UBS Maintains Buy on StoneCo, Lowers Price Target to $15

Why StoneCoStock Soared Today

StoneCo stock surged 24.8% on October 5, 2026, following Brazil's first round of presidential elections where conservative candidate Flávio Bolsonaro outpolled incumbent President Lula da Silva (47.3% vs 44.8%). Investors are optimistic that a Bolsonaro victory in the October 25 runoff could benefit the Brazilian economy and StoneCo, a Brazilian e-commerce software company. The stock is valued at 3.6x trailing earnings with forecasted 16% annual earnings growth.

Shares of U.S.-traded companies with Brazil exposure are trading higher after the first round of Presidential election balloting showed right-wing candidate Flavio Bolsonaro with a lead over Lula, the current left-wing President. The results may indicate a possible pro-business final election outcome ahead of the October 25 run-off vote, wherein the winning candidate must achieve a majority above 50%.

Brazilian Stocks Rally 14%, Eye Best Day Since 2020 After Bolsonaro's First-Round Victory

Brazil stocks: the iShares MSCI Brazil ETF jumps 13% after Flávio Bolsonaro beats Lula in the first round, setting up an Oct. 25 runoff.

RXO, Vaxcyte, PTC And Other Big Stocks Moving Higher On Monday

U.S. stocks mixed as Dow falls 250+ points; RXO surges 23% on $5.8B C.H. Robinson deal, while Vaxcyte and PTC post major gains.