Picpay Holdings Netherlands N.V. (PICS) AI Stock Analysis

PicS N.V. operates as a digital financial services company that provides a digital wallet and mobile application for individuals and businesses in Brazil. Its consumer offerings include transactional tools such as the Pix instant payment system, peer-to-peer transfers, bill payments, payroll portability, global accounts, and a payment assistant. The company also provides multipurpose cards, personal loans, instalment payments, public and private payroll loans, and access to the FGTS annual birthday withdrawal program. Additionally, it offers digital insurance products, investment services, QR code merchant payments, corporate benefits, salary advances, the PicPay Shop marketplace, and the PicPay Ads marketing platform.

PICS grew annual revenue from $1.22B in FY2021 to $10.28B in FY2025, representing a 4-year revenue CAGR of 70.2%. Annual revenue rose 98.2% in FY2025, up from $5.19B in FY2024. Profitability improved from an operating margin of -155.3% and net income of -$1.56B in FY2021 to an operating margin of 39.3% and net income of $1.09B in FY2025. Over the trailing twelve months, revenue reached $13.38B with a profit margin of 10.0% and diluted EPS of $1.95. For the latest quarter ended June 30, 2026, quarterly revenue grew 67.0% year-over-year, while quarterly earnings dropped 99.7%.

As of June 30, 2026, PICS held $5.42B in cash and short-term investments alongside total debt of $35.82B, resulting in net debt of $30.39B. Shareholders' equity stood at $6.30B against total assets of $52.09B, yielding a debt-to-equity ratio of 5.69. In FY2025, operating cash flow was -$3.74B and free cash flow was -$4.42B, with capital expenditures totaling $684.3M.

PICS trades at a trailing price-to-earnings multiple of 6.8x, compared to 28.1x for the median of its US-listed Technology peers. Its forward P/E of 2.3x sits below the peer median of 18.8x, and its price-to-sales multiple of 0.1x compares to a peer median of 2.8x. The company has an enterprise value of -$1.37B and a market capitalization of $1.71B. The stock closed at $13.17 on October 16, 2026, between its 52-week low of $8.08 and 52-week high of $19.95, while the S&P 500 posted a 1-year return of 16.8%.

Wall Street coverage consists of 7 Strong Buy ratings, 2 Buy ratings, and 0 Hold or Sell ratings. The mean price target is $19.39, which sits 47.2% above the last close of $13.17. For the fiscal year ending December 31, 2026, analysts estimate EPS of $7.88 on revenue of $15.31B. For the next fiscal year, 4 analysts estimate revenue of $21.17B and EPS of $14.76. The company is scheduled to report earnings on November 23, 2026.

This page is an AI-written research summary of Picpay Holdings Netherlands N.V. (PICS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: PICS income statement, PICS balance sheet, PICS key metrics, PICS analyst forecast, PICS chart. See the PICS stock overview for the latest quote and news.