BofA Securities Starts PicPay (PICS) at Buy

Tue, 24 Feb 2026 06:11:30 -0500

(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

BofA Securities Starts PicPay (PICS) at Buy

Tue, 24 Feb 2026 06:11:30 -0500

(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.

PicPay Announces Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

Mon, 23 Feb 2026 16:58:00 -0500

SÃO PAULO--(BUSINESS WIRE)-- PicPay (NASDAQ: PICS) announced that it will release its financial results for the fourth quarter and full year ended December 31, 2025, on Wednesday, March 18, 2026, after market close.

The Company will host a conference call and webcast to discuss its results on the same day at 6:00 PM Brasília Time (5:00 PM Eastern Standard Time).

Participants may register for and access the conference call using the link found here.

A live webcast and replay of the conference call will also be available in the events section on the Company’s

PicPay Announces Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

Mon, 23 Feb 2026 16:58:00 -0500

The Company will host a conference call and webcast to discuss its results on the same day at 6:00 PM Brasília Time (5:00 PM Eastern Standard Time).

Participants may register for and access the conference call using the link found here.

A live webcast and replay of the conference call will also be available in the events section on the Company’s

Mizuho Starts PicPay (PICS) at Outperform

Mon, 23 Feb 2026 06:00:02 -0500

(Updated - February 23, 2026 6:00 AM EST)

Mizuho analyst Dan Dolev initiates coverage on PicPay (NASDAQ: PICS) with a Outperform rating and a price target of $30.00.

The analyst commented: "We initiate with an Outperform rating on PicPay (PICS), a scaled Brazilian fintech positioned to compound growth as payments, banking, and credit migrate to mobile-first platforms. PicPay is Brazil’s second-largest digital bank and the seventh-largest financial institution, giving it meaningful distribution leverage in Latin America’s largest economy. Scale & engagement are already substantial: the platform has ~42mn quarterly active users (≈20% of Brazil’s population) and 97% brand recognition among banked Brazilians,

Mizuho Starts PicPay (PICS) at Outperform

Mon, 23 Feb 2026 06:00:02 -0500

(Updated - February 23, 2026 6:00 AM EST)

Mizuho analyst Dan Dolev initiates coverage on PicPay (NASDAQ: PICS) with a Outperform rating and a price target of $30.00.

Mizuho Starts PicPay (PICS) at Outperform

Mon, 23 Feb 2026 06:00:02 -0500

(Updated - February 23, 2026 6:00 AM EST)

Mizuho analyst Dan Dolev initiates coverage on PicPay (NASDAQ: PICS) with a Outperform rating and a price target of $30.00.

Citi Starts PicPay (PICS) at Buy

Mon, 23 Feb 2026 03:06:03 -0500

Citi analyst Gustavo Schroden initiates coverage on PicPay (NASDAQ: PICS) with a Buy rating and a price target of $28.00.

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 $15.71 yesterday.

RBC Capital Starts PicPay (PICS) at Outperform

Mon, 23 Feb 2026 01:49:05 -0500

RBC Capital analyst Daniel Perlin initiates coverage on PicPay (NASDAQ: PICS) with a Outperform rating and a price target of $20.00.

The analyst comments: "We are initiating coverage of PICS with an Outperform rating and a $20 price target, as we believe the company is well positioned to compound revenue growth at a 53% CAGR through FY27e. Our conviction is supported by the company’s ability to gain share from Brazilian incumbent banks through a structurally lower cost to serve, differentiated digital experiences, and by cross-selling financial products into its large user base. We believe the shares currently trading at ~12x CY26e

RBC Capital Starts PicPay (PICS) at Outperform

Mon, 23 Feb 2026 01:49:05 -0500

RBC Capital analyst Daniel Perlin initiates coverage on PicPay (NASDAQ: PICS) with a Outperform rating and a price target of $20.00.

HSBC Starts PicPay (PICS) at Buy

Thu, 19 Feb 2026 09:56:24 -0500

(Updated - February 19, 2026 9:56 AM EST)

HSBC analyst Neha Agarwala initiates coverage on PicPay (NASDAQ: PICS) with a Buy rating and a price target of $21.00.

The analyst commented: "Known-unknown (risk) priced-in; initiate coverage at Buy, USD21 TP. PicPay’s key risk, its underwriting prowess, will likely be stress tested in an asset quality downcycle. Absent that, and as it seems currently, PicPay should exhibit strong near-term earnings momentum We present a bull/bear scenario analysis to understand the risk-reward. Using a DDM methodology (CoE 15%, growth 8.0%) we arrive at a TP of USD21; with 59% upside, we initiate at Buy.

HSBC Starts PicPay (PICS) at Buy

Thu, 19 Feb 2026 09:56:24 -0500

(Updated - February 19, 2026 9:56 AM EST)

HSBC analyst Neha Agarwala initiates coverage on PicPay (NASDAQ: PICS) with a Buy rating and a price target of $21.00.

HSBC Starts PicPay (PICS) at Buy

Thu, 19 Feb 2026 09:56:24 -0500

(Updated - February 19, 2026 9:56 AM EST)

HSBC analyst Neha Agarwala initiates coverage on PicPay (NASDAQ: PICS) with a Buy rating and a price target of $21.00.

Picpay Holdings Netherlands Opens At $19.50, IPO Priced At $19

Thu, 29 Jan 2026 12:28:26 -0500

Picpay Holdings Netherlands Opens At $19.50, IPO Priced At $19

PicPay prices IPO at $19 per share

Thu, 29 Jan 2026 10:17:04 -0500

(Updated - January 29, 2026 10:17 AM EST)

PicPay announced the pricing of its initial public offering at $19.00 per Class A common share. The company is offering 22,857,143 shares through a registration statement filed with the U.S. Securities and Exchange Commission.

The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "PICS" on January 29, 2026. Prior to the offering's close, the company plans to change its name from Picpay Holdings Netherlands B.V. to PicS N.V., with the name change becoming effective on Nasdaq on January 30, 2026.

Citigroup, BofA Securities and RBC Capital Markets

PicPay prices IPO at $19 per share

Thu, 29 Jan 2026 10:17:04 -0500

(Updated - January 29, 2026 10:17 AM EST)

Citigroup, BofA Securities and RBC Capital Markets

PicPay prices IPO at $19 per share

Thu, 29 Jan 2026 10:17:04 -0500

(Updated - January 29, 2026 10:17 AM EST)

Citigroup, BofA Securities and RBC Capital Markets

PicPay Holdings (PICS) indicating to open at $20, IPO priced at $19

Thu, 29 Jan 2026 10:14:58 -0500

(Updated - January 29, 2026 10:14 AM EST)

Shares of PicPay Holdings (PICS) are indicating to open for trading at $20 on Thursday, above the company's IPO pricing of $19 per share.

PicPay Holdings (PICS) indicating to open at $20, IPO priced at $19

Thu, 29 Jan 2026 10:14:58 -0500

(Updated - January 29, 2026 10:14 AM EST)

Shares of PicPay Holdings (PICS) are indicating to open for trading at $20 on Thursday, above the company's IPO pricing of $19 per share.

PicPay reportedly prices U.S. IPO at $19/sh, top of range

Wed, 28 Jan 2026 17:11:30 -0500

PicPay has priced its U.S. IPO at $19 per share, at the top of the proposed pricing range, according to a Bloomberg report late Wednesday.

PicPay reportedly prices U.S. IPO at $19/sh, top of range

Wed, 28 Jan 2026 17:11:30 -0500

PicPay has priced its U.S. IPO at $19 per share, at the top of the proposed pricing range, according to a Bloomberg report late Wednesday.

PicPay launches IPO with 22.8 million shares priced $16-19 each

Tue, 20 Jan 2026 08:56:43 -0500

PicPay announced the launch of its initial public offering consisting of 22,857,143 Class A common shares with an estimated price range of $16.00 to $19.00 per share. The company filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission.

The Brazilian fintech company plans to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol "PICS" upon completion of the offering.

Bicycle Capital, a growth equity firm focused on Latin American businesses, along with affiliated entities have indicated interest in purchasing $75 million worth of Class A common shares at the IPO

PicPay launches IPO with 22.8 million shares priced $16-19 each

Tue, 20 Jan 2026 08:56:43 -0500

The Brazilian fintech company plans to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol "PICS" upon completion of the offering.

Bicycle Capital, a growth equity firm focused on Latin American businesses, along with affiliated entities have indicated interest in purchasing $75 million worth of Class A common shares at the IPO

PicPay launches IPO with 22.8 million shares priced $16-19 each

Tue, 20 Jan 2026 08:56:43 -0500

The Brazilian fintech company plans to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol "PICS" upon completion of the offering.

Bicycle Capital, a growth equity firm focused on Latin American businesses, along with affiliated entities have indicated interest in purchasing $75 million worth of Class A common shares at the IPO

PicS N.V. (PICS) files for 22.86M share IPO at $16-$19/sh

Tue, 20 Jan 2026 08:12:10 -0500

PicS N.V. (PICS) files for 22,857,143 share Nasdaq IPO at $16-$19 per share.

StreetInsider.com News Articles

BofA Securities Starts PicPay (PICS) at Buy

BofA Securities Starts PicPay (PICS) at Buy

PicPay Announces Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

PicPay Announces Date for Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

Mizuho Starts PicPay (PICS) at Outperform

Mizuho Starts PicPay (PICS) at Outperform

Mizuho Starts PicPay (PICS) at Outperform

Citi Starts PicPay (PICS) at Buy

RBC Capital Starts PicPay (PICS) at Outperform

RBC Capital Starts PicPay (PICS) at Outperform

HSBC Starts PicPay (PICS) at Buy

HSBC Starts PicPay (PICS) at Buy

HSBC Starts PicPay (PICS) at Buy

Picpay Holdings Netherlands Opens At $19.50, IPO Priced At $19

PicPay prices IPO at $19 per share

PicPay prices IPO at $19 per share

PicPay prices IPO at $19 per share

PicPay Holdings (PICS) indicating to open at $20, IPO priced at $19

PicPay Holdings (PICS) indicating to open at $20, IPO priced at $19

PicPay reportedly prices U.S. IPO at $19/sh, top of range

PicPay reportedly prices U.S. IPO at $19/sh, top of range

PicPay launches IPO with 22.8 million shares priced $16-19 each

PicPay launches IPO with 22.8 million shares priced $16-19 each

PicPay launches IPO with 22.8 million shares priced $16-19 each

PicS N.V. (PICS) files for 22.86M share IPO at $16-$19/sh