31, 2026, delivering robust results, exceeding guidance, and reinforcing consistency of its business model.

"We exceeded guidance across key indicators, reflecting the consistent execution of our strategy focused on profitable growth, based on scale, financial discipline, and deepening customer relationships," said Eduardo Chedid, PicPay Chief

PicPay Announces First Quarter 2026 Results

Tue, 02 Jun 2026 16:53:00 -0400

Reports adjusted net income of R$ 169 million in 1Q26, up 92% year-over-year, and revenue growth of 70% YoY to R$ 3.5 billion

Company exceeds guidance and reinforces growth model with profitability and diversification

PicPay to Announce First Quarter 2026 Results on June 2, 2026

Tue, 19 May 2026 08:00:00 -0400

Executive conference call to be held the same day

SÃO PAULO--(BUSINESS WIRE)-- PicPay (NASDAQ: PICS) will release financial results for the first quarter of 2026 on Tuesday, June 2, 2026, after market close. PicPay will also host a conference call and earnings webcast at 6:00 p.m. Brasilia time / 5:00 p.m. Eastern Time on the same day to discuss first quarter results.

To participate in the conference call, or to listen to the live audio webcast, please visit PicPay’s Investor Relations website at https://investor.picpay.com. A webcast replay will be available following the call.

About PicPay

PicPay

PicPay to Announce First Quarter 2026 Results on June 2, 2026

Tue, 19 May 2026 08:00:00 -0400

Executive conference call to be held the same day

About PicPay

PicPay

PicPay (PICS) PT Lowered to $16 at Wolfe Research

Wed, 15 Apr 2026 06:55:31 -0400

Wolfe Research analyst Darrin Peller lowered the price target on PicPay (NASDAQ: PICS) to $16.00 (from $20.00) while maintaining a Outperform rating.

Bradesco BBI Starts PicPay (PICS) at Outperform

Tue, 07 Apr 2026 05:02:33 -0400

Bradesco BBI initiates coverage on PicPay (NASDAQ: PICS) with a Outperform rating and a price target of $21.00.

For an analyst ratings summary and ratings history on PicPay click here. For more ratings news on PicPay click here.

Shares of PicPay closed at $11.11 yesterday.

PicPay (PICS) PT Lowered to $19 at RBC Capital

Mon, 06 Apr 2026 07:07:06 -0400

RBC Capital analyst Daniel Perlin lowered the price target on PicPay (NASDAQ: PICS) to $19.00 (from $20.00) while maintaining a Outperform rating.

Form 4 PicS N.V. For: Mar 31 Filed by: Augusto Cazotto Andre

Wed, 01 Apr 2026 12:03:00 -0400

si-local-file:///var/storage/secattach/20260401/26257182.html

Form 4 PicS N.V. For: Mar 26 Filed by: Chedid Simoes Eduardo

Fri, 27 Mar 2026 09:33:00 -0400

si-local-file:///var/storage/secattach/20260327/26229001.html

Form 4 PicS N.V. For: Mar 25 Filed by: Augusto Cazotto Andre

Thu, 26 Mar 2026 13:01:00 -0400

si-local-file:///var/storage/secattach/20260326/26222815.html

Form 4 PicS N.V. For: Mar 23 Filed by: Pruett William Rodney

Tue, 24 Mar 2026 10:50:00 -0400

si-local-file:///var/storage/secattach/20260324/26208685.html

PicPay (PICS) PT Lowered to $23 at Mizuho

Fri, 20 Mar 2026 06:38:16 -0400

(Updated - March 20, 2026 6:38 AM EDT)

Mizuho analyst Dan Dolev lowered the price target on PicPay (NASDAQ: PICS) to $23.00 (from $30.00) while maintaining a Outperform rating.

The analyst commented: "PICS' first public quarter landed decisively ahead of expectations, with management highlighting accelerating operating leverage, ARPAC expansion, and disciplined cost control. AI emerged as a real, monetizable advantage, already delivering tangible opex savings (notably in customer service) while powering large‑scale personalization and credit cross‑sell. On guidance, management exhibited a constructive tone: 1Q seasonality is acknowledged, but profitability remains strong, credit risk normalization is well quantified, and cost of credit is

PicPay (PICS) PT Lowered to $23 at Mizuho

Fri, 20 Mar 2026 06:38:16 -0400

(Updated - March 20, 2026 6:38 AM EDT)

Mizuho analyst Dan Dolev lowered the price target on PicPay (NASDAQ: PICS) to $23.00 (from $30.00) while maintaining a Outperform rating.

Form 3 PicS N.V. For: Mar 18 Filed by: Rosa Couto Rodrigo Luis

Thu, 19 Mar 2026 06:10:00 -0400

si-local-file:///var/storage/secattach/20260319/26188708.html

Form 3 PicS N.V. For: Mar 18 Filed by: Cruz Eduardo (EC)

Thu, 19 Mar 2026 06:08:00 -0400

si-local-file:///var/storage/secattach/20260319/26188701.html

Form 3 PicS N.V. For: Mar 18 Filed by: Augusto Cazotto Andre

Thu, 19 Mar 2026 06:06:00 -0400

si-local-file:///var/storage/secattach/20260319/26188692.html

Form 3 PicS N.V. For: Mar 18 Filed by: Chedid Simoes Eduardo

Wed, 18 Mar 2026 21:52:00 -0400

si-local-file:///var/storage/secattach/20260318/26187890.html

Form 3 PicS N.V. For: Mar 18 Filed by: Ricardo Gomes Jackson

Wed, 18 Mar 2026 21:52:00 -0400

si-local-file:///var/storage/secattach/20260318/26187891.html

Form 3 PicS N.V. For: Mar 18 Filed by: Batista Costa Jose Antonio

Wed, 18 Mar 2026 21:52:00 -0400

si-local-file:///var/storage/secattach/20260318/26187894.html

Form 3 PicS N.V. For: Mar 18 Filed by: Costa de Moura Mauricio

Wed, 18 Mar 2026 21:52:00 -0400

si-local-file:///var/storage/secattach/20260318/26187896.html

Form 3 PicS N.V. For: Mar 18 Filed by: Teixeira Linares Marcio Antonio

Wed, 18 Mar 2026 21:51:00 -0400

si-local-file:///var/storage/secattach/20260318/26187885.html

PicPay Announces Fourth Quarter and Full Year 2025 Results

Wed, 18 Mar 2026 16:34:00 -0400

SÃO PAULO--(BUSINESS WIRE)-- PicPay (NASDAQ: PICS) today announced results for the fourth quarter of 2025. Additional details, including a letter to shareholders, can be found on the company's Investor Relations website at investor.picpay.com/. PicPay will host a conference call and earnings webcast at 5:00 p.m. Eastern Time/6:00 p.m. Brasilia time today to discuss these results.

To participate in the conference call, please visit the Events & Presentations section of PicPay's Investor Relations website or register here.

About PicPay
PicPay is one of the largest digital banks in Brazil by number of

PicPay Announces Fourth Quarter and Full Year 2025 Results

Wed, 18 Mar 2026 16:34:00 -0400

To participate in the conference call, please visit the Events & Presentations section of PicPay's Investor Relations website or register here.

About PicPay
PicPay is one of the largest digital banks in Brazil by number of

Form 3 PicS N.V. For: Mar 18 Filed by: Pruett William Rodney

Wed, 18 Mar 2026 11:03:00 -0400

si-local-file:///var/storage/secattach/20260318/26182224.html

BofA Securities Starts PicPay (PICS) at Buy

Tue, 24 Feb 2026 06:11:30 -0400

(Updated - February 24, 2026 6:11 AM EST)

BofA Securities analyst Mario Pierry initiates coverage on PicPay (NASDAQ: PICS) with a Buy rating and a price target of $27.00.

The analyst comments "We initiate coverage of PicPay (PICS US) with a Buy rating and US$27 price objective, implying 73% upside potential. PicPay is the third-largest fintech in Brazil by number of clients. The company started in ‘12 as a digital wallet, aggregating cards and accounts from third party financial institutions, and attracting customers with a top-tier user experience. In ‘23, PICS pivoted and began taking balance sheet risk by underwriting credit cards