TOP PICK
Nuvei Corp

Scorching hot, Covid-era IPO. Went up in parabolic fashion, and then down symmetrically. Regaining momentum. Global payments company in different verticals like online betting, social gaming, foreign exchange trading. Smaller business in crypto. Recent acquisition deepens exposure in less-cyclical verticals like healthcare, very accretive. Increased revenue guidance. Founder-led. Large addressable market. Despite the runup, undemanding multiple at less than 20x. No dividend.

(Analysts’ price target is $71.26)
Technology
BUY
Nuvei Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

NVEI trades at 4X sales; 17X 2023 earnings. 
It has $240M net cash (as of last report) and EPS is expected to grow about 15% this year and 20% in 2024. 
Cash flow is positive ($258M in 12 months). Its current P/E is very low vs its historical averages, but it has been public less than three years. 
Its last quarter was decent and it generally beats expectations (7 for 8). 
It just completed a $1.3B acquisition of Paya which will use up its cash (and more) but looks good for longer term growth. 
We like its risk/return potential from current levels. 
In a normal market we would expect its P/E to move to the 25X range, so 'potential' stock gains are good if it executes well and the overall market co-operates.  
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Technology
DON'T BUY
Nuvei Corp
NVEI vs. LSPD

Neither fits his criteria. Hasn't shown ability to produce consistently high ROIC. LSPD still losing money. NVEI's PE ratio is in the 70-90 range. Neither has the proven business model he's looking for; you can lump in DND, SHOP and DCBO too. No track record. Relying on large and lumpy acquisitions, many done at nosebleed valuations. Relies on debt to fuel acquisitions.

Technology
BUY on WEAKNESS
Nuvei Corp
His target is $64.70, so a decent runway. They just bought an American integrated payments platform, a big acquisition, which will diversify Nuvei and fuel its growth. A success story. At the current $43 price, wait between $35-40 to buy.
Technology
DON'T BUY
Nuvei Corp
Prefers the more consistent Visa. NVEI has fallen and is too volatile.
Technology
TOP PICK
Nuvei Corp
It is not a core position, just a small one. The Crypto fallout has been big in the past few weeks along with weaker gaming and the macro environment. Q3 results were a beat across the board. It guided 20% revenue growth and margins above 40. It has a diverse business model so is not too affected by Crypto and has no exposure to FDX. It has an estimated 29% growth rate per share by 2024 and trades at half the price of its peers. Buy 11, Hold 6, Sell 0 (Analysts’ price target is $47.79)
Technology
DON'T BUY
Nuvei Corp
Recent deal for online betting. Continues to get good clients. Volatile sector. He tends to stay away from the gaming side of things. (Analysts’ price target is $49.00)
Technology
COMMENT
Nuvei Corp
E-commerce. Painted with the same brush as SHOP. If you own some of these tech names, you need to put protections in place to defend your long positions.
Technology
WEAK BUY
Nuvei Corp
Has cashflow. Not cheap, but it's a real business. Has a path to profit. If price momentum improves, he could see going long on it. If you can stomach the volatility, you could buy it now.
Technology
COMMENT
Nuvei Corp

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company announced a collaboration with Ledger in order to enable the purchase of cryptocurrencies without external exchanges. The stock price has jumped 10%. Unlock Premium - Try 5i Free

Technology
DON'T BUY
Nuvei Corp
Lots of growth comes from offshore gambling, and he has an ESG problem with that. Expensive segment, even at this level. This will bounce around off the base. Company needs to come out with better than expected results to counteract the short report.
Technology
DON'T BUY
Nuvei Corp
Doesn't follow it closely. It has done well since IPO, but has been hit by rising interest rates. Within the payment space, she prefers Visa for being more global.
Technology
BUY on WEAKNESS
Nuvei Corp

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Has seen some good momentum in shares and profitability. The stock is trading at historically low multiples. Currently at 11x sales. The company is profitable, which makes it less risky than other tech stocks. Unlock Premium - Try 5i Free

Technology
HOLD
Nuvei Corp
Global payment provider. Short seller report, shares down. Management has addressed concerns, and needs to execute on strategy. Good free cashflow. Discount to peers, which hopefully will be reduced over time.
Technology
DON'T BUY
Nuvei Corp
Negative report out today. Fast-growing, highly specialized, caught investor intention. Insiders have sold stock since it went public. Fintech is changing rapidly. Too volatile for him. Day trading is a highly risky proposition. Be especially careful with year end tax-loss selling, as portfolio managers shoot first, ask questions later.
Technology
Showing 1 to 15 of 36 entries

Nuvei Corp(NVEI-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 2

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 5

Stockchase rating for Nuvei Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nuvei Corp(NVEI-T) Frequently Asked Questions

What is Nuvei Corp stock symbol?

Nuvei Corp is a Canadian stock, trading under the symbol NVEI-T on the Toronto Stock Exchange (NVEI-CT). It is usually referred to as TSX:NVEI or NVEI-T

Is Nuvei Corp a buy or a sell?

In the last year, 5 stock analysts published opinions about NVEI-T. 2 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nuvei Corp.

Is Nuvei Corp a good investment or a top pick?

Nuvei Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Nuvei Corp.

Why is Nuvei Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Nuvei Corp worth watching?

5 stock analysts on Stockchase covered Nuvei Corp In the last year. It is a trending stock that is worth watching.

What is Nuvei Corp stock price?

On 2023-03-31, Nuvei Corp (NVEI-T) stock closed at a price of $58.88.